Russian Billionaire's Yacht Stuck in Hamburg Shipyard
A luxury yacht linked to Russian billionaire Alisher Usmanov, who faces EU sanctions over Russia's invasion of Ukraine, is sitting in a shipyard in the German port of Hamburg and local authorities said there were no plans to deliver it to its owner.Hamburg authorities denied that they had seized the more-than-500-foot (150 meter) Dilbar superyacht, which boasts a 25-meter swimming pool and is worth nearly $600 million. Forbes had reported on Wednesday that it had been undergoingā¦
Port of Hamburg Sees Volatile Transport Chains for Rest of Year
Europe's third largest harbor, the German Port of Hamburg, reported a 2.9% hike in sea cargo in the first nine months of 2021 on Tuesday but warned that global transport chains would remain volatile for the rest of the year.Global trade has been marred by logjams in container ports caused by disruptions from unexpected demand spurts, labour shortages and traffic snarl-ups amid the coronavirus pandemic.The crisis has weighed particularly heavily on Germany, which is Europe's largestā¦
Damen Delivers Two Azimuth Tractor Drive Tugs 2412 to Kotug
Kotug International will shortly be putting two new Damen Azimuth Tractor Drive Tugs 2412 into operation into the German Port of Hamburg. These tugs were ordered by Elisabeth Ltd in Malta and are being chartered by the Kotug Group. Kotug is a fast growing towage company expanding its innovative services to ports and terminals in Europe (Rotterdam, Hamburg, Bremerhaven), West-Africa and Australia. Recently Kotug started towage activities in the new German deep sea port Wilhelmshaven.
Maersk Exits Chile, Peru, NW Europe Container Service
In a release, the company said the last Andean vessel from Latin America to North Europe would be the Marianne Schulte, which is set to leave Chilean port San Antonio on May 20 and Peruvian port Callao on May 23. The last direct service Andean-bound vessel from North Europe will be the Thekla Schulte, set to leave the Dutch port of Rotterdam on May 23, Tilbury in the U.K. on May 24, the German port of Hamburg on May 26 and Antwerp, Belgium on May 28. Maersk said Peru and Chile would continue to be served with vessels via Balboa, Panama, while a direct service from the Colombian port of Santa Marta will continue with an improved transit time of 12 days through the existing network.
