Northern Europe News

Norwegian shipowner MPC Container Ships (MPCC) has signed a $55 million pre and post-delivery ECA covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.The vessels are scheduled for delivery towards the end of 2024 and are secured by 15-year time charter agreements with North Sea Container Line (NCL). The loan matures in 2036, according to MPCC.Chinese-based shipyard Taizhou Sanfu Ship Engineering is in charge of the construction…

Thordon Bearings, the pioneer in water-lubricated bearings, secured a new order for a rudder bearing that was fitted to a 77.1m (253ft) research ship that frequently operates in ecologically sensitive marine environments.The 38-year-old Ocean Endeavour, operated by the UK’s Gardline, a multi-disciplinary marine survey company which operates a fleet of 13 multi-role survey ships, was recently fitted with Thordon’s SXL rudder bearing at UK Docks Marine Services’ Teesside drydock.Bruntons Propellers…

The Port of Skagen and Maersk’s offshore vessel-charging venture Stillstrom have signed a memorandum of understanding (MOU) to jointly explore the integration of offshore power and charging solutions into the anchorage zone of the Danish port known as Skagen Anchorage.The strategic collaboration aims to address the pressing need for decarbonization in the maritime industry by leveraging innovative technology and sustainable practices.As one of the busiest anchorage zones in Northern Europe…

The first vessel in a series of 10 newbuilds has been delivered to FureBear, a 50/50 joint venture between Sweden's Furetank and Canada's Algoma Central Corporation.Fure Vanguard is a dual-fuel ice class 1A 17,999 DWT product tanker built by China Merchants Jinling Shipyard in Yangzhou, China.The FureBear JV was formed in 2022 with an initial order for four ships. Later that year, the partners placed an order for four additional vessels, and in 2023 they ordered two more ships.

With a fleet of nine U.S.-flag RoRo ships, American Roll-On Roll-Off Carrier Group (ARC), is the U.S.’ premier commercial RoRo carrier of U.S. government and military cargo. As the world becomes an increasingly contentious place, Eric P. Ebeling, President & CEO, ARC, discusses the vast capabilities of the ARC fleet and logistics network, as well as the challenges and opportunities ahead for U.S.-flag ships in the international trade.By the numbers’ is a simplistic means to gauge the size and shape of any shipping company…

Swedish ferry operator, Stena Line has officially commenced its new Dublin – Liverpool (Birkenhead) freight service. The addition of the new route is expected to further boost the company’s freight volumes following a record year on its Irish Sea services in 2023.The return service will operate daily from Dublin in the morning, making the evening return journey from 12 Quays terminal in Birkenhead.The addition of the new service will be Stena Line’s seventh route in the Irish Sea region complementing its Belfast - Cairnryan…

French container shipping group CMA CGM has taken delivery of the CMA CGM Mermaid, the first ship in a series of 10 new 2,000 TEU containerships powered by liquefied natural gas (LNG), which will be progressively deployed in the Mediterranean and Northern Europe.CMA CGM Mermaid containership is the result of collaboration between CMA CGM, Chantiers de l'Atlantique, and Hyundai Heavy Industries.The delivery is part of CMA CGM's fleet renewal program, in which the group invested more than $15 billion…

Integrated Wind Solutions (IWS) has, through its wholly-owned subsidiary IWS Fleet, entered into a frame term agreement with Siemens Gamesa to provide its commissioning service operation vessel (CSOV) fleet for offshore wind farms in North Europe.IWS Fleet will, under the agreement, provide the Skywalker-class walk-to-work CSOVs to support offshore turbine commissioning works across multiple Siemens Gamesa offshore projects in North Europe over a three-year period starting in 2025.The minimum commitment under the charter agreement covers about 1…

Attacks by Yemeni Houthi rebels on merchant ships in the Red Sea have hit world trade. Between November and December 2023, the number of containers travelling through the Red Sea each day fell by 60% as ships moving goods between Asia and Europe diverted their routes around the Cape of Good Hope at the southern tip of Africa.This route results in at least ten days more sailing time, so has caused freight prices to surge and has triggered costly delays to production. The region has become a bottleneck for the global economy before.

Algoma Central Corporation announced it has acquired two 2009 built, 16,600 dwt product tankers from Norway’s Knutsen OAS Shipping.“We identified an opportunity to secure high-quality ice-class product tankers suitable for trading in Canada and in Northern Europe. These additions will strengthen our capacity to deliver reliable service to our valued customers,” said Gregg Ruhl, President and CEO of Algoma.The vessels are believed to be the Liv Knutsen an Eli Knitsen, built by China's Jiangan Shipyard Corp.The vessels will initially be on bareboat charters back to the sellers.

Automakers Tesla and Geely-owned Volvo Car said they were suspending some production in Europe due to a shortage of components, the first clear sign that attacks on shipping in the Red Sea are hitting manufacturers in the region.The United States and Britain launched a series of strikes on Yemen on Thursday, aimed at the Iran-backed Houthi militia whose attacks on international shipping have disrupted one of the world's most important shipping routes.Container shipping rates jumped…

Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes on Yemen stirring concerns of a prolonged disruption to global trade in Red Sea, one of the world's busiest routes, industry officials said on Friday.U.S. and British warplanes, ships and submarines launched dozens of strikes across Yemen overnight in retaliation against Iran-backed Houthi forces for attacks on Red Sea shipping, widening regional conflict stemming from Israel's war…

Canada-headquartered water-lubricated and grease-free seals and bearings company Thordon Bearings has appointed propeller manufacturer Bruntons Propellers as its new distributor for the U.K. and Ireland region.The propeller manufacturer will market, supply and service Thordon’s entire marine portfolio of propeller shaft bearings and seals. There is also provision for Bruntons to promote and service Thordon’s products in other market segments.Neil McDonald, Thordon Bearings’ Regional Manager…

Global Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attack on one of Maersk's vessels.Both shipping giants have been re-routing some sailings via Africa's southern Cape of Good Hope as Yemen-based Houthi militants attack cargo vessels in the Red Sea. The disruption threatens to drive up delivery costs for goods, raising fears it could trigger…

Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson for the German container shipper said on Friday, adding a further assessment would be made on January 2.Mitsui O.S.K. Lines and Nippon Yusen, Japan's largest shipping companies, also said their vessels with links to Israel were avoiding the Red Sea area. Both companies said they were monitoring the situation.Shipping companies including Hapag-Lloyd and Denmark's Maersk earlier…

Toymaker Basic Fun's team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from the Suez Canal following militant attacks on vessels in the Red Sea.Suppliers for the likes of IKEA, Home Depot, Amazon and retailers around the world are doing the same as businesses grapple with the biggest shipping upheaval since the COVID-19 pandemic threw global supply chains into disarray, sources in the logistics industry said.Florida-based Basic Fun usually ships all Europe-bound toys from its China factories via the Suez Canal…

Maersk and CMA CGM, two of the world's largest shipping firms, will impose extra charges after deciding to re-route ships following attacks on vessels in the Red Sea, as worries about the disruption to global trade grow.The surcharges, designed to cover longer voyages around Africa compared with routes via the Suez Canal, will add to rising costs for sea transport since Yemen's Houthi militant group started targeting vessels.Maersk and CMA CGM are among leading shipping lines to have suspended the passage of vessels through the Red Sea that connects with the key Suez Canal…

The United States on Tuesday launched a multinational operation to safeguard commerce in the Red Sea as attacks by Iran-backed Yemeni militants forced major shipping companies to reroute, stoking fears of sustained disruptions to global trade.The Houthi militant group, which controls vast amounts of territory in Yemen after years of war, has since last month fired drones and missiles at international vessels sailing through the Red Sea - attacks it says respond to Israel's devastating assault on the Hamas-ruled Gaza Strip.This week…

The navies of Britain, Finland and Estonia were practising subsea infrastructure protection in the Baltic Sea region on Monday together with the Finnish Border Guard, Finland's Defence Forces said in a statement.In early October a gas pipeline linking Estonia and Finland was damaged along with three telecommunications cables in the area, which is known for its dense seabed infrastructure.Finland and Estonia suspect the gas pipeline and cable incidents are linked, and believe a Hong Kong-flagged container carrier caused the damage by dragging its anchor along the seabed.

CMB.TECH and Boeckmans will build four hydrogen-powered 5.000-dwt general cargo vessels with reduced greenhouse emissions.The first vessel is expected to be delivered in the second half of 2025. The vessels will be built at the Dung Quat shipyard in Vietnam and will be deployed on major sea routes, including northern Europe, the Mediterranean, North Africa and West Africa.The general cargo vessel, designed jointly with Handelskade, will contain diesel-electric engines placed under the ship's forward accommodation.

CMB.TECH and Antwerp-based shipowner Boeckmans have announced plans to build four hydrogen-powered 5,000dwt general cargo vessels.The first vessel is expected to be delivered in the second half of 2025. The vessels will be built at the Dung Quat shipyard in Vietnam and will be deployed on major sea routes, including northern Europe, the Mediterranean, North Africa and West Africa.The general cargo vessel, designed jointly with Handelskade, will contain diesel-electric engines placed under the ship's forward accommodation.

Viking Vela, the first of a new series of cruise ships that Fincantieri is building for the shipowner Viking, has been floated out at the shipyard in Ancona. The delivery is scheduled for late 2024.The vessel will be placed in the small cruise ship segment. She will have a gross tonnage of about 54,300 tons, will be equipped with 499 cabins and will be able to accommodate 998 passengers on board.Viking Vela will spend its inaugural season sailing voyages in the Mediterranean and in Northern Europe.“Together with Fincantieri…

A Royal Navy task force of seven ships will deploy with allies early next month to jointly patrol areas with vulnerable undersea critical infrastructure, following an unprecedented agreement by ministers of the 10 Joint Expeditionary Force (JEF) nations.The UK contribution to the deployment will include two Royal Navy frigates, two offshore patrol vessels and mine countermeasures vessels, as well as a Royal Fleet Auxiliary landing ship – supported by a Royal Air Force P-8 Poseidon…