Austria News

12 Apr 2019

HHLA Strengthens Intermodal Network

Image: Hafen Hamburg Marketing/Siemens

Metrans AS, a subsidiary of terminal operator Hamburger Hafen und Logistik AG (HHLA), has ordered ten Vectron MS locomotives from Siemens Mobility Czech Republic.The locomotives will be built at Siemens Mobility’s factory in Munich-Allach, and deliveries are scheduled from the end of 2019 until spring 2020. The locomotives will be operated in cross-border freight service in Central and Eastern European countries."It is our pleasure to expand the Metrans vehicle fleet by ten multisystem Vectron locomotives from Siemens Mobility.

04 Mar 2019

MOL: Growww Grad Program in Europe

Pic: MOL

Japanese shipping giant has urged graduates to apply for the latest edition of its award-winning talent acquisition program, Growww.The Growww 2019 offers fresh graduates a unique opportunity to kick-start their career in one of the largest corporations in Central Eastern Europe, said a press note from the global transport company.Through the program MOL aims to develop a new generation of industry experts, offering them an opportunity to learn and solve real-life business challenges…

18 Feb 2019

Clean Arctic Alliance Thrusts on HFO Ban

Pic: Clean Arctic Alliance

As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 6) opened yesterday in London, the Clean Arctic Alliance called on Member States to remain focussed to the goal of developing a ban on the use and carriage of heavy fuel oil (HFO) by shipping in the Arctic.“While IMO delegates gather to discuss ways to mitigate the impacts of heavy fuel oil (HFO) – the dirtiest of ships’ fuels – on Arctic ecosystems, IMO member states must keep their sights firmly on the need for a ban…

06 Feb 2019

Wight Shipyard Delivers 6th Ferry in two years

Photo: Wight Shipyard Co

Wight Shipyard Co delivered its first multi-million pound export order for a 250-passenger river catamaran to operate for Central Danube Region Marketing & Development GmbH’s Twin City Liner – a tourist service running on the River Danube between Vienna and Bratislava, joining two European capital cities.The passenger river catamaran was handed over to its new owners in an event hosted by Peter Morton, CEO of Wight Shipyard. In attendance were His Excellency Michael Zimmermann…

20 Nov 2018

Rimorchiatori Spezzini Orders Two Damen ASD Tugs

Damen ASD Tug 2411 (Photo: Damen Shipyards)

Rimorchiatori Spezzini, a subsidiary of the Scafi Group, contracted Damen Shipyards Group for two new Damen ASD Tugs 2411. The order comes as part of Scafi’s plans to expand its fleet in response to the newly assigned harbor towage concession in the port of Safi, Morocco. The two new ASD Tugs will be based in the Port of La Spezia, an important maritime hub for commercial markets in North Italy, Austria, Switzerland and Germany. (Read more about the Port of La Spezia in the latest…

13 Nov 2018

OMV, Sapura Energy Sign Pact

Image: Sapura Energy Berhad

Malaysia’s Sapura Energy has entered into a heads of agreement with Austria’s OMV to form a strategic partnership and acquire half of Sapura Upstream for $1.6 billion."Under the agreements, OMV Exploration and Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft, will buy a 50 per cent stake of the enlarged issued share capital in a newly-formed joint venture company, SEB Upstream Sdn Bhd (SUP), based on an enterprise value of up to USD1.6 billion comprising an equity value of up to USD1…

29 Oct 2018

Industry Groups Welcome Arctic Heavy Fuel Oil Ban

Pic: Pacific Environment

The Clean Arctic Alliance and indigenous groups welcomed the support given by member states to commence work on developing a ban on the use and carriage of heavy fuel oil in Arctic waters as the International Maritime Organization’s Marine Environment Protection Committee (MEPC 73) closed last week in London.Support for commencing work, to mitigate the risks of using and carrying HFO fuel in the Arctic which includes developing a ban, at the PPR6 technical meeting, in February 2019…

10 Oct 2018

Chevron becomes first oil major to exit Norway

© Marius Dobilas / Adobe Stock

U.S. oil firm Chevron will become the first oil major to formally exit the Norwegian continental shelf (NCS) as it transfers its last stake in an exploration license, according to a government letter.Oil majors, including Exxon Mobil, BP and Shell, have scaled down their presence in Norway by selling or merging their assets in the mature region to focus on new growth opportunities elsewhere.Chevron is also seeking to sell assets in the British North Sea in order to focus on growing U.S.

02 Oct 2018

Antwerp Port-Europe Traffic Up

Pic: Port of Antwerp

Traffic flows between the Belgian port of Antwerp and the hinterland market in Hungary and Austria are increasing continuously. In order to meet the growing demand, the Antwerp Port Authority is promoting the expansion of hinterland connections, especially by rail.Two regular rail connections to Hungary have been established since 2015 and rail services to Austria have been expanded from one to currently three.At a port event held near Vienna on 27 September, leading representatives…

22 Aug 2018

Record Low Danube Hinders Shipping in Hungary

© Gudellaphoto / Adobe Stock

Water levels on the Danube dropped to record lows on three sections of the river in Hungary on Wednesday due to a recent drought, hindering passenger cruise ships and causing losses to freight shipping companies.In Budapest the Danube receded to 0.61 metres, just above the record low of 0.51 meters recorded in 2003, the National Water Authority said in a statement.Tourists and locals flocked to the bottom of the pillars of the historic Margaret bridge to capture a unique view of the Hungarian capital city from the riverbed…

20 Jun 2018

Oil Traders Ready for Musical Chairs as China Tariffs Loom

© Haris / Adobe Stock

Oil markets are bracing for a reshuffle of global trade flows as China threatens to impose tit-for-tat tariffs on imports of U.S. energy products, including crude.China, which has bought an average 330,000 barrels per day (bpd) of U.S. crude oil this year, is threatening to place a 25 percent tariff on various U.S. commodity exports, including crude oil, although it is so far unclear when such a measure would come in place.The decision came in response to U.S. President Donald…

15 Jun 2018

Learn to Weld with a Virtual Personal Trainer

Photo: Fronius International

The Fohnsdorf Training Center is located in Styria, Austria. To train welders, it uses a virtual welding system – the Virtual Welding simulator from Fronius, the Austrian technology leader. The simulator employs a virtual trainer to provide 1:1 training for the center’s students, an approach that has a positive impact on training quality.A young student carefully guides the welding torch. The weaving motions she makes as she welds the single-V butt weld in front of her appear very composed, an impression that is confirmed by the consistently positive feedback from her trainer.

07 Jun 2018

Gazprom Extends Gas Contract with Austria’s OMV

Foreground: Alexey Miller and Rainer Seele at signing ceremony. Background: Vladimir Putin and Sebastian Kurz. Photo by OMV

Russian gas firm Gazprom has signed a new deal to extend the existing gas supply contract with Austria’s OMV until 2040. Under the existing contract between Gazprom Export and OMV Gas Marketing & Trading, Gazprom agreed to supply gas to OMV until 2028. The document was signed in the presence of Vladimir Putin, President of the Russian Federation, and Sebastian Kurz, Federal Chancellor of Austria, as part of the celebrations marking 50 years of supplies of Russian gas to Austria.

15 May 2018

Nord Stream 2 Dredging Starting Off German Coast

An ROV operates from the vessel Trio to explore the seabed close to Lubmin, Germany. (File photo: © Nord Stream 2 / Axel Schmidt)

A consortium of western companies and Russia's Gazprom that is due to build the controversial subsea Nord Stream 2 gas pipeline to Germany said on Tuesday it was starting preparatory work in the Greifswald bay off Germany's Baltic coast."Five dredgers are now working on the trench for the two pipeline strings," the consortium, based in Switzerland's Zug, said in a press release. Nord Stream 2 will consist of two pipelines running in parallel."Preparatory works are in accordance with the Stralsund mining authority's planning approval," it said.

12 Feb 2018

Wight Shipyard to Build New Danube River Ferry

(Image: Incat Crowther)

U.K. shipbuilder Wight Shipyard Co has secured an order to build a new 39-meter low wash, high-speed catamaran ferry for operation by Twin City Liner on the Danube River between Vienna and Bratislava. The new vessel is scheduled to be delivered in time for the 2019 summer season, starting at the end of March. Incat Crowther said it was selected as the designer after its staff viewed the operation on the Danube first-hand, affording a detailed understanding of the complex operational requirements.

20 Dec 2017

Qatargas Inks Deal to Deliver LNG to Austria's OMV

State-run Qatargas on Wednesday agreed a sale and purchase deal with Austrian oil and gas group OMV to deliver up to 1.1 million tonnes of liquefied natural gas annually for five years. From January 2019, the gas will be provided by Qatar Liquefied Gas Co, a venture between Qatar Petroleum and Shell . It will be delivered to the Gate LNG Terminal in the Netherlands on board Qatargas’ chartered LNG vessels. Facing threats to its market share in Europe from a wave of new U.S. supply and in Asia from new Australian plants, Qatar has sealed similar deals with Uniper, RWE Supply and Trading, Centrica and Petronas UK to secure access to northwest European import terminals.

03 Jul 2017

Trump to Promote US Natgas Exports in Russia's Backyard

President Trump (File photo: Gage Skidmore)

President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs. In recent years, Moscow has cut off gas shipments during pricing disputes with neighboring countries in winter months. Exports from the United States would help reduce their dependence on Russia. Trump will tell the group that Washington wants to help allies by making it as easy as possible for U.S.

24 Jul 2017

Cruise Ship Passengers Evacuated after Blaze on Board

Almost 200 passengers and crew on a cruise along the Danube river had to be evacuated from their vessel on Monday when a blaze broke out on board, the Austrian fire service said. The passengers, who were on a trip with German river-cruise line A-Rosa from Linz to Budapest, were taken off and moved to a nearby ship after the blaze started close to the village of Schoenbuehel-Aggsbach in Lower Austria, a fire brigade spokesman said. No-one was hurt. Twelve fire trucks and several boats with around 150 fire fighters fought the blaze before bringing it under control after two hours. Five ship crew members who tried to extinguish the fire were treated for smoke inhalation in hospital, a spokesman for the Red Cross said.

02 Aug 2017

Liebherr Bolsters Its Australia Maritime Business

The maritime sales division in the regions Australia, New Zealand and Oceania will be developed out of the Sydney office (Photo: Liebherr)

Liebherr Maritime said it will establish full service, spares and sales activities in Australia, New Zealand and the Oceania region to create better support for maritime customers using factory trained and locally recruited engineers. Additionally, Liebherr representative Morrow Equipment Australia will focus on the purchase and rental of tower cranes in the future. Liebherr has been present in Australia since the early ’70s, leasing its first premises in Kilkenny in 1983. Over the years Liebherr invested in the Australian subsidiary…

22 Aug 2017

Total Overtakes Shell in North Sea Production

File Image: a typical offshore North Sea installation (Credit: Craig International)

Majors still control three quarter of output; even after $10 bln of deals, private equity still plays only modest role. French oil major Total has overtaken rival Royal Dutch Shell to become the second-largest producer in the North Sea with its acquisition of Maersk's Norwegian and UK producing assets. The $7.45 billion deal by Total was welcomed by the market, with analysts saying it helped the French company rebalance its portfolio by adding assets in developed countries after going for projects in riskier places such as Iran and Russia.

20 Sep 2017

MV WERFTEN Delivers River Cruise Ship for Crystal

MV WERFTEN CEO, Jarmo Laakso, and Tom Wolber, President and CEO of Crystal Cruises (Photo: MV WERFTEN)

Just a few weeks after delivery of the Crystal Bach, shipbuilder MV WERFTEN has handed over the Crystal Mahler, the second of four Rhine Class ships for client Crystal River Cruises. After the ceremonial change of flags, the ship was christened at the outfitting quay of MV WERFTEN in Wismar. Like its sister vessel, the 135-metre long and 11.4-metre wide river cruise ship was specifically designed for exploring Europe’s rivers. It complies with the highest safety and navigation standards…

05 Nov 2017

APM Terminals Vado Aims to be Gateway to Central Europe

Photo: APM Terminals

APM Terminals Vado, Italy Managing Director Paolo Cornetto highlighted the future role of the deepwater APM Terminals Vado facility, now under construction, as a new southern gateway to Central Europe. “We designed our new port around liner customers - and our landside customers – the importers, exporters and truckers - to help them do more business by tapping into the 70 million-member consumer market of northern Italy, southern Germany, Switzerland, Austria and eastern France within an eight hour proximity of our port," he said.

15 Dec 2017

Asian LNG Spot Prices Jump after European Gas Outages

© Wojciech Wrzesień / Adobe Stock

Asian liquefied natural gas (LNG) spot prices jumped this week in reaction to volatile price spikes on European gas markets and ongoing demand from the region's major consumers. Spot prices for January delivery hit $10.50 per mmBtu, 40 cents above last week, with February prices seeing similar levels. In a tumultuous week, European gas prices gyrated wildly following a flurry of major pipeline and production outages coinciding with high demand and freezing weather. The rally began…

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