Bureau Veritas Acquires Another NDT Firm
Classification society BV acquire LVQ-WP, a German group specializing in non-destructive testing (NDT) and industrial inspection services. Founded in 1994, LVQ-WP is headquartered in Muelheim in the Rhein-Ruhr area, which is a strategic industrial cluster in Germany, and provides services to the power, process and manufacturing sectors in Germany and Eastern Europe. LVQ-WP currently has 120 highly qualified employees and its 2012 revenues totaled around EUR9 million. In Europe, non-destructive testing and industrial inspection services represent an attractive market, estimated at EUR850 million with a growth rate of around 8% per year, in which demand is driven by the need to maintain the integrity of ageing infrastructure.
Tognum Expands Production Network
Friedrichshafen, 21 March 2011. The specialist for propulsion and power solutions Tognum is expanding its production capacity in Europe. Tognum is to invest several million euros in the next few years in the lead plant in Friedrichshafen and in a new facility in Eastern Europe, in order to bring its production and assembly capacity in line with the significant growth expected in the years ahead. The investments, which were recently approved by the Supervisory Board, are the result…
Canada Maritime Expands Eastern European Network
Canada Maritime has expanded its agency network in Eastern Europe to capitalize on an anticipated increase in trade between North America and the region over the next few years. Aseco Container Services has been appointed to represent Canada Maritime in three of the most dynamic markets in Eastern Europe, namely Poland, the Czech Republic and Slovakia. years. Aseco is also currently the agent for Canada Maritime in Scandinavia with offices throughout the region. Forwarding in the Ukraine. Shipments to and from Eastern European markets are transhipped over Hamburg or Antwerp, both of which are served by a fixed-day weekly sailing of Canada Maritime’s three loop Northern Service. development,” said Terry Burrows, Senior Vice President CP Ships.
NATO to bolster defence of E.European Allies
NATO is sending part of its naval rapid reaction force to the Baltic Sea as part of a drive to step up the defence of eastern European allies in response to the crisis in Ukraine, the military alliance said on Thursday. Separately, Canada said it had offered six CF-18 fighter planes as its contribution to NATO efforts to beef up its presence in eastern Europe and reassure nervous allies there that NATO would protect them in the event of any Russian aggression. The Pentagon said it would extend its own deployment of F-16 fighter jets to Poland through the end of the year, and encouraged other NATO allies to contribute to the detachment.
Dutch Barge Owners Order Nearly 200 Vessels
Dutch private barge owners have ordered about 200 new vessels, which will require a total investment of about $638 million, the Dutch inland shipping office said. The ships will be delivered between this year and 2002. The parts are mainly being built in eastern Europe and Asia and will be put together on Dutch shipyards. Currently, about 54 percent of container transport to and from Rotterdam is done by barges. That share is expected to rise to 60 percent, the inland shipping bureau said.
Ship Management Says Concerned for Crew After Iran Fires Shots
Rickmers Shipmanagement, the Singapore-based company that has chartered the Maersk Tigris, said Iranian officials fired warning shots at the container ship and boarded it on Tuesday. Spokesman Cor Radings told Danish TV2 news channel the company was concerned for the 24 crew members on board, most of whom come from Eastern Europe and Asia. He said the vessel was running along a normal commercial route between Saudi Arabia and the United Arab Emirates and that the company did not yet know why Iran had stopped it. (Reporting by Sabina Zawadzki; Editing by Janet Lawrence)
USS Cole (DDG 67) to Enter Black Sea Today
USS Cole (DDG 67) will enter the Black Sea, Feb. 8, 2015, to promote peace and stability in the region. Cole’s presence in the Black Sea will serve to reaffirm the U.S. dedication to commitment towards strengthening the partnerships and joint operational capabilities amongst U.S., NATO and regional Black Sea partners. “The United States remains fully committed to our NATO Allies and regional partners throughout Europe. We maintain our ships and submarines deployed across the Mediterranean, north Atlantic and into the Black Sea.
Yacht Charter Market to Cross USD 50bln by 2020
Yacht charter market is set to grow at a compound annual growth rate (CAGR) of 6.5% through 2020, says Future Market Insights in its research report. Yacht charter market revenues were estimated at US$ 37 billion in 2015, and by 2020, the market is expected to surpass US$ 50 billion mark. A renewed interest is being witnessed in spending on leisure and entertainment, giving a fillip to the global yacht charter market. The economic downturn of 2007-08 had a dampening effect on the yacht charter market…
Grove Appointed to Chief Technology Officer, ABS
ABS announced the appointment of Todd Grove to the position of Chief Technology Officer (CTO) in a move that further underscores the strategic alignment of the classification society’s technology resources and Rule development initiatives with the operating divisions. Grove will report to ABS President and COO Christopher J. Wiernicki and be based in the society’s headquarters in Houston. Grove, a 28-year veteran of ABS, has served as President and COO of three ABS operating divisions – Europe, Pacific and Americas. He also has extensive experience in the offshore sector having served as Director, Energy Project Development and Manager, Offshore Engineering.
Piraeus Targets Cruise Sector
Piraeus Port, Greece's largest, aims to increase its cruise traffic from 1 million passengers a year up to 1.5 million in the short-term and to 3 million long-term, its managing director, Fu Cheng Qiu, said on Friday. COSCO Shipping, which owns the world's fourth-largest container shipping fleet, bought 51 percent of the port's operating company last year, and plans significant investment to turn the port into a transhipment hub for rapidly growing trade between Asia and Eastern Europe.
US Ships Tanks, Equipment for NATO Exercises in Europe
Hundreds of U.S. tanks, trucks and other military equipment arrived by ship in Germany on Friday to be transported by rail and road to eastern Europe as part of a NATO buildup that has drawn Russia's ire. Two shiploads arrived in the northern port of Bremerhaven and a third was due in a few days, bringing the fleets of tracked and wheeled vehicles for use by around 4,000 U.S. troops being deployed for exercises in NATO states near Russia. U.S. and Polish forces will participate in a large "massing" exercise in Poland at the end of January as part of a series of measures aimed at reassuring U.S. allies in Europe after Russia's 2014 annexation of the Crimea region of Ukraine.
Russia, Consumer States Discuss Gas Supply Via Ukraine
Russia's Energy Minister and the head of Gazprom discussed gas supplies via Ukraine with representatives of consumer countries Bosnia, Macedonia and Moldova on Saturday, Interfax news agency quoted the ministry as saying. Participants in the Moscow talks, including Russian Energy Minister Alexander Novak and Gazprom chief Alexei Miller, expressed concern that payment problems could result in a fall in the amount of gas crossing Ukraine to countries in south-eastern Europe. President Vladimir…
COSCO Sees Piraeus in Top Thirty by 2018
COSCO Shipping, plans to ramp up container volume at Greece’s biggest port in Piraeus by 35 percent by 2018, the port’s new managing director, Fu Cheng Qiu, said, reports Reuters. China's biggest shipping company, which owns the world's fourth-largest container shipping fleet, bought 51 percent of the port's operating company last month for 280.5 million euros ($315.5 million), one of Greece's biggest and most strategic privatizations since a debt crisis began in 2009. COSCO wants…
NATO Bolsters the Baltics
Four Allied nations deploy five ships to reinforce Baltic waters in response to manoeuvres by Russian troops in the areas bordering Allied countries. A naval operation is prepared to react efficiently in potential moments of crisis. In light of the crisis in Ukraine, NATO is boosting its presence in Alliance member state waters in Eastern Europe. NATOChannel is on board HNoMS Valkyrien, the current flagship of one of NATO's four naval fleets, the Standing NATO Mine Counter-Measures Group ONE (SNMCMG1), made up of five ships.
Ukraine, Frontera Sign Construction of LNG Terminal
Ukraine's NJSC Naftogaz signed a memorandum of understanding with U.S. Frontera Resources on the construction of a liquefied natural gas (LNG) terminal in Ukraine, according to Ukrainian Prime Minister Arseniy Yatsenyuk. "U.S.-based Frontera will begin the construction of an LNG terminal and launch natural gas shipments to Ukraine through this terminal," Yatsenyuk said. He added that the project, which was launched in 2012 but suspended in 2013 due to inadequate investment, will allow Ukraine to import LNG from Georgia through the Black Sea.
Cavotec Acquires Combibox Systems
Sweden's Cavotec Group strengthens customer base with acquisition of ground support equipment manufacturer Combibox, also of Sweden. Cavotec explains their success at generating added value for customers and the Group by applying technologies perfected for airports to port applications for ships: an approach Combibox has also adopted. “With more than 30 years of experience in the airports industry, Combibox is extremely well-established; it has an outstanding customer base with product references all around the world. This will enable the Group to further improve its offering and expand into new markets,” explains Cavotec CEO Ottonel Popesco.
Manning Agency Blacklisting Blights Seafarers
The Apostleship of the Sea (AoS) writes to condemn crewing agency practice of blacklisting certain seafarers. The report “Construction industry faces claims for compensation over blacklist” (October 19) brings to mind the blacklisting also occurring in shipping. Seafarers are usually recruited by manning agents in labour supply countries such as the Philippines and eastern Europe. Port chaplains visiting seafarers tell of the palpable fear of being blacklisted. Conditions on ships can be tough, so working conditions will have to be pretty tough before a seafarer would even considering making a complaint. The recent Dispatches Channel 4 programme “Cruises Undercover: The Truth Below Deck” also suggested that this may be the case also on cruise ships.
Polish Port Appoints New CEO
Maciek Kwiatkowski will take up the leadership of DCT Gdansk at the beginning of April 2013. As DCT continues its preparations for the next major extension phase, an internationally experienced authority in port management, Maciek Kwiatkowski, will join DCT to lead the Baltic’s fastest growing container terminal. He will commence as DCT’s CEO at the start of April, and has 30 years of experience in the port industry with a strong focus on operation, design and construction of container terminals. DCT’s new CEO has successfully run projects in Australia, Asia as well as South America. "I am very excited about joining DCT’ said Maciek Kwiatkowski.
SENER Hires New GM for Engineering Business Unit
Rafael de Góngora Escrivá de Romaní has been appointed Head of the Marine Engineering Strategic Business Unit (MaSBU) and director of the Department of Engineering and Marine Systems of SENER, an engineering and technology group that has a workforce of more than 5,000 professionals, offices in four continents and a turnover of 1.16 billion euros (2011 figures). Rafael de Góngora leaves the position of Director of Operations of the Marine Engineering Strategic Business Unit and will strive in his new position to further broaden the international customer base of the company…
Resilient Dutch Network
As a bastion of ship production in the under 10,000-dwt-vessel range, the industry in the northern Netherlands continues to demonstrate true global competitiveness in its chosen fields of endeavor. While much of European shipbuilding bewails the intensified onslaught from the Orient, impinging on an ever-greater range of ship types and ever-widening circle of European shipowning communities, the yards and allied firms in the northernmost Dutch provinces are putting down building blocks in new market areas. Key points of the investment-underwritten drive to increase market reach and develop business volume are a push towards larger vessels, up to 20,000-dwt in some cases, and the forging of new relationships with builders in Eastern Europe.
Moore Stephens Opens Ukraine Office
Shipping accountancy and business consultancy network Moore Stephens has expanded its Eastern Europe coverage by opening an office in Odessa. Odessa is the Ukraine's major port city and Moore Stephens believes the mixture of shipping and other industry in the region is set for growth. "Moore Stephens chose Odessa to open a new office because of the shipping connection and because we believe the Ukraine has a bright future," said Martin Rix, managing director of Moore Stephens Ukraine. "We already have clients in shipping, but we will work across all industries, just as we do in our Russian offices."
Ekerot, Managing Director Beijer
Magnus Ekerot is the new Managing Director for Beijer Electronics Products AB as of Jan. 1. 2009. Conny Persson who held the post before him is retiring, leaving the company after 26 years. Magnus Ekerot joins Beijer Electronics from Axis Communications GmbH in Munich, Germany, where he held the position as Managing Director responsible for Middle and Central/Eastern Europe for the past five years. Before that he graduated from Lund and Edinburg University, got an MBA from Henley Management College, UK and a Ph.
Green Reefers Invests in Polish Terminal
Green Reefers ASA increased its share in the Polish terminal Euro Terminal Sp.z.o.o.; formerly Odraport. An agreement has been reached to acquire Frax AS' 6 percent shares in Odra Industries ASA, the holding company of Euro Terminal. Green Reefers will thereafter own 31 percent in the terminal. Euro Terminal owns and operates a port in the northwestern corner of Poland with a total cold store capacity of 30,000 tons. Euro Terminal is the main port for Green Reefers in Poland. The port is serving the markets in Poland, Central- and Eastern Europe.