Eastern Europe News

11 Aug 2020

Uber Boat Launches in London

(Photo: Uber Boat by Thames Clippers)

Uber is taking to the water in London. Earlier this month the international ride-hailing company marked the start of a partnership with water taxi operator Thames Clippers to provide its services on the River Thames.The first vessel donning Uber Boat by Thames Clippers branding set sail on August 3 as part of a fleet of 20 passenger vessels departing from 23 piers across London from Putney in the west to Woolwich Royal Arsenal in the east.Uber is rolling out the service on its app…

16 Jul 2020

BSM Opens Liquid Cargo Simulator Facility

(Photo: BSM)

Bernhard Schulte Shipmanagement (BSM) said it has launched a new liquid cargo training facility at its maritime training center in Cyprus as part of a wider boost to LNG training across the whole company, reflecting increasing industry demand and more LNG vessels entering the market.The new Liquid Cargo Simulator (LCS) has been designed and developed by BSM’s inhouse technical team and uses GTT Training software. It offers realistic training on a wide range of vessel types: LNG…

16 Jun 2020

COVID-19 Measures Prove Costly for Crewing Sector

(Photo: Danica Crewing Services)

Measures being taken by ship operators in an effort to to ensure the safety of seafarers around the globe and the trade of vital food and supplies amid COVID-19 are proving costly as well as tricky warns a crew specialist.Henrik Jensen of Danica Crewing Services reports that they recently placed a crew of 19 of Ukrainian and Filipino nationality on to a vessel and the necessary pandemic-related procedures cost some $10,000, which the ship owner had to cover.The charges included COVID-19 PCR tests of all crew members…

19 Dec 2019

Kalmar Supplies 9 Straddle Carriers to Eurogate

Image: Kalmar

The  manufacturer of terminal tractors Kalmar has concluded an agreement with long-term customer Eurogate to heighten nine Kalmar straddle carriers operating at the Eurogate Container Terminal Hamburg.The order was booked in Cargotec's 2019 Q4 order intake, with the work scheduled to commence in Q1 of 2020 and be completed by the beginning of Q3, the unit of Cargotec said.Eurogate Container Terminal Hamburg is one of Northern Europe’s main transport hubs, offering excellent road, rail and feeder connections to the economic centers of Scandinavia, Central and Eastern Europe, and Russia.

14 Nov 2019

Cosco Acquires Stake in Greek Intermodal Firm

Photo: Cosco Shipping Group

OceanRail Logistics, part of the Cosco Shipping Group, acquired 60% of the Greek railway company Piraeus Europe Asia Rail Logistics (PEARL) as part of its plan to develop its intermodal transport services network.OceanRail specializes in sea-rail intermodal transport with the Piraeus Port as the hub and related logistics business, while PEARL is a Greece-based company engaged in railway operations.The China-Europe Land-Sea Express Line, which starts from the Piraeus Port in Greece and expands to the hinterland of Central and Eastern Europe…

12 Nov 2019

First Metrans Vectron Released

Pic: © METRANS Rail (Deutschland) GmbH

Rail freight operator Metrans received the first Vectron multi-system locomotive at its container terminal in Prague.The vehicle is part of an order of ten multi-system locomotives. They are being manufactured in the Siemens Mobility factory in Munich-Allach and will be delivered in full by spring 2020.Metrans will deploy the new Vectron locomotives in transnational freight traffic across Central and Eastern Europe.“We are very happy to have received the first of ten Vectron locomotives from Siemens Mobility at our location in Prague.

11 Nov 2019

$154.5Mln EIB backing for Greek Port

Image ©Piraeus

The European Investment Bank (EIB) on Monday formally agreed to provide 140 million euros (USD $154.5 million) to support expansion and upgrading of Piraeus Port, Greece's main port.The largest ever loan for port investment in the country by Europe’s long-term lending institution, will support the implementation of part of investments at the Port of Piraeus in a total investment plan of more than EUR 600 million. The 20-year loan was signed in Athens in the presence of Prime Minister of Greece Kyriakos Mitsotakis…

01 Nov 2019

Gdansk Ports Aims to be Gateway to Baltic

Photo: Port of Gdansk

Europe’s fastest growing port, the Port of Gdansk, has outlined huge expansion plans designed to double its cargo volumes to 100m tonnes a year, during a high-level maritime and business delegation from Poland to Singapore.The delegation marks 50-years of diplomatic ties between the countries and is being organized with PSA International, the Singapore based global ports group. In May this year PSA International formally acquired DCT Gdansk, the largest container terminal in Poland…

08 Aug 2019

Cruise, Ferry Seafarers Among the Unhappiest

Image: The Mission to Seafarers

The seafarers working onboard cruise ships and ferries rank among the unhappiest in the industry, said a study.Seafarer happiness levels across tanker, bulk carriers and container ship sectors close to global average this quarter, it said.The latest Seafarers Happiness Index report, published by The Mission to Seafarers, showed that cruise and ferry crews had an average score of 5.3/10 on their general happiness level – 15 per cent less than the global average across all vessel types…

05 Jun 2019

Maersk Unveils its First Cold Store in Russia

Photo:Maersk Line

Danish international container shipping company A.P. Møller – Mærsk A/S (Maersk) has launched the construction of its new cold store facility in St. Petersburg to address the needs of a high-demand Russian market.The 3-chamber warehouse will offer specialised solutions extending the life cycle of perishable goods, said a press release from the business conglomerate with activities in the transport, logistics and energy sectors.On June 5th, 2019, the ground-breaking ceremony for the new warehouse took place in St.

12 May 2019

W/Yachts to Market Ferretti Yachts

Pic: Ferretti Group

Italian multinational shipbuilding company Ferretti Group expands its presence in Europe and announces a new dealership agreement with W / Yachts, that will dedicate itself to the exclusive marketing of Pershing and Ferretti Yachts brands in Poland.The partnership will allow the Group to further consolidate the coverage of the assistance network in Eastern Europe, guaranteeing a full service to the shipowners of the region, starting from the order time to the post-sales.“This agreement is another important step in our ambitious process of strengthening and expanding our business.

25 Apr 2019

EU Funding for Polish LNG Terminal Expansion

Pic: European Commission

The Polish government and the Polskie LNG company signed a grant agreement on 24 April for the extension of the Liquefied Natural Gas (LNG) terminal in Świnoujście, in north-western Poland on the Baltic Sea coast.Almost EUR 128 million from the European Regional Development Fund is invested in extending this terminal, which is the only facility of its size in Northern, Central and Eastern Europe.Commissioner for Regional Policy Corina Creţu said: "The extension of the Świnoujście terminal will help diversify natural gas supply sources and improve the country’s energy security.

19 Apr 2019

Europe Invests $30bln in Wind in 2018

Image: WindEurope

Europe invested a total of EUR27bn (USD 30.34bln) in new wind farms in 2018, allowing it finance a record amount of new wind energy capacity, according to European trade body WindEurope.Europe invested EUR 10.3 billion in new offshore wind farms with a combined capacity of 4.2GW in 2018.Investments in new offshore wind projects increased by 37% from 2017 but were still some way off the record EUR 18.2 billion seen in 2016, according to the report. The capacity financed in 2018 is also the second highest after 2016.The total amount invested in wind power is similar to previous years.

29 Mar 2019

GA Drilling Gets Fund, Signs Pact with MOL

 Pic: GA drilling

High-tech deep-drilling company GA Drilling signed a EUR 4.2 million funding agreement with Lead Ventures and a service agreement with MOL Group.Lead Ventures, a Budapest based venture capital firm invested funds provided by MOL Group, and Hungarian Eximbank.The deal gives GA Drilling access to onshore production wells to test its disruptive PLASMABIT plug & abandonment technology in real field conditions.The agreement is a major step in enabling the commercialization of the PLASMABIT technology…

25 Mar 2019

Thessaloniki Port Joins Green Award

Pic: Thessaloniki Port Authority

The Port of Thessaloniki becomes the first port to join the Green Award certification program in 2019 to attract and reward green high quality ships.Thessaloniki Port Authority, the operating company that manages the port, said in a press note that it will provide an incentive to Green Award ships calling at the port.The Port of Thessaloniki is one of the most important ports in South Eastern Europe, serving an enlarged hinterland of countries. Due to its advantageous geographical location and its excellent road links and train connections…

20 Mar 2019

PSA, Partners Jointly Acquire Gdańsk

Pic: Macquarie Group Limited

Singapore-based port operator PSA International, Poland’s sovereign wealth fund PFR, and IFM Global Infrastructure Fund (GIF), have agreed a deal with Australian infrastructure firm Macquarie to buy Poland’s largest container port DCT Gdansk.DCT Gdańsk is situated at the crossroads of the Baltic deep-sea trading routes and holds a strategic position as a major gateway into Poland and Central-Eastern European markets.Construction of the Port began in 2005 with the outgoing shareholders…

06 Mar 2019

First Mobile Harbor Crane with Exhaust Gas Stage V

Photo: Liebherr

A new Liebherr LHM 420 Mobile Harbor Crane was officially inaugurated in the middle of February in Passau, Bavaria. The new machine in the port of Passau is the first Liebherr Mobile Harbor Crane to comply with the new exhaust gas purification stage V.Around ten years after the opening of the trimodal port location in Passau-Schalding, bayernhafen has once again significantly expanded its infrastructure. In addition to new extension railway an investment was also made in a new mobile harbor crane. bayernhafen Passau is Bavaria's gateway to and from south-eastern Europe.

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…

25 Feb 2019

Wind Provides 14% of European Electricity

Image: WindEurope

Wind energy provided 14% of the European Union’s electricity last year, according to figures published by the region’s wind energy trade body, WindEurope, with 11.7 gigawatts (GW) of new capacity added, including 2.65 GW of offshore wind. Continued growth in capacity and the use of more powerful turbines are helping to drive up wind’s share in the electricity mix. Denmark had the highest share of wind in its electricity last year (41%) followed by Ireland (28%) and Portugal (24%).

15 Feb 2019

EIA: Azerbaijan Surges in Natural Gas

Graphics: U.S. Energy Information Administration

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The EIA’s report notes that Azerbaijan’s exports of natural gas are poised to become a more significant part of the country’s economy.Azerbaijan produced about 600 billion cubic feet (Bcf) of dry natural gas in 2017 and exported about 210 Bcf, according to EIA’s International Energy Statistics.“Azerbaijan is planning to expand its natural gas exports to Europe.

12 Feb 2019

MOL, Total Make Refueling Europe Easier

Pic: MOL Group

Japanese logistics giant Mitsui O.S.K. Lines (MOL) and French multinational integrated oil and gas company Total S.A. signed an agreement which will make travelling across Europe easier for their corporate customers.The agreement provides for acceptance of MOL Group Cards by Total in its network of stations in France, Belgium, Luxembourg, The Netherlands and Germany. At the same time, the Total fuel cards will be accepted in the MOL’s and Slovnaft’s network of stations in Hungary…

12 Feb 2019

Piraeus Port Signs MoU with Italian Ports

Image: Piraeus Port Authority S.A.

The Greek port of Piraeus signed a memorandum of understanding (MoU) with Italy’s port authorities from the cities of Venice and Chioggia.The agreement seeks to develop port services and promote increased trade flow between Europe, the Mediterranean and the Far East.The MoU was signed during a meeting between the chairman and CEO of Piraeus port Fu Chengqiu and the president of the Northern Adriatic Sea Port Authority (Venice and Chioggia) Pino Musolino.The MoU envisages cooperation in improving the exchange of best practices and knowhow in port management…

27 Jan 2019

Polskie LNG Gets Permits for Terminal Expansion

Image: Polskie LNG SA

Polish LNG terminal operator Polskie LNG has obtained a set of environmental and location decisions for all projects implemented under the LNG Terminal Expansion Program.The environmental permits are final, while the decisions issued by the Governor of West Pomerania are immediately enforceable (which stems directly from the provisions of the Special Act on the LNG Terminal).The Expansion Program of President Lech Kaczyński's LNG Terminal is implemented as scheduled."The environmental…

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