Eastern Europe News

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…

08 Jan 2019

P&O Ferrymasters Launches New Link Turkey

Image: P&O Ferrymasters

P&O Ferrymasters announced the launch of new intermodal services from the Turkish ports of Pendik, Ambarli and Mersin to the Free Port of Trieste in Italy, with onward connections to its European intermodal network.The European provider of tailor-made transportation, logistics and supply chain solutions said in a press release that the new services – with departures six times a week in both directions – will connect with rail links from the port of Trieste to P&O Ferries’ continental hubs at Rotterdam and Zeebrugge…

02 Jan 2019

Polskie LNG Begins LNG Terminal Expansion Program

Graphics: Polskie LNG

Polskie LNG, the owner and operator of LNG terminal in Poland published the contract notice that officially commences the tender procedure with the view to select the contractor for the expansion of LNG terminal in Poland, Świnoujście.These components include construction of the third LNG process storage tank, delivery of additional process installations increasing the regasification capacity, and the LNG transhipment installation together with a railway siding.The overall objective of the said projects is not only to increase Poland's energy security…

15 Nov 2018

Global Container Trade Lost Momentum in Q3: Maersk

Svitzer tugboat Hermod outside Maersk headquarter at Esplanaden in Copenhagen, Denmark. Photo: Maersk Line

Global container trade continued to lose momentum in Q3 2018, with growth down to around 2.7% compared to Q3 2017, said A.P. Moller - Maersk in its Q3 interim report.Year-to-date, global container trade has increased by 4.2% compared with the same period last year, a much slower pace of growth than the 5.8% recorded in 2017 Container trade remained fairly weak on the EastWest trades, growing by 1.9% in Q3.Growth was driven by European imports from Asia of 2.3%, refl ecting descent…

10 Oct 2018

MV WERFTEN Strengthens Digital Innovation

(Photo: AVEVA)

Shipbuilder MV WERFTEN has expanded its agreement with engineering and industrial software firm AVEVA to use a greater range of solutions from the AVEVA portfolio to design and construct cruise ships.The renewed agreement gives every MV WERFTEN subsidiary full access to AVEVA’s integrated engineering and design and information management solutions to drive further improvements in collaboration and efficiency across shipbuilding design and construction, due significantly to the…

16 Aug 2018

Konecranes to Deliver RTGs to Slovenia

Phone: Konecranes

The Port of Koper operator in Slovenia, Luka Koper d.d., has ordered five electric Konecranes RTG cranes. The cranes will be equipped with cable reels featuring an auto plug-in system.They will be delivered in the summer of 2019. The contract was signed in June and the order was booked in Q2 2018.Luka Koper’s new Konecranes RTGs will offer important environmental benefits thanks to their electric operation: regenerative power feedback to the local grid, ambient lighting with LED lights and low noise.The cranes will also have driver-assistance features that boost productivity: Auto-steering…

23 Jul 2018

Drones Will Take Off for Shipping, Says Allianz

Image:  Allianz Global Corporate

Unmanned systems are finding a growing number of applications in the maritime sector, and have the potential to make a significant contribution to safety and risk management, says the Allianz Global Corporate & Specialty's (AGCS) Safety and Shipping Review 2018.These include assessing environmental pollution, monitoring cargo loading and pirate activity along coastlines and carrying out cargo tank inspections. Drones could enable faster, more informed decisionmaking on board, reducing the impact of any incident.

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…

16 Oct 2018

Lloyd's Register Updates East Mediterranean Projects on Alternative Fuels

Pic: Poseidon Med II

Three European Commission co-funded initiatives – Poseidon Med II, CYnergy and Elemed – are driving forward the uptake of alternative fuels in the Eastern Mediterranean region.Poseidon Med II: Creating a comprehensive and sustainable supply chain for LNG bunkeringThe Poseidon Med II project is a practical roadmap that aims to promote wide adoption of LNG as a safe, environmentally efficient and viable alternative fuel for shipping and help the East Mediterranean marine transportation propel towards a low carbon future.The project…

08 Nov 2018

Poland Aims 8 GW of Offshore Wind

Image: @WindEurope

Poland has announced ambitious plans to develop 8 GW of offshore wind by 2035 and the country is working on laws that could support this project.Polish State Secretary for Energy Grzegorz Tobiszowski said the country has the potential to develop the capacity in the Baltic Sea up to 2035. "Poland will soon pass a law to this effect, spelling out the annual volumes up to this date," he said.A press release from WindEurope, an association for wind energy in Europe, quoted WindEurope Chief Policy Officer Pierre Tardieu as saying: “Things are now starting to look up for wind energy in Poland.

Maritime Reporter Magazine Cover Jul 2019 - Cruise Vessel Design & Outfit

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