North Europe News

20 May 2019

Hamburg Süd Christens Polar Ecuador

Polar Ecuador (Photo: Hamburg Süd)

Hamburg Süd christened the Polar Ecuador containership in Antwerp.The new vessel belongs to a group of four structurally identical vessels in the Polar class that have been built for Hamburg Süd by the Chinese shipyard Jiangsu New Yangzi Shipbuilding. With a total length of 230 meters and a width of 37.30 meters, the ship offers a container storage capacity of 3,800 TEU and is equipped with 1,000 reefer plugs.The Polar Ecuador is deployed in Hamburg Süd’s North Europe – Mexico/Caribbean service (EMCS)…

09 May 2019

Finland-Norway Rail Link for Arctic Sea Route

A Finnish company said on Thursday it planned to develop a railway connection between north Finland and Norway's Kirkenes port to link with potential Arctic shipping routes at an estimated cost of between 3-5 billion euros ($3.4-5.6 billion).Global warming has reduced ice coverage in the Arctic, opening up the possibility of new and shorter shipping lanes between north Europe and Asia, though control of routes is disputed.Finland's Finest Bay Area Development said it had signed a memorandum of understanding with Norway's Sør-Varanger Utvikling to investigate how to build a railway and its impact on the environment, society and the economy."An Arctic railway would connect Finland to the Northeast Passage," Kustaa Valtonen, a director at Finest Bay Area Development, said in a statement.

09 May 2019

Ocean Alliance Maiden call at Hamburg Port

Image: Hafen Hamburg Marketing

The first container-ship in the new Asia service Loop 7 - the Taurus,  14.424 TEU, belonging to the Ocean Alliance - has berthed in the Port of Hamburg.Port of Hamburg said that this service is part of the new Day 3 Product, with which the Alliance consisting of CMA CGM, Cosco, Evergreen and OOCL is entering its third year.With DAY 3, the Ocean Alliance has 330 containerships in 38 services, increasing its transport capacity to 3.8 million TEU. With Loop 7, six out of seven Ocean…

29 Apr 2019

Hamburg Süd Christens “Polar Mexico”

“Polar Mexico” (Photo: Hamburg Süd)

Hamburg Süd christened the “Polar Mexico” container ship in the Mexican port of Veracruz on the weekend.The sponsor of the “Polar Mexico” is Claudia Dávila, wife of Carlos Ayala, Logistics and Distribution Director of Alpek Polyester, which is a subsidiary of the Alfa Group, one of the largest corporate groups in Mexico.The Mexican economy is strong in the fruit sector as well as in other industries with high import and export volumes, such as automobile manufacturing, chemicals and brewing.

22 Apr 2019

KR, Oldendorff, GSR Pact for IHM Certification

Pic: Oldendorff Carriers

The Korean Register (KR) of Shipping has entered into an agreement with the  dry bulk shipping company Oldendorff Carriers and GSR Services for the development and certification of Inventory of Hazardous Materials (IHM) for Oldendorff's fleet for meeting tight EU - deadlines.The classification society reminded in a press release that from the end of 2020 onwards, the EU-Ship Recycling Regulation requires that all EU-visiting or EU-flagged ships have a certified IHM on board. With 30…

03 Apr 2019

CMA CGM Bundles Multimodal Transport

Image: Hafen Hamburg Marketing

The CMA CGM Group announced that its intra-European multimodal transport subsidiaries Containerships and MacAndrews have united under the single Containerships brand.Together, Containerships and MacAndrews operate a fleet of 32 vessels and 700 trucks, calling 64 ports through 26 maritime services and 8 inland services.The single Containerships brand resulting from their union will be able to unlock major synergies and to focus on commercial growth and on the development of high-quality services for its customers.In addition…

01 Apr 2019

St. Petersburg Terminal Adds Kalmar Fleet

Pic: Cargotec

Kalmar, part of Cargotec, is to supply a total of 16 terminal tractors to long-standing customer Container Terminal Saint-Petersburg CJSC (CTSP, part of UCL Holding).According to a press release, the order was booked in Cargotec's 2019 Q1 order intake, with delivery of the machines to take place during Q3 of 2019. Located in the Big port of St. Petersburg, Russia, CTSP specialises in handling all types of containerised cargo at its modern facilities, which include an automated control system that enables high-speed container handling on ship…

12 Mar 2019

CMA CGM Upgrades NEMO service

Photo: CMA CGM Group

Shipping group CMA CGM has reinforced its Europe / Indian Ocean & Australia offering by upgrading its NEMO service, which liaises North Europe and the Mediterranean to the Indian Ocean Islands and Australia on the southbound leg and Australia to southeast Asia and Europe on the northbound leg.This upgraded service will be effective in September 2019 and operated in partnership with MSC, subject to applicable filing requirements.CMA CGM said the new offer will feature an upgraded fleet and provide expanded port coverage through a better utilization of hubs offering dedicated feeder services.

26 Feb 2019

Mega Ships Affect Freight Rates: Xeneta

Image: Robyn Beck / AFP/Getty Images, by Xeneta

Short-term container rates on the China Main ports to North Europe Main ports have seen a slight drop since the beginning of the year. However, compared to Spring and Autumn 2018, overall the industry sees an increase, said a report from Xeneta, the ocean freight price benchmarking and market intelligence platform transforming the shipping and logistics industry.Xeneta reports rates on the up, with February 7, 2019 ticking in at USD1700 market average rate for a 40' box. Also, bunker prices are not as outrageous as before.

19 Feb 2019

Oldendorff Readies for Ship Recycling Regs

Image: Oldendorff Carriers

The dry bulk operator Oldendorff Carriers has entered into an agreement with GSR Services and Korean Register (KR) for the development and certification of Inventory of Hazardous Materials (IHM) for their fleet for meeting tight EU - deadlines.From the end of 2020 onwards, the EU-Ship Recycling Regulation requires that all EU-visiting or EU-flagged ships have a certified IHM on board. With 30,000 to 40,000 ships being affected, IHM-Expert resources are expected to become scarce in the near future.Nils-Ole Vollmer…

17 Jan 2019

CMA CGM Unifies Containerships and MacAndrews Brands

 Image: MacAndrews

CMA CGM will retain the only Containerships brand for its intra-European operations, giving up MacAndrews, which had already erased OPDR."Containerships: from April 1st, 2019 a single brand resulting from the union of two experts of intra-European transport CMA CGM reinforces its strategy aimed at densifying its regional coverage to the benefit of its clients," said a press release from MacAndrews.According to the French container transportation and shipping company, by joining the forces of two recognized experts of intra-European multimodal transport…

16 Jan 2019

Ocean Alliance Unveils Day 3 Product

Pic: CMA CGM

The world’s largest operational agreement between shipping companies Ocean Alliance -CMA CGM, COSCO SHIPPING, Evergreen and OOCL - has announced the launch of their Ocean Alliance Day 3 Product starting April 2019."Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, signs with his partners the launch of Ocean Alliance Day 3 Product, which will start in April 2019," said a press release from the shipping group.On the occasion of this announcement, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group…

15 Jan 2019

Shipbuilding: Synergy's New 20,000+ TEU Containership

Captain Rajesh Unni (Photo: Synergy Group)

Synergy Group took delivery of Ever Gifted, an Ultra Large Container Vessel (ULCV) newbuilding built in Japan at Imabari Shipbuilding.Currently under Synergy’s technical management on Evergreen Line’s popular Far East-North Europe and Mediterranean service, the 20,000+ TEU capacity ULCV is one of the largest container ships in service worldwide.Captain Rajesh Unni, CEO and Founder of Singapore-headquartered Synergy Group said: “The Ever Gifted is one of the highest capacity container ships currently in service.

10 Jan 2019

CMA CGM's First Vessel Dedicated to the French West Indies Delivered

CMA CGM Fort de France (Photo: CMA CGM)

The CMA CGM Group has announced it has taken delivery of the CMA CGM Fort de France, the first of an order for four container ships dedicated to the French West Indies.With a capacity of 3,500 TEUs (Twenty-foot equivalent units) and a length of 219 meters, the CMA CGM Fort de France stands out by its draft which is adapted to the West Indies ports. It is also equipped with a large number of plugs for refrigerated containers (“Reefers”) which allow the transport in optimal conditions of perishable goods such as bananas…

31 Oct 2018

Wärtsilä Acquires Burriel Navarro

(Photo: Wärtsilä)

Technology group Wärtsilä said it has acquired Spanish underwater services provider Burriel Navarro, S.L.Burriel Navarro, which performs a range of underwater work, including inspection, repair and hull cleaning from Spain's main ports, will be part of Trident, a company Wärtsilä acquired in early 2018.Wärtsilä said the Burriel Navarro acquisition further supports the growth of its underwater services and expands the company’s local presence in the European market – from developing…

25 Oct 2018

EU Okays CMA CGM’s takeover of Containerships

Pic: Containerships

European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.CMA CGM, the world’s fourth largest carrier by capacity, agreed in June to acquire Finland-based Containerships and its logistics operations."A combination agreement between Container Finance Ltd Oy and CMA CGM, signed on 20th June 2018, has been accepted unconditionally by all relevant competition authorities meaning CMA CGM is free to take over short sea carrier Containerships…

28 Sep 2018

Hyundai Merchant Marine to Spend $2.8 Bln on 20 Containerships

(File photo: Hyundai Merchant Marine)

South Korea's largest shipping line Hyundai Merchant Marine (HMM) said it will invest 3.153 trillion won ($2.84 billion) for 20 new large containerships to be delivered by June 2021.In June this year, the company signed letters of intent for ship orders with South Korea's top three shipbuilders Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries.DSME and Samsung will build seven and five 23,000 TEU vessels respectively, which are expected to deliver in the second quarter of 2020.

25 Sep 2018

GSF Condemns Maersk's Sulphur Surcharge

Image: Global Shippers Forum

The Global Shippers Forum has reacted with suspicion to the announcement by the Maersk container shipping line of new fuel surcharge arrangements from 1 January 2019 to recover presumed costs from the introduction of low-sulphur marine fuel from 1 January 2020.Based on the information released by Maersk, the new charges, which are additional to agreed contract rates, are based on two factors - an average cost of fuel and a ‘trade factor’ that upscales the costs on head trades and discounts the fuel cost on reverse trades.

19 Sep 2018

British International Freight Association Fumes Over Sulphur Surcharge

Robert Keen. Photo: Official Twitter page

The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has described the container shipping industry’s recent imposition of a ‘sulphur surcharge’ as unjustified and blatant profiteering.It follows an announcement by Danish giant AP Moller Maersk that it is introducing a new bunker adjustment factor (BAF) surcharge on 1 January 2019, a full year ahead of the global sulphur cap on marine emissions which enters into force on 1 January 2020.According to the shipowner…

08 Aug 2018

Peak Season Promises Better Box Freight Rates -MSI

© VanderWolf Images / Adobe Stock

After a pattern of divergence at the start of the year, July saw a modest realignment between charter and freight markets as liner operators react to cost pressures and the wider industry awaits the impact of the potential trade war between the U.S. and China, according to the latest Container Shipping Forecaster from MSI.Following an impressive run since the end of 2017, timecharter earnings have leveled off in recent weeks, a slowdown that began with smaller feeder vessels and has now spread to larger units.

25 Jun 2018

CMA CGM Founder Jacques Saade Dies at 81

Jacques Saade, founder, CMA CGM. Copyright REA

Mr. Jacques R. Saade, founding president of the CMA CGM Group, died on June 24, 2018 at the age of 81, according to the company. Jacques R. Saadé dedicated his life to CMA CGM. An extraordinary visionary and entrepreneur, he made the group into a world leader in the maritime transport of containers, developing the company in more than 160 countries, while maintaining the family dimension with its values. After having left Lebanon to protect his family for Civil War, Jacques R Saadé founded the Compagnie Maritime d’Affretement (CMA) 40 years ago…

11 Jun 2018

Container Shipping a 'Mixed Bag' - Drewry

© Stockninja / Adobe Stock

South Asia container trade with Europe continues to outpace the Middle East, says Drewry in its Container Insight Weekly report.Container shipments in the combined eastbound Europe to the Middle East and South Asia trade performed well in the first quarter, rising by 5.2 percent year-on-year according to Container Trade Statistics. However, that aggregate rate hides two very different performances by the two destinations. CTS reports that inbound traffic to South Asia soared by 18 percent in 1Q18 to reach approximately 410…

31 May 2018

DNV GL Completes Due Diligence of Dutch Windpark Spui

Photo: DNV GL

DNV GL, the world’s largest resource of independent energy experts and certification body, has successfully completed comprehensive due diligence of the Dutch Windpark Spui, for a group of lenders who are providing the debt financing for the project. The power generated at Windpark Spui, which will supply renewable electricity to more than 24,000 households, will be sold to Eneco Group, a Dutch sustainable energy company, under a 16-year power purchase agreement. Eurus Energy…

Maritime Reporter Magazine Cover May 2019 - Propulsion Annual - Green Marine Tech

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News