U.S. Oil Makes it to Ukraine, a blow to Moscow
U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil.Ukraine this month received its first ever barrels from the United States, according to Refinitiv Eikon flows data, as the tanker Wisdom Venture unloaded 80,000 tonnes of Bakken crude in Odessa on July 6 for the Kremenchug refinery,…
Scottish Offshore Wind Supply Chain Readies
International energy consultancy Xodus Group is working with Scottish Enterprise and Scottish Development International (SDI) to showcase the expertise of Scottish supply chain companies in the global offshore wind sector.The aim of the collaboration is to create a directory and gap analysis which helps Scotland-based suppliers capture a greater share of the burgeoning offshore wind market — forecast to be worth an estimated GBP 30 billion per annum by 2030 — by advertising their experience and capabilities on the new Scottish Industries Directories platform.Due to launch later in 2019…
Unifeeder Intros New Sweden-Poland Service
Sweden's Port of Gävle will be included on the rotation of the newly launched Unifeeder Sweden-Poland Service.According to Yilport Gavle, this is the first commercial feeder service ever to directly connect the Swedish east coast to Poland with a weekly service.The service will start from Gdansk and then call Gdynia, Gavle, Norrkoeping, and back to Gdansk. The first call is expected on August 12th.Yilport Nordic Region General Manager Eryn Dinyovszky said: "We are very proud to announce that we can now connect directly to Poland from Gavle.
Samskip Readies Multimodal Network
Europe's largest multimodal transport group by freight volume Samskip said it is fully prepared for a North Sea container traffic surge, as attitudes harden in the run up to October's revised Brexit deadline.The global logistics company offering transport and related services by land, sea, rail and air said in a release that UK exporters and importers to start switching away from trailers and towards containerisation very soon, repeating a trend established in the run-up to the original deadline for Brexit.“We saw a significant push in container volumes up to March 2019…
DNV GL Wins Baltic Pipe Project
The international oil & gas advisory and classification society DNV GL has won a major contract to provide independent verification services for the Danish transmission system operator Energinet’s section of the Baltic Pipe project, offshore Denmark.The Baltic Pipe project aims to enable the transport of gas from Norway from a tie-in to the existing Europipe II in the Danish North Sea to the export facility in Zealand. The pipeline in the Baltic Sea towards Poland is not included in the contract.
Paskov Terminal Completes Stage III Expansion
Advanced World Transport (AWT), a member of the PKP CARGO Group, the largest rail freight carrier in Poland and a leading rail freight carrier in the European Union, has completed stage III of The Paskov Terminal modernization in the Czech Republic.A modern intermodal transshipment point in Paskov of 70,000 m2, with the capacity of 4,800 TEU and rail tracks of 3x 270 m and 2x 375 m is situated close to industrial zones and borders with Poland and Slovakia. In the Paskov Terminal AWT offers its customers comprehensive services associated with intermodal transshipment of goods.Strategic position in the heart of Europe allows for easy and fast connection to important European ports and terminals. It is situated close to the highway and it is connected to the national railway network.
Shell Ocean Discovery XPRIZE Winner Annouced
The GEBCO NF- Alumni Team was announced as the $4 million grand prize winner of the Shell Ocean Discovery XPRIZE, a three-year global competition that challenged teams to advance deep sea technologies for autonomous and unmanned, fast and high-resolution ocean exploration. The team's winning concept includes the use of a unique unmanned surface vessel (USV) / autonomous underwater vessel (AUV) and associated combination of communications hardware and software to process and transmit data remotely.
Hutchison Ports, CN Rail to Build Terminal in Canada
Canadian Québec Port Authority (QPA) has signed a long-term commercial agreement with Hong Kong's Hutchison Ports and Canadian National Railway (CN) to build and operate a new container terminal, known as project Laurentia.The agreement increases Hutchison Ports' global network to 52 ports spanning 27 countries including the United Kingdom, Spain, Poland, Sweden, Germany, the Netherlands, Belgium, Australia, China, Pakistan, Egypt, Argentina, Mexico and Panama, said a press release.Hutchison…
Port of Hamburg Extends Project EMMA
The project partners received the approval for the EMMA Extension application by the Interreg Baltic Sea Region Programme.EMMA Extension builds on the EMMA projects’ analyses, results and recommendations, said a press release from Port of Hamburg.Enhancing inland waterway transport (IWT) still is focused on and reflected in all activities of the extension project.EMMA Extension is the logical next step in further developing IWT services in Sweden, Poland and Lithuania as well as to support the uptake of newly developed river information services (RIS) in Germany.
PSA, PFR, IFM Jointly Acquire DCT GDAŃSK
PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) managed by IFM Investors have completed the transaction to jointly acquire DCT Gdańsk, the largest container terminal in Poland.DCT Gdańsk is one of the fastest growing container ports in Europe and the only terminal in the Baltic that can serve Ultra Large Container Vessels (ULCVs) with a capacity of up to 23,000 Twenty-Foot Equivalent Units (TEUs).Container volumes…
Tanker Rates Firming Up: Frontline
The middle of the first quarter in 2019 saw tanker rates firming significantly, driven mainly by an increase in US exports, said Frontline Ltd. is the world's largest oil tanker shipping company.The tanker market pulled back in January due to OPEC production cuts and a high level of newbuilding deliveries after a strong end to 2018, it said.The market then came off primarily due to extended refinery maintenance in preparations for IMO 2020 and both new and persistent supply disruptions.Atlantic…
Damen Opens Helsinki Facility
Damen Shipyard Group has opened its first-ever office in Helsinki, Finland as part of its new venture into building large vessels for the ro-pax, cruise and offshore markets.This follows the group’s entry last year into building large vessels for the RoPax, Cruise and Offshore markets via its new Romanian yard, Damen Shipyards Mangalia.Located in a recently renovated building in central Helsinki, the The office will augment and extend Damen’s engineering capability in this market segment.Finland was selected as the location because…
W/Yachts to Market Ferretti Yachts
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.
Polsteam Gets $175mln for 34 Bulkers
Bank syndicate led by DVB Bank SE completed a $175 million financing of a 34 Bulk Carrier portfolio for Polsteam Group.Polska Żegluga Morska known as Polsteam or PŻM, is a cargo ship operator based in Szczecin, Poland. It has one of the largest route networks in the world, offering services to around 60 countries.The syndicate consisted of DVB Bank, CIT Group, Société Générale, BNP Paribas, Siemens Bank, Crédit Agricole Corporate & Investment Bank and Crédit Agricole Bank Polsk.No further details on the transaction have been revealed.DVB Bank SE…
New Swedish SIGINT Ship Launched
Sweden’s new signals intelligence (SIGINT) vessel was launched from the Nauta Shiprepair Yard in Gdynia, Poland.Outfitting and equipment installation will take place in Nauta Shiprepair Yard, after which the vessel will undergo harbour and sea trials. The ship will then sail to Saab’s shipyard in Karlskrona to complete outfitting of special systems.The launching ceremony took place in PGZ Stocznia Wojenna in Gdynia on April 17 and was attended by representatives of the Polish government…
Europe Invests $30bln in Wind in 2018
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.
Polish LNG Terminal Gets EU Grant
Poland’s LNG import terminal in Świnoujście will receive a EUR128mln grant from from the European Regional Development Fund and the Cohesion Fund to expand its regasification capacity.The European Commission said in a notification that it has approved plans to support the increase of the regasification capacity, and the development of additional functionalities of the LNG terminal in Poland.The plans were approved under EU State aid rules and would see the terminal capacity increase…
New COSCO Service Between UK, Europe, Russia
Chinese state-owned shipping and logistics services supplier company COSCO Shipping Lines announced a new COSCO feeder service from St Petersburg, Russia will begin calling at DP World Southampton."COSCO is to introduce a new weekly call at DP World Southampton, as part of a rotation including St Petersburg, Russia; Kotka, Finland; Southampton, UK; and Rotterdam, Netherlands," said a press release.The news comes after COSCO confirmed in February that DP World Southampton will be a permanent call on its feeder service.
Wagenborg Closes Geodis Project
With the m.v. Marietje Hester discharged bridge sections in Frederiksværk, Denmark, Royal Royal Wagenborg shipping in total 492 concrete segments in 44 voyages from Szczecin, Poland to Denmark and successfully closes the Geodis project.Early 2018 the project started after the Danish authorities have initiated the Fjord Link project to build a new bridge over the Roskilde fjord. The 8.2 km four-lane link will be located just south of Frederikssund.The bridge is planned to open in 2019, so the final sections of the bridge need to be in Denmark by early 2019.
National Geographic Endurance Arrives Ulstein
The first polar newbuild in the history of Lindblad Expeditions National Geographic Endurance arrived in Ulsteinvik, Norway, Tuesday after traveling nearly six days from Gydnia, Poland, where the hull was constructed.The workers at Ulstein followed closely the hull arrival of the polar expedition cruise vessel, said a press release from the shipyard situated in Ulstein Group's primary base of operations, Ulsteinvik.National Geographic Endurance is the first X-BOW polar vessel to be built at the yard.
HHLA Strengthens Intermodal Network
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.
EU Funding for Polish LNG Terminal Expansion
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.
PSA to Acquire Halterm, Penn Terminals
Singapore-headquartered port operator PSA International is all set to take over the Halterm Container Terminal in the Port of Halifax, Canada, and multipurpose Penn Terminals in Pennsylvania, USA.Both Halterm and Penn terminals are 100% owned by Macquarie Infrastructure Partner funds, a fund managed by Macquarie Infrastructure and Real Assets (MIRA). The price was not disclosed.Halterm terminal at the Port of Halifax is the largest container terminal in Eastern Canada. Penn Terminals located in Philadelphia…