Switzerland News

03 Nov 2019

Steel Cut for 1st LNG-fueled Ship in France

Photo: Chantiers de l’Atlantique

MSC Cruises, a global cruise line registered in Switzerland and based in Geneva, has held a steel-cutting ceremony for its first new-generation World-Class ship at the Chantiers de l'Atlantique shipyard in Saint-Nazaire, France.The first of five liquefied natural gas (LNG) powered cruise ships on order, MSC Europa is the first LNG ship to be built in France.On the occasion of the cutting of the first steel ceremony held in Saint-Nazaire, MSC and Chantiers de l’Atlantique unveiled…

06 Oct 2019

North Sea Port Connects to 12 New Destinations

Image: North Sea Port

North Sea Port and Lineas are joining forces to increase efficiency with 12 new rail connections to the European hinterland.According to a press note from the cross-border port that consolidates the port areas of Vlissingen, Terneuzen and Ghent, this is a significant expansion of the volume of rail transport from the port.A new rail connection between Interface Terminal Ghent and the Lineas Main Hub in Antwerp allows goods to be shipped via the international rail network of Lineas.The 12 new destinations are Madrid…

23 Sep 2019

K+N to be CO2 Neutral for Shipments

Pic: Kuehne + Nagel

Switzerland-based global transport and logistics company Kuehne + Nagel International AG has launched a Net Zero Carbon program that will aim to reduce the environmental impact of supply chains.In addition to the continuous reduction of its own CO2 emissions, the company now offers its customers solutions for reducing the CO2 footprint of their supply chain. With the use of big data and new digital platforms, the selection of transport routes and modes can be optimized from a…

17 Sep 2019

NYK in ESG Index for 17th Year in a Row

 Pic: NYK

Japan's shipping giant Nippon Yusen Kaisha (NYK) has been selected for the Dow Jones Sustainability Indices (DJSI), the world's leading investment indexes for ESG (environmental, social, and governance) criteria, for a 17th straight year.The DJSI, which is a major global index for companies engaging in ESG initiatives, is composed of selected sustainability-driven companies from over 3,500 worldwide companies invited to participate in a selection process consisting of an in-depth analysis of economic…

13 Sep 2019

Shore Power Market to Reach $2.7Bln by 2024

Pic: Siemens

The global shore power market is estimated to be valued at USD 1.4 billion in 2019 and is projected to reach USD 2.7 billion by 2024, at a CAGR of 13.3% during the forecast period.Reduction of low-frequency noise and emissions at ports, a growing number of cruise liners in the shipping industry, and installation of retrofit shore power systems have increased the demand for a shore power system, said a report by ResearchAndMarkets.However, huge installation & maintenance costs…

19 Aug 2019

Iran Tanker Released, Sets Sail for Greece

The newly renamed Adrian Darya 1, in a file image under its previous name of Grace 1. CREDIT: MarineTraffic.com

An Iranian tanker sailed through the Mediterranean towards Greece on Monday after it was released from detention off Gibraltar, and Tehran said that any at U.S. move to seize the vessel again would have "heavy consequences".The Grace 1, renamed the Adrian Darya 1, left anchorage off Gibraltar about 11 p.m. (2100 GMT) on Sunday. Refinitiv ship tracking data showed on Monday that the vessel was heading to Kalamata in Greece and was scheduled to arrive next Sunday at 0000 GMT.The…

16 Aug 2019

SHI Thrusts on Smart Ship Technology

Pic: Samsung Heavy Industries

South Korean shipbuilding giant Samsung Heavy Industries (SHI) has pushed ahead with advancing smart ship technology thanks to joint work with global equipment producers on SVESSEL, a smart ship system independently developed by Samsung.Yesterday (August 16) SHI signed an MOU with the German-based global company specializing in engine technology MAN-ES for collaboration on smart ship technology development.The MOU mainly aims at enhancing operating services of main marine engines by applying the engine diagnosis and high-tech control technology of MAN-ES to SVESSEL…

16 Aug 2019

World’s Largest Electric Ferry Completes Maiden Voyage

Image: Leclanché

E-ferry Ellen, the world's largest all-electric ferry,  made its first commercial trip connecting the ports of Søby and Fynshav (Denmark).Switzerland-based battery system provider Leclanché SA has powered the vessel, capable of carrying approximately 30 vehicles and 200 passengers,  with a capacity of 4.3MWh.Participating in this event celebrating the first scheduled ferry service between the two Danish islands were the respective mayors of the two municipalities, Ole Wej Petersen of Aerø and Erik Lauritzen of Søndeborg.E-ferry Ellen is expected to be fully operational within a few weeks.

12 Jul 2019

Rhine water levels hit 2-month low

File Image: Cargo movement along an inland waterway in Germany (CREDIT: AdobeStock / 
 © digitalstock

Water levels along the Rhine river, a key waterway for transporting commodities and other products from coastal areas to inland locations in France, Germany and Switzerland, fell to their lowest since May 21, Refinitiv Eikon data showed.Levels at the Kaub <WL-KAUB> location in Germany hit 201 centimetres and have been steadily declining since late June, the data showed.Oil barge brokers said the low water levels meant barges were leaving the Amsterdam-Rotterdam-Antwerp refining and storage hub to inland locations not fully laden.Water levels along the river hit a record low of 25 cm in October

08 Jul 2019

APM Terminals Opens Vado Gateway

Vado Gateway Terminal. Pic: APM Terminals

APM Terminals has confirmed that its new Vado Gateway terminal, located in the Vado Ligure Port Complex, North Western Italy, will be inaugurated on 12 December this year.With the placement of the terminal’s last caisson this week - an important milestone in the build - the commercial team have been actively engaging with the market. The launch commenced with an event at the Genoa Aquarium last month.Future services offered by the terminal were presented to key managers from the main Maritime Companies and Shipping Houses operating in the Italian market.Once operational…

14 Jun 2019

Analysis: Strait of Hormuz and the Risk of Escalation

© Peter Hermes Furian/Adobe Stock

The Strait of Hormuz, the narrow shipping lane between Iran and Oman named after the fabulously wealthy ancient kingdom of Ormus, has fascinated oil traders since the Iranian revolution in 1979. Iran has periodically threatened to close the strait to enemy shipping, while the United States and its allies have pledged to keep it open and maintain freedom of navigation, by force if necessary.The strait has become a symbolic flashpoint in the region-wide confrontation and indirect…

14 Jun 2019

COFCO in Talks to Buy Stake in Russian Port Grain Terminal

© Budimir Jevtic / Adobe Stock

Top Chinese grain trader COFCO is in talks about buying a shareholding in a grain export terminal in the Russian port of Novorossiysk as part of its expansion in Europe, sources said on Friday.COFCO is understood to be in talks about buying a shareholding of about 25% in the KSK deep water grain terminal in Novorossiysk, three sources said.Talks are being held with the terminal owner, Russian company Deloports Ltd. Deloports declined comment.The COFCO group in China was unavailable for immediate comment.

27 May 2019

Nieuw Statendam's Maiden Call at Kiel Port

Nieuw Statendam in Kiel / Photo: PORT OF KIEL

The latest newbuilding of Holland America Line’s fleet (HAL) “Nieuw Statendam” arrived in the Port of Kiel from Stockholm for its maiden call in the last week, on Thursday morning (23rd May).During the on-board reception, the Managing Director of the Port of Kiel , Dr Dirk Claus, welcomed the ship’s Captain to the State Capital City of Schleswig Holstein and presented him with the handmade plaque for the vessel’s maiden call manufactured by the metal artist Patrick Schloßer.Dirk…

13 May 2019

Geoquip Marine Names Laloe as Director

Image: Geoquip Marine

Switzerland-headquartered  geotechnical engineering and offshore drilling company Geoquip Marine has announced the appointment of industry veteran Jean-Luc Laloe to its Board of Directors.Jean-Luc, who has almost 40 years of experience in the offshore oil and gas industry, has joined as an independent non-Executive Director.Jean-Luc originally entered the Offshore Engineering and Construction industry in 1980 and in the course of his career he has worked with Technip, Stolt Offshore, and Acergy /Subsea 7.

03 May 2019

MSC Hikes Stake in Terminal Investment

Pic: Terminal Investment Ltd

MSC Mediterranean Shipping Company, the world's second-largest shipping line in terms of container vessel capacity, SA announced that it is increasing its majority stake in the container terminal operator Terminal Investment Ltd (TiL) to 60%, following a deal with Global Infrastructure Partners (GIP) and other co-investors.MSC also welcomes a new partner to the shareholding of TiL after Global Investment Corporation (GIP), a Singaporean Sovereign Wealth Fund, acquired a 10% stake in TiL from GIP and other existing co-investors.New York-based GIP…

23 Apr 2019

HMM to Enhance Global On-site Management

Jae-hoon Bae, President & CEO of HMM. Photo: HMM

The new head of South Korean flag carrier Hyundai Merchant Marine (HMM) Jae-hoon Bae is on a charm-offensive trip to Europe to cement the shipping line's relations with global majors.HMM said Bae, who became HMM's president and chief executive last month, will meet this week with executives at A.P. Moller-Maersk A/S and Mediterranean Shipping Co.First of all, Bae plans to visit the European headquarter of HMM, located in London, to encourage its employees and make sales strategies based on the character of each region after gathering the various opinions from the site.Furthermore…

23 Apr 2019

World Navies: Taiwan develops indigenous combat capabilities

ROCS Yueh Fei (PFG-1106) is one of the ROCN’s surface combatants.  It was built in Taiwan to the U.S. Navy’s Oliver Hazard Perry guided missile frigate design. (ROCN photo)

Navies operate on a spectrum between deterrence and defense, to include offensive operation, support of foreign policy, and power projection to civil affair and humanitarian assistance and disaster response. Many have constabulary responsibilities, and it could be argued that, with the exception of the largest navies, most are more like a coast guard than a military force in their normal responsibilities.Every Navy is different. Yes, they all share similar challenges of acquisition…

05 Apr 2019

PSA Group Appoints Peter Voser as Chairman

Peter Voser. Photo: PSA International

PSA International, one of the world's largest port operators, announced that  Peter Voser, currently Deputy Chairman, is taking on the role of Group Chairman of the PSA Board.Fock Siew Wah stepped down as Group Chairman on 1 April 2019, and will assume the role of Special Advisor to PSA until his retirement on 31 July 2019.As one of PSA’s longest serving Chairmen, Fock has steered PSA with visionary leadership and strategic foresight since August 2005. With his astute guidance…

19 Mar 2019

Fakes Make Up 3.3% of Global Trade

Image: Organisation for Economic Co-operation and Development

Trade in counterfeit and pirated goods, mostly originated in China, has risen steadily, posing a major challenge in an innovation-driven global economy, revealed a new study.Trade in counterfeit and pirated goods has risen steadily in the last few years – even as overall trade volumes stagnated – and now stands at 3.3% of global trade, according to a new report by the Organisation for Economic Co-operation and Development (OECD) and the EU’s Intellectual Property Office.Trends…

05 Mar 2019

Cavotec Wins Automated Mooring Order

Image: Cavotec

Marine engineering specialists Cavotec has announced it has has signed an agreement with a port operator to equip two berths at a terminal with MoorMaster automated mooring systems.The Switzerland-based global engineering group said in a press note that it will design, supply and commission the MoorMaster automated mooring systems for the two berths. Deliveries are scheduled to start in 2019, with the systems entering service in 2020.The order value amounts to approximately EUR 10.3 million…

05 Mar 2019

DFDS CEO Steps Down

(L-R) Niels Smedegaard, Torben Carlsen. Photos: DFDS

Danish international shipping and logistics company DFDS said that Niels Smedegaard, longtime CEO, will step down by the end of April. Current CFO Torben Carlsen will take over as new CEO.In close partnership with Niels Smedegaard, Torben Carlsen has been in-strumental in making DFDS a larger, stronger and more profitable company and will thus contribute to ensuring continuity in the development and op-eration of the company.Niels Smedegaard has been CEO of DFDS since 1 January 2007.Niels said: “My time at DFDS has been a fantastic journey…

15 Jan 2019

Offshore Wind Market Expected to Reach $50 bln by 2023

Image: Siemens

The global offshore wind energy market is poised to grow over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023.The growth in this sector can be attributed to the increasing demand for clean and reliable energy in order to reduce the global carbon emissions and to maintain ecological balance by generating electricity through renewable resources, said a report by Market Research Future.However, high initiating capital cost of the projects with high maintenance cost and logistics issues, can hinder the offshore wind market.

14 Jan 2019

MSC Cruises Begins First Round the World Relay Race at Sea

 Image:  MSC Cruises

The Swiss-based cruise company MSC Cruises  has waved ‘bon voyage’ to MSC Magnifica as the final guests embarked today in Barcelona for the Company’s first world cruise.For many, the idea of seeing the world is just a dream, but a world cruise is an easy way to make this dream a reality, and the only way to circumnavigate the globe without having to unpack a suitcase more than once! On this first world cruise, MSC Cruises guests will visit 49 different destinations, checking off 32 countries from their bucket lists.From the Mediterranean…

Maritime Reporter Magazine Cover Nov 2019 - Workboat Edition

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.

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