Europe News

COSCO, Hamburg Süd and Maersk to speak at TOC Americas 2014

TOC Events has announced the participation of three senior liner shipping executives as key speakers at the upcoming 14th TOC Americas event this October 14-16. Robbert van Trooijen, CEO, Latin America and Caribbean for Maersk Line, Poul Hestbaek, SVP Latin America West Coast & Caribbean at Hamburg Süd and Howard Finkel…

Migrants die in shipwreck off Libya

TRIPOLI - Italian sailors have recovered 10 bodies of migrants after a rubber dinghy sank off the Libyan coast, Italy's navy said on Saturday.Thirty-nine migrants were rescued after the vessel sank Friday some 40 nautical miles from the Libyan coast, the navy said, adding that the search for survivors continued on Saturday.The…

Cruise lines compete for surging market in Asia and Australia

The announcement that Royal Caribbean will leave New Orleans in 2015 came as a surprise to many cruise line watchers. But the move was also part of an industry-wide trend, one that seeks to capitalize on emerging cruise markets overseas. And in 2014, no other markets show as much promise as Asia and Australia.Janet Diaz…

Evolution or revolution? - HOIST magazine

The increased use of electronic monitoring for operational safety and maintenance is just one trend in brakes.At the same time, complex digital control and monitoring systems are developing apace, and the use of sophisticated finite element design analysis and multi-dimensional computer design tools is now standard for…

Asian maritime conference offers international idea exchange

A large meeting platform for the worldwide maritime community, INMEX China draws together key players from across China and Asia. Hosted bi-annually, the event boosts discussions and idea exchanges in areas such as shipbuilding and repairing, offshore oil, marine engineering and ports.INMEX China 2014 will be held on 10th-12th December 2014 at Poly World Trade Expo Centre…
Image courtesy of Gazprom

Long-Distance Black Sea Gas Pipeline: Project Update

Gazprom board members at the South Stream Transport B.V. joint company in Amsterdam noted significant progress in the project. Approval was given for the signing of pipe supply contracts for the first of 4 lines of the 931-kilometer offshore gas pipeline & a mandate to complete the negotiations on the pipe laying work was given.

Bel-Ray Appoints New Sales Representative

Bel-Ray Company Inc. announced that it has appointed the Yellow Marine Consultancy for sales representation in Europe, South Africa and the Middle East. For more than 60 years, the Bel-Ray Company has produced high performance marine lubricants for everyone from the United States Navy to the largest manufacturers of outboard marine engines.

Heidmar Names van der Zijde CEO

The Board of Directors of Heidmar has announced the appointment of Hans van der Zijde as Heidmar's new Chief Executive Officer. Mr. van der Zijde graduated from the Nautical Academy of Rotterdam in 1985 and subsequently studied Maritime and Logistic Management there, graduating in 1992. Mr. van der Zijde has worked for and held management positions in leading shipping companies in Europe…
Kike Calvo via AP Images

Coast Guard Reports No Sign of “Ghost Ship”

Global newswires are flooded with reports that an abandoned cruise vessel, Russian-registered Lyubov Orlova, dubbed the “rat-infested ghost ship,” is nearing the western shores of Europe after being set adrift early last year. The vessel has reportedly been drifting in the Atlantic Ocean since it was cut free while in tow…

Vulkan RATO for Submarine Test Rig

For decades, Vulkan  has been a supplier of couplings, not only for Brazilian offshore industry, but also for military applications. Here business mainly focused on conventional drives such as diesel-electric systems for military ships and submarines. Now Vulkan is positioning itself on the Brazilian market as a system…
Image: CMA CGM

CMA CGM Launches New Feeder Line

The CMA CGM Group is expanding its service opportunities in Southern Africa with the launch of the new Rhino Express feeder. The Rhino Express reinforces the Group’s service to Mozambique through an extended coverage of five ports in Mozambique, including two new ports: Quelimane and Pemba, the development of cabotage in Mozambique…

Global Clean Energy Investments Fall Again

Clean Energy Pipeline, the online daily financial news and data service dedicated to the clean energy sector, released its preliminary analysis of venture capital, private equity, project finance, mergers and acquisitions and public markets activity during 4Q13 and 2013. New investment in the global clean energy sector totalled $58.2 billion in 4Q13…

SRP Wins Drilling Riser Contract for Moho Nord

Subsea Riser Products (SRP), an Acteon company, has won a multimillion pound contract with Total to supply a 3,500-psi drilling riser and deployment tooling for the Moho Nord project in The Republic of the Congo. This is the first time that Total, an oil and gas super-major, has awarded SRP a direct contract. The scope…
Offshore wind farm: File photo

Global Offshore Wind Services Insights: New Strategic Review

The Danish Shipowners’ Association has released the strategic review it commissioned from Navigant Consulting in order to gain a comprehensive insight into the global offshore wind industry. The strategic review maps all active and prospective ships in the offshore wind industry; identifies and profiles all key players in the sector…

MacAndrews Purchase 25% Share in Progeco Bilbao

Following on last investment earlier in 2013 in the Rail Terminal in Murcia and the launching of the first Reefer Block Train operated in Spain linking Murcia with the Port of Bilbao two times per week, MacAndrews, a door to door Intermodal operator in Europe 100% subsidiary of CMA-CGM Group, have completed the purchase of a 25% share in Progeco Bilbao, SA, becoming its main shareholder.
Source: Drewry Maritime Research

Big Carriers Reduce North-South Options

Maritime research company, Drewry, said in this week’s container insight report that it is not just on the East-West routes that big container lines are consolidating, but consortia have also been expanding in North-South tradelanes, thereby reducing the number of weekly services available to shippers. Hapag-Lloyd’s recent…
Sebastiaan Moolenaar

AKD: Shipping to Benefit from EU Debt Recovery Proposal

Rotterdam-based law firm AKD says shipping and international trade and logistics operators should welcome a recent decision by European Justice Ministers which will improve their chances of successfully recovering money owed to them by trading partners in EU countries by effectively opening the door to the Europe-wide freezing of bank accounts.

The Rise of the Work-class ROV Market

In the latest edition of its World ROV Operations Market Forecast, Douglas-Westwood (DW) expect annual expenditure on work-class ROV operations to increase from $1.6B in 2013 to $2.4B in 2017, a compound annual growth rate (CAGR) of 11.3%. The market is expected to total $9.7B over the period, a growth of 79% over the previous five years.
Maersk Line in the Panama Canal (Source: A.P. Moller - Maersk)

Maersk's New Americas Company, SeaLand, to Commence in 2015

Ocean transportation company Maersk Line, a unit of the A.P. Moller-Maersk Group, announced today the formation of a regional, containerized shipping company – SeaLand - dedicated to the intra-Americas market. The new affiliate will have a structure similar to Maersk's other regional carriers such as intra-Asia carrier MCC Transport and intra-Europe carrier Seago Line.

A Closer Look at Dynamic Navigation for High Speed Craft

FRC International launched the innovative ‘DYNAV’ dynamic navigation system for high speed craft at Chalmers University of Technology in Gothenburg, Sweden in October. The DYNAV launch event enabled attendees from Scandinavia and Europe to come together with the objective of improving seafarer safety, operational performance and interoperability on fast craft.