Shipping company Grimaldi has become the sole owner of the Swedish port of Wallhamn after buying Eukor Car Carriers’ 50% stake. Grimaldi’s joint-MD, Emanuele Grimaldi, said: “We are proud of what Wallhamn has become since we bought the original 50% stake. “Wallhamn is a demonstration on how private
GAC Shipping has teamed up with Agorà Worldwide Shipping Agencies to provide ship agency services in Italy, under GAC-Agorà. GAC global hub services general manager Tom Bjorklund said the partnership would improve its port coverage. “To serve Italian principals, it is vital to have strong nationwide
Deepsea shipping lines CMA CGM and CSCL have joined forces to deploy larger vessels on Asia-Middle East services. The CMA CGM Cimex and CSCL Ama services, which featured vessels of 3,000-5,700teu, will be replaced on 8 July by a joint Cimex product offering additional port calls using six 8,500teu v
In early April, the British Wind Energy Association (BWEA) was asking the government of the United Kingdom for intervention to help the country’s renewable energy prospects, warning that the global economic crisis was putting projects, particularly offshore wind projects, at risk. The trade body’s p
The lawlessness of Somalia has spread fear and panic to one of the world’s smallest and most isolated nations, tiny Tuvalu, that sits in the South Pacific Ocean near the International Date Line. Eleven Tuvaluan seamen aboard the German cargo ship the Hansa Stavanger were abducted when Somali pirates
The rejection of the European Shippers Council of the Rotterdam Rules is not shared by the Dutch and American shippers. The American NIT reproaches the ESC ‘lack of insight’ in the new system which is taken all things together in fact more favourable to shippers. The Dutch EVO does not agree with th
Russian oil company Lukoil has bought a 45% stake in the joint venture Total Refinery Netherlands in Flushing, for about $725m. TRN is one of the ten refineries supplied via the Port of Rotterdam, handling some 100 million tons of crude oil in total per year. Total is also a shareholder in the Rotte
A small oil discovery has been made by StatoilHydro in the Titan prospect directly east of northern Visund in the Tampen area of the Norwegian North Sea. Made by exploration wells 34/8-13 A and 34/8-13 S, this strike is estimated to contain 5.6-12.5 million recoverable barrels of oil equivalent. A t
The heavy ice strengthening of hulls, upgrading of equipment and components, and requirements to minimize emissions and improve icebreaking capabilities must be implemented in order to establish regular year-round trans-Arctic containership operations. DNV has carried out a feasibility study to eval
AMELS announces the addition of an all-new model to its highly successful LIMITED EDITIONS range. The AMELS 199 is designed with bold originality by Tim Heywood, with flexible interior styling by Nuvolari Lenard. At 1,045 Gross Tons, the AMELS 199 sets a new standard for superyacht owners who wish t
State-owned companies and some government bodies are to blame for many illegal sea reclamation projects, a senior official from the State Oceanic Administration has said. “Sixty-one of the 62 illegal cases last year were conducted by governments and port holdings,” said Liu Xincheng, vice-director o
The new commander of the European Union’s anti-piracy naval operation has told the BBC that piracy can only be solved diplomatically – not at sea. Rear Adm Peter Hudson’s comments come on the day a Dutch cargo ship was released after being held by Somali pirates since early May. One Ukrainian sailor
Oman’s minister of transport yesterday signed a number of contracts to develop the country’s airports. Dr Khamis bin Mubarak Al Alawi, initialed 13 agreements, collectively valued at RO 579.520 million (US $1.5 billion), according to Oman Daily Observer. An RO 18 million dredging and reclamation pac
The Dutch Defense Ministry says Somali pirates have freed a hijacked cargo ship, but one of the crew members was found dead. The ministry says pirates released the MV Marathon late Monday, 46 days after it was captured in the Gulf of Aden. The ship originally had eight crew members, all Ukrainian. T
