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north-europe

shipping

DFDS and Cobelfret enter agreement

Copenhagen - Danish international shipping and logistics company DFDS has entered into two mutual space charter agreements with the Luxembourg based freight only ferry operator CLdN Cobelfret

shipping

Maersk to lay off staff

Copenaghen - Danish shipping group Maersk MAERSKB.CO said on Thursday it would lay off staff at its main offices in Denmark and in other countries

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Ro-pax shipping company Finnlines on the rise

Helsinki - Despite the slowdown in Finnish economic growth, Finnlines is on the way to successfully ending the year. The result after three quarters is higher than in the previous yea

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Russian icebreaker makes “accidental Mayday”

Oslo/Moscow - A Russian icebreaking vessel with 33 people on board made a Mayday call during a storm off the coast of western Norway on Tuesday but Russian authorities said the distress signal had been issued by accident

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AIDA Cruises invests in fuel cells

Rostock - Aida Cruises announces it will be the “world’s first cruise company to test the use of fuel cells on a large passenger ship as part of the ‘Pa-X-ell2’ research project on board of AIDAnova.”

markets

BP CEO draws up plan to step down

London - BP Chief Executive Officer Bob Dudley is drawing up plans to step down next year, ending a tumultuous decade at the helm of the oil and gas company that swung from near collapse in 2010 to rapid growth

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Iran says detention of British tanker lifted

Dubai - Iran’s foreign ministry said a detention order on the British-flagged tanker Stena Impero was lifted on Wednesday, but added that an investigation into the vessel was ongoing

shipping

Wärtsilä launches pure gas engine

Helsinki - The technology group Wärtsilä has launched the Wärtsilä 31SG pure gas engine for marine market applications. The new technology is based on the Wärtsilä 31 product platform

shipping

Liverpool port attracts bids from overseas funds

London - Peel Ports has attracted bids for a stake of up to 25% from international funds, undeterred by worries about the country’s scheduled departure from the European Union, two sources said

shipping

Fire breaks out on tanker in Norway

Oslo - A fire onboard an oil tanker at Norway’s Sture crude export terminal broke out in the engine room of the Dubai Harmony tanker during loading at the Equinor oil terminal on Norway’s west coast

shipping

MPC and Ahrenkiel join Trident

Oslo - Norway’s MPC Container Ships and Germany’s Ahrenkiel Steamships have joined the Trident Alliance, the network of shipping companies and other stakeholders with a shared interest in effective

shipping

Liebherr invests in Hamburg

Hamburg - The Swiss multinational Liebherr, has officially opened its new service centre in Hamburg. The centre, comprising an area of 44,000 square meters in the Kuhwerder

shipping

Estonia’s Tallink grows in Singapore

Tallinn - Estonian shipping company Tallink, that operates cruise ferries and ropax ships, has announced establishing a wholly-owned subsidiary in Singapore

shipping

Maersk to produce eco-friendly fuel

Copenaghen - Maersk Oil Trading, owned by the Maersk Group, and Koole Terminals have announced the signing of an agreement to produce IMO 2020-compliant bunker fuel

shipping

UK discovers heroin haul hidden in shipment

London - Police have made the largest-ever seizure of heroin in Britain after discovering drugs with a street value of over 120 million pounds (130 million dollars) hidden in a shipment of towels and bathrobes