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Port of Gothenburg invests

Written by Abdelmonem Achour on . Posted in Maritime news

A new logistics park is in the early stages of build directly beside Sweden’s Port of Gothenburg. One million square metres in size, the park is expected to generate more than 2,000 jobs and address a shortage of land for logistics and distribution close to the port.

To address this need, a one million square metre park is the process of being created – the Port of Gothenburg Logistics Park. Half of the area will be transformed into storage and logistics properties over the next few years.
“This is an enormous investment and a golden opportunity for every company looking to establish a warehouse directly beside the largest port in Scandinavia,” said Magnus Kårestedt, Port of Gothenburg Chief Executive.

Divers Start Inspecting Sewol Wreck

Written by Abdelmonem Achour on . Posted in Maritime news

Salvage experts of the consortium of companies led by China’s state-run Shanghai Salvage Co started the underwater inspection of the sunken Sewol ferry on Wednesday.

The salvage operation is aimed at eventual lifting of the ferry, which sank on April 16, 2014 off Jindo Island, killing 304 people, with nine more people still missing.

Hapag-Lloyd Invests Big in Reefer Containers

Written by Abdelmonem Achour on . Posted in Maritime news

German liner company Hapag-Lloyd has ordered 6,000 (12,000 TEU) of the latest generation of reefer containers, the largest reefer order in Hapag-Lloyd’s history.

“We operate a state-of-the-art reefer fleet that is the fourth-largest in the world. With the new reefers, we are expanding our leading position even further in this specialised business with its specific demands and will thus benefit from the growing reefer market,” says Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd AG.

Drama on Board Liberian-Flagged Cargo Ship

Written by Abdelmonem Achour on . Posted in Maritime news

A dramatic incident was reported on board a Liberian flagged-cargo ship yesterday while sailing off Sesimbra, Portugal after one of its crew members turned against his crew, threatening to set the ship on fire.

Portuguese Navy informed that its special forces boarded the ship following acts of violence of a Turkish crew member against the all Turkish crew, who together with the ship’s officers took refuge on the ship’s bridge from where they sent a distress signal.

Drewry: New Suez Canal Revenue Projections Unfounded

Written by Abdelmonem Achour on . Posted in Maritime news

The recently inaugurated New Suez Canal will improve capacity, transit times and reduce delays, not least because it will likely be used by far fewer vessels than expected by its sponsors, according to Drewry Shipping Consultants.

The Suez Canal Authority (SCA) estimates that 8% of the world’s maritime traffic passes through its canal and believes that more will come now that a second passage has been added. It expects the New Suez Canal will help to nearly double the average number of vessels transiting per day from 49 to 97 and more than double the revenue to USD 13.2 billion within 10 years.