Skagen aiming to become Denmarks new shipyard capital
After investing 226 million kroner into a new quay area on its waterfront, Skagen Harbour has set its targets on becoming a hub for the maritime service and shipyard industry in Denmark The investment funds will also trickle down to the harbour’s two modernised innovative shipyards Danish Yachts and Karstensens Skibsværft, according to the head of Skagens Harbour, Willy B Hansen.”There is a lot to build on here in Skagen and we have huge growth plans,” Hansen told Børsen business newspaper. “We have two larger modern shipyards that each have highly specialised niche placements in the market. And the large harbour expansion will allow much bigger ships in the harbour, thus opening up completely new markets for the shipyards and the distributors.”
Reaching out to Sass LarsenOnce the harbour expansion is completed, ships with a draught depth of up to ten metres will be able to dock along the 450m quay extensions. This will permit the shipyards to handle service and reparation tasks on tankers and transport ships over 200m long.Just yesterday, the minister of business and growth, Henrik Sass Larsen, announced that Denmark was in need of a large shipyard to create jobs and fly the Danish flag in maritime technology. It could also go a long way in saving the 50,000 Danish jobs in the national maritime equipment production industry. Skagen – which is located at the very northern tip of the Jutland peninsula – is next to one of the world’s busiest shipping corridors, the entrance to the Kattegat Strait and the Baltic Sea. Additionally, it also has Denmark’s largest fishing harbour and is home to one of the nation’s biggest shipping fleets. Source: Copenhagen Post
AIDA Cruises moved into its new office complex near the port in Rostock-Warnemunde this past week (Oct.6-10). Two hundred employees have moved so far, while there is space for 400 more after completion of the interior work.
The new AIDA Home, as the company calls it, consists of two interconnected buildings, borrowing some design elements from the ships, such as the Theatrium – an atrium in the entrance area extending into both buildings and up two floors.
In other news from the German brand, it has been awarded a German Fairness Prize after a survey by the German Institute for Service Quality and TV channel n-tv. They based their findings on more than 40,000 consumers that rated AIDA highest among 350 companies on price vs. value, including price transparency, product delivery and service.
Hutchison Whampoa To Invest $110 Mln In Top Panama Port Expansion
The Panama Ports Company (PPC), a unit of Hong Kong-based conglomerate Hutchison Whampoa Ltd, will invest about $110 million through 2015 to expand Panama's Balboa Port, the company's top executive told reporters on 11th October.
Cyclone Hudhud Blasts India’s East Coast, At Least Three Dead
Cyclone Hudhud blasted India’s eastern seaboard on Sunday with gusts of up to 195 kilometres an hour (over 120 mph), uprooting trees, damaging buildings and killing at least three people despite a major evacuation effort.
The port city of Visakhapatnam, home to two million people and a major naval base, was hammered as the cyclone made landfall, unleashing the huge destructive force it had sucked up from the warm waters of the Bay of Bengal.
Upended trees and wreckage were strewn across Visakhapatnam, known to locals as Vizag. Most people heeded warnings to take refuge, but three who ventured out were killed, officials said.
Hyundai Merchant Marine liquidizes its overseas container terminals and raises $140 million
Hyundai Merchant Marine raises $140 million through the liquidation of its container terminals in the USA, the company said in its press release. HMM liquidizes its shares of CUT(California United Terminals) located in LA, USA; WUT(Washington United Terminals) located in Tacoma, USA and raises $140 million. HMMA(Hyundai Merchant Marine(America), INC.), which have 100% share of CUT and WUT will issue convertible preferred stocks. HMM selected an America Private Equity Fund, Lindsay Goldberg as a preferred bidder. Further detailed information will be dealt with after the actual inspection. HMM plans to implement an actual inspection with Lindsay Goldberg within October, and seals the deal within next 1st quarter of 2015.
Kazakhstan’s President looked through a project of expanding the port of Aktau
According to the project for increasing the port’s capacity, its cargo handling will grow to 19.5 MMT a year due to the construction of a grain terminal with a 1.5 MMT annual capacity and two terminals for general cargoes and containers with a 1.5 MMT annual capacity. Under the schedule, the first stage of the construction will be completed in December 2014.
The infrastructure development of the Caspian ports, the Trans-Caspian route, and a transport center in Mangistau region was also reported to the President. Source: UkrAgroConsult
VTTV fuel storage terminal to become operational by mid November
The first fuel tanker is expected to dock at VTT Vasiliko Terminal in mid November, marking the operation of a project that aspires to place Cyprus at the centre of the fuel transport routes.
With a total cost of €405 million the project is considered as one of the biggest foreign direct investments in Cyprus in recent years.
Τhe state-of-the-art terminal features 28 tanks with a total storage capacity of 543,000 cubic metres of core fuel (diesel, gasoline and jet fuel) a deep water marine jetty as well as road tanker loading facilities in phase one, already completed at a cost of €305 million. Phase two, scheduled to begin in mid 2015 will create an additional 13 tanks and an extra capacity of 305,000 cubic metres at a cost of €105 million.
VTT Vasiliko Ltd (VTTV) was founded in 2010 and is a subsidiary of VTTI B.V., the international company that owns and operates oil storage terminals, 50 per cent of which is owned by Dutch-owned Vitol.
VTTV, the company operating the terminal, believes that the facility, located in Vasilikos, in the island`s southern coast, is very attractive to operators as in the wider area there are oil product flows from the Black Sea to the East, from the East to the West and from Europe to the East Med and the Red Sea, as 250 trans-shipments per year take place in the open sea around Cyprus.
Floating shipping port launched in Darwin Harbour to build $34 billion gas project
In an Australian first, a large floating shipping port is operating in Darwin Harbour to assist in building the INPEX gas plant and pipeline. The ‘Hydro Deck’, which can sustain up to eight-metre tidal variations, will unload equipment from ships along the shoreline to greatly speed-up the construction of the $34 billion Ichthys LNG project