The cruise industry: An industry worth keeping
With last year’s delivery of the Celebrity Flora, a Dutch yard completed a sea-going passenger ship for the first time in 46 years. SWZ|Maritime’s new cruise special shows the cruise shipbuilding industry is very important...Read more
Zeamarine officially insolvent as restructuring continues
The German booking and operation offices Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering have come under court supervision while the restructuring of the Bremen-based MPV-operator continues, meaning the company is officially insolvent. In the first official...Read more
Royal IHC joins forces with trade unions for new Dutch submarines
Royal IHC and the Dutch trade unions FNV, CNV vakmensen.nl, RMU and De Unie have signed a covenant in view of the replacement of the Dutch Walrus class submarines. In October, another contender for the...Read more
Small plus for Port of Rotterdam’s throughput in 2019
The Port of Rotterdam saw a freight throughput of 469.4 million tonnes in 2019, fractionally higher than in 2018 (469 million tonnes). This was announced by the Rotterdam Port Authority. Crude oil, container, LNG and biomass...Read more
Do we need a European Trump to protect the shipbuilding industry?
Most Europeans probably think it would be a bad idea to have a kind of leader like Trump in control of European politics. Still, he at least tries to do something to protect American jobs,...Read more
Damen Shipyards undervalued its shipbuilding contracts
Damen Shipyards still has to deal with loss-making projects this year. When entering into these assignments, an incorrect or, in retrospect, over-easy assessment of the risks was made, says CEO Arnout Damen. The company will...Read more
‘Container shipping may take until third quarter to recover from corona’
The novel coronavirus has largely shutdown the powerful China, one of the largest economies of the world. In a market analysis, Dutch bank ABN Amro expects the shipping sector will be one of the industries...Read more
Coronavirus and IMO2020 cause Baltic Dry Index to crash
The Baltic Dry Index has dropped to its lowest point in four years time as a result of the coronavirus, IMO 2020 and seasonality. The index currently stands at 487 points, down more than 1100...Read more
‘Coronavirus may hit Dutch supply chains from China’
‘The coronavirus outbreak could endanger the supply of Dutch companies doing business with China,’ says Bart Vos, scientific director of the Brightlands Institute for Supply Chain Innovation (BISCI) and affiliated with Maastricht University. Several ports...Read moreZeamarine Is Disposing of Vessels
Zeamarine is reportedly disposing of vessels to deal with its financial losses. The fast-growing shipping company last month announced that it has hired a restructuring specialist to take over the management of the company and...Read more
Van Oord Partners with NYK in Offshore Wind Vessels in Japan
Van Oord and NYK have agreed a Memorandum of Understanding (MoU) to jointly own and operate offshore wind installation vessels under the Japanese flag. The collaboration is using Van Oord’s technical and operational expertise in...Read more
‘Energy Transition Will Drive Deepsea Mining’
The energy transition requires a lot of resources and materials. ‘Eventually there will be a shift from oil and gas to mining the metals you need,’ says Wiebe Boomsma, Manager R&D at Royal IHC. ‘After...Read more
Damen and Gentium to Develop Shipbuilding Industry in Bangladesh
Dutch Damen Shipyards and Australian Gentium Solutions plan to establish and develop a shipbuilding and ship repair industry in Bangladesh. The companies signed a memorandum of understanding (MoU) to this effect with the Ministry of Industry...Read more
FinCo Fuel Group Acquires Marine Biofuel Supplier GoodFuels
FinCo Fuel Group, active in the downstream energy market with a broad portfolio of fuel products, has expanded with the acquisition of GoodFuels. The latter has been advancing the use of sustainable, advanced biofuels in...Read more
Allseas CEO: ‘Stopping Nordstream 2 Hurts Our Honour’
In an interview, Allseas CEO Edward Heerema said stopping Nordstream 2 was first and foremost damaging to the company’s sense of honour. ‘It’s a disappointment, we really wanted to take credit for it,’ he says. Allseas...Read moreArnout Damen at the Helm of Dutch Shipbuilding Empire
On 1 January, Arnout Damen became the new CEO of Damen Shipyards Group, Europe’s largest civil shipbuilding group. At the same time, the shipbuilding company switched to a divisional structure in hopes of serving the...Read more
Dutch Ideas, Japanese Build
Japan is still a large shipbuilding nation blessed with powerful shipowners and a large fleet. Under the pressure of the global shipbuilding market problems, Japanese yards have gone through a merger and contraction phase. Yet,...Read more
APM Terminals Plans to Sell Rotterdam Terminal to Hutchison Ports
The Rotterdam-based terminal APMTR may be sold to Hutchison Ports, owner of the adjacent ECT Delta terminal. APMTR is to continue as an independent organisation for the time being with a five-year volume guarantee from...Read more