PROJECT CARGO JOURNAL – WEEK 30

Containers drive growth in Rotterdam, breakbulk remains stable
The port of Rotterdam has recorded a total throughput of 240.7 million tonnes in the first six months of 2019, 3.4% more than in the first six months of 2018. The growth was mainly driven by the container throughput, which increased by 6.4% to 7.5 million TEU. Breakbulkvolumes remained stable. The growth in the container…
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Ekol and Transuniverse to build “mega” multimodal site in North Sea Port
The Turkish logistics company Ekol Logistics and the Belgian groupage firm Transuniverse Forwarding have signed an agreement to build a 40-hectare multimodal site at the Kluizendok in Ghent, which is part of North Sea Port. The new site will include a cross-docking platform, rail terminal and ro/ro terminal. Ekol Logistics and Transuniverse Forwarding recently signed…
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Mammoet buys ALE
Mammoet has acquired ALE Heavy Lift, reinforcing its position as the world leader in heavy lift and heavy transport solutions. The companies did not disclose details of the agreement yet. Mammoet has stated that “no further details will be given until after the closing of the transaction”, which is subject to regulatory approval. If all…
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TechnipFMC’s orderbook skyrockets in second quarter
TechnipFMC has booked record inbound orders in the second quarter of 2019, with total company orders reaching a value of USD 11.2 billion. CEO Doug Pferdehirt contributes the success to TechnipFMC’s fully integrated EPCI solutions and “the new wave of liquefied natural gas (LNG) projects.” In comparison with the second quarter of 2018, TechnipFMC’s revenue…
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Bourbon Offshore suspends listing after creditors demand debts
French shipping company Bourbon Offshore is in serious danger of bankruptcy now that a group of creditors has demanded immediate payment of outstanding debt with a total value of USD 800 million. In a short press release, Bourbon Offshore said it has requested the suspension of its listing at the Euronext stock exchange in Paris….
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“Offshore project sanctioning ready to reach heights not seen since the USD 100 barrel of oil”
Offshore project sanctioning in the oil and gas industry has already surpassed the USD 50 billion mark in 2019, nearing the investment level of 2014. “This is yet another signal that the offshore industry has turned a corner,” says Matthew Fitzsimmons, VP of Oilfield Service Research at Rystad Energy. In total, new project investments could…
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Heerema lands first offshore wind gig in Taiwan
Heerema Marine Contractors has signed a new contract to support the construction of the Changhua wind farm project in Taiwan. The job was assigned by the Taiwan branch of Jan de Nul and comprises of the installation of 21 4-legged jacket foundations. The Changhua Windfarm Phase 1 is a project of the Taiwan Power Company…
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More ro/ro, less breakbulk in port of Zeebrugge
The port of Zeebrugge has recorded a growth of 12.5% in the first semester of 2019. In total, the Belgian port handled 21.9 million tons of cargo. The growth is mainly attributable to the roll-on/roll-off traffics and LNG. The ro/ro volume grew by 5 % to 8.4 million tonnes in anticipation of the first Brexit…
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Intercargo concerned about lack of testing of low sulphur fuels
With less than six months to go until the new sulphur regulations come into force, Intercargo says it is “extremely worried” about the safety of ships, crew and environment as both the fuel suppliers and shipping companies have pushed the testing of the compliant fuels to the end of the year. Effective per 1 January…
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