SERVICES

Europe

Port Of Rotterdam wants shares in Curaçao Port
ArcelorMittal urges extended, reformed EU caps on steel imports
Maersk Brokers and Wonsild Dry merge

Maersk Brokers and Wonsild Dry merge

Copenaghen - New integration in the dry bulk sector. Maersk Broker and Wonsild Dry will merge from the beginning of 2019. Wonsild’s “Dry” division will become a “fully integrated part” of Maersk Broker Bulk Chartering

Alfa Laval exceeds 100 gas combustion units sold
Brexit, British ports’s anxiety grows

Brexit, British ports’s anxiety grows

London - Theresa May’s postponement of the parliamentary vote on her Brexit deal, in order to seek more concession, leaves the UK’s ports anxious to know “what they might need to prepare for and when it may be needed.”

North Africa

China’s foreign trade jumps 16%

China’s foreign trade jumps 16%

Beijing - China’s foreign trade jumped year-on-year to €3.4 trillion in the first 10 months of 2018. Imports surged 20.3 percent while exports grew by 12.6 percent

China’s Expo attracts 1,000 firms from Belt and Road countries
ABB tests fuel cells for ship propulsion

ABB tests fuel cells for ship propulsion

Oslo - ABB Marine, part of the Swedish-Swiss robotics, automation and electrical group, and Norway’s research firm Sintef Ocean have undertaken groundbreaking research to test the viability of fuel cells as an energy source for ship propulsion

Egypt purchases 180,000 tonnes of Russian wheat
La Spezia promotes itself: “We are the gateway to North Africa”

Middle East

Iran falls to sixth biggest oil supplier to India in November, from fourth in October
Adnoc combines LPG and propylene shipments for first time
OPEC works on deal to cut output

OPEC works on deal to cut output

Vienna - OPEC and its allies are working towards a deal to reduce oil output by at least 1.3 million barrels per day, four sources said, adding that Russia’s resistance to a significant production cut was so far the main stumbling block

Virgin Hyperloop One, Bin Sulayem replaces Branson
DP World files lawsuit against China Merchants

Black Sea

“EU will extend Russia sanctions in December”

“EU will extend Russia sanctions in December”

Buenos Aires - The European Union will extend its existing economic sanctions on Russia next month, a top official with the bloc said on Friday after Moscow’s action against Ukraine’s navy in the Sea of Azov. European Council President Donald Tusk will chair a summit of EU leaders on Dec. 13-14

Ukraine says martial law not affecting Azov Sea grain exports

Ukraine says martial law not affecting Azov Sea grain exports

Kiev - The imposition of martial law is not affecting Ukrainian grain shipments from ports on the Azov Sea so far and if necessary they can be diverted to the Black Sea, Ukraine’s acting agriculture minister says. More broadly, the prospects for grain exports from the Azov Sea are unclear at this point

Russia’s 1st cruise liner ready for tests in 2019

Russia’s 1st cruise liner ready for tests in 2019

Astrakhan - An ocean cruise liner under construction at the Russian Lotus Shipyard in Astrakhan will be ready for water trials next year. Russia hasn’t built vessels of such class for more than 60 years. The keel of the PV300 cruise ship with a capacity of 300 passengers was laid down at the shipyard in August 2016

Abramovich and partner to buy TransContainer stake from VTB
China’s Expo attracts 1,000 firms from Belt and Road countries