Tag: Ports
The LNG boom is revitalizing the US Gulf Coast
Sabine Pass, Houston “LNG” is written in large white letters on the 300 meter long blue tanker with its four thick white containers on the deck, which is slowly disappearing…
North Korea announces underwater nuclear drone test
Kim Jong Un North Korea has stepped up its missile tests in recent months. (Photo: dpa) Seoul North Korea says it has tested a new underwater nuclear drone. The drone…
Habeck lets Cosco fidget with the planned port entry in Hamburg
HHLA Terminal Tollerort in Hamburg The Chinese must continue to worry about the planned entry. (Photo: dpa) Dusseldorf Actually, the entry of the Chinese shipping group Cosco at the Hamburger…
How the family business became a profit champion
Shipping company CMA CGM Rodolphe Saadé, Tanya Saade Zeenny and Jacques Saadé at the inauguration of a container ship in 2018. (Photo: Bloomberg) Marseilles The Tour CMA CGM glitters in…
How the family business became a profit champion
CMA CGM container ship The family-run shipping company CMA CGM is the most profitable company in France. (Photo: dpa) Marseilles The Tour CMA CGM glitters in the Marseille sunlight. The…
Russia and Ukraine extend grain deal
Cargo ship with grain Ukraine and Russia are important suppliers of food. (Photo: dpa) Istanbul The agreement on the Black Sea Grain Initiative was mediated by the United Nations and…
Habeck needs an additional 1.6 billion euros for LNG terminals
LNG terminal in Brunsbüttel Because a planned LNG ship off Hamburg is not going to be placed there after all, the funds planned for it can now partially cover the…
Is the federal government exaggerating on LNG?
Berlin Federal Minister of Economics Robert Habeck (Greens) defends himself against public criticism, including from his own ranks, for overdoing it with the gas. “We price in risks, plan with…
Oil from Kazakhstan flows to Schwedt
Refinery PCK in Schwedt Until the turn of the year, the refinery was almost exclusively supplied with oil from Russia via the “Druzhba” pipeline. (Photo: dpa) The Kazakh oil export…
The end of the container cartels – Why Maersk and MSC are breaking their alliance
MSC and Maersk The two shipping giants end their alliance. (Photo: Bloomberg, Montage) Singapore The steel box of the Swiss shipping company MSC floats almost silently over the deck of…
Germany in talks with Oman over LNG supplies
Manuela Schwesig and Olaf Scholz at the Deutsche Ostsee LNG terminal LNG plays a key role in Germany’s efforts to replace Russia’s missing gas supplies (Photo: IMAGO/Future Image) London /…
Hapag-Lloyd: Shipping company achieves record profit
Hapag-Lloyd container ship in Hamburg Germany’s largest container shipping company benefited from the high freight rates in the past financial year. (Photo: IMAGO/Markus Tischler) Dusseldorf In the past financial year,…
Hapag-Lloyd on par with VW – shipping company achieves record profit
Hapag-Lloyd container ship in Hamburg Germany’s largest container shipping company benefited from the high freight rates in the past financial year. (Photo: IMAGO/Markus Tischler) Dusseldorf In the past financial year,…
Antwerp is arming itself against cocaine smugglers
Antwerp The port of Antwerp lies on the Scheldt like a giant octopus. The numerous side arms allow incoming container ships to be processed at the same time. At 150…
German ports are to become Europe’s leading energy and raw materials hubs
Port of Hamburg There were heated debates just last year when the state-owned Chinese shipping company Cosco wanted to acquire shares in a terminal in the port of Hamburg. (Photo:…
Greece: Athens pushes privatizations
Kalamata airport Stars travel via the airport in their private jets, as do package holidaymakers in charter planes. (Photo: AP) Athens Costa Navarino is a five star resort on the…
Ukraine – Situation in the morning: Selenski: Drones are said to tire air defenses
Selensky with soldiers The Russian side obviously wants to wear down the people of Ukraine and their defenders in the long run, said President Volodymyr Zelensky. (Photo: dpa) Kyiv In…
There is a risk of overcapacity for LNG – is Germany building too many terminals?
The floating terminals Höegh Esperanza in Wilhelmshaven How much natural gas will Germany need in the coming years? (Photo: Reuters) Dusseldorf Since December 15, 2022, Germany has been able to…
Is Germany building too many LNG terminals?
The floating terminals Höegh Esperanza in Wilhelmshaven How much natural gas will Germany need in the coming years? (Photo: Reuters) Dusseldorf Since December 15, 2022, Germany has been able to…
Gas imports are a pan-European issue
First LNG terminal in Wilhelmshaven It falls short of simply planning just enough import capacity to exactly replace the pipelines that previously brought gas from Russia to Germany. The energy…