GasLog Partners Buys Solaris

GasLog Partners of Greece has finalized the purchase of LNG carrier Solaris.

The 2014-built vessel is currently chartered by a subsidiary of Royal Dutch Shell. The aggregate purchase price for the 155,000 cubic meter vessel was USD 185.9 million.

The transaction was financed with cash plus the assumption of USD 117 million of Solaris debt.

The GasLog Partners fleet now has 12 LNG carriers.

Rotterdam  port ​increase container volume up 10%

Rotterdam​'s Port Authorit​ies informs that the increased throughput of containers related with a number of factors including solid autonomous growth in Europe, favorable position of Rotterdam with the new sailing schedules recently adopted.  

The port’s total throughput in that same period increased by 2 percent. In addition to containers, the key contributors to this overall growth were the agribulk and breakbulk segments. 

Rotterdam port increased  volumes in roll on/roll off (ro/ro) of 6.6 percent  during the last 9 month of 2017.  This growth was caused by increased cargo flows to the dominant market in this category.

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Hapag-Lloyd Launching 2nd Expedition Ship

Hapag-Lloyd Cruises has begun construction of its second expedition ship. 

'HANSEATIC inspiration' will be built with steel form the VARD shipyard in Tulcea, Romania. The vessel's hull is to be constructed at the same facility, while the interior fitting will be done in the Norwegian shipyard of VARD Langsten. 

HANSEATIC nature and HANSEATIC inspiration should launch in 2019 in an effort to grow tourism group TUI's own line of hotels and cruise ships.

According to Hapag-Lloyd Cruises, “The demand for expedition cruising is three times higher than supply and so with our two new builds we shall be ideally prepared for the future and also satisfy the international marketplace. Hapag-Lloyd Cruises is growing, which underlines the TUI Group’s strategy in the cruise segment." 

The ships will feature cutting-edge technology, allowing for their use in both the polar regions as well as the Amazon.

Construction Starts on New West Port in Kalundborg

Kalundborg is located in what is claimed to be the Greater Copenhagen area  and the new development is proposed to help  to establish Kalundborg as the major container port for the area. 
According to the port authorities, the new area will have a 500 meter long quay with the water depth of 15 meters.
The construction of the new port area is divided into two contracts: the land-based and the dredging at sea stage. 

The construction work is expected to start this autumn and the whole port area will be ready for use by 1 February 2019.