The European Investment Bank has signed a EUR 70 million loan with Kvarken Link Oy, a special purpose vehicle jointly owned by the municipalities of Umeå in Sweden and Vaasa in Finland, to buy a new ferry to transport passengers and vehicles between their two ports.
The Port Esbjerg has adopted the construction of a new, 40,000-m2 multi-terminal in the eastern port area, responding to increased demand for areas for the storage and shipping-out of cargo. The new terminal is expected to be completed by the end of 2019.
The construction of the 450-metre container quay has been completed at Stockholm Norvik Port. This is considered a major milestone in the development of the Port as now its contours can be seen, and the new functionality is emerging. The building of the container quay is now completed and out on the quay crane tracks are being laid, bollards are being equipped and guardrails, barriers and fenders are being installed.
The EU-funded project to expand the Swedish Port of Ystad and make it able to accommodate larger ferries started with a sod-turning ceremony on May 2. The project includes, in addition to two new ferry locations in Ystad Harbor, a new vessel to be fueled by LNG for the Polish shipping company Polferries.
According to Reuters, the US refused to sign an agreement in the Arctic due to discrepancies over climate change wording, risking the cooperation in the polar region at the sharp edge of global warming. The meeting between eight nations in Finland’s Rovaniemi on Tuesday, May 7, was aiming to provide a two-year agenda to balance the challenge of global warming, with sustainable development of mineral wealth.
Sweden’s SVT supported that some crucial diseases are caused by small particles in the ship’s exhaust gases. A new measurement method shows that the correct figure is almost twice as large as the one previously calculated, meaning domestic shipping has a greater environmental impact than domestic flights, reports SVT News.
Sweden is placed fourth in the Top Ten of the Port of Hamburg trading partners and is a strong economy, by achieving a 11.8% growth to 334.000 TEU in 2018. Sweden actually ranks second among trading partners in Europe. Hamburg is linked with Sweden by eleven liner services that are in operation on a weekly basis as a rule.
The Swedish shipping sector is planning to end the use of fossil fuels in the country by 2045, meeting national climate goals. Specifically, the Swedish Shipowners’ Association is creating plan to achieve zero GHG emissions, along with Fossil-free Sweden, a government initiative. Rikard Engström and Svante Axelsson, the heads of the two organisations, said that shipping can become more efficient and switch to biofuels or electricity.
A cargo vessel was damaged after grounding in the Bråviken bay, off Sweden, the Swedish Maritime Administration reported. The vessel named ‘Listervik’ allied with rocky bottom west of Oxelösund. After the grounding, the vessel was escorted by the Swedish Coast Guard ships to the Port of Oxelosund where it moored in the morning hours of February 8.
The Maritime Connectivity Platform Consortium (MCPC) was established with a signature ceremony during the conference ‘e-navigation underway international 2019’. The MCP is an open source, vendor-neutral digital maritime domain to bring common internet standards to maritime navigation and transportation systems. The MCP enables infrastructures for efficient, secure, reliable and seamless electronic information exchange among maritime stakeholders using available communication systems.
