Category: Headlines

Hapag-Lloyd: Anniversary of a German icon

Hapag-Lloyd: Anniversary of a German icon

Gepostet von | 30 May 2022 | , , , | 0

On 27 May 2022, it will be 175 years since a group of Hanseatic merchants founded the Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft in Hamburg. The beginning was quite modest with three small packet sailers. First, the DEUTSCHLAND, a full-rigged ship of 538 gross register tonnes, left Hamburg on 15 October 1848, bound for New York. The company, which was later known simply as the Hamburg-America Line or Hapag for short, launched its first steamship in 1855 with the HAMMONIA, which was already 2026 gross register tonnes in size. A little later, in Bremen, the other major Hanseatic city on the North Sea, North German Lloyd was founded on 20 February 1857.

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Russians export oil in large quantities

Russians export oil in large quantities

Gepostet von | 30 May 2022 | , , , , | 0

Losses for Russia, but not massive Russia's seaborne crude oil exports from its western ports to Asian countries, especially India and China, rose again to more than 1 million barrels per day and could rise further. However, overall crude oil shipments remained virtually unchanged until 13 May as European Union countries continue to argue over a planned ban on Russian oil imports following the country's invasion of Ukraine. A total of 35 tankers loaded about 24.9 million barrels from Russian export terminals, according to ship-tracking data compiled by Bloomberg and reports from port agents. This put the...

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Enormous: Suez Canal turnover at 7 billion US dollars

Enormous: Suez Canal turnover at 7 billion US dollars

Gepostet von | 28 May 2022 | , , , | 0

Egypt expects the Suez Canal's revenues to reach around 7 billion US dollars by the end of the current fiscal year, Finance Minister Mohamed Maait said on 21 May. Tourism revenues are expected to reach between 10 and 12 billion US dollars by then, despite the Ukrainian crisis, he added. The Egyptian budget year runs from 1 July to 30 June. The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government's main sources of foreign exchange. Source: Thomson Reuters 2022/...

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Croatia offers Adriatic ports for the transport of Ukrainian grain

Croatia offers Adriatic ports for the transport of Ukrainian grain

Gepostet von | 27 May 2022 | , , , , | 0

The European Commission introduced the so-called "solidarity routes" at the beginning of May to improve connections between the EU and Ukraine for grain exports, while Ukrainian ports remain blocked due to the Russian invasion. Croatia's Adriatic ports could provide an alternative route for the transport of grain from Ukraine, Jutarnji List reported, citing the State Secretary of the Croatian Ministry of European and Foreign Affairs. Following his participation in the General Affairs Council of EU27 ministers in Brussels on 23 May, Andreja Metelko Zgombić said: "During the debate, I pointed out that Croatia's Adriatic ports are available and could offer an alternative route for...

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Strategy is not a supreme discipline in Germany

Strategy is not a supreme discipline in Germany

Gepostet von | 27 May 2022 | , , | 5

8th Maritime Colloquium of the German Maritime Institute in Wilhelmshaven When the President of the German Maritime Institute (DMI), retired Rear Admiral Karsten Schneider, closed the DMI's 8th Maritime Colloquium with these words, it was possible to look back on a series of challenging presentations and panels. On 24 May 2022, maritime security experts gathered at the Atlantic Hotel Wilhelmshaven to discuss the topic: "The German Navy facing new tasks - new challenges - new capabilities?". The organiser was supported by the German Navy's Operational Flotilla 2, the griephan information service, the German Naval Association, the German Armed Forces Association and the German Atlantic Society. It was...

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