• 2017 December 6 11:30

    European Investment Bank and Wärtsilä sign a EUR 125 million Research, Development and Innovation loan

    The European Investment Bank (EIB) and Wärtsilä, a leading Finnish producer of engines for marine and power plant applications, have signed a EUR 125m loan agreement to support the research and development of more environmentally friendly and efficient ship engines and power plants, the company said in its press release. This fifth loan to support Wärtsilä’s Research, Development and Innovation (RDI) will further solidify the successful cooperation with the EIB, which has resulted in tangible improvements in European engine technology since the first loan was signed in 2003.

    The RDI project supported by the EIB loan reflects Wärtsilä’s continued shift towards cleaner technologies and higher levels of automation and digitalisation. It will cover the period of 2017 to 2019 and focus on four-stroke (medium speed) engines for marine and power plant applications. As Wärtsilä closely cooperates with Finnish and European universities and research institutes, the new RDI program will also provide opportunities to these institutions to carry out applied research and serves as a basis for training and recruitment of young engineers.

    About EIB:
    The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals. In 2016 alone, the Bank made available nearly EUR 2.2 billion in loans for Finnish projects.

    Wärtsilä in brief:
    Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.




2018 January 22

18:10 Throughput of port Vysotsk up 3% to 17.55 mln t in 2017
17:53 Myanmar accedes to treaty covering bunker oil pollution damage
17:35 Hutchison Ports Thailand receives world’s largest quay cranes with advanced remote control technology at Laem Chabang Port
17:19 Port of Tallinn announces auction for equipment and structures of coal terminal in Muuga Harbor
17:05 ESPO supports more efficient but responsible management of waste from ships
16:50 Throughput of port Primorsk in 2017 down 11% Y-o-Y to 57.60 mln t
16:35 DP World and National Investment and Infrastructure Fund (Niif) Partner to create platform for investments in ports, transportation and logistics sector
16:21 Rosmorport’s icebreakers assisted 269 vessels at seaports of Russia this winter navigation season
16:05 Port of Rotterdam Authority puts hybrid vessel into operation
16:00 Throughput of port Ust-Luga up 11% to 103.29 mln t in 2017
15:34 Maritime engineering firm Intermarine UK opens new facility at Portland Port, Dorset
15:08 Boskalis supports V Forum of Dredging Companies as its Sponsor
15:04 CMA CGM announces FAK rates from Gulf ports to North Europe and the Mediterranean
14:47 Damen signs contract with Canada’s Group Ocean for two Modular Multi Cats
14:26 Throughput of Big Port St. Petersburg up 10% to 53.64 mln t in 2017
13:59 Four vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on Jan 21-22
13:35 Average wholesale prices for М-100 HFO down to RUB 12,946 in RF spot market
13:12 Freight turnover of Neva-Metal (Saint-Petersburg) in 2017 was flat Y-o-Y at 3.1 mln t
12:47 Kalinka Shipping congratulates North-Western Shipping Company on its 95th anniversary!
12:24 Baltic Dry Index up to 1,125 points
12:00 “K” Line announces delivery of 14000-TEU containership “MILANO BRIDGE”
11:36 Okskaya shipyard lays down the fourth oil barge of Project ROB20 for Paula Rise (photo)
11:13 Cargo traffic on Russia’s IWW in 2017 up 0.5% Y-o-Y to 118.6 mln t (photo)
11:00 “K” Line announces delivery of ‘Corona’ Series coal carrier “CORONA WISDOM”
10:25 Brent Crude futures price up 0.29% to $68.81, Light Sweet Crude – up 0.22% to $63.45
10:11 Suez Canal revenues up with a rate of 250 million dollars
10:02 Container throughput of port Hong Kong (China) up 4.8% to 20.75 mln TEUs in 2017
09:40 Bunker sales at the port of Singapore in 2017 up 4.1% Y-o-Y to 50.64 mln t (table)
09:19 Port of Singapore January-December volumes grow 5.5% to 626.17 million tonnes

2018 January 21

10:34 Piraeus Port Authority SA obtains Certificate for the Managing Adequacy System
10:31 CMA CGM increases Ocean Carrier ISPS Surcharge by USD 13 per container for all trades

2018 January 20

10:28 Sanmar's tug arrives in Naples to enter service with Rimochitori Napolitani
09:55 World’s second largest ship registry prepares for continued success in 2018
07:43 Golden Ocean announces issuance of new shares in connection with delivery of vessel
06:41 Cheniere and Trafigura sign 15-year LNG sale and purchase agreement

2018 January 19

18:20 Name giving ceremony held in Novorossiysk for three Damen tugboats of Delo Service Company (photo)
18:06 British Ports Association responds to UK Government announcement on extra funding for border security in the Channel
17:56 ABP South Wales Ports see strong growth in 2017
17:33 Taganrog Commercial Seaport plans allocation of $4.2 mln for implementation of its 2018 development programme
17:06 BPO lunch debate in European Parliament
16:50 Nevsky Shipyard congratulates North-Western Shipping Company on its 95th anniversary!
16:32 LSC Shipmanagement increases its fleet with bitumen tanker
16:27 Azerbaijan Caspian Shipping Company undertakes measures to prevent environmental pollution
16:04 Rolls-Royce supplies MTU engines to equipment manufacturer Terex Cranes for two new Demag models
15:34 Northwest Seaport Alliance international container volumes up 4 percent in 2017
15:03 MSC adds new RO-RO service from NWC to West Africa
14:55 Russian Maritime Register of Shipping reviewes the Rules and Guidelines
14:33 “K” Line announces delivery of ‘Corona’ series coal carrier “CORONA WISDOM”
14:17 Jan De Nul supports V Forum of Dredging Companies as its Sponsor
14:03 Maersk Line announces FAK rates from Asia to West Coast of Central and South America, Mexico, Panama and Caribbean
13:32 Gulf Navigation adds “Gulf Mishref” and “Gulf Mirdif” to its fleet
13:16 CMA CGM announces THC in Kaliningrad, Russia
12:51 Second Vroon W2W vessel completes modifications and outfitting at Damen Shiprepair Oranjewerf
12:45 Port of Antwerp scores 5th record year in a row
12:14 NIBULON starts the second stage of the Southern Buh river dredging
11:51 Bunker prices show no significant changes at the port of Novorossiysk, Russia (graph)
11:28 Nine vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on Jan 18-19
11:03 Freeport of Riga Authority set to enter new markets in 2018
10:40 Russian seaports of the Azov Sea handled 87.8 mln t of cargo in 2017, up 24.7% Y-o-Y
10:17 Brent Crude futures price down 1.01% to $68.61, Light Sweet Crude – down 1.22% to $63.17