• 2016 June 15 12:01

    Finland’s Ministry of Employment and the Economy granted financing for the maritime industry growth programme for 2016

    The Ministry of Employment and the Economy has granted further financing for the maritime industry growth programme for 2016. The Team Finland growth programme, entitled 'Maritime and Offshore from Finland', is designed to help Finnish companies get involved in international projects in the industry, the Ministry said in its press release.
     
    The goals of the growth programme are a 10% increase in the turnover of Finland’s maritime cluster, a 10% increase in its exports, the creation of 400 jobs and three foreign investments in Finland. The implementation of the programme is intended to take place in 2015–2017. The Ministry of Employment and the Economy has just granted EUR 516,000 to Finpro Oy for the implementation of the programme. The financing for the programme’s first year of operation was EUR 956,000.
     
    "The strength of the Finnish maritime industry's expertise is its diversity. The industry is particularly strong in cruise liners, ice-breakers, ice class vessels, subcontracting work, and design and system deliveries for these types of vessels. From Finland’s perspective, global prospects in the industry are promising and a lot more positive than it seemed a few years ago," says Minister of Economic Affairs Olli Rehn.
     
    Finnish companies have significant opportunities for growth: cruise liner construction is experiencing a boom time, renovation work activity for cruise vessels is at a high level, cruise travel is growing in Asia and the USA, and construction is very active in arctic technology and ice-breakers. Innovations in the industry include new maritime applications developed by various companies including Finnish businesses in the areas of ICT, big data, Internet of Things and satellite monitoring.
     
    The challenges these companies are encountering include complex global supply chains, where it can be hard for Finnish companies to find projects, clients and decision makers. With the help of the programme, many of the companies seeking to participate in these projects can get involved and gain additional turnover from the international market. The growth programme has 14 target markets, of which the main markets are Germany, Norway, France, China, Japan and Russia.
     
    According to Finpro Oy’s assessment, the total global value of new ship orders, including preliminary contracts, that can be supplied by the Finnish industry will increase to more than EUR 70 billion over the next 10 years. New ship orders and modification work on ships also provide significant opportunities for the Finnish maritime industry and its subcontractor chain. This industry is one of the few export industries whose business operations in Russia have continued despite the sanctions.


2019 October 23

18:36 GTMaritime protects onboard cyber security in record numbers
18:02 Tokyo MOU accepted Panama as the 21st member authority
17:35 Rosmorrechflot suggests providing subsidies and privileges to ship owners using LNG
17:02 Teekay and Teekay LNG announce resolution to China LNG joint venture issues
16:52 Damen signs contract with Karachi Shipyard & Engineering Works for third ASD Tug 2009
16:43 Side event on Women in Fisheries held at Torremolinos Ministerial Conference
16:21 Average wholesale prices for М-100 HFO down to RUB 11,770 in RF spot market
16:02 Carnival Corporation, Royal Caribbean and Government of St. Lucia sign MoU
15:37 Yxney Maritime and Grieg Connect team up with the NOx Fund to build digital emissions infrastructure
15:02 Qatar Petroleum announces commencement of supply of Very Low Sulphur Fuel Oil at Ras Laffan Industrial City Port
14:56 Ships of RF Navy’s Caspian Flotilla participated in strategic command post exercise
14:14 Port of Zeebrugge posts results for Q3 2019
13:13 Abu Dhabi Ports breaks ground on new waterfront destination
12:40 Association of Legal Entities of “Trans-Caspian International Transport Route” project held General Meeting in Tbilisi
12:12 Aker Solutions targets growth in low carbon and renewable energy
11:48 Yaroslavsky Shipbuilding Plant delivered survey ship of Project 3330 built for Volga Basin
11:26 Technological infrastructure of Vostochny Port's Phase 3 highly appraised by Indian delegation
11:04 Mitsui E&S Shipbuilding deliveres a 66,000 dwt type bulk carrier to Tomaros Navigation, Liberia
10:32 ASCO held meeting with representatives of Australian and Chinese companies
10:09 The world’s largest offshore wind farm welcomes Jan De Nul’s Voltaire to the project
09:50 Russian Maritime Register of Shipping introduced a new edition of the Container Rules set
09:31 Baltic Dry Index is down to 1,806 points
09:15 Brent Crude futures price is down 0.49% to $59.41, Light Sweet Crude – down 0.83% to $54.03
09:08 CMA CGM implements Winter Surcharge on imports into St Petersburg, Ust-Luga & Bronka (Russia)
08:53 MABUX: Bunker market this morning, Oct 23
08:42 Europort 2019 launch led by shipowner summit

2019 October 22

18:09 Alfa Laval Aalborg boiler technology offers an easier path to LNG propulsion
17:53 NOVATEK issues update on Arc7 LNG tankers
17:30 Yxney Maritime and Grieg Connect team up with the NOx Fund to build digital emissions infrastructure
17:02 Total and Zhejiang Energy Group join forces to develop the growing low sulfur marine fuel market
16:48 North-Western Shipping Company carried 3.7 million tonnes of cargo in 9M’2019
16:25 Wärtsilä retrofit to reduce environmental impact of ferry operating in ecologically sensitive waters
16:02 McDermott International enters into agreement for up to $1.7 bln of new financing
15:41 Latest Damen FCS 3307 Patrol vessels for Homeland Integrated Offshore Services Limited arrive in Nigeria
15:27 Victor Chernomyrdin icebreaker successfully completed sea trials
15:02 Deltamarin signs design contracts with Merima
14:44 Pella shipyard started mooring trials for lead crab catching vessel of Project 03070
14:10 CMA CGM announces FAK rates from Asia to the Middle East Gulf
13:49 Patrol ship of RF Navy’s Black Sea Fleet left Greek port of Pylos
13:02 A.P. Møller - Mærsk A/S upgrades EBITDA expectation for 2019
12:50 Marine Recruiting Agency trained 1,344 specialists for port and construction segments in 9M’19, up 14% YoY
12:28 DP World reports 1.1% gross like-for-like volume growth in 3Q 2019
12:26 ESPO congratulates port of Barcelona, Vigo and Baku for getting EcoPorts’ environmental management standard
12:01 Cook Islands, Sao Tome and Principe accede to Cape Town Agreement, 46 declare support
11:45 MPSV12 project vessel "Bahtemir" took part in emergency response exercises in the Gulf of Finland
11:22 3rd “LNG Fleet and LNG Bunkering in Russia” conference kicks off in Moscow
11:13 Bio-based welding-gas production facility to open in the port of Amsterdam
10:44 CMA CGM announces PSS for cargo from Europe and the Mediterranean to Australia and New Zealand
10:20 BLRT Grupp’s Noblessner Homeport project wins in “Best Development Project of 2019” nomination
09:56 Poland's first training centre for port staff opened at the Port of Gdansk
09:33 Brent Crude futures price is down 0.22% to $58.83, Light Sweet Crude – fell by 0.26% to $53.37
09:18 Baltic Dry Index is down to 1,846 points
08:31 MABUX: Bunker Market this morning, Oct 22

2019 October 21

18:25 Navios Acquisition announces $15 mln offering of common stock
18:02 Temasek subsidiary plans to acquire 30.55% of shares in Keppel
17:50 Two LNG-powered Sovcomflot tankers successfully completed voyages along Northern Sea Route
17:36 Anglo-Eastern signs Cyber MOU with Naval Dome
17:13 Guard ship "Yaroslav Mudry" of RF Navy’s Baltic Fleet made business call in Limassol
17:05 Blockchain and DNA-based marine fuels tracking solution BunkerTrace goes live
17:02 Castor Maritime announces vessel acquisition