• 2020 January 13 10:21

    Svenska Orient Linien becomes new majority owner in Scanlog

    Svenska Orient Linien, SOL, becomes new majority owner in the Swedish logistics company Scandinavian Logistics Partners, Scanlog. Until now, the shipping company has had a 20 percent holding in the company, but now it is expanding its ownership to just over 50 percent, the company said in its release.

    “With SOL, Scanlog gets a strong majority shareholder who can help us continue our rapid growth. SOL taking this step shows that they believe in us, and we see that as a mark of quality”, says Mathias Wideroth, Chairman of the Board Board and founder of Scanlog.
     
    Scanlog is also looking forward to SOL contributing its expertise to the company’s development. With two board members from the logistics industry and a solid knowledge of maritime transports, it’s easy to see that the new majority owner has much to contribute. From SOL’s perspective, there are also obvious benefits from the ownership in Scanlog:

    “We’re aware of the fact that a number of our customers want logistics suppliers who have the ability and the skills to deliver door-to-door logistics services,” says Michael Kjellberg, Chairman of the SOL Board. “We’ve not been selling that service because we focus on quay to quay, but now we’re looking forward to the opportunity of also assisting our customers with requests for multimodal transports via Scanlog.”

    The motivating forces behind SOL’s decision to expand its stake in Scanlog from 20 to just over 50 percent were the companies’ common commitment to sustainability and that both companies place a focus on customers and their cargo, rather than the transport mode itself.

    The sustainability perspective is extremely important for both organisations. Many companies have come a long way in their own environmental work and in recent years transportation has been the focus. Scanlog’s business model is based on Responsible Logistics – increased cost efficiency, reduced environmental impact and responsibility for quality of delivery.

    Examples of this are Scanlog’s work to optimise transport routes, capacity utilisation and means of transport, and this has made Scanlog a rail freight operator of significance. Scanlog also carbon offsets all air freight free of charge for its customers.

    SOL has also made major investments in sustainable transportation earlier in the year through its 50 percent stake in the start-up shipping company WALLENIUS SOL. The new shipping company will transport cargo in the Baltic Sea region by 2021 with some of the world’s most modern ice-classed LNG-powered vessels. The new vessels will reduce greenhouse gas emissions by 60 percent and fuel consumption by 50 percent per transported unit.

    About SOL and Scanlog

    Svenska Orient Linien AB is a privately owned shipping and logistics group (SOL) with operations including regular bulk vessel services between Scandinavia and the Baltics to North Africa and the Eastern Mediterranean. SOL also offers project loads and military transport and is a Tonnage supplier through the subsidiary TransProCon. Together with Wallenius Lines, SOL also owns the shipping company WALLENIUS SOL, which operates a line service from the Gulf of Bothnia to and from northern Europe and the UK. Technical and crew management is provided through the 50 percent owned company, AdMare Shipmanagement. The SOL Group has a turnover of approximately SEK 1.2 billion and is headquartered in Gothenburg.

    Scandinavian Logistics Partners AB is a Swedish-owned logistics company specialising in international rail, sea, road and air transport. Scanlog has some forty employees in four offices in Sweden, and a turnover of approximately SEK 400 million. The company was named a Gazelle company by Dagens Industri in 2017, 2018 and 2019. Scanlog is environmentally and quality certified according to ISO.




2020 February 28

09:21 MABUX: Bunker market this morning, Feb 28
09:14 Baltic Dry Index is down to 529 points
08:32 CMA CGM announces PSS for cargo from North Europe to Asia

2020 February 27

18:05 European yards specify Thordon System as standard for deck machinery
17:48 IMO's GloFouling Partnership project tackles problem of invasive aquatic species in Sri Lanka
17:29 Tallink Grupp reports nearly 25% higher net profit for the full financial year 2019
17:05 AquaTerra acquires Subsea Engineering and Technical Services
16:51 Zelenodolsk Shipyard named after A.M. Gorky laid down passenger ship Chaika LNG
16:35 Vale clarifies incident with contracted vessel
16:04 NYK Cruises to cancel cruises due to coronavirus
15:30 Average physical depreciation of Rosmorport’s berthing facilities is 24%
15:07 National Association of Shipping Agencies addresses FAS over plans on multiple increase of port dues in Russia
14:56 Arbitration award related to purchase options for four VLCCs on charter to Okeanis ECO Tankers
14:43 ASCO strengthened preventive measures against coronavirus
14:19 ASCO takes necessary precautionary measures to prevent environmental damage
13:55 Rotterdam to host ACI’s 24th Ballast Water Management Conference on 7-8 April 2020
13:53 Ørsted signs 20-year lease with Port of Taichung for Greater Changhua offshore wind farms
13:34 Vysotsk VTS obtains Certificate of Conformity
13:12 Xeneta container rates alert: long-term contracted rates hold despite Coronavirus chaos
12:56 Certificate of Conformity obtained for Ust-Luga VTS
12:33 Finnlines published its 2019 Financial Statements and Financial Review
12:10 A.P. Moller - Maersk links new $5.0bn revolving credit facility to its CO2 performance
11:52 Port of Gdynia seeks opportunities for further development
11:28 Rosmorport’s Murmansk Branch performed pilotage of Capesize vessel
11:04 Rosmorport to complete dredging under NOVATEK’s project in Petropavlovsk-Kamchatsky by April 2021
10:41 3rd Technical Conference "Modern Solutions for Hydraulic Engineering" kicks off in Moscow
10:35 Ships of RF Navy’s Baltic Fleet continue performing planned training as part of its long-distance campaign
10:16 Port of Oakland debt ratings affirmed by Fitch
10:13 Brent Crude futures price is down 1.52% to $51.99, Light Sweet Crude – fell to 1.54% to $47.98
09:56 Hydrographic Department to dredge about 20 million cbm of material on Sabetta’s seaway canal in 2020
09:34 Marine Recruiting Agency LLC trained 1,957 specialists in 2019, up 2.6% YoY
09:32 MABUX: Bunker market this morning, Feb 27
09:15 Baltic Dry Index is up to 517 points

2020 February 26

18:37 Royal IHC to supply integrated power cablelay spread
18:01 Chartwell Marine announces sponsorship agreement with Alan Roberts Racing in the lead up to the 2020 racing season
17:29 Keppel delivers world’s fastest brownfield FPSO modification project
17:26 Busan Port Authority and Samsung SDS signed a contract to operate a logistics center in Rotterdam, Netherlands
17:00 Smart Maritime Council announces support for shipboard machinery data standard
16:23 Damen DOP ensures new approach to dredging – expert opinion
16:00 FSUE Rosmorport to dredge 18.4 million cbm of material in 2020
15:36 Yamal LNG reaches thirty million tons milestone
15:12 MHI-MME receives retractable fin stabilizer orders for two luxury expedition vessels being built by Helsinki Shipyard
14:55 Contract signed for extension of Świnoujście LNG Terminal
14:34 Rosmorrechflot to have 20 dredgers built at Lotos shipyard by 2030
14:12 Kongsberg Maritime wins 300 MNOK contract to equip four new cruise vessels
13:55 EU NAVFOR Somalia supports Djiboutian Coast Guard
13:33 Belarusian-Latvian cooperation in multimodal cargo transportation via Latvian ports discussed in Riga
13:10 Global Offshore announces new addition to its cable installation fleet
12:51 Rosmorport announces tender for dredging on access canal of Temryuk port
12:28 PortNews Media Group and Shipbuilding Cluster of Arkhangelsk Region sign agreement on cooperation
12:10 Contship Italia confirms operational continuity at Group's maritime and intermodal terminals amidst SARS-CoV-2 outbreak
12:07 Milaha reports a 6% increase in net profit for full year 2019
11:29 BIMCO, ICS, INTERCARGO and INTERTANKO launch survey to identify fuel oil issues
11:01 Seaspan agrees to purchase a fleet of four containerships
10:48 Viesturs Zeps elected Chairman of Freeport of Riga Board, Pavels Rebenoks elected Deputy Chairman
10:21 3rd Hydraulic Engineering Structures and Dredging Congress kicks off in Moscow
10:17 MABUX: Bunker market this morning, Feb 26
10:06 GTT receives an order from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of two new LNG Carriers
09:59 First dredger with ultra-low emissions has arrived in Belgium
09:54 Novorossiysk Commercial Sea Port to invest RUB 108.4 billion in development till 2029