Dear Readers,
It’s Thursday again and I am writing this from my native country of Denmark. I have a property here in my “hometown” of Grenaa, Denmark, I don’t rent it out so it’s just ready to stay in when I am here which happens a few times a year. It leads me to the topic this week of property – many know that having money in the bank is almost like a “waste of money” and we know that banks when making wrong decisions and lending millions to speculators, want the taxpayer to bail them out afterward.
Someone told me that a bank is a place that will lend you an umbrella when the sun is shining and then ask for it back when it’s raining. Property is good to have I suppose – I attended a seminar or expo recently in Stockholm and besides the usual suspects introducing “buy your property here…” in places such as Italy, Spain, France there was a new “kid” on the block, Montenegro. A small country north of Albania with an awesome Adriatic coastline. I visited there myself if you recall last year (Tivat, Kotor Bay). There is new investment going on through as renowned Swiss company called Orascom in case you are keen to invest or buy to rent out. Read more…
Finally, speaking of banks I heard that there is a new association that has seen the light of day – it’s called the parachute network and consists mainly of incompetent bank managers with a golden parachutes (irrespective of their performance)….I wonder how much they charge for the membership fee!
In today’s newsletter, we speak to an online platform for monitoring freight rates based in Oslo, Norway and then proceed to the beautiful country of Austria where project cargo is being handled too and we learn that there is more to the country than Mozart and skiing…
We round off today’s newsletter with our usual shipping and sector news, video and photo of the week, and wise words that we may take lessons from.
Wishing you a good read and, until next time, I remain,
Yours sincerely,
Bo H. Drewsen
bo.drewsen@projectcargo-weekly.com
Xeneta – Oslo, Norway
Interview with
Mr. Patrik Berglund
CEO
What kind of services do you provide in the today’s logistics market?
We provide subscription services to the most granular market intelligence you can find for containerized shipping – built on the world’s largest database of contracted rates.
TransOcean Shipping – Vienna, Austria
Interview with
Mr. Peter Czajkowski
Managing Director
You are based in Vienna, tell us how this is conducive to your business. Do you have offices elsewhere?
Yes, our headquarter is based in Vienna with branches in Germany (Hamburg, Düsseldorf, Munich), Czech Republic (Prague), Hungary (Budapest), Slovenia (Koper) and Serbia (Belgrade). Vienna used to be the gateway to eastern Europe but due to political failings, this position was weakened over the past years.
AAL Breaks Records For Major Australian Windfarm Project That Will Produce 200MW Of Power
AAL has successfully completed three sailings into Adelaide with 45 windmill blades, turbine generators and other related components on each sailing, destined for the new AGL Silverton Windfarm in the Barrier Ranges of New South Wales.
Transporting Tunnel Boring Machine Mary
With the National Grid being awarded the £100m contract to excavate a 5km tunnel under the River Humber, Fracht UK Projects appointed Collett & Sons to deliver the disassembled tunnel boring machine.
Renewables
First Group of Small Geothermal Power Modules to be Shipped to Iceland
With pre-conditions of the Climeon’s deal with Icelandic Heat power operator Varmaorka having been met, delivery of the first seen small geothermal power plant units can now begin. The deal includes up to 100 individual small-scale units of each around 150 kW power generation capacity. Read more…
Pulp & Paper
KapStone Paper and Packaging Expands Cowpens, South Carolina, Plant
KapStone Paper and Packaging Corporation, a leading North American producer of unbleached kraft paper and packaging products, is investing $6 million in new equipment at its facility in Cherokee County, South Carolina. Read more…
Marine Equipment
Hyundai Heavy Wins $58M Order to Build LPG Tanks in Nigeria
Hyundai Heavy Industries Co., the world’s largest shipbuilder by sales, said it has received a US$58 million order to build 15 bullet tanks for storing liquefied petroleum gas (LPG) for a Nigerian firm. Read more…
Plants & Processing
Sonnen to Establish Battery Factory in South Australia
Leading global battery and solar energy company sonnen will move its Australian headquarters from Sydney to Adelaide where it will also establish a manufacturing hub. Read more…
Merck to Invest €40 Million in Mumbai Centre
Science and technology company Merck will invest an additional €40 million to build a manufacturing and distribution platform in Asia over two years. Read more…
Chipolbrok Breakbulk Discharge in Qingdao, China
Interesting breakbulk cargo movement. Qingdao, China discharging of heavy paper making machinery by ships own gear direct from Chipolbrok vessel to waiting low bed trailer. Note the very little space available on the pier.
Hacklin Logistics and Freitan Projects Cooperate on a Project from Finland to South Africa.
The cargo will be delivered inland about 600km from the port.
https://hacklinlogistics.com / www.freitan.co.za
