The FSG Flensburg Shipyard is Reborn

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The execution of the purchase agreement has taken place as scheduled: several companies belonging to Tennor Holding have taken over 350 employees of the Flensburger Schiffbau-Gesellschaft (FSG) as well as the assets of the shipyard within the scope of a transferable restructuring as of 1 September, 2020.

In order to continue the restructuring process started in the insolvency proceedings, the new managing directors Stefan Kindler and Tarek Malak, who were seconded by Tennor Holding, will further build up the organization.

By the winter of 2020, the management of the Flensburger Schiffbau-Gesellschaft will be placed in the hands of a management team with years of experience. The talks are already well advanced. Their task will be to give the FSG a strategic orientation and to win further shipbuilding contracts in order to fill the shipyard on the Flensburg Fjord with civil and military newbuildings


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Sustainable Inland Waterways Project in The Stockholm Region

Ports of Stockholm, Hutchison Ports Stockholm, Mälarhamnar and Wallenius Marine have built a unique partnership to launch inland shipping between Stockholm Norvik Port and the strategically positioned Mälarhamnar ports of Västerås and Köping.

Ports of Stockholm’s all-new freight port, Stockholm Norvik Port, opened in May in a location that offers new opportunities for efficient and sustainable transportation in the expanding Stockholm and Mälardalen region.


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French Government Vows to Save Brittany Ferries

The French Government is looking at possibilities to help  Brittany Ferries: exemptions from social contributions, increased support for training, the revival of tourism, possible additional authorized Covid-19 aid and eventually adjustment of the terms of the loan guaranteed by the State.

Port of Piraeus Among the First 100 Ports

According to Lloyd’s List data report, the Port of Piraeus gets the seventh place among the first hundred ports that achieved significant increases in their volumes %.

Furthermore, in 2019 the Port of Piraeus overshadowed the other Mediterranean ports, recording the highest increase (15.1%) and became the largest port in TEU terms in the region.

The Greek port ranked first on the Mediterranean top five ports for 2019, followed by Valencia, Algeciras, Tanger-Med and Barcelona.


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FLANDRIA SEAWAYS, fifth DFDS mega freight ferry from Jinling Shipyard, was delivered on September 1st.

She will set sail on Friday 4 September and reach Vlaardingen (via Singapore and Suez) in late September. She is expected to begin operating between Vlaardingen and Immingham on October 5.


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On August 29, HSW’s HELLENIC HIGHSPEED replaced the damaged EXPRESS PEGASUS on the Sitia-Kassos-Karpathos-Rhodes line.

The Italy-built vessel suffered a serious damage off the port of Kassos on August 24.

She had been introduced on the route on August 5. However, this unfortunate incident interrupted her service and her future is considered rather uncertain.