Port logistics firm HHLA said on Wednesday the German government has cleared the purchase by China’s Cosco of a 24.9% stake in a container terminal in the sea port of Hamburg, amid a political row over Chinese investment in the German economy.A spokesperson for the German government said in a statement that Berlin had informed HHLA and Cosco that their reworked deal was compliant with a cabinet decision…
Germany's liquefied natural gas (LNG) terminal in the Elbe River port of Stade expects its first floating regasification vessel (FSRU) to arrive early on Friday, the state-appointed manager of regasification terminals, said on Thursday.Germany…
The first vessel carrying LNG for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.Private company Deutsche ReGas said that Energos Power, a floating storage and regasification unit (FSRU)…
Van Oord has been contracted by FSRU Wilhelmshaven, a joint venture between ENGIE and Tree Energy Solution (TES) to construct a Floating Storage and Regasification Unit (FSRU) jetty at Wilhelmshaven in Germany.Responsibility for the operation…
Germany's emerging liquefied natural gas (LNG) terminal in the Elbe river port of Stade expects its floating regasification vessel (FSRU) to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids, its management said on Wednesday…
Parts of the river Rhine in south Germany remained closed to shipping on Tuesday after heavy rain this month but falling water levels could lead to a reopening later on Tuesday, navigation authorities said.Rhine river shipping remains stopped around the chokepoint of Maxau in south Germany…
A German government-backed liquefied natural gas (LNG) terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.The quest for alternative…
Germany will almost halve planned capacity for liquefied natural gas (LNG) terminals in the Baltic Sea, a government source said, as Berlin revaluates its LNG needs given local resistance and an easing of energy bottlenecks.Two floating LNG…
Germany's liquefied natural gas (LNG) terminal project at Stade said it would in the coming weeks begin testing market appetite for ammonia as a way to transport hydrogen, as the country's efforts to end reliance on Russian pipeline gas gather pace…
Germany's only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 billion to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas.Europe's…
S5 Agency World (S5) signed a contract with Deutsche ReGas to act as terminal agent at its new Deutsche Ostsee LNG terminal at Lubmin Port, on Germany’s Baltic Sea coast. The new LNG terminal will process LNG imports into Germany and has a regasification apacity of up to 5…
German logistics firm HHLA and Cosco are close to finalizing an agreement for the Chinese shipping giant to take a stake in a terminal at Hamburg's port, HHLA said on Friday.'We can confirm that... it has been possible to agree on concrete conditions…
The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor)…
Germany may allow China's Cosco to take a smaller stake than originally planned in a Hamburg port terminal, in what an economy ministry source on Tuesday described as an 'emergency solution' to approve the deal but mitigate the impact.Shipping…
The European Commission warned the German government last spring not to approve an investment by China's Cosco into Hamburg's port, German daily Handelsblatt reported on Friday, citing sources.Shipping giant Cosco last year made a bid to take…
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