CP Ships adds CCAL

EST-Floattech’s Green Orca Energy High Energy Storage system has been approved by the Norwegian Maritime Authority

Subject to approval by Norway’s competition authorities, Samskip has agreed with the DSD Group to acquire the activities of Nor Lines AS

The NOK2.6B (€296M)1700m long Stad Ship tunnel will provide an underground shortcut through the Stad Peninsula

The Norwegian Competition Authority (NCA) has prohibited the proposed acquisition of Nor Lines by Icelandic group Eimskip.

The three vessels, time-chartered to Stora Enso, are further acquisitions by Swedish Orient Line from the Rederi TransAtlantic fleet

In a move designed to strengthen its position in Norway and to compete more effectively with arch rival Samskip in this market, Iceland-based Eimskip Ltd is to acquire Stavanger-headquartered Nor Lines.