Two Small Towns in Germany Vie to Make Trump’s LNG Dream a Reality

By Brian Parkin and Anna Shiryaevskaya (Bloomberg) -- Downstream from Hamburg, two small Elbe River ports are competing to build Germany’s first liquefied natural gas import terminal and help shake up Europe’s biggest gas market. Hugging opposite banks of the river before it arcs into the North Sea, Stade and Brunsbuettel are battling for federal approval and hundreds of … [Read more...]

Cybersecurity and Training Needs Inflate Cost of Germany’s MKS 180 Warships Even More

BERLIN, Sept 17 (Reuters) - A need for more cybersecurity features and plans for a training facility have driven up the projected cost of Germany's new multi-purpose MKS 180 warship programme by 700 million euros to around 5.2 billion euros ($6.1 billion), the Defence Ministry said on Monday. The projected cost had already been raised by 500 million euros last year. A … [Read more...]

Germany’s Uniper Says in Talks on Wilhelmshaven LNG Terminal

By Vera Eckert and Tom Käckenhoff FRANKFURT/DUESSELDORF, Sept 17 (Reuters) - German utility Uniper is ready to import liquefied natural gas (LNG) into the country and distribute it should a terminal be built at Wilhelmshaven, close to its storage facilities, board member Keith Martin told Reuters in an interview. Martin said the company is in talks with a number of parties … [Read more...]

Plan Underway to Subdue Russian Gas With German LNG Terminal

By Anna Shiryaevskaya and Brian Parkin (Bloomberg) -- The old trading city of Hamburg in northwest Germany will soon become the center for a drive in Europe’s biggest economy to diversify natural gas imports. Three partners are forging plans to build a terminal for liquefied natural gas on the shores of the River Elbe, not far from an old nuclear reactor that’s fallen victim … [Read more...]

Bulk Carrier Goes Aground During Deadly Storm in Germany

BERLIN, Oct 30 (Reuters) - Shallow waters off a North Sea island complicated efforts on Monday to dislodge a large freighter that ran aground as Germany began cleaning up after a storm that killed at least six people there and in Poland and Czech Republic. Railway operator Deutsche Bahn continued to deal with "significant damage" from downed trees on some rail routes. … [Read more...]