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CMA CGM head Rodolphe Saadé’s sprawling media empire has another marquee brand. Merit France, Saadé’s family holding, has taken a 20% stake in French cinema giant Pathé for an undisclosed sum. “Welcoming the Saadé family as a partner will accelerate the growth and modernisation of Pathé. It will also allow us to continue working with the …
https://splash247.com/rodolphe-saade-takes-stake-in-french-cinema-giant/
https://splash247.com/rodolphe-saade-takes-stake-in-french-cinema-giant/South Korean shipbuilding major Hanwha Ocean is putting some distance between itself and China, a nation very much in the crosshairs of the Donald Trump administration in the US. Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, has announced it will dissolve an offshore joint venture its recently acquired Singapore yard, Dyna-Mac, operates …
https://splash247.com/hanwha-ocean-ditches-chinese-jv-yard/
https://splash247.com/hanwha-ocean-ditches-chinese-jv-yard/The demand outlook for the coming 12 months, and opportunities arising from geographic and geopolitical changes were under the microscope at the Agri-commodities session moderated by Maryana Yarmolenko Stober, the president of WISTA Switzerland, at this year’s Geneva Dry summit. Pierre-Francois Mahieu, a global wheat trader with Olam, told delegates he was expecting a recovery …
https://splash247.com/whats-shaping-the-grain-trades-this-year/
https://splash247.com/whats-shaping-the-grain-trades-this-year/The 90-day tariff ceasefire between the world’s top two economies could see covid era surges in shipments and box freight rates, one leading analyst has suggested. The US and China have agreed to slash reciprocal tariffs by 115% for the next 90 days. Now the US tariff on China is at 30%, whilst the Chinese …
https://splash247.com/tariff-truce-tipped-to-usher-in-covid-era-uptick-in-box-fortunes/
https://splash247.com/tariff-truce-tipped-to-usher-in-covid-era-uptick-in-box-fortunes/Columbia Group has announced a series of senior leadership appointments to its executive team as part of its continued transformation into an integrated global maritime services platform.The move sees Demetris Chrysostomou appointed as CEO Asia Region…
https://www.marinelink.com/news/columbia-group-announces-clevel-525645
https://www.marinelink.com/news/columbia-group-announces-clevel-525645ClassNK has released the “Guidelines for Safety Operation for Ammonia-Fueled Vessels” to ensure safe operation on board ammonia-fueled vessels.The introduction of alternative fuel vessels is approaching 40% of the total on an order basis and is expected to increase further in the future…
https://www.marinelink.com/news/classnk-releases-ammonia-guidelines-525646
https://www.marinelink.com/news/classnk-releases-ammonia-guidelines-525646On May 12, at the 14th meeting of the Arctic Council, representatives from the eight Arctic States and six Permanent Participant organizations met virtually to conclude Norway’s two-year chairship and mark the beginning of Denmark’s chairship.During the meeting…
https://www.marinelink.com/news/denmark-becomes-chair-arctic-council-525647
https://www.marinelink.com/news/denmark-becomes-chair-arctic-council-525647Scandlines has announced its financial results for the year ending December 31, 2024, delivering steady revenue, improved efficiency, and continued investment.In a year characterized by macroeconomic challenges across key markets, Scandlines…
https://www.marinelink.com/news/scandlines-reports-robust-results-525648
https://www.marinelink.com/news/scandlines-reports-robust-results-525648The US Coast Guard has streamlined the process for foreign ships to be certificated under the American Registry by consolidating the process under a single program based on international standards.The move is not expected to impact safety, and…
https://www.marinelink.com/news/us-coast-guard-simplifies-registry-525650
https://www.marinelink.com/news/us-coast-guard-simplifies-registry-525650One of the world’s most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay in Namibia, while en route to a field offshore Angola.The brief stopover…
https://www.marinelink.com/news/agogo-fpso-reach-azule-energys-field-off-525655
https://www.marinelink.com/news/agogo-fpso-reach-azule-energys-field-off-525655