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China’s soybean imports from Brazil surged 37.5% in May from a year earlier, data showed on Friday, as buyers scooped up South America’s bumper crop, while supplies from the United States also rose 28.3%. The world’s biggest soybean buyer imported 12.11 million metric tons of the oilseed from Brazil last month, compared with 8.81 million ...
https://www.hellenicshippingnews.com/chinas-may-soybean-imports-from-brazil-jump-37-5-y-y/
https://www.hellenicshippingnews.com/chinas-may-soybean-imports-from-brazil-jump-37-5-y-y/French crew transfer vessel (CTV) player TSM Windcat has secured long-term contracts for two of its hydrogen-ready units. The partnership between TSM Group and Windcat, part of Antwerp-based shipping and logistics giant CMB.TECH will provide the CTVs to Les Éoliennes en Mer Services, a consortium of Ocean Winds, Sumitomo Corporation, and Caisse des Dépôts. The …
https://splash247.com/tsm-windcat-bags-contracts-for-ctv-pair/
https://splash247.com/tsm-windcat-bags-contracts-for-ctv-pair/Former platform supply vessel (PSV) investment outfit Standard Supply has transitioned to the cryptocurrency market. The Oslo-listed company has rebranded as StandardCoin and announced a $5m investment in bitcoin. Earlier this month, StandardCoin, backed by prominent Norwegian investor Øystein Stray Spetalen, revealed it will be shifting its focus to digital assets after closing the chapter …
https://splash247.com/former-psv-outfit-standard-supply-dives-into-crypto-as-standardcoin/
https://splash247.com/former-psv-outfit-standard-supply-dives-into-crypto-as-standardcoin/Japanese shipping major Nippon Yusen Kaisha (NYK) is buying Kadmos, a global end-to-end maritime salary payments platform founded four years ago in Germany. In 2019, NYK established MarCoPay in Manila as a financial services platform. MarCoPay has since evolved to offer loans and insurance designed to support the well-being of Filipino seafarers and their families. …
https://splash247.com/nyk-buys-german-crew-payment-platform/
https://splash247.com/nyk-buys-german-crew-payment-platform/Dutch reefer specialist Seatrade has placed a newbuilding order for a series of up to eight 2,800 teu vessels at Huanghai Shipbuilding in China. The initial contract covers two firm vessels scheduled for delivery in 2027, with options for six additional ships. Financial terms have not been disclosed. The Groningen-based firm is listed with ten …
https://splash247.com/seatrade-books-2800-teu-newbuild-series/
https://splash247.com/seatrade-books-2800-teu-newbuild-series/West Africa Gas is expanding its fleet with a pair of very large ammonia carrier (VLAC) newbuilds in South Korea. The joint venture between Nigeria’s state oil company, the Nigerian National Petroleum Corporation (NNPC), and Sahara Group has contracted 93,000 cu m vessels at HD Hyundai Heavy Industries with delivery from the flagship Ulsan yard …
https://splash247.com/west-africa-gas-inks-vlac-orders-in-south-korea/
https://splash247.com/west-africa-gas-inks-vlac-orders-in-south-korea/HD Hyundai has entered into a strategic partnership with an American shipbuilder. South Korea’s largest shipbuilder will work with Edison Chouest Offshore (ECO) to get mid-sized LNG dual-fuel containerships built in the US by 2028. ECO operates five shipyards across the US and is best known for its production of offshore support vessels. HD Hyundai …
https://splash247.com/edison-chouest-offshore-to-build-boxships-with-hd-hyundai/
https://splash247.com/edison-chouest-offshore-to-build-boxships-with-hd-hyundai/Shandong Marine Group has swelled its orderbook of very large ore carriers (VLOCs) at Qingdao Beihai Shipbuilding. The Chinese state-run shipping firm has contracted for ten 325,000 dwt guaibamax units to take its newbuilding series booked at the yard to 16 vessels. In December 2023, Shandong Marine signed a contract to build four VLOCs, with …
https://splash247.com/shandong-marine-signs-for-10-vloc-newbuilds/
https://splash247.com/shandong-marine-signs-for-10-vloc-newbuilds/The cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership and gas carrier earnings managed by Clarksons Research, hit a new high for 2025 on Friday, ahead of the decision by the US to strike Iran, something that will likely see the index, seen as a key shipping barometer, climb higher this week. …
https://splash247.com/clarksea-index-hits-year-high-ahead-of-american-strikes-on-iran/
https://splash247.com/clarksea-index-hits-year-high-ahead-of-american-strikes-on-iran/Shipping stock prices surged in Asia today on the back of the fast-escalating geopolitical crisis in the Middle East, with Iranian politicians threatening to shut down the Strait of Hormuz after US airstrikes on key nuclear sites. Iran’s parliament has voted to block the Strait of Hormuz, a move that would need final approval from …
https://splash247.com/us-airstrikes-on-iran-spark-memories-of-previous-tanker-wars/
https://splash247.com/us-airstrikes-on-iran-spark-memories-of-previous-tanker-wars/