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China forecast soybean imports would fall next year thanks to work to cut soymeal’s use in the livestock sector in its first outlook for the upcoming 2025/26 crop year released on Monday. Efforts to reduce soymeal content in animal feed will lower consumption in the livestock sector and bring down imports next year, the report ...
https://www.hellenicshippingnews.com/china-forecasts-lower-soybean-imports-in-2025-26-on-plans-to-reduce-soymeal-use/Asian offshore wind farm developer Synera Renewable Energy has taken over a majority ownership of the 376MW Formosa 2 wind farm off Taiwan. Formosa 2 is the first offshore wind farm to achieve commercial operation among all projects in Taiwan’s second phase of offshore wind development. Synera is a founding shareholder and developer of Formosa 2 …
https://splash247.com/synera-takes-over-majority-stake-in-taiwanese-offshore-wind-farm/
https://splash247.com/synera-takes-over-majority-stake-in-taiwanese-offshore-wind-farm/Norwegian energy giant Equinor is considering terminating its 810MW Empire Wind wind farm off Long Island due to the Trump administration putting a halt to the construction of the project. Interior secretary Doug Burgum directed the US Bureau of Ocean Energy Management to stop Equinor from continuing construction of the project, stating that more time …
https://splash247.com/equinor-could-axe-wind-project-off-new-york-within-days/
https://splash247.com/equinor-could-axe-wind-project-off-new-york-within-days/Norwegian marine infrastructure provider Höegh Evi has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of the 2013-built Hoegh Gandria LNG carrier as an FSRU in Egypt. The FSRU unit, set to be converted from a 160,548-cbm LNG carrier to an FSRU, will be deployed in the …
https://splash247.com/hoegh-evi-signs-decade-long-fsru-charter-with-egas/
https://splash247.com/hoegh-evi-signs-decade-long-fsru-charter-with-egas/We are in danger of forgetting the faces behind our workforce as companies remain heavily focussed on compliance, writes Claudia Paschkewitz, Columbia Group’s director of sustainability and diversity. Regulatory compliance is a crucial aspect of the maritime industry that ensures the safety and efficiencies of crews and vessels. The last five years has seen a …
https://splash247.com/industry-must-not-lose-sight-of-human-factor-behind-new-regulations/
https://splash247.com/industry-must-not-lose-sight-of-human-factor-behind-new-regulations/Three days on from grounding off Jeddah, Saudi Arabia, the 7,000 teu MSC Antonia remains stuck in the Red Sea, with vessel tracking showing the ship was likely the victim of GPS jamming. Analysis from Windward, a maritime analytics firm, has highlighted the spoofing pattens that ended up with the ship aground near the Eliza …
https://splash247.com/msc-ship-aground-off-jeddah-likely-victim-of-gps-spoofing/
https://splash247.com/msc-ship-aground-off-jeddah-likely-victim-of-gps-spoofing/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/