CJ Selecta sale to Bunge canceled
South Korea’s CJ CheilJedang retaining Brazilian soy crusher
Reaction
(0)
No comment yet.
Sign up to comment
Oil Spill in Mississippi Delta Marshland Continues
The response to the ongoing oil spill in the Pass a Loutre area of the Mississippi Delta has grown into a major operation, according to the U.S. Coast Guard.
Pakistan claims 'credible intelligence' India is planning an imminent military strike
India has accused Pakistan of supporting militants behind an attack in Kashmir that killed 26 tourists.
US issues further sanctions against Iran
Yesterday, the US imposed sanctions on seven entities engaged in Iranian petroleum products and petrochemical products trade as well as identifying two vessels as blocked property.
Baltic Index Falls On Lower Demand Across Vessel Segments
The Baltic Exchange’s dry bulk sea freight index fell on Wednesday as all vessel segments recorded losses. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was down 12 points to 1,386.
Coast Guard Finds Undeclared Hazmat and Stolen Cars at Port of NY & NJ
The Coast Guard and U.S. Customs and Border Protection are increasing their scrutiny of containers at the Port of New York and New Jersey, and have begun to focus on undeclared hazardous materials in the cargo - including export cargo.
ISA Chief Warns That Unlicensed Deep Sea Mining Ores May Be Hard to Sell
The head of the UN's International Seabed Authority has panned the Trump administration's unilateral licensing program for subsea mining outside of the boundaries of the U.S. exclusive economic zone, and warned that there could be problems in selling the products or securing rights to the resource.
Chinese Firm Launches High Speed, Submersible, Autonomous Research Boat
A Chinese autonomous tech company has launched what may be the world's fastest research vessel - the Blue Whale, a high speed unmanned craft with a unique set of features.
Three Workers Killed in Scaffold Collapse at Port Arthur LNG Terminal
On Tuesday, a scaffold collapsed on a tank under construction at an LNG export terminal in Texas, killing three men.
New Docks Nearing Completion, Delivery to Grand Bahama Shipyard
After years of planning, the Grand Bahama Shipyard on Freeport in the Bahamas is preparing for the arrival of its two new large dry docks.
COSCO and Seaspan Place Large Orders Despite Threat of U.S. Port Fees
While the threat of U.S. port fees for Chinese-built ships continues to loom, it does not appear to have changed the orders of several major operators.
Understanding the IMO’s Net-Zero Framework
As the International Maritime Organization (IMO) releases more detail on its forthcoming Net-Zero Framework—set to take effect in 2027 assuming it is adopted in 2025—it’s becoming increasingly clear that complexity will be one of its defining features.
Wallenius Wilhelmsen acquires remaining shares in Armacup
Wallenius Wilhelmsen has acquired the remaining shares in New Zealand shipping concern, Armacup, bringing the shareholding percentage from 65% to 100%.
Mediterranean ECA starts
Today sees the Mediterranean Sea officially become an emission control area (ECA) for sulphur oxides (SOx).
Euroseas spinoff exploring strategic options including sale
Euroholdings, a Nasdaq-listed spinoff and subsidiary of Greek containership owner Euroseas, has initiated a search for strategic options for its business.
A call to action for maritime employers
Mark Charman, CEO and founder of Faststream Recruitment, provides readers with insights from his company’s latest Global Ship Operators Employment Report.
Ningbo Ocean Shipping readies newbuild investments
Ningbo Ocean Shipping Co (NBOSCO) has revealed a fleet expansion plan, which is expected to see four newbuildings added to its fleet.
New rig deals boost Valaris backlog to $4.2bn
New York-listed offshore driller Valaris has been awarded new deals for its rigs, increasing the company’s backlog to approximately $4.2bn.
SBM Offshore to install BP's Gulf of Mexico production unit
Dutch floater expert SBM Offshore has signed a contract with UK-based supermajor BP for the wet tow and installation of the Kaskida semi-submersible floating production unit (FPU).
Ørsted sells stake in UK offshore wind farm for $600m
Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat.
Rosetti Marino gets UK CCS gig from Eni worth north of $340m
Italian fabricator and shipyard Rosetti Marino has been awarded an offshore EPC contract on the Liverpool Bay CCS project in the North Sea by compatriot Eni.
Sallaum Lines Selects Inmarsat NexusWave to Drive Fleetwide Digitalisation
Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a leading Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully managed bonded connectivity service, making it an early adopter in region.
Shipping Halted in Antwerp as Unions Renew Strikes Against Government
The Port of Antwerp is reporting that disruptions caused by a strike against the government have continued to mount today with no ocean or inland ships moving from the port which emerged last month as the busiest in Europe.
Hanwha Ocean investing $451m for shipyard expansion
The South Korean shipyard formerly known as Daewoo Shipbuilding & Marine Engineering (DSME) is set to expand its facilities fuelled by a 388% surge in first-quarter operating profit and an extensive orderbook that stretches well into the end of the decade.
Greener Reefers Could Cut 3.74 million tons CO₂e and Reduce Energy Use by 20%
A full transition to greener refrigerated containers (“reefers”) could reduce greenhouse gas emissions by up to 3.74 million tons of CO₂-equivalent per year, according to a new White Paper developed by the Kuehne Climate Center and GIZ.
