Day: May 13, 2025

Höegh Evi signs decade-long FSRU charter with EGAS

Energy News Beat Höegh Evi 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, […]

What’s shaping the grain trades this year?

Energy News Beat Dry Cargo 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 […]

MSC ship aground off Jeddah, likely victim of GPS spoofing

Energy News Beat MarineTraffic / Ash Martin 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 […]

Rodolphe Saadé takes stake in French cinema giant

Energy News Beat ContainersEurope 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 […]

Hanwha Ocean ditches Chinese JV yard

Energy News Beat Hanwha Ocean 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 […]

Industry must not lose sight of human factor behind new regulations

Energy News Beat 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 […]