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Category: France

  • CMA CGM fills gap between Japan and Europe

    CMA CGM fills gap between Japan and Europe France’s CMA CGM is filling a gap linking the world’s third largest economy with the continent of Europe, launching Ocean Rise Express (OCR), a new weekly direct service linking Japan and South China straight to North Europe, offering what the carrier says are the best transit times…

  • TotalEnergies hires Havila Shipping platform supplier

    TotalEnergies hires Havila Shipping platform supplier Norwegian OSV owner Havila Shipping has secured a contract for one of its platform supply vessels (PSVs) with French energy giant TotalEnergies. According to an Oslo Børs filing, TotalEnergies’s Norwegian arm hired the Havila Herøy platform supplier for a period of 136 days. Havila Shipping added in the statement…

  • France plans 250 MW tidal energy rollout by 2030 in new energy strategy

    France plans 250 MW tidal energy rollout by 2030 in new energy strategy The French Government is planning to have 250 MW of tidal energy capacity awarded […] The post France plans 250 MW tidal energy rollout by 2030 in new energy strategy appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Signal Ocean snaps up AXSMarine

    Signal Ocean snaps up AXSMarine Signal Ocean has made a move to tighten its grip on shipping data and software, announcing the acquisition of French-based SaaS specialist AXSMarine. The deal brings together two well-known names in freight, market and commodities tracking, and underlines Signal Ocean’s plan to speed up product development and deepen its role…

  • French navy boards false-flagged Russian aframax

    French navy boards false-flagged Russian aframax French naval forces boarded and diverted the aframax tanker Grinch in the western Mediterranean yesterday after president Emmanuel Macron ordered an interception of what he described as a “false‑flagged” sanctioned vessel carrying Russian crude. In a post on X, Macron stated the operation was conducted on the high seas…

  • Marseille-Fos maps out $1.5bn expansion through 2029

    Marseille-Fos maps out $1.5bn expansion through 2029 France’s biggest port has unveiled an investment plan of unprecedented scale as Marseille-Fos races to secure a stronger foothold in the Mediterranean container market. The new 2025–2029 strategic blueprint, approved this week, calls for up to €1.3bn ($1.5bn) in spending — triple the previous five-year cycle — as…

  • CMA CGM and AD Ports push ahead with Khalifa port terminal expansion

    CMA CGM and AD Ports push ahead with Khalifa port terminal expansion France’s CMA CGM Group and Abu Dhabi’s AD Ports have agreed to expand their joint container terminal at Khalifa Port, less than a year after the facility opened, driven by stronger-than-expected demand. CMA Terminals Khalifa Port — owned 70% by CMA CGM and…

  • AD Ports buys into Syria’s Latakia terminal in CMA CGM deal

    AD Ports buys into Syria’s Latakia terminal in CMA CGM deal AD Ports Group has struck a deal with France’s CMA CGM Group to acquire a 20% stake in Latakia International Container Terminal (LICT), Syria’s main container facility, for AED 81m ($22m). Under the agreement, the Abu Dhabi-based ports and logistics group will join CMA…

  • China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes

    China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes China and France have put pen to paper on an agreement to establish a […] The post China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • CMA CGM plots expansion in Saudi Arabia with $450m Jeddah terminal JV

    CMA CGM plots expansion in Saudi Arabia with $450m Jeddah terminal JV French shipping and logistics group CMA CGM has taken another step to expand its terminal footprint in the Middle East, signing a term sheet with Saudi Arabia’s Red Sea Gateway Terminal (RSGT) for a potential joint venture to build and operate Terminal 4…

  • Sogestran orders two new bunker tankers in China

    Sogestran orders two new bunker tankers in China France’s Sogestran Group is upgrading its bunker tanker fleet with an order for two new vessels at China Merchants Industry Yangzhou Dingheng Shipyard. The deal, which extends a long-standing partnership between its subsidiary Maritima with Petroineos in southern France, covers 4,500 cu m newbuilds set to replace…

  • CMA CGM turns to India for six feeder newbuilds

    CMA CGM turns to India for six feeder newbuilds France’s CMA CGM has signed a letter of intent with Cochin Shipyard Ltd (CSL) to build six LNG-powered feeder containerships, marking the first-ever order by a global liner operator at an Indian yard. The 1,700 teu vessels are valued at around $300m in total. A formal…

  • Shadow tanker accused of being Europe’s drone mothership

    Shadow tanker accused of being Europe’s drone mothership The Boracay, an 18-year-old Russian-linked tanker seized by French commandos off Brest this week, has been placed at the scene of up to nine drone incidents across northern Europe, according to a Daily Telegraph analysis of AIS tracking. The newspaper reports the vessel was within striking distance…

  • Spain-headquartered Asterion comes on board France’s largest LNG terminal

    Spain-headquartered Asterion comes on board France’s largest LNG terminal On a European footprint expansion quest, Madrid-headquartered Asterion Industrial Partners, an investment management firm, has enlarged its energy portfolio with the acquisition of an interest in a liquefied natural gas (LNG) terminal, described as not only France’s largest LNG receiving and regasification facility, but also one…

  • Bourbon lines up newbuilds for ExxonMobil in Angola

    Bourbon lines up newbuilds for ExxonMobil in Angola French OSV owner Bourbon has strengthened its long-standing relationship with ExxonMobil in Angola with a five-year charter for newbuild crew transfer vessels. The deal will see Bourbon Mobility deliver tailor-made 34-m crewboats to shuttle personnel between Soyo and Block 15, located around 80 miles offshore. The new…

  • CMA CGM invests in US bio-LNG supplier

    CMA CGM invests in US bio-LNG supplier French liner giant CMA CGM is making a strategic minority investment in US-based Vanguard Renewables through its energy fund PULSE, securing long-term access to volumes of renewable natural gas (RNG). Vanguard, which runs anaerobic digesters powered by farm and organic waste, will dedicate up to four projects to…

  • Six new Bourbon vessels set to serve Eni’s FLNG projects in Congo

    Six new Bourbon vessels set to serve Eni’s FLNG projects in Congo French offshore vessel player Bourbon has inked a five-year contract with Eni for the renewal of its crewboat fleet with an order for six new vessels. The contract covers the charter of six new S200X-G2 units, scheduled to be commissioned progressively between June…

  • CMA CGM and TotalEnergies set up LNG bunker venture at Europe’s busiest port

    CMA CGM and TotalEnergies set up LNG bunker venture at Europe’s busiest port French liner giant CMA CGM has teamed up with compatriot energy major TotalEnergies to form an LNG bunkering services joint venture at the port of Rotterdam. As part of the 50/50 JV, the two companies will co-own and operate a new 20,000…

  • EDF delays French offshore wind farm commissioning by two years

    EDF delays French offshore wind farm commissioning by two years French energy major EDF has announced that the commercial commissioning of the Calvados offshore wind farm has been pushed back to late 2027. This will see the project commissioned more than two years after its original schedule. The project was previously set for start-up in…

  • Louis Dreyfus Armateurs sold to private equity

    Louis Dreyfus Armateurs sold to private equity One of the most famous names in French shipping has been sold to private equity. The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), has sold an 80% stake in the shipowner to Paris-headquartered InfraVia Capital Partners for an undisclosed sum in a deal that was first discussed…

  • France’s CO2 storage deal with Norway paving the way for common European CCS market

    France’s CO2 storage deal with Norway paving the way for common European CCS market Ministers of Norway and France have signed an agreement enabling cross-border transport and storage of CO2. The post France’s CO2 storage deal with Norway paving the way for common European CCS market appeared first on Offshore Energy. Dragana Nikše Go to…

  • Philippe Louis-Dreyfus passes away

    Philippe Louis-Dreyfus passes away One of the most famous names in French shipping has passed away. French shipowners’ association Armateurs de France has revealed that Philippe Louis-Dreyfus, a leading figure in international shipping and former president of the organisation, has died at the age of 80. He left a lasting mark on the shipping sector…

  • Wilson Sons to support TotalEnergies offshore oil production in Brazil

    Wilson Sons to support TotalEnergies offshore oil production in Brazil Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, has signed a new agreement with TotalEnergies to provide logistics support to oil production activities in the Lapa field off Brazil. The field is located in the pre-salt layer of the Santos Basin,…

  • Singapore’s Proteus teams with Symbio to bring automotive hydrogen fuel cell tech to shipping

    Singapore’s Proteus teams with Symbio to bring automotive hydrogen fuel cell tech to shipping A new hydrogen fuel cell system tailored for maritime applications has been unveiled by Singapore-based Proteus Energy in partnership with French hydrogen fuel cell specialist Symbio. The modular system, known as the Proteus Maritime Fuel Cell Solution, is intended for deployment…

  • CMA CGM signs $600m Vietnam box terminal deal

    CMA CGM signs $600m Vietnam box terminal deal France’s CMA CGM has penned an agreement with Saigon Newport Corporation (SNP) to develop a new $600m deepwater terminal in Haiphong, northern Vietnam. The deal covers the design, construction, and operation of the Lach Huyen terminals 7 and 8, located in Lach Huyen area in Haiphong. The…

  • CEVA launches new low-carbon ocean freight service

    CEVA launches new low-carbon ocean freight service CEVA Logistics, a part of French shipping group CMA CGM, has started a new low-carbon ocean freight service between France and Ivory Coast, leveraging marine biofuel and anticipating an 84% reduction in CO2 emissions compared to conventional ocean freight. The post CEVA launches new low-carbon ocean freight service…

  • Ocean Yield increases stake in French LNG player

    Ocean Yield increases stake in French LNG player Norwegian owner and sale and leaseback player Ocean Yield has increased its stake in France’s Geogas LNG. In July 2024, Ocean Yield took over interests from infrastructure fund CVC DIF, which held a 31% stake in Geogas LNG. This provided the company with an indirect economic interest…

  • Boxships back up across Northern Europe

    Boxships back up across Northern Europe Ports across Northern Europe are dealing with what broker Braemar describes as “serious congestion” right now.  In Antwerp, Braemar reported yesterday the yard is already at 96% capacity, and reefer plugs are overloaded at 112%. Nearly half the arriving ships are waiting for a berth, and there are 52…

  • CMA CGM buys into Egyptian inland port

    CMA CGM buys into Egyptian inland port French shipping and logistics giant CMA CGM has agreed to buy a 35% stake in Egypt’s October Dry Port (ODP). Officially launched in November 2023, ODP is Egypt’s first dry port and the first public-private partnership project in the Egyptian transport sector under the EBRD Green Cities program.…

  • France risks missing offshore wind target without policy reform

    France risks missing offshore wind target without policy reform France is currently on course to miss its offshore wind installation target unless permitting and a more favourable investment climate is created, a new research claims. The Institute for Energy Economics for Financial Analysis (IEEFA) claimed in its new paper that France has a very low…

  • Ingka, Oxan, and Avapa to develop two floating wind farms off Italy

    Ingka, Oxan, and Avapa to develop two floating wind farms off Italy IKEA owner Ingka Investments and French offshore wind developer Oxan Energy have partnered with Avapa Energy on two floating offshore wind development projects in Italy. The projects have the potential to reach a total installed capacity of 2.45GW. The two offshore wind projects…

  • Hapag-Lloyd’s ports arm takes over terminal in Le Havre

    Hapag-Lloyd’s ports arm takes over terminal in Le Havre Hapag-Lloyd’s terminal and infrastructure division Hanseatic Global Terminals (HGT) has acquired a 60% stake in CNMP (Compagnie Nouvelle de Manutentions Portuaires), operator of Atlantique container terminal in Le Havre, France. The remaining 40% of the shares in CNMP will continue to be held by temperature-controlled food…

  • CMA CGM signs for electric boxship

    CMA CGM signs for electric boxship French liner operator CMA CGM has contracted inland vessels specialist Shandong Xinneng Shipbuilding to build its fully electric containership. The deal with an undisclosed value follows a letter of intent CMA CGM signed with the yard late last year for the construction of an 80 m long, 182 teu…

  • Louis Dreyfus Armateurs to be taken over by fellow private equity firm

    Louis Dreyfus Armateurs to be taken over by fellow private equity firm French family-owned shipowner Louis Dreyfus Armateurs (LDA) has revealed takeover talks with compatriot private equity firm InfraVia. The two companies have entered exclusive negotiations for Paris-based InfraVia to acquire an 80% stake in LDA which currently manages 23 ships in roro, offshore wind…

  • Louis Dreyfus Armateurs picks ZPMC for SOV newbuild series

    Louis Dreyfus Armateurs picks ZPMC for SOV newbuild series France’s Louis Dreyfus Armateurs (LDA) has selected Shanghai Zhenhua Heavy Industries (ZPMC) to build its latest series of service operation vessels (SOV) that will be deployed on offshore wind sites in the German North Sea. Earlier this year the French family-owned shipowner emerged as a winner…

  • MPC Capital secures funds for offshore service vessel joint venture

    MPC Capital secures funds for offshore service vessel joint venture French private equity firm and investment group Eurazeo and a large European family office have invested in MPC Capital’s recently launched platform for offshore service vessels. The platform was initiated by a joint venture of MPC Capital and O.S. Energy – named MPC OSE Offshore…

  • CMA CGM and AD Ports establish Congo terminal venture

    CMA CGM and AD Ports establish Congo terminal venture French liner giant CMA CGM has reached an agreement with AD Ports Group to jointly develop, manage and operate the new multipurpose terminal at the Port of Pointe Noire in the Republic of the Congo. The deal will see the formation of a joint venture majority-owned…

  • Economou’s TMS Group enters leasing deal for newest LNG carrier

    Economou’s TMS Group enters leasing deal for newest LNG carrier Japan’s SBI Leasing Services has partnered with France’s BNP Paribas to arrange a leasing agreement with George Economou-led TMS Group for the newly built Athos LNG carrier. The vessel was completed in September last year at Samsung Heavy Industries in South Korea. The 174,000 cu…

  • Laden Russian tanker loses power in stormy Bay of Biscay

    Laden Russian tanker loses power in stormy Bay of Biscay A laden Russian-flagged tanker has broken down in the stormy Bay of Biscay off France. The Unity, a 16-year-old aframax, departed Primorsk on January 16 with Russian oil bound for Mangalore in India. The ship ran into difficulties overnight off the west coast of France.…

  • CMA CGM inks 2025’s largest ship orders to date

    CMA CGM inks 2025’s largest ship orders to date France’s CMA CGM is being widely tipped as the European owner mentioned in a release today by HD Hyundai Heavy Industries behind the biggest ship orders in the year to date. Splash understands CMA CGM has contracted the Korean shipyard to build twelve 18,000 teu LNG…

  • Louis Dreyfus Armateurs lands $575m Vattenfall SOV deal

    Louis Dreyfus Armateurs lands $575m Vattenfall SOV deal Louis Dreyfus Armateurs (LDA) has secured a contract for up to three service operation vessels that will be deployed on offshore wind sites in the German North Sea. The French family-owned shipowner has emerged as a winner of an SOV tender issued by Sweden’s biggest utility, Vattenfall,…

  • TotalEnergies, Vantage Drilling form drillship-owning entity

    TotalEnergies, Vantage Drilling form drillship-owning entity Offshore drilling contractor Vantage Drilling has created a joint venture entity with French energy major TotalEnergies, which will own the Tungsten Explorer drillship. The creation of the JV, named TEVA Ship Charter, aligns with the memorandum of understanding signed between the two companies in February 2024. Under the terms…

  • EDF, Ocean Winds-led consortiums win French floating wind round

    EDF, Ocean Winds-led consortiums win French floating wind round French Ministry of Industry and Energy has selected partnerships between EDF Renewables and Maple Power as well as Ocean Winds and Banque des Territoires to build and operate a 250 MW floating offshore wind farm each in the Mediterranean. The two projects were selected following the…

  • TotalEnergies adds more time to Northern Drilling semisub deal

    TotalEnergies adds more time to Northern Drilling semisub deal French energy major TotalEnergies has exercised an extension option for Northern Drilling’s semisub Deepsea Mira. John Fredriksen-controlled Northern Ocean, a semisub rig spin-off of Northern Drilling, won the extension back in August. The rig, managed by Odfjell Drilling, has been working in Namibia under a multi-country…

  • France experiences wind propulsion boom in 2024

    France experiences wind propulsion boom in 2024 The French sailing fleet now comprises eleven large cargo ships, with four new wind-powered vessels added to the fleet in 2024, Association Wind Ship revealed. The post France experiences wind propulsion boom in 2024 appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz

  • Bourbon to support exploration drilling off Namibia

    Bourbon to support exploration drilling off Namibia French offshore vessel player Bourbon has been awarded a new fully integrated logistics contract by an oil and gas major to support its exploration campaign and the drilling of its first well off southern Namibia. The contract’s scope covers international shipment and customs clearance of the equipment required…

  • TechnipFMC, Saipem score huge deals for work on TotalEnergies Suriname field

    TechnipFMC, Saipem score huge deals for work on TotalEnergies Suriname field French energy major TotalEnergies has awarded TechnipFMC and Saipem billions in contracts for its GranMorgu project in Block 58 offshore Suriname. TechnipFMC’s contracted scope for the project includes Subsea 2.0 tree systems, manifolds, connectors, and topside control equipment. The company will also supply umbilicals,…

  • Höegh Evi moves to develop French hydrogen import terminal

    Höegh Evi moves to develop French hydrogen import terminal Norway’s Höegh Evi, formerly known as Höegh LNG, has signed a memorandum of understanding with the port of Port-La Nouvelle to develop a floating hydrogen import terminal targeting up to 210,000 tonnes of volumes annually from producers in the Middle East, North Africa and the Americas…