Louis Dreyfus News

An accident with a shiploader at the sugar terminal in the Recife port in Northeastern Brazil suspended loading operations at the site, according to a note from shipping company Williams Brazil late on Thursday.The company said the shiploader collapsed and a part of the machine fell inside the cargo hold of a vessel that was docked at the port to load raw sugar.The press service at the Recife port confirmed the accident, adding that nobody was hurt.The port said experts are evaluating the situation and there is still no time frame for the repair.

Louis Dreyfus Armateurs (LDA) has unveiled a concept for a first-of-its kind service operations vessel (SOV) that runs on liquid hydrogen.The French-headquartered company said it has been working alongside Norwegian naval architecture firm Salt Ship Design as well as main equipment suppliers, fuel providers, class and flag authorities, and others to produce the concept—with support from the European Commission.The groundbreaking SOV, currently in the concept design phase, would be able to operate 95% of the time with zero carbon emissions, only releasing water during standard operations.

bound4blue and Louis Dreyfus Company (LDC) announced today a commercial agreement for the manufacture and installation of four eSAILs on LDC’s chartered juice vessel, MV Atlantic Orchard, in collaboration with Wisby Tankers AB, Sweden (Wisby Tankers).Chartered by LDC and owned by Wisby Tankers, MV Atlantic Orchard will be retrofitted with four 26-meter-high eSAILs. The installation of the eSAILs is planned for 2024 and, depending on vessel routing, is expected to reduce annual…

Louis Dreyfus Armateurs (LDA) said it has been tapped by Airbus to renew its entire fleet of chartered vessels for aircraft subassembly transport with three modern, low-emission roll-on / roll-off vessels, supported by wind-assisted propulsion.LDA announced Wednesday it has been commissioned to build, own and operate these new highly efficient vessels, slated for entry into service from 2026.Powered by a combination of six Flettner rotors—large, rotating cylinders that generate lift thanks to the wind…

Cargill has signed a three-year contract that will see ZeroNorth become Cargill’s primary software provider for optimisation of over 600 vessels. Cargill commenced its strategic partnership with ZeroNorth in 2020. The partnership has expanded over time, with Cargill and ZeroNorth working together to develop ZeroNorth’s fuel model and dry bulk solutions.Eman Abdalla, Global Operations Director for Cargill Ocean Transportation, added: “We are delighted to announce that we’ve chosen ZeroNorth as our vessel and voyage optimisation digital platform.

Russia's lack of ships and Western grain traders' shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply routes.President Vladimir Putin promised to replace Ukrainian grain with Russian shipments to Africa after Moscow in July ended an arrangement that gave Ukraine's food cargo safe passage in the Black Sea, imposing a de-facto blockade on its neighbour and attacking storage facilities…

France-based LD Tide has ordered a new crew transfer vessel (CTV) from Singaporean aluminum boat builder Strategic Marine.The newbuild will by a hybrid-ready StratCat 27 (SC27) designed by BMT.LD Tide, joint venture between top French shipping company Louis Dreyfus Armateurs (LDA) and UK-based partner Tidal Transit, currently owns and manages a fleet of three CTVs to transfer technicians to the Saint-Nazaire offshore wind farm, about 20nm off the coast of France.The SC27 order is the first the company has placed for a vessel to be built at a non-French yard.According to the builder…

An innovative kite system is being put through its paces on board a cargo ship crossing the Atlantic as wind propulsion takes off for commercial shipping as a means to reduce fuel burn and harmful environmental emissions.The system, called Seawing, has been developed by France-based Airseas, and is currently being trialed on the 154-meter ro-ro vessel Ville de Bordeaux, which is operated by Louis Dreyfus Armateurs (LDA) and chartered by Airbus, Airseas' minority shareholder and launch customer.As the ship transports aircraft components between Europe and the United States…

French family-owned shipowner the Louis Dreyfus Armateurs Group (LDA) siad it has reached a deal with partners Groupe Roullier and Peugeot Invest and institutional investors advised by J.P. Morgan Global Alternatives’ Global Transportation Group and the Dubai-based shipowner MUR Shipping BV, for the sale of a fleet of 13 handysize and supramax bulk carriers.The ships will be gradually delivered to their future owner in the coming weeks, LDA said.

Louis Dreyfus Armateurs said it will equip one of its vessels with three bound4blue’s suction sails in 2023.“We pay particular attention to the decarbonization of all our ships and are taking a proactive approach to study, develop and adopt solutions in this direction," said Kamil Beffa, CEO, Louis Dreyfus Armateurs. "Our ship project management, engineering and innovation teams have been working for more than three years in partnership with bound4blue to implement an innovative and environmentally virtuous solution to assist in the propulsion of our ships.

At least five vessels are headed toward Russia with nearly 200,000 tonnes of Brazilian raw sugar sold by European traders, according to shipping data seen by Reuters, about double the country's normal annual imports of the sweetener.Sanctions following Russia's invasion of Ukraine have boosted demand for sugar and other food staples there, and store shelves have been emptying due to food hoarding. Yet sanctions may also make it harder for shippers to get paid for their cargoes.The volume of sugar being shipped is unusually high, traders said, noting Russia tends to import roughly 100,000 tonnes of sugar per year. Russia is not a notable importer or exporter of sugar…

Gary Vogel, chief executive officer of Eagle Bulk Shipping Inc., has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2022.The 2022 Commodore Award, given each year to a person in the international maritime industry who has contributed to the growth and development of the industry, will be presented on March 31, at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and expo, in Stamford, Conn..Vogel has served as CEO and director of Eagle Bulk Shipping Inc. (NASDAQ: EGLE) since September, 2015.

Edouard Louis-Dreyfus, Louis Dreyfus Armateurs' chairman of the executive board, has decided, in agreement with the supervisory board chaired by Philippe Louis-Dreyfus, to adopt a new governance for the French shipping company effective January 1, 2022.Kamil Beffa has been appointed CEO, succeeding Gildas Maire who is stepping down as CEO to become advisor to the chairman of the executive board.In addition, Antoine d´Anjou and Antoine Person have both been appointed deputy CEO…

A French ro-ro ship will be the first commercial vessel to trial a novel wind-assisted propulsion system designed to curb emissions from shippingAirseas said it has installed its Seawing system on the vessel Ville de Bordeaux owned and operated by Louis Dreyfus Armateurs. The ship, which is chartered by Airbus to transport major aircraft components between France and the U.S., will deploy the 500-square meter Seawing on its monthly transatlantic journeys from January 2022, conducting…

The first bulk U.S. soybean cargo from the Texas Gulf Coast in about six months was loaded and shipped last week from a Cargill Inc terminal, in a sign of shifting trade flows in the wake of Hurricane Ida, traders and shipping sources said.The vessel Spar Rigel was loaded early last week with about 55,000 tonnes of soybeans at Cargill's Houston terminal, an outlet that typically loads mostly wheat and sorghum grown nearby, according to a shipping vessel lineup seen by Reuters.The uncommon shipment is the first of several soybean cargoes expected to load at Cargill's Texas facility this autumn after one of the company's two terminals at the Louisiana Gulf Coast - the country's top outlet for corn and soy shipped down the Mississippi River - was severely damaged by Ida on Aug.

U.S. soybean exports jumped last week to a six-month peak, while corn shipments were the highest in a month as Louisiana Gulf Coast terminals steadily ramped up operations disrupted nearly a month ago by Hurricane Ida, preliminary data showed on Monday.The export pace remained well below normal for this time of year as some terminals remain shuttered or running at reduced capacity after the storm flooded and damaged some facilities and wrecked the region's power grid.Ida crippled overseas grain shipments weeks before the start of the Midwest harvest and the busiest period for U.S.

U.S. grain exports increased last week as shippers along the Louisiana Gulf Coast recovered from flooding and widespread power outages caused by Hurricane Ida's Aug. 29 landfall, but volumes were much lower than normal, preliminary data showed on Monday.Just seven export vessels were loaded with grain and soybeans at Louisiana Gulf Coast terminals in the week ended Sept. 16, down from 23 vessels in the same week last year, U.S. Department of Agriculture (USDA) data showed.Ida crippled overseas grain shipments weeks before the start of the Midwest harvest and the busiest period for U.S.

Barge freight costs for moving grains in the Midwestern United States spiked on Thursday due to ongoing logistical problems more than two weeks after Hurricane Ida, while CHS Inc said the timeline to reopen its terminal remains uncertain.CHS Inc, a farmer cooperative and grain trader, said it expected its Myrtle Grove, Louisiana, grain export terminal to be operational by the height of the U.S. corn and soy harvest but could not be more specific.The terminal, which unloads grain barges and loads ocean-going vessels for export…

U.S. grain exports slumped to their lowest level in years last week as shippers struggled to restart loading operations along the Louisiana Gulf Coast after Hurricane Ida flooded and damaged grain terminals and knocked out power across the region, preliminary data showed on Monday.Weekly U.S. Department of Agriculture (USDA) grain inspections data, an early indicator of shipments abroad, showed the volume of corn weighed and certified for export last week was the lowest in 8-1/2 years as no grain was inspected along the Louisiana Gulf Coast, the busiest outlet for U.S.

Louisiana Gulf Coast grain exports are slowly ramping up after a nearly two-week halt due to damage from Hurricane Ida, with at least two large terminals loading vessels and power steadily being restored to others, government and shipping sources said on Thursday.More than 50 oceangoing vessels have lined up along the lower Mississippi River waiting to dock and be loaded with soybeans or grain, according to Refinitiv Eikon shipping data and industry vessel lineup summaries seen by Reuters.Restoring shipments from the busiest U.S.

The government of Santa Fe province in Argentina late on Wednesday ordered port workers to suspend a day-old strike that had blocked grains shipments at the country's main agricultural export hub and mandated wage negotiations be resumed.Protests by port construction workers in Argentina's key grains hub Rosario had snarled exports, with roads blocked at some of the area's key export terminals, an industry official told Reuters earlier on Wednesday.The protest began late on Tuesday and on Wednesday spread to the districts of Puerto General San Martin and Timbues…

The past decade has seen tight restrictions on emissions from vessels, notably with a 2015 move to a .10% sulfur maximum in Emission Control Areas (ECA) in North America and in northern Europe. As the International Maritime Organization (IMO) now shapes shipping’s decarbonization future, shipowners are looking at transitions away from fossil fuels. Among the myriad of alternatives are lithium ion batteries and some early forays into hydrogen fuel cells.To date, large batteries are used on short runs…

As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale, World Energy Reports (WER), in its report “2021 The Year When Offshore Wind Takes Off in the United States,” shows the anticipated growth trajectory. Service Operations Vessels (SOVs), which can commission and/or maintain turbines…