Emanuele Grimaldi Re-Elected Chairman of the ICS

The International Chamber of Shipping (ICS) Board of Directors has unanimously re-elected Emanuele Grimaldi, President and Managing Director of Grimaldi Euromed SpA, as Chairman of the Board.Grimaldi will continue as Chairman for another term of two years.“I am deeply honored to have been re-elected as Chairman of the ICS for another two years. It is a privilege to be part of this important association and the great work and progress being made for our industry.
MMMCZCS Calls for Early Regulation of Methane Slip

The Maersk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has released a new report: Tackling methane slip in shipping.Past research at the MMMCZCS has demonstrated that current regulations that include methane, such as CO2-equivalent fuel standards (e.g., FuelEU Maritime), will have a limited effect on reducing onboard methane emissions in the short- to mid-term. Furthermore, the default methane slip value concept does not provide a direct incentive to engine makers…
Esgian Week 25 Report: Mixed Results in Exploration Drilling

Esgian provides an update on exploration drilling in its Week 25 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesOslo-listed BlueNord announced on Monday the start-up of drilling operations on the Harald East Middle Jurassic well (HEMJ) in the Danish North Sea.Occidental Petroleum (Oxy) encountered non-commercial hydrocarbons at the Orange #1 exploration well on Mississippi Canyon Block 216 in the US GOM and the well has been plugged and abandoned.
Houthi Claim of Attack on US Aircraft Carrier False, US Officials Say

A claim by Yemen's Houthi group on Saturday that its forces had attacked the U.S. aircraft carrier Dwight D. Eisenhower in the Red Sea is false, two U.S. officials told Reuters."That is incorrect," one of the officials said, speaking on condition of anonymity.The Iran-aligned Houthis first launched drone and missile strikes in the key waterway for trade in November in what they say is solidarity with Palestinian militants in Gaza…
Crew Forced to Abandon Vessel Southeast of Yemen's Nishtun

United Kingdom Maritime Trade Operations (UKMTO) said on Sunday that the captain and crew of a vessel 96 nautical miles southeast of Yemen's Nishtun were forced to abandon ship after it suffered flooding that could not be contained.The crew has been recovered by an assisting ship while the abandoned ship remains adrift, it added.UKMTO earlier reported that it had received a report of a distress call from the vessel and that it was investigating the incident.Yemen's Iran-aligned Houthi group has
Houthis Claim Attacks on Two Ships in Red Sea and Indian Ocean

The Yemeni Houthi group said on Sunday its forces had attacked two ships in the Red Sea and the Indian Ocean.The first ship, Transworld Navigator, had been targeted in the Red Sea using "an uncrewed surface boat" which led to a direct hit against the ship, Houthi military spokesman Yahya Saree said.The second vessel, Stolt Sequoia, was attacked in the Indian Ocean with a number of cruise missiles, he said.It was not clear when the attacks took place.He said the ships belonged to companies that "
Houthis Claim Attack on Four Ships at Israel's Haifa Port

Yemen's Houthis said early on Sunday that they had conducted a joint military operation with the Islamic Resistance in Iraq militant group, targeting four ships at Israel's northern Haifa port.The Houthi military spokesperson, Yahya Saree, said in a televised statement that the two groups launched a drone attack on two cement tankers and two cargo ships at the Haifa port on Saturday.He said the ships…