Houthis Say They Will Target US Ships
Yemen's Houthi movement will expand its targets in the Red Sea region to include U.S. ships, an official from the Iran-allied group said on Monday, as it vowed to keep up attacks after U.S. and British strikes on its sites in Yemen.Attacks by the Houthis on ships in area since November have impacted companies and alarmed major powers in an escalation of Israel's more than three-month war with Hamas militants in Gaza.
US SECNAV Directs Naval Shipbuilding Review
The United States' Secretary of the Navy Carlos Del Toro is directing a comprehensive analysis of the Navy shipbuilding portfolio amid ongoing labor issues and supply chain shortages that have negatively impacted vessel delivery timelines.Del Toro tasked newly-confirmed Assistant Secretary of the Navy for Research, Development & Acquisition (ASN RD&A) Nickolas Guertin and Commander Naval Sea Systems Command Vice Adm.
Houthis Hit US-owned Dry Bulk Ship, No Injuries
Houthi forces in Yemen struck the U.S.-owned and operated dry bulk ship Gibraltar Eagle with an anti-ship ballistic missile, U.S Central Command said on Monday, although there were no reports of injuries or significant damage.The vessel's U.S.-based operator Eagle Bulk Shipping said that it was hit by an "unidentified projectile" while sailing 100 miles off the Gulf of Aden and suffered limited damage to its cargo holdā¦
Corvus to Integrate Ammonia Cracker with Its Pelican Fuel Cell
Corvus Energy on Monday announced it has been awarded funding through the EU's Horizon Europe Framework Program for the integration of ammonia cracker technology with its Pelican Fuel Cell system.The project, titled āAPOLOā, is a collaboration between several partners and aims to solve the challenges of power conversion from ammonia and develop an efficient and flexible ammonia cracking technology for the maritime sector.The four-year programā¦
Exploring 'Future Fuels' - Methanolās Superstorage Solution
Technical inquiries to SRC Group ramped up after it received Approval in Principle (AIP) for a concept which āreinvented methanol fuel storageā on board ships. Delivering the answers has seen technical talk converting into project discussions āGreenā methanol has the ability to one day run vessels almost emission-free, and commercial shipping increasingly investigates. Derived today principally from natural gas, methanol is nonetheless available, relatively easy to handle and predictable.
Houthis Vow to Keep Up Red Sea Attacks
The chief negotiator for Yemen's Houthis said on Monday the group's stance has not changed since U.S.-led air strikes on its positions, and warned that attacks on ships headed to Israel will continue.U.S. and British warplanes, ships and submarines last week launched dozens of air strikes across Yemen in retaliation for Houthi attacks on Red Sea shipping, which the Iran-aligned movement cast as a responseā¦
Inchcape Shipping Services Names Svend Stenberg Mølholt CCO
Port agency and marine services company Inchcape Shipping Services (ISS) announced the appointment of Svend Stenberg Mølholt as Chief Commercial Officer, effective January 9, 2024.Svend has been in the shipping industry for 20 years, most recently serving as the Group COO in Monjasa Holding, a global fuel and shipping company. While serving as the Group COO, Svend also held the position of Chairman of the Board at RelateIT, one of Denmarkās largest NAV/Business Central partners.
N-Sea Charters Geo Plus' Survey and ROV Support Vessel
Subsea solutions provider N-Sea Group announced it has entered into an agreement with Geo Plus to long term charter the Dutch flagged vessel Geo Ranger, a hybrid survey and ROV support vessel.The Geo Ranger will accompany the Geo Focus which is already under N-Sea management and control.The fuel efficient vessel Geo Ranger is equipped with smart on-board technology, comprising various different sensors and a plug-and-play system for additionalā¦
Two Shipping Heavyweights Form Strategic Alliance
Germanyās United Heavy Transport (UHT) and Koreaās Dongbang Transport Logistics have joined forces in a new strategic alliance combining their expertise in heavy lift vessels and transport.UHT and Dongbang Transport Logistics signed a memorandum of understanding (MOU), symbolizing the integration of UHT's heavy lift expertise and Dongbang's mastery of open deck carrier operations."In this strategic allianceā¦
Houthi Attacks Expose China's Commercial Stakes in Red Sea
China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and placed Beijing's commercial interests along the Suez Canal at risk.The Iran-backed Houthi militia from Yemen that seeks "Death to Israel" is challenging the ability of the world's biggest trading nation to defend billions in strategic investments in Egypt.Since President Abdel-Fattah el-Sisi came to power in 2014ā¦
QatarEnergy Stops Red Sea LNG Shipping Due to Attacks
QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed Houthi group has since November been attacking vessels in the Red Sea, part of a route that accounts for about 12% of the world's shipping traffic, in whatā¦
Outfitting Work Set to Start for Olympic's CSOV Built by Ulstein
The first of two methanol-ready newbuild Construction Service Operation Vessels (CSOVs) for the Norwegian shipowner Olympic has arrived at the outfitting yard of Ulstein Verft in Norway.The contract between Olympic and Ulstein was signed in 2022 and includes the construction of two CSOVs for offshore wind at Ulstein Verft.The vessels are based on the ULSTEIN SX222 design, and have a length of 89.6 meters with a beam of 19.2 meters. The CSOVs are able to accommodate 126 people in 91 cabins.
NKT Orders $270M Cable Layer from Vard
Norwegian ship designer and builder Vard has confirmed the Danish subsea cable company NKT is behind the order for the construction of the new cable laying vessel.The contract, valued between $218-270 million (ā¬200-250 million), was signed mid December 2023 by Vard and NKT HV Cables, a Swedish-based turn-key power cable manufacturer and installation company, which is part of NKT.The hull for the cableā¦
US Says it Shot Down Missile Heading Towards USS Laboon
U.S. fighter aircraft shot down an anti-ship cruise missile fired from Houthi militant areas of Yemen toward a U.S. destroyer operating in the Southern Red Sea, the U.S. military said on Sunday.The midair interception is the latest incident in the Red Sea where the Houthis have been attacking international shipping in what they say is a campaign to support Palestinians under seige from Israeli forcesā¦
Australian Court Lets Santos Build Barossa Pipeline
Australia's Santos can proceed with construction of an undersea pipeline vital to its $4.3 billion Barossa gas project after a court on Monday ruled in favor of the oil and gas firm in a dispute with an Indigenous man looking to pause the work.Work on the pipeline, which will connect the Barossa gas field to a processing plant in the northern Australian city of Darwin, was paused by court order inā¦
HX Appoints New CCO
HX (Hurtigruten Expeditions) has announced Alex Delamere-Whiteās official appointment as Chief Commercial Officer (CCO), following six months as acting interim CCO.Based out of the new HX HQ in London, Delamere-White will bring the global functions under one leadership model to further fuel HXās long-term growth plans, including newly evolved roles for Nathaniel Sherborne and Jim Sayer. Sayer is appointedā¦
Uncertainty Reins in Ship Recycling Market
Anxiety and uncertainty reign across the shipowning community at large, especially for those with units trading in, or simply passing through the shipping lanes that are currently besieged by Houthi Rebel attacks in the Red Sea, says cash buyer GMS. This is invariably resulting in many owners avoiding the Suez Canal altogether, electing instead to sail around the Cape and subsequently increase voyage timesā¦
2023 a Record Setting Year for Singapore
Chee Hong Tat, Singaporeās Acting Minister for Transport, announced a record year in 2023 at a Singapore Maritime Foundation New Year Conversations event.The annual vessel arrival tonnage in the Port of Singapore crossed three billion gross tonnage (GT) for the first time, increasing by 9.4% over 2022 and setting a high of 3.09 billion GT in 2023. This reflects growth in all segments, including container shipsā¦
Tesla, Volvo Car Pause Output as Red Sea Shipping Crisis Deepens
Automakers Tesla and Geely-owned Volvo Car said they were suspending some production in Europe due to a shortage of components, the first clear sign that attacks on shipping in the Red Sea are hitting manufacturers in the region.The United States and Britain launched a series of strikes on Yemen on Thursday, aimed at the Iran-backed Houthi militia whose attacks on international shipping have disruptedā¦
TankerTrackers Locates Seized Tanker off Iran's Qeshm Island
The Marshall Islands-flagged tanker seized by Iran in the Gulf of Oman on Thursday has been located east of Iran's Qeshm Island, monitoring service TankerTrackers.com said in a post on social media platform X.Iran seized the St Nikolas, loaded with Iraqi crude destined for Turkey, in retaliation for the confiscation last year of the same vessel and its Iranian oil cargo by the United States, Iranian state media reported."The Greek-ownedā¦
