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Baltic Index flat as gains from smaller vessels offsets weaker Capesize

Posted to Maritime Reporter on June 17, 2024

The Baltic Exchange’s main sea freight indicator, which tracks rates of ships transporting dry bulk products, was stable on Monday, as gains in the panmax and supramax segments were offset by a drop in capesize rate. * The overall index (which includes rates for Capesize…

The chairman of Italian shipbuilder Fincantieri was found dead in his home

Posted to Maritime Reporter on June 17, 2024

Claudio Graziano died on Monday, according to a company statement. He was the chairman of the Italian state-controlled shipbuilder Fincantieri, and a retired army general. Fincantieri expressed its deep sorrow at the sudden death by General Claudio Graziano, but did not provide any details.

Ten migrants die in Mediterranean shipwreck, German charity says

Posted to Maritime Reporter on June 17, 2024

A German charity reported on Monday that ten migrants drowned in the Mediterranean when their boat was swamped with water. However, 51 others were saved from the vessel. RESQSHIP which operates a migrant ship named Nadir said on the social media…

Olympics-Blood and sweat, cheers for Paris' kayak crossing

Posted to Maritime Reporter on June 17, 2024

Joe Clarke, the world champion, knows that he may spill blood when he competes for the gold medal in the new Olympic discipline kayak cross in the Paris White Water Centre in August. Clarke, when asked to describe how physically demanding the…

Philippine captain vows return to sea following Houthi attack

Posted to Maritime Reporter on June 17, 2024

The Philippine crew of the vessel that was attacked by Yemeni Houthi militants returned to the Philippines on Monday from Bahrain. The captain promised to return to seas once the crew recovered. The Houthis, who are allied with Iran, claimed…

Denmark aims to reduce shadow tanker fleet that carries Russian oil

Posted to Maritime Reporter on June 17, 2024

The Danish foreign minister revealed on Monday that the country is looking at ways to stop a shadow fleet of oil tankers from transporting Russian oil across the Baltic Sea. This could increase tensions with Moscow. Any attempt to stop oil supplies…

China Coast Guard: Philippine ship bumped Chinese vessel at Second Thomas Shoal

Posted to Maritime Reporter on June 17, 2024

The Chinese coastguard said that a Philippine supply vessel approached a Chinese vessel in a dangerous manner, resulting in a minor collision. It had illegally entered the waters near the Second Thomas Shoal of the South China Sea. In a press release…

Yemen's Houthis claim they attacked two ships, including an American destroyer

Posted to Maritime Reporter on June 16, 2024

Yemen's Houthis announced on Sunday that two civilian ships and an American destroyer were attacked in the Red Sea as well as in the Arabian Sea. This was their latest attempt to disrupt shipping, which they claim is in support of Palestinians in Gaza.

Singapore intensifies its oil spill cleanup after it spreads along the coast

Posted to Maritime Reporter on June 16, 2024

Government agencies reported that an oil spill in the southern part of Singapore had spread to other parts of the island and was threatening to destroy a marine park. They added that the authorities were intensifying their efforts to clean up the fuel.

US Navy forces rescue crew of Greek-owned vessel struck by Houthis on Red Sea

Posted to Maritime Reporter on June 16, 2024

The U.S. The U.S. NAVCENT reported that sailors assigned to the Dwight D. Eisenhower Carrier Strike Group had airlifted out the crew on Saturday. However, one civilian sailor was still missing. The attack near the Yemeni city of Hodeidah caused flooding in the engine room…

Singapore intensifies its oil spill cleanup after it spreads along the coast

Posted to Maritime Reporter on June 16, 2024

Government agencies reported that an oil spill in the southern part of Singapore had spread to other parts of the island and was threatening to destroy a marine park. They added that the authorities were stepping up efforts to clean the spill.

UKMTO: Ship evacuated with fire after Houthi attack in Yemen

Posted to Maritime Reporter on June 15, 2024

United Kingdom Maritime Trade Operations said that on Saturday, the crew of a cargo ship flying the flag of Palau had been evacuated. The ship was also on fire and sank. This incident occurred 98 nautical mile east of Yemen’s Aden in June. The U.S.

Philippines claims extended continental shelf in South China Sea at UN

Posted to Maritime Reporter on June 15, 2024

The Philippines filed with the U.N. a claim on Saturday for an extended continental shelf in the South China Sea. This is a waterway that has seen escalating maritime disputes between the Philippines and China. Marshall Louis Alferez said, "Today…

Singapore oil spill closes resort island beaches

Posted to Maritime Reporter on June 15, 2024

The beaches on Sentosa Island, south of Singapore's city state, were closed Saturday due to an oil spill that spread from the nearby shipping terminal. A Reuters reporter saw a tape barrier separating the oil-stained water and sand at Tanjong Beach. "Oil slick spotted. Cleaning is in progress.

Singapore's resort island closed to the public due to oil spill

Posted to Maritime Reporter on June 15, 2024

The beaches on Sentosa Island, south of Singapore, were closed Saturday due to an oil spill that spread from the nearby shipping terminal. According to Reuters, a witness observed that tape was used to separate visitors from the oil-stained waters and sand at Tanjong Beach. "Oil slick spotted.

Diplomats claim that Germany is holding up the 14th package of EU sanctions against Russia.

Posted to Maritime Reporter on June 14, 2024

Diplomats from the EU said that on Friday, the European Union was unable to agree to a fourteenth package of sanctions for Russia. Germany refused to accept responsibility for any sanctions violations by EU companies. The 27 EU member states…

Protesters demand justice one year after the Greek migrant boat tragedy

Posted to Maritime Reporter on June 14, 2024

On Friday, hundreds of demonstrators gathered in Athens to mark the anniversary of the shipwreck off the coast of Greece that claimed the lives of hundreds of migrants. They demanded answers regarding the cause of the tragedy and the fates of their relatives.

Ingosstrakh, a Russian lawyer, says that he is considering legal action in response to UK sanctions

Posted to Maritime Reporter on June 14, 2024

Ingosstrakh, a Russian insurer, said Friday that it might challenge UK sanctions and seek clarifications about the measures announced by the British government on Thursday against the country's largest insurer. The UK's sanctions enforcement…

Biden signs executive order to improve supply chain resilience

Posted to Maritime Reporter on June 14, 2024

Officials said that U.S. president Joe Biden issued a formal executive order on Friday, establishing a White House Council on Supply Chain Resilience and mandating the completion of a comprehensive report before the end the year. The first meeting of the council…

Mountain Valley Natural Gas Pipeline begins operations

Posted to Maritime Reporter on June 14, 2024

Mountain Valley, a 303 mile natural gas pipeline that stretches across West Virginia into Virginia, started operations on Friday. Equitrans Midstream (the lead partner), a U.S.-based gas pipeline company, announced that the pipeline was now…

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