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Hapag-Lloyd's global order book is expected to increase, but not at a worrying level

Posted to Maritime Reporter on August 14, 2024

According to the German container liner Hapag Lloyd, who spoke with analysts on Wednesday, the global order book for ships, which represents 18% of the fleet of the world, will increase but at a reasonable rate. "I expect that the 18% which is not a concern…

Shipping source: Iran releases cargo from oil tanker St Nikolas

Posted to Maritime Reporter on July 25, 2024

A shipping source said on Thursday that Iran had released the oil cargo of the Greek owned, Marshall Islands flagged tanker, which it seized earlier this year in the Gulf of Oman. Source: Iran still holds the vessel M/T Saint Nikolas. The vessel was loaded with 1…

West, a UK-based ship insurer, has problems with paying claims to a Russian company that is under sanctions

Posted to Maritime Reporter on July 23, 2024

West, a UK ship insurer, said that it would be difficult to pay claims for ships involved with accidents or collisions involving other vessels insured by the sanctions-hit Russian Ingosstrakh. This is another indication of the difficulties with Moscow's oil trading.

UN representative to Yemen says the threat of Houthi to Red Sea shipping has grown.

Posted to Maritime Reporter on July 23, 2024

Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…

IRGC: Iran's Revolutionary Guards have intercepted a tanker managed by the UAE

Posted to Maritime Reporter on July 23, 2024

The IRGC, along with British security firm Ambrey, announced on Monday that the IRGC had intercepted a tanker flying the flag of Togo, but managed by UAE, carrying 1,500 tonnes of marine gas oil. Ambrey reported that the vessel was carrying…

Spain seizes cargo ship after fuel spill in Ceuta

Posted to Maritime Reporter on July 23, 2024

Spain's Merchant Fleet reported on Monday that Spanish authorities had detained a German cargo ship after it caused a spill while refuelling near the Spanish enclave Ceuta. It added that the owner of the Tony Stark-flagged ship, which is registered in Antigua & Barbuda…

After being stopped by the coast guard, a fire-hit tanker enters Malaysia's terminal area

Posted to Maritime Reporter on July 23, 2024

Shipping data from LSEG & Kpler revealed that a tanker involved in a collision last week near Singapore entered the Bertam floating oil storage terminal area on Monday morning, after being intercepted on Sunday by local authorities. On Friday…

Houthis increase attacks on cargo ships in Gulf of Aden

Posted to Maritime Reporter on July 23, 2024

Yemen's Houthi Rebels damaged and destroyed a container ship flying the Singapore flag with two missiles Friday, as they intensified their attacks against global shipping in response to Israel's Gaza War. The Houthis, who are aligned with Iran…

Singapore's maritime biofuels centre has completed its final marine decarbonisation trial

Posted to Maritime Reporter on July 23, 2024

The Global Centre for Maritime Decarbonisation in Singapore (GCMD) announced this week that it had completed the final trials of biofuels for ships, with German container company Hapag-Lloyd as well as energy giant BP. The GCMD started an 18…

Sea drone alert in Russia's Black Sea port ends

Posted to Maritime Reporter on July 23, 2024

On Thursday morning, the mayor of Novorossiisk in Russia's Black Sea port issued a sea-drone alert that lasted more than two full hours. Meanwhile, a group unmanned Ukrainian boats were destroyed near Crimea. In his first message sent via Telegram…

Maersk CEO: Red Sea disruptions will continue in Q3, Maersk CEO

Posted to Maritime Reporter on July 1, 2024

Maersk, a Danish shipping company, said that disruptions in container shipping via Red Sea will continue through the third quarter. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks…

Maersk CEO: Red Sea disruptions will continue in Q3

Posted to Maritime Reporter on July 1, 2024

Maersk, a Danish shipping company, said that disruptions in container shipping via Red Sea will continue through the third quarter. Maersk, among other shipping companies, has diverted ships around Africa's Cape of Good Hope to avoid attacks…

Yemen's Houthis claim they have targeted four ships that are 'linked to Israel, the US and UK'

Posted to Maritime Reporter on July 1, 2024

Yemen's Houthis announced on Monday they had conducted four military actions targeting four ships, including four in the Red Sea, Arabian Sea, Mediterranean Sea, and Indian Ocean, "linked to United States, United Kingdom, and Israel". Yahya Saarea…