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Red Sea rescue operation underway for crew of cargo vessel

Posted to Maritime Reporter on December 5, 2024

Three maritime security sources confirmed on Thursday that a rescue operation was underway for the crew aboard a cargo ship flying the Panamanian flag, which had been abandoned near the port of Hodeidah at the Red Sea. The number of crew members on board and the cause of the accident were not known.

Threatened by environment change, Panama Canal has big strategies to handle dry spell

Posted to Maritime Reporter on December 2, 2024

in the face of an altering climate. Tres Hermanas, with its farms, two schools, churches and a. medical center, is among lots of towns that would disappear. in the next six years if the state-owned Panama Canal's. ambitious $1.6 billion job goes ahead. Locals are.

After suspension of traffic due to vessel rudder malfunction, Bosphorus traffic will resume in Turkey

Posted to Maritime Reporter on November 17, 2024

The Transportation Ministry reported that the Nazann tanker with a length of 114 metres had a rudder problem. This caused the suspension of both directions in the Bosphorus Strait in Istanbul. The coast guard sent tugboats to the strait after the vessel had mechanical issues.

Hapag-Lloyd CEO says Trump's election win is a mixed bag for shipping

Posted to Maritime Reporter on November 14, 2024

Hapag-Lloyd's CEO said that Donald Trump's election as U.S. president sends mixed signals to global shipping. Positive macroeconomic effects could be offset by damaging tariffs. When asked about the prospects of a Trump Administration, CEO Rolf Habben Jansen said…

Chief Executive says that the Panama Canal could double container transit.

Posted to Maritime Reporter on November 8, 2024

In the coming years, the Panama Canal Authority may double the number of containers moving through the important East-West waterway. The canal's head told a maritime convention on Friday. Chief Ricaurte Vazquez said at the Houston International…

ADNOC L&S signs contracts for 23 supertankers worth $4.4bn, according to the state news agency

Posted to Maritime Reporter on November 7, 2024

ADNOC Logistics & Services has signed contracts for $4.4 billion in order to build 23 supertankers that will transport ethane and ammonia, as well as liquefied gas. This was reported by the UAE state news agency on Thursday. ADNOC CEO Abdulkareem Al Masabi stated that the company…

Fire extinguished on oil tanker safely moored in northern German port

Posted to Maritime Reporter on October 12, 2024

The city of Rostock said that maritime rescue services and firefighter in Germany's Baltic Sea extinguished an oil tanker fire and brought it safely into its port. The ship is safely moored...there's no fire. "The tanker was dragged in Rostock's overseas port early this morning…

Singapore to mandate digital bunker notes starting April 2025

Posted to Maritime Reporter on October 9, 2024

Amy Khor said that Singapore's senior minister for transport Amy Khor announced at the SIBCON2024 conference that marine fuel suppliers in Singapore, the world's biggest bunker hub, would be required to offer digital bunkering and electronic bunker delivery note starting April 1, 2025.

Shipping stocks slide after US port strike ends

Posted to Maritime Reporter on October 3, 2024

Shipping shares fell across Asia Friday, after U.S. port operators and workers reached an agreement to end the strike at docks on the East Coast and Gulf Coast much sooner than expected. Evergreen Marine, Wan Hai Lines, and Yang Ming Marine…

White House encourages unions and employers to negotiate new port contract

Posted to Maritime Reporter on September 27, 2024

A White House official stated that the Biden administration is encouraging unions and employers to quickly and in good faith negotiate a new contract ahead of any possible strike on Tuesday at ports. The International Longshoremen's Association…

Agriculture groups call on White House to act ahead of possible port strike

Posted to Maritime Reporter on September 27, 2024

Nearly 200 agricultural organizations urged the White House on Friday morning to address U.S. agriculture supply chain issues, in light of a possible East and Gulf Coast ports strike that could start on Tuesday. According to the groups, there are "imminent and serious shipping disruptions"…

Agriculture groups ask White House to avoid East Coast port disruption

Posted to Maritime Reporter on September 25, 2024

On Wednesday, agriculture groups urged the White House take action to prevent a possible strike that could start on October 1 at U.S. East Coast and Gulf Coast ports. These ports handle about half of the nation's ocean imports. The American Farm Bureau Federation and other groups…

Canada - Aug 21

Posted to Maritime Reporter on August 21, 2024

These are some of the most important stories in selected Canadian newspapers. These stories have not been verified and we cannot vouch for the accuracy of these stories. Data released on Tuesday showed that Canada's annual rate of inflation slowed to a low of 2.5%, which was in line with forecasts.

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…

CCTV reports that a major Chinese port has reported a blast on a cargo ship

Posted to Maritime Reporter on August 9, 2024

China's Ningbo Zhoushan Port is one of the busiest in the world. State media reported that an explosion occurred on a container vessel on Friday. According to state media, no casualties have been reported following the explosion on YM Mobility around 1:40 p.m.

South Africa steps up fight to contain oil spill from grounded ship

Posted to Maritime Reporter on July 29, 2024

and began to break apart in rainy weather condition on South Africa's. west coast, although there are no signs of affected wildlife. yet, authorities stated on Monday. Rough sea swells have damaged the Panama-flagged general. freight vessel Ultra Galaxy given that it wandered onto a sand bank.

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…
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