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US Says Warship Intercepted Houthi Missile, Merchant Vessel Untouched
The U.S. navy's destroyer the USS Mason intercepted an inbound Houthi anti-ship missile over the Red Sea on Monday, U.S. Central Command said in a statement, after Yemen's Houthis said on Wednesday that they had targeted the warship.The U.S. forces also destroyed two drones, Central Command said.On Wednesday the Houthis said they had also targeted a vessel called "Destiny" in the Red Sea, as part of…
Hapag-Lloyd Raises Lower End of Outlook but Profit Falls
German container firm Hapag-Lloyd on Wednesday raised the lower end of its 2024 outlook amid rising demand and freight rates, but posted an 84% drop in first-quarter net profit.Commercial shipping has faced global disruptions, including in the Red Sea region, where operators are avoiding the Suez Canal because of attacks on vessels by Yemen-based Houthi militants.The crisis has raised freight rates…
Houthis Claim More Ship Attacks, Targetting US Warship and Merchant Vessel
Yemen's Houthis said on Wednesday that they had targeted a U.S. warship and a vessel called "Destiny" in the Red Sea, part of an ongoing campaign of attacks that the Iran-backed group says is designed to show solidarity with the Palestinians in Gaza.In a televised speech, the Houthis' military spokesman Yahya Sarea said they had targeted an American destroyer called "Maysun" in the Red Sea with a number…
Interview: Caroline Yang, CEO, Hong Lam Marine & President, SSA
![“You need all hands on deck to support this: the owners, charterers, bankers and even the governments: all need to have a skin in this decarbonization journey.”
– Caroline Yang, CEO, Hong Lam Marine & President, Singapore Shipping Association [SSA].
Image courtesy Hong Lam Marine](https://images.marinelink.com/images/maritime/w200h200c/you-need-all-hands-on-150051.jpg)
Caroline Yang, by anyone’s standard, is a busy woman. She is the CEO of Hong Lam Marine, a Singapore ship owner, which owns, operates and manages its own fleet of 33 vessels. She also is the president of the Singapore Shipping Association [SSA], a national trade association in one of the world’s most important and dynamic maritime hubs. She shares insight on her dual positions and the many challenges…
Suspected Somali Pirates Taken to Seychelles
A group of suspected Somali pirates has been aprehended and transported to justice officials in Seychelles, EU counter-piracy forces said.The six men are accused of attempting to hijack the Marshall Islands-flagged merchant tanker vessel Chrystal Arctic in the Gulf of Aden on May 10.After the failed attack about 100 naautical miles north of Bosaso, the suspected pirates were arrested by ATALANTA forces and treated for injuries of varying severity.Then…
Orcas Sink Sailing Yacht in Strait of Gibraltar
An unknown number of orcas have sunk a sailing yacht after ramming it in Moroccan waters in the Strait of Gibraltar, Spain's maritime rescue service said on Monday, a new attack in what has become a trend in the past four years.The vessel Alboran Cognac, which measured 15 meters (49 feet) in length and carried two people, encountered the highly social apex predators, also known as killer whales, at 9 a.m.
Australia Sets Date for End of Live Sheep Exports
Australia’s Minister for Agriculture has announced that the nation’s live sheep export trade is to end on May 1, 2028.The end date will be legislated in the Labor government’s current term, after the Department of Agriculture (DAFF) developed a plan for the phase out of the industry which considered the analysis of an independent panel established for the purpose.The government has committed $107 million…
Houthi Leader Vows to Escalate Attacks on Merchant Shipping
The leader of Yemen's Houthis, Abdul Malik al-Houthi, said on Thursday the group would target ships of any company related to supplying or transporting goods to Israel regardless of their destination.He said this was a fourth stage of escalation in retaliation to "the Israeli aggression on Rafah" in the southern Gaza Strip."From now on, we are also thinking about the fifth stage and the sixth stage, and we have very important, sensitive and influential choices on the enemies," he added.Months of
Baltic Dry Index Scales to Six-week High
The Baltic Exchange's dry bulk sea freight index extended its rally on Tuesday to hit its highest in more than six weeks, supported by a jump in the large vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, added 207 points, or 11.03%, to 2,083, touching its highest level since March 25."The dry bulk market has continued to outperform expectations...
Red Sea Disruption Could Cut Asia-Europe Capacity, Maersk Says
Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry's capacity between Asia and Europe by up to 20% in the second quarter.Maersk and other shipping companies have diverted vessels around Africa's Cape of Good Hope since December to avoid attacks by Iran-aligned Houthi militants in the Red Sea, with the longer voyage times pushing freight rates higher."The risk zone has expanded…
Houthis Say They Will Target Ships Heading for Israel Anywhere within Range
Yemen's Houthis will target ships heading to Israeli ports in any area that is within their range, military spokesman Yahya Sarea said in a televised speech on Friday."We will target any ships heading to Israeli ports in the Mediterranean Sea in any area we are able to reach," he said.The Iran-aligned Houthi militants have launched repeated drone and missile strikes on ships in the crucial shipping channels of the Red Sea, the Bab al-Mandab strait and the Gulf of Aden since November to show thei
Maersk Raises Profit Guidance on Strong Demand and Red Sea Disruption
Shipping group Maersk raised its full-year profit guidance after reporting first-quarter earnings on Thursday, citing strong demand and higher freight rates as ships sail for longer to avoid conflict in the Red Sea.The company, viewed as a barometer of world trade, said that shipping disruptions caused by Houthi militants' attacks on vessels in the Red Sea were expected to last at least until the end of the year…
Houthis Attack Four Ships in Indian Ocean, Red Sea
Yemen's Houthis said on Tuesday they targeted the MSC Orion container ship in a drone attack in the Indian Ocean as part of their ongoing campaign against international shipping in solidarity with Palestinians against Israel's military actions in Gaza.MSC Orion was sailing between the ports in Sines, Portugal and Salalah, Oman, according to LSEG data.Reuters found conflicting information about the registered owner of the MSC Orion.
Princess Revises 2025 Cruise Routes Amid Red Sea Tensions
Carnival's Princess banner is revising itineraries of two of its cruises undertaking a global voyage next year, amid uncertainties in the Red Sea, the cruise operator said on Tuesday.The company said the banner's two "2025 World Cruises"—Island Princess and Crown Princess—would no longer be visiting the Middle East and Asia, and instead would offer new port stops in Africa and Europe.Cruise operators…
Concerns Voiced over Potential Restart of New Zealand’s Live Export Industry
The New Zealand government may restart the live export trade which has been banned since May 1, 2023.The ban was imposed in response to veterinarians, animal welfare advocates and the New Zealand public decrying conditions and outcomes for the animals. There have also been multiple disasters for the industry.Animal welfare group SPCA says politicians claiming to be champions of farming and business…
Explosion Damages Containership as Attacks Pick Up in the Red Sea
A vessel that reported on Monday an explosion in its proximity, 54 nautical miles northwest of Yemen's Mokha, has sustained damage but the ship and crew are safe and proceeding to next port of call, the United Kingdom Maritime Trade Operations (UKMTO) agency said.British maritime security firm Ambrey has said that a Malta-flagged container ship in the same location was reportedly targeted with three missiles while on route from Djibouti to the Saudi city of Jeddah.Iran-backed Houthi militants ha
Hapag Lloyd CEO Expects Red Sea Crisis to End This Year
The CEO of German container shipper Hapag-Lloyd said on Monday he expects that the Red Sea crisis can be overcome before the end of the year.Ship operators face prolonged disruption as Yemen-based Houthi militants attack vessels travelling on one of the world's busiest routes, causing costly redirections around Africa."It is my personal expectation that the Red Sea crisis will come to an end before the end of 2024," Chief Executive Rolf Habben Jansen said in an online discussion panel organised
Container Ship Reportedly Targeted with Missiles Near Yemen's Mokha
A Malta-flagged container ship was reportedly targeted with three missiles while on route from Djibouti to the Saudi city of Jeddah, British maritime security firm Ambrey said on Monday.The United Kingdom Maritime Trade Operations (UKMTO) agency said it was informed by the Company Security Officer of an explosion in close proximity to a merchant vessel.UKMTO added that the vessel and its crew were safe and authorities are investigating the incident.Iran-backed Houthi militants have repeatedly la
Esgian Week 17 Report: New Contracts for the North Sea
Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator, believed to be TotalEnergies, for the 400-ft jackup Shelf Drilling Fortress for a campaign in the North Sea.Noble 12,000-ft 7th generation drillship Noble Venturer has secured new contracts in West Africa with Trident Energy and Rhino Resources…
Britain Says Its Navy Shot Down Houthi Missile Targeting Merchant Ship
The U.K. on Thursday said its Royal Navy had shot down a missile fired by the Iran-backed Houthis from Yemen targeting a merchant vessel in the Gulf of Aden."The UK continues to be at the forefront of the international response to the Iranian-backed Houthis’ dangerous attacks on commercial vessels, which have claimed the lives of international mariners," British Defense Secretary Grant Shapps said…
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
