Maritime Industry Top News
Suez Canal Authority Carries Out Repairs to Missile-hit Vessel
Egypt's Suez Canal Authority said on Monday it had conducted repair work on a missile-hit Greek dry-bulk carrier, highlighting its readiness to restore damaged ships passing through the Red Sea.The Malta-flagged, Greek-owned vessel Zografia had berthed at a floating dock of the authority-affiliated Suez Shipyard Company for repairs after the ship's hull and some components sustained external and internal damage in a Jan.
Red Sea Shipping Disruptions Could be Avoided by Using the Arctic, But Challenges Exist
Attacks by Yemeni Houthi rebels on merchant ships in the Red Sea have hit world trade. Between November and December 2023, the number of containers travelling through the Red Sea each day fell by 60% as ships moving goods between Asia and Europe diverted their routes around the Cape of Good Hope at the southern tip of Africa.This route results in at least ten days more sailing time, so has caused freight prices to surge and has triggered costly delays to production.
VIDEO: UK Naval Ships Collide in Bahrain, No Injuries
Two British Royal Navy mine-hunter vessels were involved in a collision in a port in Bahrain, the Royal Navy said.No one was injured in the accident which occurred in Bahrain Harbor on Friday, it said. An investigation into the incident has been opened.The Royal Navy is working with the U.S. Navy in the Gulf region in an effort to protect Red Sea shipping from an upsurge in attacks by Houthi forces based in Yemen.The Houthis say they acting in solidarity with the Palestinian group Hamas…
American Cruise Lines Christens New Coastal Cat American Glory
American Glory, the second Coastal Cat in American Cruise Lines’ new series of 100-passenger ships, was christened in Key West, Fla. on Sunday. The ceremony took place at Mallory Square where the ship docks when visiting Key West along the company’s newest U.S. itinerary—Florida Gulf Coast & Keys cruises, operating roundtrip from St. Petersburg.Charles B. Robertson, President & CEO of American Cruise Lines…
Two US Navy SEALs Died Raiding Vessel in Gulf of Aden
Two U.S. Navy SEALs who went missing in the Gulf of Aden earlier this month during a raid on a boat carrying Iranian weapons have not been located following an exhaustive search and their status has been changed to deceased, military officials said on Sunday.The SEALs were reported missing after boarding the vessel in a Jan. 11 operation near the coast of Somali, the U.S. Central Command said on X.“We mourn the loss of our two Naval Special Warfare warriors…
TEN Sells 2005-built Suezmax Tanker
Tsakos Energy Navigation (TEN) on Monday announced it has sold one of the older vessels in its fleet, noting it plans to sell additional vessels in the near future.The 164,608 dwt suezmax tanker Eurochampion 2004, built at South Korea's Hyundai Heavy Industries in 2005, was sold to an undisclosed buyer in a deal expected to contribute approximately $40 million to the TEN’s cash balances, the Greek shipowner said.In announcing the sale…
MAN Cryo Ammonia Fuel-supply System Earns AIP
MAN Cryo announced its design for an ammonia fuel-supply system to safely provide ammonia to marine-engine applications has been awarded an Approval in Principle from classification societies, DNV and Bureau Veritas.MAN Cryo, part of MAN Energy Solutions, developed the system in cooperation with Chinese company Yada Green Energy Solutions, with whom the company has previously cooperated to provide equipment for LNG and methanol marine fuels.Xiang Guangqing…
Argeo Searcher Set to Sail to Indian Ocean after Shell’s Nigeria Task
Oslo-listed offshore service company Argeo has informed that its DP2 vessel Argeo Searcher completed the deepwater inspection services at Shell’s Bonga field, and is scheduled to set sail to Indian Ocean for a job with India’s National Centre for Polar and Ocean Research (NCPOR).In a vessel schedule update, released on January 22, 2024, Argeo confirmed its current backlog includes close to $53 million (NOK 550 million)…
Subsea 7 Pipelay Vessel to be Equipped with Huisman’s Crane
Dutch company Huisman has secured a contract from Subsea 7 for the delivery of its 500MT offshore mast crane for one of pipelay vessels for deep water installations.The 500mt Offshore Mast Crane will be equipped with a passive and active heave compensation system on the main hoist to counter-act the vessel’s heave motion when landing a product onto the seabed.Huisman has upgraded its heave compensation system with a variety of new control modes to extend the operational window…
Wallenius Wilhelmsen Signs Korean Customer and Acquires Two RoRo Ships
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a multi-year shipping contract with South Korea’s construction machinery company and taken delivery of two vessels.Through its 80% owned subsidiary EUKOR, Wallenius Wilhelmsen welcomed the 2009-built, 6,600 CEU Morning Camilla vessel following the declaration of a purchase option under the long-term charter-in agreement.The purchase price is $30 million…
Ship Recycling: Few Sales Confirmed
In its Week 3 market report, cash buyer GMS says that even as vessel prices have improved from the lows seen towards the end of 2023 and plate prices made a massive jump in Bangladesh over the last couple of weeks, only a trickle of sales have been confirmed into the recycling markets in 2024 thus far.“There also seems a reluctance from ship owners to bite at current offers in the low USD 500s/LDT, having seen levels around USD 100/LDT higher only a couple of quarters ago.
Australia Recalls Livestock Carrier Destined for Middle East
The Australian Government has recalled the livestock carrier Bahijah after it diverted from the Red Sea over a week into its voyage to the Middle East.The Bahijah loaded cattle and sheep in Fremantle, Western Australia, and departed for the Middle East on January 5, 2024. The vessel has an Israeli company name painted in large letters along the side of the hull.At the time of departure, the Department of Agriculture…
US Strikes Another Houthi Anti-Ship Missile
U.S. Central Command forces on Saturday struck a Houthi anti-ship missile that was aimed into the Gulf of Aden and prepared to launch, the U.S. military said, with the latest round of strikes coming hours after the United States struck three other Houthi anti-ship missiles."U.S. forces determined the missile presented a threat to merchant vessels and U.S. Navy ships in the region, and subsequently struck and destroyed the missile in self-defense," the U.S.
UK to Upgrade Warship Defence Missile System used in Red Sea
Britain's Ministry of Defence said on Sunday it would spend 405 million pounds ($514 million) to upgrade a missile system now being used by the Royal Navy to shoot down hostile drones over the Red Sea.The Sea Viper Air Defence system will be upgraded with missiles featuring a new warhead and software enabling it to counter ballistic missile threats, the MoD said in a statement.The contracts were awarded to the British division of MBDA…
Ship Traffic Resumes in Bosphorus Strait After Incident
Ship traffic in Turkey's Bosphorus Strait is set to resume for northbound vessels as of 1700 GMT on Sunday, after a suspension due to an anchor failure on one ship, the Tribeca shipping agency said.According to a report shared by the agency, the Liberia-flagged tanker Peria's anchor self-released due to bad weather around the Yavuz Sultan Selim bridge area during its passage through the strait and tugs were dispatched for assistance.The ship will proceed to the Kucukcekmece anchorage area under
Drone Attack: Russia Suspends Operations at Ust-Luga
Russian energy company Novatek said on Sunday it had been forced to suspend some operations at a huge Baltic Sea fuel export terminal due to a fire started by what Ukrainian media said was a drone attack.The giant Ust-Luga complex, located on the Gulf of Finland about 170 km (110 miles) west of St. Petersburg, is used to ship oil and gas products to international markets. It processes stable gas condensate - a type of light oil - into light and heavy naphtha…
US Strikes Three Houthi Anti-Ship Missiles
U.S. Central Command forces on Friday conducted strikes against three Houthi anti-ship missiles that were aimed into the Southern Red Sea and were prepared to launch, the U.S. military said on X, formerly called Twitter."U.S. forces identified the missiles in Houthi-controlled areas of Yemen and determined that they presented an imminent threat to merchant vessels and the U.S. Navy ships in the region. U.S. forces subsequently struck and destroyed the missiles in self-defense," the U.S.
DNV, SDTR Marine to Explore CCS for Kamsarmax Bulker
Classification society DNV has entered into a joint development project (JDP) with Singapore-based shipping company SDTR Marine to cooperate on a carbon capture and storage (CCS) feasibility study for the latter’s 85,000 dwt Kamsarmax bulk carrier.As part of the JDP, DNV and SDTR Marine will collaborate on a techno-economic analysis of CCS implementation aboard the bulk carriers. Utilizing DNV's FuelPath…
CMA CGM Reroutes More Ships to Avoid Red Sea Attacks
One of the world's largest container shipping groups CMA CGM on Friday said it would reroute a weekly service between Europe and Australia to avoid attacks in the Red Sea, and that the company expected months of disruption.Attacks by Yemen's Houthi militia on commercial vessels, in response to Israel's war with Palestinian Hamas militants in Gaza, have slowed trade between Asia and Europe, and U.S.
'Seafarers Did Not Sign Up to Be Shot At'
In response to the escalating attacks on ships in the Red Sea, charity group Sailors' Society has initiated an urgent crisis appeal, shedding light on the severe human cost faced by seafarers caught in the conflict.Attacks by Yemen's Houthi militia on ships in the region since November have slowed trade between Asia and Europe, leading to widely reported supply chain disruptions and financial implications…
