Commercial Shipping News

Subrosa Group (SRG) announced it is rolling out a new Maritime Security (MarSec) division, SRG Maritime Security, to deliver security services globally to the commercial shipping and offshore industries, private vessels and superyachts.SRG's CEO, Niall Burns, said, "The establishment of our Maritime Security division is a direct response to the critical need for elite armed protection for large vessels navigating increasingly perilous waters worldwide. Incidents of maritime attacks are alarmingly on the rise…

The U.S. Transportation Department on Friday said it reached an agreement with Baltimore County to revise an $8.26 million grant agreement to enable Tradepoint Atlantic (TPA) to accommodate more cargo.Repurposing the funds will allow a boost in cargo to Sparrows Point at the Port of Baltimore, which is outside the area affected by last week’s collapse of Baltimore’s Francis Scott Key Bridge and continues to move cargo.The changes will enable Baltimore County and TPA to speed paving at least 10 acres that will be used for an additional cargo laydown area by the end of April…

The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge, and then restore port access to full capacity by the end of May.The main channel has been blocked by wreckage since the fully loaded container ship Dali lost power and rammed into a support column of the Francis Scott Key Bridge on March 26, killing six road workers and causing the highway bridge to tumble into the Patapsco River.The Army Corps…

Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be closed for weeks, it said on Wednesday.The company said its vessel Carmen - which according to shipping data is among the biggest car carriers in its fleet - remained stuck in Baltimore's port, with the ship and its crew ready to sail as soon as the channel was reopened.Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday…

Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday but most commercial shipping remains blocked by the collapsed bridge and stranded container ship that brought the structure down a week ago.A team including the U.S. Coast Guard, U.S. Army Corps of Engineers and the state of Maryland announced crews had cleared a channel with a depth of 14 feet (4.3 meters), similar to the 11-foot channel opened on the opposite side of…

Yemen's Houthis targeted a fuel tanker, Mado, in the Red Sea with naval missile and Israel's Eilat port and resort region with winged missiles, the group's military spokesperson Yahya Sarea said on Tuesday.Mado is a Marshall-Islands flagged liquefied petroleum gas (LPG) tanker heading to Singapore from Saudi Arabia, maritime shipping trackers showed. The Houthis described it as American, but Equasis's shipping database indicates that it is owned by Naftomar Shipping & Trading Co Ltd of Greece.

Efforts to limit environmental damage from a cargo vessel that sank after a Houthi missile strike and another abandoned during a fiery assault are on hold until attacks on ships ease, the United Nations' maritime shipping regulatory agency said on Monday.The UK-owned Rubymar last month became the first vessel lost since the Houthis began targeting commercial ships in the Red Sea area in November. The bulk carrier with 21,000 metric tons of fertiliser contained in its cargo hold…

A daylight inspection showed that a merchant vessel was not hit or damaged in the Red Sea off Yemen's Hodeidah after initial reports it was struck by a missile, the United Kingdom Maritime Trade Operations (UKMTO) and British security firm Ambrey said on Friday.Iran-aligned Houthi militants in Yemen have repeatedly launched drones and missiles against international commercial shipping in the region since mid-November in professed solidarity with Palestinians against Israel's war in Gaza.Their Red Sea attacks have disrupted global shipping…

A merchant vessel reported it had been hit by a missile and sustained damage 76 nautical miles west of Yemen's Hodeidah, the United Kingdom Maritime Trade Operations (UKMTO) and the British security firm Ambrey said on Friday."The vessel has sustained some damage. The crew are reported safe and the vessel is proceeding to its next port of call," the UKMTO said in an advisory note.Ambrey also reported that the ship suffered damage and that there were no injuries.UKMTO said another ship…

The United Kingdom Maritime Trade Operations (UKMTO) organisation said early on Friday that it had received a report that missiles passed near a ship 50 nautical miles (93 km) southwest of al Hudaydah, Yemen."The Master reported two missiles flying over the vessel and heard two loud blasts in the distance," the UKMTO said in an advisory note, referring to the person in command of the ship.It added that the vessel reported no damage and that the crew are reported safe."The vessel is proceeding to its next port of call.

Commercial shipping is one of the main contributors to underwater radiated noise, which has adverse effects on a wide range of marine life, including whales and fish. Therefore, Danish Shipping has recommended its members follow a new set of IMO guidelines aiming to reduce underwater radiated noise and preserve marine biodiversity.The IMO guidelines provide an overview of approaches applicable to designers, shipbuilders, and ship operators to reduce the underwater radiated noise of any given ship.

Yemen's port city of Hodeidah and other western coastal areas were hit on Monday by a dozen airstrikes attributed to a U.S.-British coalition defending ships in the Red Sea, according to Al Masirah, the main Houthi-run television news outlet.The strikes follow the first civilian fatalities and vessel loss since the Iran-aligned Houthis began attacking commercial shipping in November. They also coincide with the first day of the Islamic holy month of Ramadan, a period of fasting for Muslims.Al Masirah did not specify which targets…

The Greek-owned cargo ship True Confidence was hit by a missile about 50 nautical miles southwest of the Yemeni port of Aden on Wednesday in an attack presumed to come from Houthi forces, the ship's owner and operator said.The bulk carrier was drifting with a fire continuing onboard, their statement said, adding that no information was available on the status of 20 crew members and three armed guards onboard.But a shipping source said three sailors were missing from the Barbados-flagged bulk carrier and four others were badly burned.There was no immediate claim of responsibility.

Ships will have to obtain a permit from Yemen's Houthi-controlled Maritime Affairs Authority before entering Yemeni waters, Houthi Telecommunications Minister Misfer Al-Numair said on Monday.Houthi militants have repeatedly launched drones and missiles against international commercial shipping in the Gulf of Aden since mid-November, saying they are acting in solidarity with Palestinians against Israel's offensive in Gaza.The near-daily attacks have forced firms into long and costly diversions around southern Africa…

Attacks by Yemen's Iran-backed Houthis on cargo ships in the Red Seas are having limited effect on trade to Israel and have not led to any significant inflationary pressures, Israel's Finance Ministry said in a report on Monday.Houthi militants have repeatedly launched drones and missiles against international commercial shipping in the Gulf of Aden since mid-November, saying they are acting in solidarity with Palestinians against Israel's military actions in Gaza.Their Red Sea attacks have disrupted global shipping…

Yemen's Iran-backed Houthis vowed on Sunday to continue targeting British ships in the Gulf of Aden following the sinking of UK-owned vessel Rubymar.The U.S. military confirmed on Saturday that the UK-owned vessel Rubymar had sunk after being struck by an anti-ship ballistic missile fired by Yemeni Houthi militants on Feb. 18."Yemen will continue to sink more British ships, and any repercussions or other damages will be added to Britain's bill," Hussein al-Ezzi, deputy foreign minister in the Houthi-led government…

The UK-owned Rubymar, attacked by Houthi militants last month, has sunk in the Red Sea, Yemen's internationally recognized government said on Saturday, warning of an "environmental catastrophe" from the ship's cargo of fertilizer.The vessel is the first lost since the Houthis began targeting commercial shipping in November, forcing shipping firms to divert vessels on to the longer, more expensive route around southern Africa.The Iranian-backed Houthis, who control the north of Yemen and other large centers…

The U.S. military said it conducted strikes on Thursday against anti-ship missiles and an aerial drone that posed a threat to Red Sea shipping.U.S. Central Command (CENTCOM) said its forces shot down an unmanned aerial vehicle (UAV) over the southern Red Sea and conducted two strikes against six mobile anti-ship cruise missiles that were prepared to launch toward the Red Sea, labeling both actions as self-defense.Military officials determined that the missiles and drone "presented an imminent threat to merchant vessels and to the U.S.

Yemen's Houthis will introduce military "surprises" in their Red Sea operations, the Iran-aligned group's leader Abdul Malik al-Houthi said in a televised speech on Thursday."Our military operations will continue and advance and we have surprises that our enemies will not expect at all," al-Houthi said.Houthi militants have repeatedly launched drones and missiles against international commercial shipping since mid-November, saying they are acting in solidarity with Palestinians against Israel's military actions in Gaza.Their Red Sea attacks have disrupted global shipping and forced firms to re

2023 was the first year of real recovery for owners in the offshore supply market and yet we have barely skimmed the surface of what’s to come.The market is still on an upward trajectory with charter rates accelerating month-by-month, availability changing day-by-day, leading to earnings doubling and, in some segments, tripling since the lows of 2020. Current rates will remind many of the glory days of pre-2014 with the demand for OSVs projected to remain elevated for years to come.In general…

The Greek-flagged bulk cargo vessel Sea Champion arrived in the southern Yemeni port of Aden on Tuesday after being attacked in the Red Sea in what appeared to have been a mistaken missile strike by Houthi militia, shipping and military sources said.Shipping risks are escalating due to repeated drone and missile strikes in the Red Sea and Bab al-Mandab Strait by the Iran-aligned Houthis since November. U.S. and British forces have responded with several strikes on Houthi facilities but have so far failed to halt the attacks.The Sea Champion…

Seafarers have the right to refuse to sail on ships passing through the Red Sea in a new industry agreement as the situation escalates and further vessels are attacked by Yemen's Iran-aligned Houthis, a labor union and industry groups said on Friday.The Houthis have targeted commercial ships with drones and missiles in the Red Sea since mid-November in what they describe as acts of solidarity with Palestinians against Israel in the Gaza war.Seafarers remain in the firing line…

Yemen's Iran-aligned Houthis claimed responsibility on Saturday for an attack on the oil tanker M/T Pollux, which U.S. officials said the previous day had been hit by a missile."The naval forces of the Yemeni Armed Forces carried out a targeting operation against a British oil ship (Pollux) in the Red Sea with a large number of appropriate naval missiles," Houthi military spokesperson Yahya Sarea said in a statement, adding the strikes "were accurate and direct".U.S. Central Command…