Perry News

Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.Austal's shares rose 8.2% in early trade, while the Australian S&P/ASX200 index was flat.The…

Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.Austal's shares rose 8.2% in early trade, while the Australian S&P/ASX200 index .AXJO…

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…

One of two anti-ship ballistic missiles fired by Yemen's Houthis at the container vessel M/V MSC SKY II in the Gulf of Aden hit the ship and caused "damage", the U.S. Central Command (CENTCOM) said on Tuesday.Initial reports indicated no injuries and the Liberian-flagged, Swiss-owned container vessel did not request assistance and continued on its way, CENTCOM said in a statement.A military spokesperson for the Iran-aligned Houthis said on Monday that they targeted the vessel with "a number of suitable naval missiles".

Yemen's Houthis fired a missile that likely targeted the Torm Thor in the Gulf of Aden on Feb. 24 but missed the U.S.-flagged oil tanker, the U.S. Central Command (CENTCOM) said on Monday, as the Iran-aligned militia steps up attacks on ships.Shipping risks have escalated due to repeated Houthi drone and missile strikes in the Red Sea and Bab al-Mandab Strait since November in support of Palestinians in Gaza. U.S. and British forces have responded with several strikes on Houthi…

Five people were killed after a barge collided with a bridge over a waterway in China's Pearl River Delta near Guangzhou city, causing part of the bridge to break off, plunging vehicles into the water, Chinese state media reported on Thursday.The barge was travelling from Foshan city to a southern district of Guangzhou when it crashed into the bridge at 5:30 a.m. (2130 GMT) on the Hongqili Waterway, the Guangzhou Maritime Safety Administration said in a statement.Images on state…

The boarding of a Taiwanese tourist boat by China's coast guard near sensitive frontline islands triggered "panic" among Taiwan's people, a government minister said on Tuesday, but Taiwan's military added it was not planning to get involved.Taiwan, which China claims as its own territory despite the island's rejection, has been wary of efforts by Beijing to ramp up pressure on Taipei following the election last month of Lai Ching-te as president, a man Beijing views as a dangerous…

Chinese state-owned CNOOC has received government approval to build a second berth at its LNG receiving terminal in Yancheng in eastern Jiangsu province, according to a statement from the Shanghai Petroleum and Natural Gas Exchange on Tuesday.The second berth will be one of four such berths on a new platform and will have annual throughput capacity of 6 million metric tons alongside 4 million tons loading and offloading capacity, the statement said.The addition is part of an expansion project for CNOOC's Yancheng green energy port, which is designed to serve the natural gas needs of the provin

A UK-registered cargo ship reported being under attack in the Bab al-Mandab Strait off Yemen on Sunday, said British maritime security firm Ambrey, while UK Maritime Trade Operations agency reported crew abandoning a ship off Yemen after an explosion.Ambrey said on Sunday that a Belize-flagged, UK-registered and Lebanese-operated open hatch general cargo ship had reported being under attack in Bab al-Mandab Strait.The ship was heading north during its journey from Khor Fakkan in the United Arab Emirates to Varna…

Yemen's Iran-aligned Houthis said on Tuesday they had fired missiles at two vessels in the Red Sea, causing damage to the ships.The Houthis have been targeting commercial vessels 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.The group's military spokesman said it had fired naval missiles at the Star Nasia and Morning Tide, identifying the Marshall Islands and Barbados-flagged ships…

Yemen's Iran-aligned Houthis fired missiles at two vessels in the Red Sea, they said on Tuesday, causing minor damage to a cargo ship that was sailing off the coast of Yemen's Hodeidah.The Houthis have been targeting commercial vessels 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.The group's military spokesman said it fired naval missiles at the Morning Tide and Star Nasia…

Philippines President Ferdinand Marcos Jr has approved the third phase of the military's modernization, which includes the purchase of the country's first submarine, in order to defend its maritime sovereignty in the disputed South China Sea.Navy spokesperson for the West Philippine Sea, Roy Trinidad, said on Thursday the third phase of modernization reflected a shift in strategy away from internal to external defense."We may not be a large navy...but we would have a navy that will take care of our territorial rights and sovereignty…

The Indian Navy on Friday rescued the crew of a merchant vessel after its attempted hijack in the Arabian Sea and said it had not found any pirates on board.An Indian Navy warship intercepted the Liberian-flagged MV Lila Norfolk bulk carrier less than a day after it had received a report that the vessel had been hijacked about 460 nautical miles off Somalia.About five to six armed people boarded the vessel on Thursday, according to a report received by the UK Maritime Trade Operations (UKMTO) agency…

Global Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attack on one of Maersk's vessels.Both shipping giants have been re-routing some sailings via Africa's southern Cape of Good Hope as Yemen-based Houthi militants attack cargo vessels in the Red Sea. The disruption threatens to drive up delivery costs for goods, raising fears it could trigger…

U.S. President Joe Biden hoped to present a firm international response to Yemen's Houthi attacks on Red Sea shipping by launching a new maritime force, but a week after its launch many allies don't want to be associated with it, publicly, or at all.Two of America's European allies who were listed as contributors to Operation Prosperity Guardian - Italy and Spain - issued statements appearing to distance themselves from the maritime force.The Pentagon says the force is a defensive…

A U.S. judge has rejected challenges to federal environmental permits and construction approvals for a $4 billion offshore wind farm near Massachusetts, which commercial fishing groups have claimed will harm whales and impair their businesses.U.S. District Judge Indira Talwani in Boston last Thursday tossed the final two federal district court lawsuits directly challenging the Vineyard Wind project roughly 15 miles south of Martha’s Vineyard, which would be the first commercial…

Ukraine struck a large Russian landing warship in Crimea with cruise missiles in an overnight attack that killed at least one person and could hinder any Russian attempt to seize more Ukrainian territory along the Black Sea coast.The Russian defence ministry, cited by the Interfax news agency, said Ukraine had used air-launched missiles to attack the Crimean port of Feodosia and that the Novocherkassk large landing ship had been damaged.Russian Defence Minister Sergei Shoigu had briefed President Vladimir Putin in detail about the attack, the Kremlin said.

Attacks from Houthi-controlled Yemen struck two Liberian-flagged ships in the Bab al-Mandab Strait on Friday, a U.S. defense official said, underlining the threat to vessels in shipping lanes being targeted by the Iran-aligned group.Danish shipping company A.P. Moller-Maersk said it would pause all container shipments through the Red Sea until further notice. German container line Hapag Lloyd said it was considering a similar move.A projectile, believed to be a drone, struck one of the Liberian-flagged vessels, the German-owned Al Jasrah, causing a fire but no injuries, the U.S.

Five more ships are on their way to Ukrainian sea ports using a new corridor opened to resume predominantly agricultural exports, an alternative arrangement to the Black Sea grain deal blocked by Russia, a top Ukrainian official said on Sunday."5 new vessels are waiting to be loaded in Ukrainian ports," Deputy Prime Minister Oleksandr Kubrakov said on the X social media platform."Bulk carriers OLGA, IDA, DANNY BOY, FORZA DORIA, NEW LEGACY are going to export almost 120,000 (metric) tons of Ukrainian grain to Africa and Europe," he added.Kubrakov also said that three bulk carriers - Azara, Ying Hao 01, and Eneida - left Ukrainian ports earlier on Sunday using the "temporary corridor established by the Ukrainian Navy" and carrying 127,000 tons of agricultural products and iron ore.The three

The union representing St. Lawrence Seaway workers in eastern Canada said it reached a tentative labor agreement on Sunday, ending a week-long strike that shut down a key North American trade route linked to the Atlantic Ocean.The Unifor union, representing some 360 workers, said it agreed to a deal with the St. Lawrence Seaway Management Corp (Seaway) that would cover engineering, maintenance, and other worker groups in Ontario and Quebec provinces.Other details of the agreement, which would need to be ratified by the workers, were not shared.

A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.Attacks in recent days on ships in the major Red Sea shipping route have raised the spectre of another bout of disruption to international commerce following the upheaval of the COVID pandemic, and prompted a U.S.-led international force to patrol waters near Yemen.The Red Sea is linked to the Mediterranean by the Suez Canal…

Saudi Arabia has asked the United States to show restraint in responding to attacks by Yemen's Houthis against ships in the Red Sea, two sources familiar with Saudi thinking said, as Riyadh seeks to contain spillover from the Hamas-Israel war.The Iran-aligned Houthis have waded into the conflict that has spread around the Middle East since war erupted on Oct. 7, attacking vessels in vital shipping lanes and firing drones and missiles at Israel itself.The group which rules much…