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Friday, June 7, 2024
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Maritime Law & Regulations News

06 Jun 2024

Malaysia Evicts 500 'Sea Nomads'

© Hanafi Latif / Adobe Stock

More than 500 people from seafaring communities around the coast of Malaysia's Sabah state have been evicted from their homes this week as part of a crackdown against undocumented migrants, local activists said.The Bajau Laut are a community of mostly stateless sea nomads, living offshore in wooden houseboats or huts built on stilts in the Semporna district of Sabah on Borneo island.Born without identification documents, most do not have access to basic facilities such as education, financial or health services.

05 Jun 2024

Greek-Owned Bulker Allegedly Targeted by Houthis

© owr / Adobe Stock

British security firm Ambrey said on Thursday a Greek-owned bulk carrier was allegedly targeted by Yemen's Houthis while travelling northbound in the Red Sea.The ship's transmissions stopped 118 nautical miles east of Massawa, Eritrea when it was underway from Mormugao, India, with its destination as Suez, Egypt, the firm said in a statement that did not name the ship."The alleged 'targeting' of the vessel was aligned to the stated Houthi intent," Ambrey said. "The Houthi language did not indicate they were claiming to have damaged the vessel.

05 Jun 2024

US Expecting Russian Naval Exercises in Caribbean this Summer

© Pavlo Vakhrushev / Adobe Stock

Russia plans to send combat vessels into the Caribbean region this summer as part of naval exercises that will likely include port calls in Cuba and possibly stops in Venezuela, a senior U.S. official said on Wednesday.The United States does not see the move involving a relatively small number of vessels and planes as threatening, but the U.S. Navy will monitor the exercises, the official told a small group of reporters.Tensions between the United States and Russia have increased since Russia's 2022 invasion of Ukraine. The official said Russian naval activity had ratcheted up because of U.S.

05 Jun 2024

Boluda Towage Acquires Les Abeilles

(Photo: Boluda Towage)

Maritime services company Boluda Towage on Wednesday announced it has acquired France-based Les Abeilles International.Les Abeilles provides maritime rescue response services, with coverage along the French and Northern European coasts. Boluda Towage said the acquisition will enhance its capacity to act in case of offshore spills, with highly qualified equipment and state-of-the-art technology. Boluda Towage will also emerge as a new player in the wind energy markets, supporting the construction and maintenance of offshore wind farms.Through the acquisition…

04 Jun 2024

Unseaworthy Bulker Banned from Australian Ports

(Photo: AMSA)

Australia has banned a Cypriot-flagged bulk carrier from entering its ports after inspectors found the vessel to be unseaworthy.The vessel, Peace, is operated by Danaos Shipping, a company which also operates the containership Suez Canal, which was the subject of a prolonged detention by the Australian Maritime Safety Authority (AMSA) in January 2024.AMSA Acting Executive Director Operations Greg Witherall said Danaos Shipping’s failures with the Suez Canal gave the authority…

04 Jun 2024

Cocaine Seized from Container at Port of Gemlik

© tuastockphoto / Adobe Stock

Turkish authorities seized 373 kilograms (822 lb) of cocaine shipped from Latin America and hidden in a container at the Turkish port of Gemlik, detaining nine suspects, Interior Minister Ali Yerlikaya said on Tuesday.The minister said on X that the operation against a criminal group trafficking drugs, "Operation Narco-Steel-20", was carried out in Istanbul and the northwestern city of Bursa.(Reuters - Reporting by Burcu Karakas; Editing by Daren Butler)

04 Jun 2024

Sanctioned Tankers Pose Rising Environmental Risk

© terex / Adobe Stock

Unregulated tankers sidestepping Western sanctions are posing a bigger risk to the Mediterranean region and Greece is undertaking more protective measures to safeguard its coast, the country's shipping minister told Reuters on Tuesday.Up to 850 oil tankers are estimated to form the so-called shadow fleet transporting oil from countries such as Iran and Venezuela as well as Russia, which has multiple restrictions on its oil exports.The ships carrying these oil cargoes pose a massive environmental challenge…

04 Jun 2024

Navies Are Stepping Up to Deter Houthi Red Sea Attacks

(Photo: Samantha Alaman / U.S. Navy)

Closer international cooperation between naval missions in the Red Sea has reduced the number of attacks by Yemen’s Houthis over the past week, Greek Shipping Minister Christos Stylianides told Reuters in an interview on Tuesday.Greece is the home of the headquarters of the European Union's naval operation in the Red Sea, which is dubbed "Aspides" and in Greek means "Shields"."For us, it is a satisfaction that during the past week we see a notable reduction in the number and intensity of attacks.

04 Jun 2024

Egyptian Man Who Survived Shipwreck Denies Causing Greece Boat Disaster

© polack / Adobe Stock

Ahmed Alkwrab thought his ordeal was over last June when he survived one of the deadliest shipwrecks ever recorded in the Mediterranean Sea and finally set foot on European soil.Hours after a fishing trawler carrying hundreds of migrants capsized, however, the Egyptian housepainter found himself being interrogated by Greek authorities who then charged him and eight others with smuggling and causing the disaster.If convicted, he would have faced life imprisonment."When they sat me in a room by myself and shut me in, the fear began. What's wrong? What's happened?

04 Jun 2024

ABB Acquires DTN Weather Routing Business for Shipping

(Image: ABB)

ABB Marine & Ports has finalized its acquisition of DTN’s portfolio for weather routing in shipping. The transaction was completed today, following an earlier announcement of an agreement with global data and analytics group DTN to acquire the shipping business of DTN Europe BV and DTN Philippines Inc., on January 24, 2024.The acquisition brings with it advanced routing services, including a selection of digital solutions that are brought under the ABB Ability portfolio of digital solution as Routing Services.

03 Jun 2024

Philippine Military says Troops acted Professionally in South China Sea

© pingebat / Adobe Stock

The Philippine military on Tuesday rejected Chinese allegations that troops stationed on a warship grounded on a disputed South China Sea shoal had pointed guns at its coast guard, insisting its personnel maintained professional conduct.Philippine troops are governed by rules of engagement and acted with the highest level of professionalism, military spokesperson Francel Margareth Padilla told a press conference.Chinese state media said on Sunday personnel on a Philippine ship pointed guns at China's coast guard last month at the Second Thomas Shoal…

03 Jun 2024

World Shipping Council Welcomes New SOLAS Regulations

Source: IMO

The World Shipping Council (WSC) has applauded the recent adoption of amendments to SOLAS at MSC 108. Starting January 1, 2026, these amendments will require mandatory reporting of all containers lost at sea, setting a new standard for maritime safety and environmental protection.“The new regulations, specifically amending SOLAS Chapter V Regulations 31 and 32, mark a significant advancement in maritime safety and environmental protection. By ensuring prompt and detailed reporting of lost and drifting containers…

03 Jun 2024

Inchcape Shipping Services Acquires Grieg Logistics

(File photo: Grieg Logistics)

Port agency and marine services company Inchcape Shipping Services on Monday announced it has acquired Grieg Logistics AS from the Grieg Group, strengthening its presence in the NordicsUnder the new ownership, Grieg Logistics will continue to operate under the same name for a period and existing management headed by CEO Stig Trygve Andersen.Grieg Logistics operates terminals at Tønsberg, Mosjøen and Skålevik, and it has offices in Tønsberg, Larvik, Bergen, Mongstad, Kristiansund and Mosjøen, offering ship agency services all along the Norwegian coastline, mainly with its own staff.

03 Jun 2024

Blank Rome Welcomes Maritime Partner Luke Reid

Luke M. Reid (Photo: Blank Rome)

Luke M. Reid has joined Blank Rome as a partner in the firm’s Maritime group and as a member of the Transportation industry team in the Boston office. A former U.S. Coast Guard officer, Reid advises clients in connection with all aspects of international and domestic maritime regulatory compliance, as well as representing maritime clients in connection with government investigations, criminal and civil litigation, defense of maritime regulatory enforcement actions, environmental enforcement defense, and international law.

03 Jun 2024

Retired US Navy Admiral Arrested for Bribery

Robert Burke (Photo: U.S. Navy)

A retired U.S. Navy admiral and two business executives were arrested on criminal charges related to a bribery scheme involving a U.S. government contract.An indictment unsealed on May 31 alleges that from 2020 to 2022, Robert Burke—once the Navy’s second-highest-ranking officer—used his status to help the executives of New York-based workplace tech platform Next Jump win military contracts.Admiral Burke disputes the charge and plans to plead not guilt, Burke’s attorney told the media.From 2018 to 2019…

03 Jun 2024

Deflating Mythology: New Book Unpacks the History Behind the Jones Act

(Image courtesy Charlie Papavizas)

The impacts of Section 27 of the Merchant Marine Act of 1920, today commonly referred to as the Jones Act, are often debated in maritime circles. But the well-known U.S. law, which requires vessels that transport goods between U.S. ports to be American-built, -flagged, -owned and -crewed, hasn’t always been a hot button issue, according to Charlie Papavizas, author of a new book on the subject, Journey to the Jones Act: U.S. Merchant Marine Policy 1776-1920.A leading maritime attorney…

03 Jun 2024

Japanese Whaler Says It's Not Planning to Hunt in Antarctic

The operator of Japan's first domestically-built whaling mothership in more than seven decades said on Thursday it had no plans to send the whaler to the Antarctic Ocean, although the new vessel is capable of reaching the region.The 7.5 billion yen ($48 million) Kangei Maru, whose construction was completed less than two months ago, has a cruising range of 7,000 nautical miles."This ship is designed to be able to go to the Antarctic Ocean. But we won't be going to the Antarctic as long as we are engaged in commercial whaling…

02 Jun 2024

US Forces Destroy Houthi Drone, Ballistic Missiles

An operations specialist stands watch at the anti-air warfare coordinator console in the combat information center aboard the Arleigh Burke-class guided-missile destroyer USS Gravely. Source: US Navy Petty Officer 1st Class Jonathan Word

U.S. forces on Saturday destroyed one Iran-backed Houthi uncrewed aerial system in the southern Red Sea and saw two others crash into Red Sea, U.S. Central Command said.The Central Command forces also destroyed two Houthi anti-ship ballistic missiles fired in direction of the USS Gravely, it said. No injuries or damage were reported by U.S., coalition or commercial ships, it said.(Reuters - Reporting by Timothy Gardner; Editing by William Mallard)

02 Jun 2024

China Says Philippine Personnel Pointed Guns at Chinese Coast Guard

President Ferdinand R. Marcos Jr.  courtesy of Philippine Government

Chinese state media said on Sunday that personnel on a Philippine ship pointed guns at China's Coast Guard in disputed waters of the South China Sea last month.At least two personnel on the Philippine vessel near the Second Thomas Shoal were carrying guns on deck, pointing them in the direction of China's Coast Guard, CCTV said in a social media post.An accompanying 29-second video appeared to show a masked man momentarily holding up a blurred black object that resembled a rifle.China claims almost the entire South China Sea…

31 May 2024

Cleaner Shipping Fuel is Contributing to Ocean Warming, Scientists Say

© stockbusters / Adobe Stock

Shipping fuel regulations introduced in 2020 have led to a substantial cut in sulphur dioxide (SO2) pollution, but may also have made the ocean warmer by reducing cloud cover, according to a modelling study in a paper published late on Thursday.International Maritime Organization (IMO) rules to tackle marine pollution forced shippers to cut their fuel sulphur content to 0.5% from 3.5%, leading to an 80% decline in SO2 emissions, according to a research team led by Tianle Yuan at the University of Maryland.SO2…

31 May 2024

Houthis Claim Attack on US Aircraft Carrier

Nimitz-class aircraft carrier USS Dwight D. Eisenhower (CVN 69) (Photo: Eric Edinger / U.S. Navy)

Yemen's Houthis launched a missile attack in the direction of the U.S. aircraft carrier Eisenhower in the Red Sea in response to U.S. and British strikes on Yemen, the Iranian-backed group's military spokesperson Yahya Saree said on Friday.A U.S. defense official told Reuters they were not aware of any attack on the Eisenhower.Six U.S. and British strikes have killed 16 people and wounded 41, including civilians, Saree said in a televised statement.Strikes on the province of Hodeidah targetedthe port of Salif…

30 May 2024

Two Ferries Damaged in Ukraine Strike on Crimea

© peteri / Adobe Stock

Ukraine's military said on Thursday it had damaged two ferries in Russian-held Crimea and halted their operations between the peninsula and the Russian mainland.A Russia-appointed official in Crimea, Nikolai Lukashenko, had earlier acknowledged the strike in the port of Kerch, saying debris from downed Ukrainian missiles had damaged the vessels and operations on the ferry line had been suspended.Ukraine's General Staff, in a statement on the Telegram messaging app, said the assault was carried out by Western-supplied Army Tactical Missile Systems (ATACMS)."As a result of the strike…

30 May 2024

China Defence Chiefs to Talk Thorny Issues

Source: US Department of Defense

U.S. Defense Secretary Lloyd Austin will meet with his Chinese counterpart on Friday for the first time since 2022 to discuss contentious issues such as Taiwan and the South China Sea, but also the importance of communicating, Pentagon officials said.U.S. President Joe Biden and Chinese President Xi Jinping have sought to manage tensions, and in November the two leaders agreed to resume direct military talks.Since then the two sides' militaries have held discussions, but Austin's…

30 May 2024

Houthis Vow to Escalate Military Operations

© neiezhmakov / Adobe Stock

Yemen's Houthis will continue their military operations and escalate them "in quality and quantity" in support of Palestinians in Israel's war in Gaza, the Iran-backed group's leader Abdulmalik al-Houthi said in a televised speech on Thursday.The group have been attacking ships in the Red Sea region since November, forcing shippers to re-route cargo to longer and more expensive journeys around southern Africa.

29 May 2024

Houthis Claim to Attack Six Ships in Three Seas

French frigate FS Forbin assists bulk carrier Laax, which was hit by Houthi anti-ship ballistic missiles in the Red Sea (Photo: French Armed Forces)

Yemen's Houthis launched attacks on six ships in three different seas, the Iran-backed group said on Wednesday, including the Marshall Islands-flagged bulk carrier Laax that was damaged after reporting a missile strike off the Yemeni coast.Security and shipping sources confirmed the Houthis hit the Laax in a barrage of attacks on Tuesday. In a televised speech, the group also said it targeted the Morea and Sealady in the Red Sea, the Alba and Maersk Hartford in the Arabian Sea…

28 May 2024

When War Risk becomes War Reality: Growing Insurance Complexity

© Sofiia / Adobe Stock

Marine insurers and legal practitioners are grappling with unresolved challenges even two years after the outbreak of the Russia-Ukraine war. The conflict had brought chaos “not only in the lives of those in the region, but for the maritime industry trying to make sense of the shock,” said Burkhard Fischer, 2023-24 chairman of the Association of Average Adjusters, in his address to the body’s annual conference in London on May 9, 2024.Headlining his talk When War Risk becomes War Reality…

28 May 2024

Bulker Damaged near Yemen by Two Missile Attacks

© woodpencil / Adobe Stock

A bulk carrier already taking on water after a Houthi missile attack off the coast of Yemen on Tuesday has reported further damage from a second strike, the United Kingdom Maritime Trade Operations said on Tuesday.Maritime security and shipping sources earlier in day identified vessel as the Marshall Islands-flagged Laax.Yemen's Iran-aligned Houthis have launched more than 50 attacks in the Red Sea region since November in what they say is solidarity with Palestinians. They since have expanded to the Indian Ocean.The Houthis have sunk one ship…

28 May 2024

Orsted, New Jersey Reach Settlement Over Canceled Offshore Wind Farms

© Fokke Baarssen / Adobe Stock

New Jersey officials said the state will receive $125 million from a legal settlement with Denmark's Orsted ORSTED.CO over the company's cancellation last year of two offshore wind farm projects.The New Jersey Board of Public Utilities said in a statement that the funds will be used for investments in wind component manufacturing facilities and wind farms.The settlement comes nearly seven months after Orsted said it would stop developing the Ocean Wind 1 and 2 projects off the coast of New Jersey as it struggled with soaring costs and supply chain delays.The cancellations triggered an angry re

28 May 2024

Armada Raises $3.2 Million In Seed Funding

(Image: Armada Technologies)

Armada Technologies announced the close of its seed funding round, raising a total of $3.2 million, including contributions from both strategic partners and traditional financial investors to advance eco-friendly maritime solutions.Cool Company Management Ltd. (CoolCo) a strategic partner within the liquefied natural gas (LNG) space, is to part-fund Armada equipment that will be installed on its vessels with this seed round. Ecochlor, Inc. continues to provide investment and technical support to the company as its growth partner.

28 May 2024

Greece Finds 109 Kilos of Cocaine in Ship Container with Frozen Squid

© Lucia / Adobe Stock

Greek authorities confiscated more than 109 kg (240 pounds) of cocaine hidden in a container with frozen squid aboard a vessel inspected at the port of Piraeus, police sources said on Tuesday.The container was shipped from Peru and its destination was Croatia, one of the officials said.South American production of cocaine has surged over the past decade and Balkan traffickers have helped turn Europe into the world’s No. 1 cocaine market.Greece last week said it had dismantled an international criminal group trafficking cocaine in shipping containers from Latin America to Europe…

27 May 2024

Houthis Say They Attack Three Ships, Two US Destroyers

The Arleigh Burke-class guided-missile destroyer USS Mason (DDG 87) transits the Bab al-Mandeb Strait, April 8. Photo by: Petty Officer 2nd Class Kalvin K, US Navy

Yemen's Iran-backed Houthis said on Monday they launched attacks on three ships in the Indian Ocean and the Red Sea, and two U.S. destroyers in the Red Sea.The group, which describes its attacks as acts of solidarity with Palestinians in Israel's war in Gaza, said the ships were the Larego Desert and the MSC Mechela in the Indian Ocean, and the Minerva Lisa in the Red Sea. It did not name the destroyers.There was no immediate confirmation from shipping companies or the U.S. military of any attacks in those areas.The Houthis' military spokesperson…

27 May 2024

Greek shipping Getting to Grips with EU ETS Compliance Issues

Ralf Garrn courtesy of OceanScore

Validation of voyage emissions data and contractual arrangements for allocation of EU ETS costs remain key challenges for Greek shipowners as they face an estimated total €335 million bill this year, potentially rising to €1bn once the regulation is fully implemented, according to OceanScore.Some 2,135 vessels owned or operated by around 400 Greek shipping companies are presently racking up liabilities under the EU Emissions Trading System (EU ETS) that will require them to surrender EU Allowances (EUAs) next year for GHG emissions incurred during 2024.Maritime data analytics firm OceanScore…

26 May 2024

IMO Maritime Safety Committee Condemns Red Sea Attacks

Source: IMO

Member states of the IMO have called for an immediate end to ongoing attacks on ships and seafarers transiting through the Red Sea and Gulf of Aden.In a resolution adopted in London, IMO’s Maritime Safety Committee condemned the attacks as “illegal and unjustifiable”, posing a direct threat to the freedom of navigation in one of the world's most critical waterways, while causing major disruptions to regional and global trade.It is the first resolution to be adopted by IMO member states on this issue since the Houthis seized the MV Galaxy Leader in November 2023.

26 May 2024

China Ends War Games

© Peter Hermes Furian / Adobe Stock

China ended two days of war games around Taiwan in which it simulated attacks with bombers and practiced boarding ships, exercises that Taiwan condemned as "blatant provocation" on Saturday, detailing a surge of Chinese warplanes and warships.Chinese state television's military channel said late on Friday the drills had concluded. A commentary in the official People's Liberation Army Daily said they had lasted for two days from Thursday to Friday, as previously announced.China's defence ministry did not answer calls seeking comment on Saturday.China…

26 May 2024

Houthis Claim Attacks on Three Ships Including One in Mediterranean

© bong / Adobe Stock

Yemen's Houthis launched attacks on three ships in the Red Sea, Mediterranean Sea and Arabian Sea, the Iran-aligned group said on Friday, although the manager of the ship allegedly attacked in the Mediterranean said there was no sign of such an incident.The reported attacks are the latest in a months-long campaign of Houthi strikes against regional shipping in what the group says is solidarity with Palestinians fighting Israel in the Gaza war.The Houthis' military spokesman Yahya Sarea said in a televised speech that Houthi forces had targeted the Yannis ship in the Red Sea…

26 May 2024

North Korea Accuses US, South Korea of Spying

© Peter Hermes Furian / Adobe Stock

North Korea's defence ministry accused the United States and South Korea of ramping up reconnaissance activities around the inter-Korean border, warning that it will act if its sovereignty and security is violated, state media KCNA said on Sunday.North Korea's vice defence minister Kim Gang Il said the U.S. had flown at least 16 of its RC-135 and U-2S strategic reconnaissance planes and RQ-4B drone over the Korean peninsula between May 13 and 24.He also accused South Korea's navy…

24 May 2024

Boluda Towage Acquires SMS Towage

(Photo: Boluda Towage)

Boluda Towage announced it has reached a deal to acquire British company SMS Towage Ltd.The acquisition involves taking over the harbor and offshore towage services and marine operations, together with the management, office staff, crew, and fleet, based in the United Kingdom. SMS is presently operating in the U.K. ports/regions of, Tyne, Tees, Humber, Portsmouth, South Wales and Belfast with a fleet of 20 tugs. According to family-owned Boluda Towage, the addition of SMS will strengthen its position in the U.K.…

24 May 2024

Cargo Ship Freed from Suspected Pirates off Somalia

(Photo: EUNAVFOR ATALANTA)

The European Union's anti-piracy force in the Indian Ocean and Red Sea said on Friday the Liberian-flagged merchant vessel Basilisk had been freed from suspected pirates off the coast of Somalia and its 17 crew members were safe.The ship was attacked by suspected pirates on Thursday around 380 nautical miles east of Somalia's capital Mogadishu while sailing north, the EU Naval Force said in a statement.The EU said its forces boarded the Basilisk from a helicopter on Thursday night, having sent one of its Operation Atalanta warships to respond earlier in the day.A male crew member who was injur

24 May 2024

China's Second Day of War Games Around Taiwan Tests Ability to “Seize Power”

© Mariusz / Adobe Stock

China's military carried out a second day of war games around Taiwan on Friday, with drills to test their ability to "seize power" and control key areas, exercises it has said were launched to punish Taiwan's President Lai Ching-te.The two days of drills in the Taiwan Strait and around groups of Taiwan-controlled islands near the Chinese coast started just three days after Lai took office. Taiwan has condemned China's actions.China, which views democratically governed Taiwan as its own territory and denounces Lai as a "separatist"…

23 May 2024

Pirate Attack Confirmed Off the Coast of Somalia

© momentscatcher / Adobe Stock

A possible pirate attack off the coast of Somalia has been confirmed by Operation ATALANTA, the European Union's anti-piracy force in the Indian Ocean and Red Sea.The confirmation comes after the United Kingdom Maritime Trade Operations (UKMTO) agency said on Thursday that it received a report of a merchant vessel being boarded 420 nautical miles southeast of Merca, Somalia. UKMTO's statement said an unknown number of unauthorized people from two small craft were reported to have…

23 May 2024

Houthis Expand Target Area with Claimed Mediterranean Ship Attack

© Björn Wylezich / Adobe Stock

The leader of Yemen's Houthis, Abdul Malik al-Houthi, said on Thursday that one of their operations this week targeted the Mediterranean Sea.Earlier this month, al-Houthi had said that all ships heading to Israeli ports would be targeted by the Iran-backed group, not just those in the Red Sea region which it has targeted before.No incident from the area was reported this week, and Reuters could not independently verify the contents of the statement.(Reuters - Reporting by Jana Choukeir and Yomna Ehab; editing by Philippa Fletcher)

23 May 2024

Seaman’s Manslaughter

© chokniti / Adobe Stock

How to avoid and address potential prosecution following marine-incident deaths.In recent years, there has been a resurgence in criminal prosecutions of maritime personnel, vessel owners and operators and other individuals and corporations under the federal Seaman’s Manslaughter statute (18 U.S.C. § 1115). Recent examples of such prosecutions include the guilty verdict against Jerry Boylan, who was the captain of the Conception, a 75-foot passenger vessel that caught fire and burned to the waterline while anchored at Santa Cruz Island, Calif.

23 May 2024

Merchant Vessel Reportedly Boarded off Somalia

© By Lucia / Adobe Stock

The United Kingdom Maritime Trade Operations (UKMTO) agency said on Thursday that it had received a report of a merchant vessel being boarded 420 nautical miles southeast of Merca, Somalia.UKMTO said in a statement that an unknown number of unauthorized people from two small craft were reported to have boarded the vessel.Between 2008 and 2018, Somali pirates caused havoc in the waters off the country's long coastline. They had been dormant until late last year when pirate activity started to pick up again.(Reuters - Reporting by George Obulutsa; Editing by Alexander Winning)

22 May 2024

Greenhouse Gases are Marine Pollution, Maritime Court Finds

© Yellow Boat / Adobe Stock

A global maritime court found on Tuesday that greenhouse gases constitute marine pollution, a major breakthrough for small island states threatened by the rise in sea levels caused by global warming.In its first climate-related judgment, the International Tribunal for the Law of the Sea said emissions from fossil fuels and other planet-warming gases that are absorbed by the oceans count as marine pollution.Its ruling - an "advisory opinion" that should nevertheless provide a precedent…

22 May 2024

UK Ban on Live Animal Export Receives Royal Assent

Source: Defra

A new ban on exporting live animals came into law in the UK on May 20 as the Animal Welfare (Livestock Exports) Act received Royal Assent.The act capitalizes on post-Brexit freedoms to bolster the UK’s position as a world leader in animal welfare standards, said the Department for Environment, Food & Rural Affairs.“The legislation delivers on a key manifesto commitment to ban the export of live animals including cattle, sheep, and pigs for slaughter and fattening from Great Britain.

21 May 2024

New Chair of Association of Average Adjusters Says Communication is Key

© biancia / Adobe Stock

Ann Waite has been elected to chair the Association of Average Adjusters for the year 2024-25. She is the first woman to hold the office in the history of the association, which was founded in 1869.At the annual general meeting of Fellows on May 8, 2024, Waite was also elected an Honorary Fellow of the Association, which she has served as secretary for 11 years.She succeeds Burkhard Fischer, a director of Albatross Adjusters, Limassol.Waite runs a London-based independent claims management company…

21 May 2024

US Probes Canadian Ballast Water Regulations After Shipping Companies Cry Foul

© james_pintar / Adobe Stock

U.S. regulators are investigating potential unfair trade practices within pending Canadian regulations governing ballast water management systems of ships in the U.S.-Canada Great Lakes trade.The Federal Maritime Commission (FMC) on Tuesday said it launched the probe to determine if the pending regulations have a disparate effect on U.S. flagged vessels and constitute a Foreign Shipping Practices violation under 46 U.S.C. Chapter 423.U.S.-based companies operating ships in the…

20 May 2024

Norwegian Cruise Raises Forecast—Again

© Cerib / Adobe Stock

Norwegian Cruise Line Holdings on Monday raised its full-year profit forecast for a second time in less than three weeks, betting on record demand for cruise vacations and higher ticket prices, sending its shares up as much as 7.7%.More travelers are choosing sea-based vacations that offer a range of fun activities under one roof, compared to expensive land-based holidays, benefiting cruise operators and giving them room to raise prices.Expectations have also been high for the Miami-based Norwegian after strong booking trends drove up results and shares last year, and rival Royal Caribbean Gro

20 May 2024

Hungary Detains Captain of Cruise Ship Involved in Danube Collision

© Daniel / Adobe Stock

Hungary has detained the captain of a Swiss-based cruise ship involved in a collision with a small motor boat on the Danube River late on Saturday that killed two people, with five others still missing, police said on Monday.The accident was reported on Saturday night after a 35-year-old man was found with a bleeding head wound near a main road by the river near Veroce, 55 km (34 miles) north of the capital Budapest.The body of a man was recovered downstream south of Veroce, while a woman's body was found further downstream near a bridge on the northern outskirts of Budapest…

20 May 2024

Saltchuk to Acquire Overseas Shipholding Group

(File photo: OSG)

Seattle-headquartered Saltchuk on Monday announced it has entered into a definitive agreement to acquire Overseas Shipholding Group (OSG), a New York-listed marine transportation company based in Tampa, Fla., in a deal worth $950 million.Privately-held Saltchuk—OSG’s largest shareholder—said the transaction assigns OSG an aggregate equity value of approximately $653 million. Under the deal's terms, Saltchuk will commence a tender offer to acquire all outstanding shares of OSG it does not already own for $8.50 per share in cash…

19 May 2024

Australia and Indonesia Wrap-Up Maritime Security Operation

Source: Australian Border Force

Australia and Indonesia have completed a coordinated international maritime security operation to detect, deter and combat illegal activities at sea.Between May 8 and 17, Australian and Indonesian agencies undertook Operation GANNET within the Timor Sea Area of Operations, which includes waters around Ashmore Island.The operation comprised vessels, aircraft and personnel from the Indonesian Maritime Security Agency (BAKAMLA), Ministry of Marine Affairs and Fisheries Republic of Indonesia (PSDKP)…

19 May 2024

FuelEU Regulations Leave DoC Holder with Fuel Liabilities Risk

© Carabay / Adobe Stock

Implementation of the FuelEU Maritime regulation from 2025 presents an accountability dilemma for shipping as it is currently the Document of Compliance (DoC) holder that will be held responsible for fuel selection and could therefore face penalties - contrary to the ‘polluter pays’ principle, according to OceanScore.Shipping companies must start preparing now for the regulation as they face an August 31 deadline to submit a monitoring plan to track the fuel type and consumption for each EU voyage for each vessel as required by FuelEU…

19 May 2024

Philippines to Vigorously Defend Territory, President Says

Source: Philippines Government

Philippine President Ferdinand Marcos Jr said on Saturday the country will "vigorously defend what is ours", in a thinly veiled reference to mounting tensions with China over maritime disputes.The conduct against intruders disrespecting Philippine territorial integrity will be guided by law and the responsibility as a rules-abiding member of the international community, Marcos said in a speech to graduating military cadets."Against intruders who have been disrespecting our territorial integrity…

17 May 2024

Houthis Will Target All Ships Heading to Israel, Group Says

© Sarit Richerson / Adobe Stock

All ships heading to Israeli ports will be targeted by Yemen's Iran-backed Houthis and not just in the Red Sea region, the group's leaded Abdulmalik al-Houthi said in a televised speech on Thursday.The group has threatened to extend their attacks on ships heading to Israeli ports to the Mediterranean Sea, in what they say is a campaign of solidarity with Palestinians during Israel's war with Hamas in Gaza.Al-Houthi urged China, Russia, Asian and European countries to not transport goods to Israeli ports.Houthis have previously said their main targets are Israel…

17 May 2024

UK Imposes Sanctions Over Russia-North Korea ‘Arms-for-oil’ Trade

© Feng Yu / Adobe Stock

Britain announced sanctions on Friday against three companies and one individual over what it called the "illicit ‘arms-for-oil’ trade" between Russia and North Korea.The announcement followed a decision by the United States to impose sanctions on two Russian individuals and three Russian companies for facilitating arms transfers between Russia and North Korea, including ballistic missiles for use in Ukraine."The sanctions highlight the joint malign efforts of Russia and the DPRK (North Korea) to circumvent (U.N.) sanctions on petroleum products…

16 May 2024

US Says Warship Intercepted Houthi Missile, Merchant Vessel Untouched

USS Mason (DDG-87) (Photo: Chris Krucke / U.S. Navy)

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 a campaign of attacks the Iran-backed group says it is carrying out in solidarity with the Palestinians in Gaza.A U.S.

15 May 2024

UK Bill Banning Live Animal Export Ready for Royal Assent

The Animal Welfare (Livestock Exports) Bill had its third reading in UK Parliament on May 14 and now awaits Royal Assent to become law. The bill seeks to end the export of cattle, horses, sheep, goats and pigs for fattening and slaughter from and through England, Wales and Scotland.A speech made by UK King Charles on November 7, 2023, set out the government's agenda for the coming political year which included the bill.The legislation follows a 2020 consultation on ending live…

15 May 2024

Hapag-Lloyd Raises Lower End of Outlook but Profit Falls

© Thorsten Schier / Adobe Stock

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 because alternative trips around Africa's southern tip are longer and expensive."Global container volumes were up quite significantly especially in January and February…

15 May 2024

Houthis Claim More Ship Attacks, Targetting US Warship and Merchant Vessel

File photo: USS Mason (DDG-87) (Photo: Bill Mesta / U.S. Navy)

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 of "appropriate naval missiles".Houthis targeted the vessel Destiny because it had been en route for the Israeli port of Eilat on April 20…

14 May 2024

MSC 108 to Discuss Red Sea Attacks

Source: IMO

The Maritime Safety Committee (MSC) will meet in person for its 108th session at IMO Headquarters in London from May 15 to 24, 2024. The Committee will address the urgent issue of maritime security in the Red Sea area. Since the hijacking of the MV Galaxy Leader in November 2023, which is still detained, there have been over 40 incidents where ships have been threatened or attacked in the Southern Red Sea and Gulf of Aden. These attacks have targeted seafarers, several of whom have been killed or suffered life-changing injuries.

14 May 2024

Suspected Somali Pirates Taken to Seychelles

(Photo: EUNAVFOR)

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, an  ATALANTA warship transported…

14 May 2024

Russia Steps in After India Drops Safety Cover for Sanctioned Vessels

© broccoli.studio / Adobe Stock

India's ship certification agency has withdrawn safety cover issued to Russian oil tankers that have been placed under U.S. sanctions, according to its website, with the vessels instead turning to a domestic provider.Major insurers and ship engine makers have already  withdrawn cover for Russia's tanker fleet, which Moscow is relying on to maintain the country's oil trade after Washington and its allies including the European Union imposed a raft of sanctions for its invasion…

14 May 2024

Final Rule on Demurrage & Detention Cleared to Take Full Effect May 28

© Brad Nixon / Adobe Stock

The final rule on Demurrage and Detention Billing Practices is clear to take full effect on May 28, 2024, following recent actions by the Office of the Management and Budget (OMB) and the Federal Maritime Commission (FMC).The FMC issued its final rule on Detention and Demurrage Billing Practices on February 23, 2024, and gave notice of the May effective date except for the “Contents of Invoice” section 541.6. That provision of the rule contains an information collection under the Paperwork Reduction Act and required OMB review and approval.

13 May 2024

U.S. and Taiwan Navies Quietly Held Pacific Drills in April, Sources Say

Sept. 20, 2022: Operations Specialist 2nd Class Quiana Jordan, from East Orange, New Jersey, stands tactical information coordinator watch in the combat information center of the guided-missile destroyer USS Higgins (DDG 76) transits through the Taiwan Strait. (U.S. Navy photo by Mass Communication Specialist 1st Class Donavan K. Patubo)

The U.S. and Taiwan navies conducted joint drills in the Pacific in April that, officially, did not take place, four people briefed on the matter said, as the two militaries boost cooperation amid rising Chinese military threats.Washington and Taipei have been expanding their military cooperation in recent years amid almost daily Chinese incursions into Taiwan's air defence identification zone and drills by Chinese forces near the island.U.S.-Taiwan military engagement, including visits and training…

13 May 2024

Siem Offshore Rebrands as Sea1 Offshore Following Chairman Exit

(File photo: Siem Offshore)

Siem Offshore has changed its name to Sea1 Offshore followong an ownership change that saw the company's founder and chairman exit the Norwegian offshore support vessel (OSV) firm.Kristian Siem, longtime leader of Siem Offshore, stepped away earlier this year after reaching a deal to acquire nine vessels in exchange for his 35% stake in the company.The name has been formally registered in the Cayman Islands Registrar of Companies and change officially took effect May 7, 2024.

12 May 2024

Philippines Sends Ships to Disputed Atoll

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The Philippines said on Saturday it has deployed ships to a disputed area in the South China Sea, where it accused China of building "an artificial island" in an escalating maritime row.The coast guard sent a ship "to monitor the supposed illegal activities of China, creating 'an artificial island'," the office of President Ferdinand Marcos Jr said in a statement, adding two other vessels were in rotational deployment in the area.Philippine Coast Guard spokesperson Commodore Jay Tarriela told a forum there had been "small-scale reclamation" of the Sabina Shoal…

10 May 2024

Vessel Hijacking Attempt Reported off the Coast of Yemen

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The United Kingdom Maritime Trade Operations (UKMTO) organization said on Friday it had received a report of a failed hijacking attempt of a vessel 195 nautical miles east of Yemen's Aden.The vessel's master reported being approached by a small craft carrying five or six armed people with ladders.Houthi militants in Yemen have launched drone and missile attacks on shipping in and around the Red Sea and the Indian Ocean to show support for the Palestinians in the Gaza war.Maritime sources say pirates may be encouraged by a relaxation of security or may be taking advantage of the chaos caused by

09 May 2024

Houthi Leader Vows to Escalate Attacks on Merchant Shipping

The tanker Marlin Luanda was struck by an anti-ship missile fired by Houthi forces on January 26, 2024. (Photo: Indian Navy)

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 Houthi attacks in the Red Sea have disrupted global shipping, forcing firms to re-route to longer a

09 May 2024

When is a Vessel Built in America 'US Built'?

The U.S. Court of Appeals for the Fifth Circuit recently affirmed the Coast Guard ruling that Curtin Maritime's DB Avalon is built in the U.S. (File photo: Curtin Maritime)

The United States reserves its domestic maritime trade to vessels “built in the United States” under a set of laws popularly referred to as the “Jones Act.” What qualifies as “U.S. built” under the law and U.S. Coast Guard interpretations was recently tested in the U.S. Court of Appeals for the Fifth Circuit case of Diamond Services Corp. v. Curtin Maritime Corp.Coast Guard regulations provide a two-part test to determine whether a vessel constructed in the United States meets the “U.S. built” test.

09 May 2024

Tanker Crewmembers Plead Guilty to Environmental Crimes in the US

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Crewmembers from a Greek oil tanker have admitted to environmental crimes in U.S. waters, U.S. Attorney Philip R. Sellinger and Assistant Attorney General Todd Kim announced.Konstantinos Atsalis, the chief engineer on board the Kriti Ruby, admitted to charges related to the discharge of oily waste into the sea from a commercial vessel near a petroleum terminal in Sewaren, N.J. He and second engineer Sonny Bosito also admitted concealment of pollution from that vessel through the…

08 May 2024

Greece Aims to Deter Russian Oil Ship-to-Ship Transfers

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The Greek navy on Wednesday extended an advisory effectively banning ship traffic off the coast of the southeastern Peloponnese that two sources said was aimed at deterring ship-to-ship transfers of Russian oil off Greece.Greece, in a rare move, over the past weeks has issued two NAVTEX notices for military exercises in the Laconian Gulf area, urging merchant and other vessels to avoid the area. One of them was issued on May 1."It was initially expiring on May 9 but was extended today…

08 May 2024

US Sends Warship Through Taiwan Strait Ahead of Presidential Inauguration

2019: The guided-missile destroyer USS Halsey (DDG 97) transits the Pacific Ocean. (U.S. Navy photo by Mass Communication Specialist 1st Class Devin M. Langer) (Source: US Navy)

A U.S. warship sailed through the narrow Taiwan Strait on Wednesday, less than two weeks before Taiwan's new president takes office, prompting an angry denunciation from Beijing.China claims sovereignty over democratically governed Taiwan, and says it has jurisdiction over the strait. Taiwan and the United States dispute that, saying the Taiwan Strait is an international waterway.U.S. warships, and occasionally U.S. Navy patrol aircraft, pass through or over the strait about once a month.The latest mission's timing was extra sensitive…

08 May 2024

Conflict Heating Up Over Cosco's Megaport in Peru

© Ulf / Adobe Stock

The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru's Pacific coast insisted on Tuesday on terms agreed with the government, as some local officials have sought to backtrack on the deal.Hong Kong-based Cosco Shipping Ports will defend its legal rights to provide services as the exclusive operator of the deepwater Chancay Port Terminal under "terms that were agreed at the beginning of this investment," the firm said in…

07 May 2024

HD Hyundai Marine Solution Jumps in Seoul Debut

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HD Hyundai Marine shares closed up 97% versus their initial public offering (IPO) price in the company's trading debut on Wednesday, after a 742 billion won ($538 million) IPO, South Korea's largest in two years.The successful listing of the ship maintenance and repair firm, backed by U.S. private equity giant KKR, paves the way for other potential offerings to come to market. Sizeable South Korean IPOs had dried up during much of 2023 on uncertain market conditions.HD Hyundai Marine Solution shares opened at 119…

07 May 2024

Oil that Spilled from Barge in Tobago Might Be from Venezuela

(Photo: Office of the Chief Secretary)

A barge that capsized in February and caused a large oil spill near Tobago that also affected neighboring Caribbean islands might have picked up the fuel from Venezuela, Trinidad and Tobago's energy minister Stuart Young said on Monday."The vessels were on the way to Guyana," the minister said of a barge being towed by a tug boat while revealing the results of his government's investigation on the incident.The spill, previously identified by Trinidad's authorities as fuel oil, emerged from a capsized vessel first spotted by the country's Coast Guard on Feb.

07 May 2024

Grady Hurley Elected President of Maritime Law Association of the US

Grady Hurley (Photo: Jones Walker LLP)

Grady Hurley, a partner and co-leader of the maritime litigation, arbitration, and dispute resolution team at Jones Walker LLP, has been elected president of the Maritime Law Association of the United States (MLA) during the organization’s general meeting held in New York City on May 3, 2024.Hurley is the fourth president elected from New Orleans during the MLA’s 125-year history. He most recently served as the organization’s first vice president.“I am privileged to serve as the…

07 May 2024

Ripple and Marine Learning Systems Merge

© David / Adobe Stock

Maritime software brands Ripple and Marine Learning Systems are joining forces, coming together under a single brand focused on crew training and marine operations.The firms, both acquired by technology holding company Bleecker Street Group in 2023, have merged to become Ripple Operations.Post-merger, the new entity will provide human capital management, crew operations, training, learning and development solutions to maritime operators, supporting hundreds of thousands of mariners and operators across the ferry, cruise, offshore, fishery and tug, tow and barge industries.

07 May 2024

German Warships Head to Indo-Pacific Amid China-Taiwan Tensions

© Kaspars / Adobe Stock

Germany sent two warships to the Indo-Pacific region on Tuesday in a bid to strengthen its military presence in the region amid rising tensions between China and Taiwan and over the disputed South China Sea.Those tensions were putting pressure on the freedom of navigation and free passage on trade routes, Defence Minister Boris Pistorius said at the northern German navy base in Wilhelmshaven.Some 40% of Europe's foreign trade flows through the South China Sea."Looking the other way…

06 May 2024

New EU Sanctions Could Hit Russian Shipping

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The European Union would ban trans-shipment of Russian LNG, the use of EU ports by vessels transporting goods contributing to Russia's war effort and make EU operators more accountable for any sanctions violations, according to a text under discussion.The text seen by Reuters on Monday covers proposals that would constitute a 14th package of sanctions against Russia over its 2022 invasion of Ukraine now being debated by EU members before it enters force.According to the proposals presented to EU envoys on Friday…

06 May 2024

Sea Drone Warfare has Arrived, and the US is Floundering

A long-range unmanned surface vessel (LRUSV) transits the Pacific Ocean during Integrated Battle Problem (IBP) 24.1, March 07, 2024. IBP 24.1 is a U.S. Pacific Fleet experiment, executed by U.S. 3rd Fleet, operationalizing multi-domain employment of unmanned systems to create fleet warfighting advantages. (Photo: Ian Delossantos / U.S. Navy)

The U.S. Navy's efforts to build a fleet of unmanned vessels are faltering because the Pentagon remains wedded to big shipbuilding projects, according to some officials and company executives, exposing a weakness as sea drones reshape naval warfare.The lethal effectiveness of sea drones has been demonstrated in the Black Sea where Ukraine has deployed remote-controlled speed boats packed with explosives to sink Russian frigates and minesweepers since late 2022.Yemeni-backed Houthi rebels have employed similar vessels against commercial shipping in the Red Sea in recent months…

06 May 2024

Royal Navy Seizes Over $250M Worth of Drugs in Caribbean Sea

(Credit: Royal Navy)

The crew of U.K. Royal Navy’s offshore patrol vessel HMS Trent has seized over $250 million worth of cocaine in the latest drugs bust in the Caribbean Sea, bringing the total drugs seized by the vessel so far to over $640 million.The latest bust came after HMS Trent was alerted to potential smugglers by a United States maritime patrol aircraft and used her powerful radars to track down the suspicious vessel.With the Royal Navy ship closing in, the vessel started throwing bales of cocaine into the sea to try and evade capture.The crew of HMS Trent then had to recover the drugs thrown overboard…

03 May 2024

Maryland Estimates Bridge Replacement Cost at Up to $1.9 Billion

(Photo: Key Bridge Response 2024 Unified Command)

Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed by fall 2028.The Maryland Department of Transportation said the state's "planning level cost estimate is between $1.7 billion and $1.9 billion" which "is in line with similar projects of this scale and complexity."The Dali cargo ship crashed into the Francis Scott Key Bridge on March 26, killing six people. Lawmakers in Congress…

03 May 2024

Houthis Say They Will Target Ships Heading for Israel Anywhere within Range

The tanker Marlin Luanda was struck by an anti-ship missile fired by Houthi forces on January 26, 2024. (Photo: Indian Navy)

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 their support for the Palestinians in the Gaza war.This has forced shippers to re-route cargo to longer

02 May 2024

Conception Captain Gets Four-Year Prison Term

The fire-stricken Conception shortly before it sank off Santa Cruz Island in September 2019. All 33 passengers and one of six crewmembers died of smoke inhalation after they were trapped in the berthing area while a fire raged on the deck above. (Photo: Ventura County Fire Department)

The captain of a dive boat that caught fire and sank off the California coast in 2019, killing 34 people in one of the state's deadliest maritime disasters, was sentenced on Thursday to four years in prison for his conviction on a federal charge of seaman's manslaughter.Jerry Boylan, 70, was found guilty by a U.S. District Court jury in November on a single felony count of "misconduct or neglect of a ship officer" under a federal homicide statute dating from steamboat accidents of the early 1800s.Federal prosecutors had sought the maximum penalty of 10 years in prison…

02 May 2024

Mother and Son to Pay £5,000 for Obstructing UK Coastguard

(Photo: Maritime and Coastguard Agency)

A mother and son will have to pay more than £2,000 for obstructing the work of the U.K.'s Maritime and Coastguard Agency (MCA).On March 3, 2022, Rhys Wonnacott, of Milford Haven, prevented MCA surveyors boarding the fishing vessel Provider, moored at Milford Haven Harbour. Because of this, surveyors were unable to complete an inspection of the vessel, as part of a Fishing Vessel Concentrated Inspection Campaign that was taking place that day.Obstructing an MCA surveyor from their duties is against the law…

02 May 2024

Lloyd's Insurers Expect Moderate Baltimore Bridge Claims

© Dylan Burnell / Adobe Stock

Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that caused widespread disruption, they said on Thursday.Some estimates for the total insured losses from the bridge collapse run into billions of dollars, given the loss of lives, bridge repair costs and traffic re-routing.The Wall Street Journal reported on Thursday insurer Chubb was preparing to make a $350 million payout to the state of Maryland.Hiscox does not have direct exposure to the business interruption policy of the port…

02 May 2024

Shipbuilder HII Beats Q1 Estimates

(Photo: Ashley Cowan / HII)

Huntington Ingalls Industries (HII) reported a better-than-expected quarterly earnings on Thursday, on the back of demand for aircraft carriers, amphibious assault ships and submarines amid high geopolitical tension.Demand for submarines and aircraft carriers is surging, fueled by China's expanding naval footprint and high global tensions, benefiting shipbuilding giants such as Huntington Ingalls.Huntington is the only major pure-play defense company that has outperformed S&P 500 index…

02 May 2024

Maersk Raises Profit Guidance on Strong Demand and Red Sea Disruption

© OliverFoerstner / Adobe Stock

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, adding that growth in demand for container shipping had been stronger than forecast."The container volumes we see today are quite high compared to GDP growth in the world economy…

01 May 2024

Norwegian's Q1 Revenue Miss Overshadows Raised Outlook

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Shares of Norwegian Cruise Line Holdings fell more than 12% after the operator's downbeat first-quarter revenue overshadowed a raise in annual profit forecast on Wednesday.Expectations for cruise operators have generally become high after strong booking trends and demand drove up their results and shares last year.Shares of Norwegian and its rival Carnival have seen their growth temper from those highs, in part due to concerns around cost pressures and their brands' exposure to the Middle East conflict.Meanwhile…

01 May 2024

Cruise Operator Viking Makes Strong NYSE Debut

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Shares of Viking Holdings rose 9% in their debut on the New York Stock Exchange on Wednesday, giving the travel and cruising company a valuation of $11 billion.Viking opened at $26.15 compared with its initial public offering (IPO) price of $24 in a stellar debut, amid a rebound in stock market listings and at a time when cruise stocks have delivered outsized returns.Founded in 1997, Viking provides destination-focused itineraries including a shore excursion at every port and an onboard and onshore program through performances of music and art, cooking demonstrations, port talks and guest lect

01 May 2024

US Issues Hundreds of Sanctions Targeting Russia, Takes Aim at Chinese Companies

© ezumer / Adobe Stock

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow's circumvention of Western measures, including through China.The U.S. Treasury Department imposed sanctions on nearly 200 targets and the State Department designated more than 80 in one of the most wide-ranging actions against Chinese companies so far in Washington's sanctions aimed at Russia.The U.S. imposed sanctions on 20 companies based in China and Hong Kong…

30 Apr 2024

Houthis Attack Four Ships in Indian Ocean, Red Sea

File photo: The U.S. Navy's Arleigh Burke-class guided-missile destroyer USS Laboon (DDG 58) patrols the Red Sea in December 2023. (Photo: Elexia Morelos / U.S. Navy)

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. According to LSEG and other data providers, the ship is owned by Zodiac Maritime…

30 Apr 2024

Union In Talks with Carlyle on Majority Stake in Thyssenkrupp Marine Systems

© Ricochet64 Adobe Stock

Germany's IG Metall union on Tuesday said it had preliminary talks with Carlyle on the investment firm taking a majority stake in Thyssenkrupp Marine Systems and agreed to push for an agreement as quickly as possible.In a newsletter seen by Reuters, the union however insisted that a stake sale to private equity investors could only happen if the state stepped in as well to secure the conglomerate's naval shipbuilding activities.The economy ministry was not immediately available for comment."A first round of negotiations in a small group is scheduled for the beginning of May…

30 Apr 2024

Princess Revises 2025 Cruise Routes Amid Red Sea Tensions

© peter / Adobe Stock

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 such as Carnival and rival Royal Caribbean are exercising caution as attacks by Iranian-backed Houthi militants on vessels in the Red Sea disrupt shipping in the Suez Canal…

30 Apr 2024

Greece Drops Criminal Charges Against Aid Workers Who Rescued Migrants at Sea

Photo: Ruben Neugebauer / Sea-Watch.org (CC BY-SA 4.0)

Greece has dropped criminal charges against dozens of international aid workers, ranging from spying to facilitating what authorities had called illegal entry into the country through the island of Lesbos, court documents showed on Tuesday.Most of the 35 people, accused in 2020 of setting up a criminal organization and providing support to traffickers ferrying migrants, were German nationals. The rest included people from Norway, Austria, France, Spain, Switzerland and Bulgaria.

29 Apr 2024

China's Coast Guard Expels Philippine Vessels from Scarborough Shoal

© Chaiyapuek / Adobe Stock

China's coast guard said on Monday it "expelled" a Philippine coast guard ship and another vessel from waters adjacent to the Scarborough Shoal, Chinese state media reported.The coast guard did not provide additional information, according to the report from Chinese state media broadcaster CCTV, but the incident was the latest to occur between the two countries at the disputed atoll in the South China Sea.Beijing and Manila have repeatedly clashed in recent months at the submerged reef…

29 Apr 2024

Italy Thwarts Houthi Drone Attack in the Red Sea

Italian navy Bergamini Class Frigate Fasan (F 591) (File photo: Keith Nowak / U.S. Navy)

An Italian navy ship shot down a drone fired by Yemen's Houthi rebels and targeting a European cargo, the Italian defense ministry said in a statement on Monday.The drone was intercepted "in the late morning" near the Bab-el-Mandeb strait at the southern end of the Red Sea, the ministry said.It was flying toward the cargo ship and taken down while it was 5 kilometers (3.11 miles) away.

29 Apr 2024

Houthis Claim Attacks Against Two Vessels, Two US Destroyers

© elroce / Adobe Stock

Yemen's Houthis targeted two U.S. destroyers and the vessel Cyclades in the Red Sea as well as the MSC Orion in the Indian Ocean, the Iran-aligned group's military spokesman Yahya Sarea said in a televised speech early on Tuesday.Houthi forces have staged attacks on shipping lanes for months in solidarity with Palestinians fighting Israel in the Gaza war.(Reuters - Reporting by Enas Alashray and Hatem Maher; Editing by Leslie Adler)

29 Apr 2024

FBI Says Chinese Hackers Preparing to Attack US Infrastructure

© WhataWin / Adobe Stock

Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting "for just the right moment to deal a devastating blow," FBI Director Christopher Wray said earlier this month.An ongoing Chinese hacking campaign known as Volt Typhoon has successfully gained access to numerous American companies in telecommunications, energy, water and other critical sectors, with 23 pipeline operators targeted, Wray said in a speech at Vanderbilt University on April…

29 Apr 2024

Hapag Lloyd CEO Expects Red Sea Crisis to End This Year

© Thorsten Schier / Adobe Stock

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 by the company.He said he was slightly more optimistic about the duration of the crisis than the ave

29 Apr 2024

AST Networks Acquires Reygar

© jdross75 / Adobe Stock

AST Networks, provider of land and maritime communication technology and remote connectivity solutions, announced it has acquired Reygar Ltd, provider of fully integrated performance monitoring and control solutions for crewed and uncrewed vessels.“With the acquisition of Reygar, AST Networks is poised to deliver even greater value to our customers.” said Gregory Darling, Founder and Chairman of AST Networks. “Reygar’s expertise in vessel performance monitoring perfectly complements our existing suite of IoT (IRAMS) and network solutions…

28 Apr 2024

Philippines Denies Deal with China over Disputed South China Sea Shoal

© pingebat / Adobe Stock

The Philippines on Saturday denied a Chinese claim that the two countries had reached an agreement over an escalating maritime dispute in the South China Sea, calling the claim propaganda.A spokesperson at China's embassy in Manila said on April 18 that the two had agreed early this year to a "new model" in managing tensions at the Second Thomas Shoal, without elaborating.Philippine Defense Secretary Gilberto Teodoro said on Saturday his department was "not aware of, nor is it a party to, any internal agreement with China" since President Ferdinand Marcos Jr took office in 2022.

28 Apr 2024

Iran Says Crew of MSC Aries to be Released

Screenshot from video filmed by a seafarer on board the MSC Aries as Iranian forces seized the vessel. (Courtesy ITF)

Iran’s foreign minister said the crew of a seized Portuguese-flagged ship linked to Israel have been granted consular access and are expected to be freed, Iranian media reported on Saturday.Iran's Revolutionary Guards seized the container vessel MSC Aries with a crew of 25 in the Strait of Hormuz on April 13, days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus. Iran had said it could close the crucial shipping route.Recent attacks on merchant shipping in the Red Sea and the Gulf of Aden by Yemen's Iran-aligned Houthis…