Russia's defense ministry on Friday confirmed for the first time that the crew of the missile cruiser Moskva suffered casualties when it blew up and sank last week, a report from RIA news agency indicated.Russia initially said all the ship's crew were evacuated after an ammunition blast triggered by a fire ripped through the Moskva, the flagship of its Black Sea fleet.
Tunisian authorities intensified efforts on Saturday to avoid an environmental disaster after a merchant fuel ship carrying one thousand tons of fuel sank off the coast of Gabes on Friday, two security sources told Reuters.The Tunisian navy had rescued all seven crew members from the ship, which was heading from Equatorial Guinea to Malta
London’s marine insurance market on Monday added all of Russia’s waters to its list of areas deemed high risk, an advisory showed.Guidance from the Joint War Committee, which comprises syndicate members from the Lloyd’s Market Association (LMA) and representatives from the London insurance company market, is watched closely and influences underwriters’ considerations over insurance premiums.
The U.S. Senate on Thursday unanimously passed a bill to improve oversight of ocean shipping, a step supporters say will help ease export backlogs.The Ocean Shipping Reform Act, led by Senators John Thune and Amy Klobuchar, would strengthen the investigatory authority of the Federal Maritime Commission (FMC), the U.S.
Shipping group Maersk on Friday posted better than expected fourth-quarter revenue and earnings, fuelled by record freight rates for container shipping.A fall in ocean-going container volumes by 4% in the last three months of the year was more than offset by freight rates improving 80% compared with a year earlier.
Nashville-based Ingram Marine Group, one of the largest barging companies in the U.S., announced Monday that David O’Loughlin will retire from his role as CEO. He will be succeeded by John Roberts, the company’s current chief operating officer, who will take the helm as the new president and CEO on February 1.
Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division launched the amphibious transport dock Richard M. McCool Jr. (LPD 29). Richard M. McCool Jr., the 13th LPD in the San Antonio class of amphibious assault force ships, will support U.S. amphibious assault, special operations and expeditionary warfare missions through the first half of the 21st century.
A fire that started on a cargo ship carrying timber off Sweden's west coast on Saturday was still raging on Tuesday, authorities said, though it had not spread to the ship itself.Several organizations including the Swedish coast guard are fighting the cargo fire on the Almirante Storni, anchored off Gothenburg.
When the first cruise ship since the start of the pandemic sailed through the Venice lagoon last month, hundreds of people rallied on land and small boats in protest.A few weeks later, the government seemed to listen, announcing that to defend Venice's ecosystem and heritage, cruise liners would be banned from the lagoon from Aug. 1.
An Egyptian court has lifted the detention order on the Ever Given container ship, allowing its expected release from the Suez Canal on Wednesday, a lawyer and judicial sources said.The Ever Given's owners and insurers announced on Sunday that they had reached a settlement with the Suez Canal Authority (SCA) over compensation for the ship becoming grounded in March and blocking traffic in the
A fire on the ocean surface west of Mexico's Yucatan peninsula early on Friday has been extinguished, state oil company Pemex said, blaming a gas leak from an underwater pipeline for sparking the blaze captured in videos that went viral.Bright orange flames jumping out of water resembling molten lava was dubbed an "eye of fire" on social media due to the blaze's circular shape
Polarcus Limited, a seismic surveyor in liquidation, is set to be wound down and delisted from the Oslo Stock Exchange.As previously reported, in January this year, lenders took control of the company's vessels after a debt payment default, and decided to sell them and let go all the employees.