A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week as planned following a move by the U.S. Federal Maritime Commission to study the potential competitive impacts of the arrangement.The FMC said on Friday it is seeking more information to determine the potential competitive impacts of the proposed Gemini Cooperation
A Chinese radio station on Monday started broadcasts on Arctic sea ice conditions off Russia's coast for vessels sailing the Northeast Passage, as China seeks to further utilise the world's northernmost routes as alternatives to the Suez Canal.Arctic sea routes are increasingly being used as an alternative global trade route connecting the Pacific Ocean and Atlantic Ocean to major economies as
Yemen's Houthis said early on Sunday that they had conducted a joint military operation with the Islamic Resistance in Iraq militant group, targeting four ships at Israel's northern Haifa port.The Houthi military spokesperson, Yahya Saree, said in a televised statement that the two groups launched a drone attack on two cement tankers and two cargo ships at the Haifa port on Saturday.
Royal Caribbean Group’s Silversea has taken delivery of Silver Ray, the second ship in its Nova Class, from shipbuilder Meyer Werft in Germany.The 54,700 GT Silver Ray has capacity for 728 passengers. It joins sister ship, Silver Nova, as one of the most energy efficient ultra-luxury and expedition cruise ships ever built Other notable features of Silversea’s Nova Class include an asymmetrical
The international maritime industry, led by the International Chamber of Shipping, has joined together to express their concern for the seafarers from the Galaxy Leader who have been held hostage and call on the Houthis to release them.Monday February 19, 2024 marks the three-month anniversary since the Houthis seized the Galaxy Leader and its 25 seafarers in the Red Sea.
The United States is reviewing "potential terrorist designations" for Yemen's Houthi rebel group in response to its seizure of a cargo ship, White House national security spokesperson John Kirby said on Tuesday.Kirby's comment was significant because one of the Biden administration's first acts after taking office in January 2021 was revoking terrorist designations of the Houthis over fears the
German container shipping giant Hapag-Lloyd on Monday welcomed into its fleet the “Berlin Express”, the first ship of its new Hamburg Express class. At an event attended by some 300 guests from business and politics, naming patron Elke Büdenbender performed the ceremonial christening of the ship at the Container Terminal Burchardkai (Athabaskakai) in the Port of Hamburg.
The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy agenda, and the U.S. offshore wind sector in general.U.S. officials had touted the auction as a key milestone in Biden’s agenda to make offshore wind a cornerstone of U.S.
Ukrainian officials on Thursday asked Lebanon to bar a Syrian state-owned cargo ship carrying allegedly stolen Ukrainian grain from docking in Lebanon's Tripoli port, according to the Ukrainian embassy and a diplomatic note seen by Reuters.The Ukrainian mission said in comments to Reuters that the Finikia was transporting 6,000 metric tons of corn, which it considered stolen
Insurance companies have notified charterers of ships operating in Russia's Black Sea ports of an increase in additional payments known as "war risk premiums", four traders said.A war risk premium was added to the common insurance costs for tankers last year after the start of Russia's military action in Ukraine, which Moscow calls a special military operation.
The first vessel that used Ukraine's Black Sea corridor is crossing through Turkey's Bosphorus Strait, a Reuters witness said on Friday.The Hong-Kong-flagged Joseph Schulte container ship that left the Russian-blocked Ukrainian Black Sea port of Odesa earlier this week had been in the port since Feb. 23, 2022, the day before the start of Russia's full-scale invasion of Ukraine.
A container ship set off from Ukraine's Black Sea port of Odesa on Wednesday in a test of Russia's threat to attack shipping after it abandoned a deal last month allowing Ukraine to export grain.The departure of the Hong-Kong-flagged Joseph Schulte, which had been in the port since Feb.