The European Union is proposing to sanction Russia's oil-shipping giant Sovcomflot in a move to limit the Kremlin's ability to finance its war against Ukraine, Bloomberg News reported on Tuesday, citing a document seen by it.The move would follow similar punitive measure imposed on the leading Russian tanker group early in 2024 by the U.S.
With the U.S. Navy and U.S. Coast Guard FY 2025 budget requests offering uninspiring news for traditional shipbuilders, industry observers might be forgiven for checking out and dismissing 2024 as just another dull year in the frustrating business of government shipbuilding.But with an election season underway and an increasingly disorderly sea
Ukrainian sea drones hit and sank a Russian Black Sea Fleet patrol ship off occupied Crimea in an overnight attack, the Ukrainian military said on Tuesday.Ukraine's GUR military intelligence agency said a special unit called Group 13 had fired Magura V5 maritime drones at the Sergey Kotov near the Kerch Strait, which connects the Sea of Azov to the Black Sea.
Ukrainian sea drones damaged a Russian Black Sea Fleet patrol ship off occupied Crimea, Ukrainian military intelligence said on Tuesday.The intelligence agency said on Telegram messaging app that its special unit Group 13 attacked the Russian Black Sea Fleet patrol ship Sergey Kotov near the Kerch Strait.
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.
Russian energy company Novatek said on Sunday it had been forced to suspend some operations at a huge Baltic Sea fuel export terminal due to a fire started by what Ukrainian media said was a drone attack.The giant Ust-Luga complex, located on the Gulf of Finland about 170 km (110 miles) west of St. Petersburg, is used to ship oil and gas products to international markets.
The United States and Japan are looking to make a deal for Japanese shipyards to regularly overhaul and maintain U.S. Navy warships so they can stay in Asian waters ready for any potential conflict, U.S. Ambassador to Japan Rahm Emanuel said on Friday."China watches what ships are coming in and out. It is not like this is a secret, they know what's happening.
Russia said on Monday that emergency workers had put out a fire on a Soviet-era nuclear-powered cargo-icebreaker ship and the state company which runs the vessel said there had been no casualties and no threat to the security of the reactor.The fire broke out on Sunday in one of the cabins of the Soviet-made Sevmorput ship, which is currently at dock in the northern Russian city of Murmansk
Oil prices were little changed on Tuesday as investors eyed the impact on oil supply after attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to reroute vessels.Brent crude futures rose 6 cents to $78.01 a barrel at 0726 GMT. The front-month U.S.
The water level at a major river port in Brazil's Amazon rainforest hit its lowest point in at least 121 years on Monday, as a historic drought upends the lives of hundreds of thousands of people and damages the jungle ecosystem.Rapidly drying tributaries to the mighty Amazon river have left boats stranded, cutting off food and water supplies to remote jungle villages
A barge carrying three trucks and 2,000 empty cooking gas cylinders lies stranded on the vast sand banks of a diminished Rio Negro river after running aground last month, highlighting the plight of river transport in the Amazon region hit by severe drought.Officials warned that low river levels risk disrupting grains exports from nearby farm states.
Ukrainian officials said Russia struck Ukrainian port infrastructure and grain storage facilities on Tuesday, but also reported some progress on the front lines in the three-month old counteroffensive by its forces.President Volodymyr Zelenskiy spoke of "good details" from the front without further explanation and said Ukraine clearly understood where to apply pressure to make it felt in Moscow.