Israel said on Sunday that Yemen's Houthis had seized a British-owned and Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security.The Houthis said they had seized a ship in that area but described it as Israeli.
The U.S. International Development Finance Corporation (DFC) said it will provide $553 million financing for a Colombo port terminal project, partly owned by India's Adani Group, advancing the first foray by an Indian company into the sector.Sri Lanka, an island off India's southern coast
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.
Over the past year North Korea has moved to boost its navy with new nuclear weapons, including an underwater drone, warships, and its first operational missile submarine, unveiled on Friday.North Korea's navy has historically been dwarfed by the country's land forces, and overshadowed by its rapidly advancing ballistic missile program.
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 burned-out car carrier off the Dutch coast is being towed to port for salvage, Dutch authorities said on Thursday.The Fremantle Highway, which was travelling from Germany to Egypt when the blaze broke out on July 26, will be towed from its current location north of the islands Ameland and Schiermonnikoog to nearby harbour Eemshaven
Maersk's first-of-its-kind methanol dual-fuel containership made history on July 16 when it became the first to bunker methanol.The newly built vessel bunkered 1,000 metric tonnes of the cleaner burning fuel at Odfjell Terminals Korea in Ulsan before embarking on its 21,500-kilometer maiden voyage toward Copenhagen, where she will be officially named in September.
The costs of chartering supertankers to move crude oil from the Middle East to Asia have jumped to the highest since April as more cargoes are being booked in June, according to industry sources and data on Refinitiv Eikon.The rate for a Very Large Crude Carrier (VLCC) from the Middle East to China, Japan and Singapore is assessed at just above worldscale 80 on Thursday
Russia resumed oil exports to North Korea in December, United Nations data shows, the first such shipments reported since 2020 as the two countries deepen ties and the United States flags the risk of arms supplies to Moscow.North Korea has been seeking closer relations with the Kremlin and backed Moscow after it invaded Ukraine last year
The newest Great Lakes freighter in the U.S. registered fleet has run aground in the Detroit River off Belle Isle, the U.S. Coast Guard said.The 639-foot self-unloading bulk carrier Mark W. Barker was headed toward Lake St. Clair from Cleveland when it lost propulsion and ran soft aground at 8 a.m. on Wednesday.
Two people died and nine were missing after a cargo ship sank off southwestern Japan early on Wednesday amid fierce winter winds, the coast guard said, as it continued to search for survivors.Six people who were rescued remained unconscious, while five had revived as of 8:30 p.m. local time (1130 GMT), the Japan Coast Guard said, partly citing information from its South Korean counterpart.
The cargo ship MKK 1, travelling from Ukraine to Turkey, was grounded in Istanbul's Bosphorus Strait on Monday and traffic in the strait was suspended for a few hours, shipping agents Tribeca said.Several tugs were among vessels sent to provide assistance to the ship, the coastguard authority said. It said no damage or spill was reported.