Seattle-headquartered Saltchuk on Wednesday announced it has completed its acquisition of Overseas Shipholding Group (OSG), a New York-listed marine transportation company based in Tampa, Fla.Privately-held Saltchuk—previously OSG’s largest shareholder—said it completed a $950 million transaction to purchase all outstanding shares of OSG common stock at $8.
A cargo ship from Russia earlier detained in Germany on suspicion of breaching sanctions is now free to leave the port of Rostock, the Stralsund main customs office confirmed on Friday without providing any further details.The Atlantic Navigator II carried 251 containers of birch wood destined for the United States, which is subject to EU sanctions against Russia, but not to the US ones
Container ship MSC Sky II was continuing its voyage to Djibouti on Tuesday after being hit by a missile a day earlier near Yemen's port city of Aden, its operator MSC said.MSC Sky II was hit by a missile about 85 miles southeast of Aden and 170 miles east-southeast of the Bab al-Mandab Strait while it was sailing from Singapore to Djibouti, the Swiss-headquartered MSC said in a statement.
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.
A container ship collided with a floating bridge in the eastern lane of the Suez Canal on Wednesday but the passage of ships through the waterway was not interrupted, the Suez Canal Authority (SCA) said.Tugboats helped the One Orpheus after it suffered a fault with its rudder while transiting the canal on its way from Singapore to the Netherlands, the authority said in a statement.
The sailaway ceremony for the Tango floating liquefied natural gas (FLNG) unit and Excalibur floating storage unit (FSU) was held Saturday to mark the vessels' sail away from Dubai to Congo, where they will serve Eni's Congo LNG project, whose first phase will start in December 2023.
A Turkish-flagged general cargo ship that was sailing on Thursday in the Black Sea en route to Ukraine's Izmail port did not sustain damage from an explosion, Turkey's maritime authority and the ship's captain told Reuters on Friday."An explosion occurred 15-20 meters behind the Kafkametler ship en route to Izmail port from Batumi port while it was cruising off the coast of Romania/Sulina (port)
A Turkish-flagged general cargo ship hit a mine on Thursday in the Black Sea off the coast of Romania and sustained minor damage but the crew was safe, maritime and security sources said.British maritime security company Ambrey, citing information it received, said the ship struck a sea mine 11 nautical miles north of Sulina in Romania, near the entrance to the Sulina Canal.
Spanish police have made a record cocaine seizure, finding 9.5 tonnes of the drug hidden among boxes of bananas in a shipping container from Ecuador in the southern port of Algeciras.The stash was the largest ever found in a single container in Spain, the police said in a statement.
Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first liquefied natural gas (LNG) ship-to-ship bunker operation for a very large crude carrier (VLCC) at China's Guangzhou port, the companies said on Thursday.A total of 2,800 metric tons of LNG was delivered from CNOOC's LNG bunker vessel Hai Yang Shi You 301 to the VLCC Maran Dione
At least four migrants died and 51 were missing after a migrant ship sank off Tunisia's Kerkennah island, a judicial official told Reuters on Sunday, adding that all the migrants onboard were from sub-Saharan Africa.The Tunisian coast guard recovered 901 bodies of drowned migrants off its coast from Jan.
Avangrid, a U.S.-based subsidiary of the Spanish renewable energy giant Iberdrola, on Monday shared a photo of the completed Vineyard Wind 1 offshore wind substation.This is the first offshore wind substation installed in the U.S. and will serve the country's first large-scale offshore wind farm - Vineyard Wind.