Private equity firm Carlyle has dropped out of a bidding process for the warship division of stricken conglomerate Thyssenkrupp, the German company said on Tuesday.Carlyle's withdrawal as a suitor for Thyssenkrupp Marine Systems (TKMS) is a major blow to Thyssenkrupp's restructuring, which also includes plans for a 50:50 steel joint venture with Czech billionaire Daniel Kretinsky.
Philly Shipyard on Monday held a steel-cutting ceremony to signal the start of construction on the first of three new Aloha Class liquefied natural gas (LNG)-fueled containerships to be built for U.S. ocean carrier Matson. Matson placed the $1 billion three-ship order with Philly Shipyard in 2022 following the deliveries of Aloha-class vessels Daniel K.
The U.S. navy's destroyer the USS Mason intercepted an inbound Houthi anti-ship missile over the Red Sea on Monday, U.S. Central Command said in a statement, after Yemen's Houthis said on Wednesday that they had targeted the warship.The U.S. forces also destroyed two drones, Central Command said.
Yemen's Houthis targeted MV Torm Thor, a U.S.-flagged, owned, and operated oil tanker, in the Gulf of Aden, the Iran-aligned group's military spokesman Yahya Sarea said on Sunday, as the militants continue to attack shipping lanes in solidarity with Palestinians in Gaza.The group targeted the tanker with "a number of appropriate naval missiles," Sarea added in a televised speech.The U.S.
Swedish shipping company Stena Bulk has expanded its fleet with new long-term charter agreements for four newbuild eco Medium Range (MR) tankers.Two of the vessels, Stena Continent and Stena Conquest, will be delivered from Hyundai Mipo by the end of 2025.Two further eco MR tankers, Stena Contender and Stena Concept, will follow in 2026.
U.S. Central Command forces on Friday conducted strikes against three Houthi anti-ship missiles that were aimed into the Southern Red Sea and were prepared to launch, the U.S. military said on X, formerly called Twitter."U.S. forces identified the missiles in Houthi-controlled areas of Yemen and determined that they presented an imminent threat to merchant vessels and the U.S.
Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes on Yemen stirring concerns of a prolonged disruption to global trade in Red Sea, one of the world's busiest routes, industry officials said on Friday.U.S. and British warplanes, ships and submarines launched dozens of strikes across Yemen overnight in retaliation against Iran-backed Houthi forces
France's CMA CGM is increasing the number of vessels travelling through the Suez Canal, it said on Tuesday, joining Maersk in returning to the area after U.S.-led efforts to prevent attacks.The world's top shipping companies, including Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen's Houthi militant group began targeting vessels this month
Yemen's Houthis said on Tuesday they hit a Norwegian commercial tanker with a missile in their latest protest against Israel's bombardment of Gaza, underlining the risks of a conflict that has shaken the Middle East.The Iran-aligned group attacked the tanker, the Strinda, because it was delivering crude oil to an Israeli terminal and after its crew ignored all warnings
A land-based cruise missile launched from Houthi-controlled Yemen has struck a commercial tanker vessel, causing a fire and damage but no casualties, two U.S. defense officials told Reuters on Monday.The attack on the tanker Strinda took place about 60 nautical miles (111km) north of the Bab al-Mandab Strait about 2100 GMT, one of the officials said. The U.S.
The White House said on Monday that an attack on three vessels in the Red Sea over the weekend constituted threads to international peace and stability.In a briefing with reporters, national security adviser Jake Sullivan said Washington has "every reason to believe that these attacks, while they were launched by the Houthis in Yemen, are fully enabled by Iran.
A U.S. Navy warship responded to a distress call from a commercial tanker in the Gulf of Aden that had been seized by armed individuals and is now safe, U.S. officials said on Sunday.The tanker, which had been carrying a cargo of phosphoric acid, was identified as the Central Park by the vessel's company. The officials did not identify the attackers.In a statement, the U.S.