Finland's public transport agency said that an oil tanker suspected of damaging undersea cables in the Baltic Sea was found to have serious deficiencies and will not be allowed to operate until repairs have been made.Baltic Sea nations are on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022.
Finnish police said on Sunday they had found tracks that drag on for dozens of kilometres along the bottom of the Baltic Sea where a tanker carrying Russian oil is suspected of breaking a power line and four telecoms cables with its anchor.The Cook Islands-registered Eagle S was boarded by Finnish police and coast guard officials on Thursday and sailed into Finnish waters where the crew of the
NATO will boost its presence in the Baltic Sea after the suspected sabotage this week of an undersea power cable and four internet lines, while alliance member Estonia launched a naval operation to guard a parallel electricity link. Finland on Thursday seized a ship carrying Russian oil on suspicion the vessel had caused an outage of the Estlink 2 undersea power cable linking it with Estonia and
Finnish authorities said they boarded and took control of an oil tanker travelling from Russia on December 26, 2024, on suspicion it caused the outage of an undersea power cable and three internet lines connecting Finland and Estonia a day earlier.The Cook Islands-registered ship, named by authorities as the Eagle S
Investment holding company Ocean Wilsons has agreed to sell its 56.47% stake in Brazilian unit Wilson Sons to shipping services provider SAS for 4.35 billion reais ($764.9 million), it said on Monday.London-listed Ocean Wilsons, which is the controlling shareholder of shipping firm Wilson Sons, said in a statement it was a "compelling time" for the sale
Washington State Ferries announced it has canceled the sale of two retired vessels after the buyer failed to meet its contractual obligations and left a tugboat crew abandoned in Puget Sound.Sold in August for $100,000 apiece, the decommissioned WSF ferries Elwha and Klahowya had been sold to Nelson Armas, who has gained approval from the U.S.
Hanwha Ocean on Wednesday announced it has secured a contract that makes it the first Korean shipbuilder to provide maintenance, repair, and overhaul (MRO) services for the U.S. Navy.The 40,000-ton U.S. Navy dry cargo and ammunition ship USNS Wally Schirra is undergoing maintenance and inspection at Hanwha Ocean’s Geoje shipyard
South Korean shipbuilding group Hanwha Ocean on Tuesday announced it has been certified to participate in vessel maintenance, repair and overhaul (MRO) activities for the U.S. Navy.The company said its Master Ship Repair Agreement (MSRA) signed with the U.S. Navy enables it to bid to perform MRO work for U.S. naval vessels at its Geoje Shipyard in South Korea.
Britain's new Labor government will end the use of the controversial Bibby Stockholm barge to house migrants off the south coast of England as part of its overhaul of the asylum system, it said on Tuesday.Use of the vessel, which can house up to 500 men, began under the Conservative government with the aim of cutting the 8 million pounds a day cost of hotel accommodation for asylum seekers while
Spiking ocean shipping rates, vessel backups at seaports and empty container shortages - issues that wreaked havoc on global trade during the COVID pandemic supply-chain crisis - are back as the industry enters its busy season."There is a cocktail of uncertainty and disruption across global ocean freight supply chains," said Peter Sand, chief analyst at pricing platform Xeneta.
The leader of Yemen's Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the group had carried out "operations" in the Indian Ocean and towards southern Israel.Abdul Malik al-Houthi's comments made clear that the Houthis have acted on earlier threats to expand operations to the Indian Ocean region and attacks towards southern Israel.
Star Bulk Carriers Corp. on Tuesday announced that it has completed its merger with fellow dry bulk shipping company Eagle Bulk Shipping Inc.Eagle Bulk shareholders this week voted to approve the $2.1 billion deal, which was first announced in December 2023.Under the terms of the merger agreement, each Eagle shareholder received 2.