Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile attacks as geopolitical tensions escalate in the region, the UK-based insurance broker told Reuters on Tuesday.The cost of insuring a seven-day Red Sea voyage has risen by hundreds of thousands of dollars since Yemen's Iran-aligned Houthis began attacking shipping in the
Yemen's Houthis said on Wednesday they targeted four vessels, including what they described as a U.S. warship, with drones and naval missiles in the Gulf of Aden, part of their stated campaign of solidarity with Palestinians in Gaza.The Iran-aligned group attacked "MSC Darwin ship, MSC GINA, MV Yorktown" along with the U.S.
India will bring in and prosecute 35 Somali pirates its navy captured on a hijacked ship off Somalia, a navy official said, in a departure from its recent practice of rescuing vessels and crew but leaving the disarmed pirates at sea.The captured pirates are due to arrive in India on Saturday and will be handed over to the law enforcement agencies, the official said.
Yemen's Houthis will introduce military "surprises" in their Red Sea operations, the Iran-aligned group's leader Abdul Malik al-Houthi said in a televised speech on Thursday."Our military operations will continue and advance and we have surprises that our enemies will not expect at all," al-Houthi said.
The European Union launched on Monday a naval mission to the Red Sea "to restore and safeguard freedom of navigation" there.The "defensive maritime security operation", dubbed Eunavfor Aspides, comes after Iranian-aligned Houthi militants started attacking international shipping in the Red Sea in support of Palestinian militant group Hamas in its war with Israel.
Yemen's Iran-backed Houthi militia claimed responsibility for a missile attack on Tuesday on a container ship in the Red Sea and for an attempt to attack Israel with drones.MSC Mediterranean Shipping said there were no injuries to its crew from the attack on its ship, the United VIII, en route from Saudi Arabia to Pakistan.
Attacks from Houthi-controlled Yemen struck two Liberian-flagged ships in the Bab al-Mandab Strait on Friday, a U.S. defense official said, underlining the threat to vessels in shipping lanes being targeted by the Iran-aligned group.Danish shipping company A.P. Moller-Maersk said it would pause all container shipments through the Red Sea until further notice.
Swiss marine power company WinGD will realise the first commercial instalments of its new variable compression ratio (VCR) technology on two new dual-fuel LNG powered vessels being built for NYK Line.A 95,000 DWT bulk carrier being built at Oshima Shipbuilding and a 7,000 CEU pure car and truck carrier (PCTC) being built at Shin Kurushima Dockyard will be the first two-stroke powered vessels
Cummins is working with partners in the U.K. to develop and deploy a methanol conversion kit for an engine aboard an Ocean Infinity offshore support vessel (OSV) as the maritime industry works toward transitioning to cleaner fuels.The engine manufacturer announced its proposal to jointly develop a Methanol Kit for its QSK60 engine was selected to receive funding as part of the Zero Emission
Russian nuclear agency Rosatom said on Tuesday it has set up a joint venture with Dubai's DP World to develop container shipping through the Arctic as part of an initiative heavily promoted by President Vladimir Putin.The deal with one of the world's top port operators is the most tangible sign yet of Moscow's ability to attract big international partners to help it realise its ambitious plans
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)
German shipbuilder Meyer Werft announced it held a steel cutting ceremony for a new cruise ship it is building for NYK Cruises, a company of the Japanese shipping group NYK. The vessel will be named Asuka III and is scheduled for delivery in 2025.The 52,200 GT newbuild will be 230 meters long and 29.8 meters wide, with space for 744 passengers.