The UK Marine Accident Investigation Branch (MAIB) has released its interim report on the foundering of the Bayesian, saying the yacht may have been vulnerable to high winds and that such winds may have been evident at the time of the accident.On 19 August 2024, the UK registered large sailing yacht Bayesian foundered in high winds 0.5 nautical miles south-east of the port of Porticello, Italy.
The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before direct talks between the U.S. and Iran.The sanctions came after Secretary of State Marco Rubio said the U.S. will hold direct talks with Iran on Saturday in Oman.
[The following are exerpts and paraphrasing from testimony given by Matthew O. Paxton, President of the Shipbuilders Council of America (SCA), to Congress on the morning of February 26, 2025.]While maritime strength and shipbuilding historically have been a cornerstone of global power, shifting times and geopolitical pressures impact readiness and output.
The United States expanded sanctions against Iran's petroleum and petrochemical sectors on Friday in response to an Iranian missile attack on Israel, the administration of President Joe Biden said.The U.S. move adds petroleum and petrochemicals to an executive order that targets key sectors of Iran's economy with the aim of denying the government funds to support its nuclear and missile programs.
A Ukrainian sabotage operation has damaged a Russian minesweeping vessel in Russia's Kaliningrad region and put it out of action, Ukraine's military spy agency said on Monday.The spy agency, known by the acronym GUR, said it was the second attack it has carried out on a Russian warship in the Baltic Sea this year.
Maritime security and industry groups raised the risk level for ships calling at Israeli ports on Friday, with terminals facing possible missile strikes from Lebanese group Hezbollah in the Mediterranean and Yemen's Houthis in the Red Sea.Earlier this week, the Israeli government's port authority issued a letter stating that terminals ranging from the southern port of Eilat on the Red Sea to the
U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. 1 strike that could jam supply chains and reignite inflation ahead of the U.S. presidential election.
A Russian missile strike has damaged infrastructure and an Antigua-flagged civilian vessel in the Ukrainian port of Odesa, the regional governor said on Friday.Four people were wounded in the airstrike, Governor Oleh Kiper said on the Telegram messaging app."Debris from, according to preliminary assessment, an Iskander-M missile, damaged port and civilian infrastructure
Italian Navy divers have recovered video surveillance equipment from the superyacht that sank off Sicily last month, killing British tech tycoon Mike Lynch and six other people, a source close to the matter said on Friday.The recovery of the equipment could help explain why the British-flagged Bayesian went down during a severe and sudden storm off the port of Porticello, near Palermo, on Aug.
Ukraine accused Russia on Thursday of using strategic bombers to hit a civilian grain vessel with a missile in the Black Sea in NATO member Romania's maritime economic zone, in what it described as a "brazen attack" on freedom of navigation.President Volodymyr Zelenskiy said the vessel carrying Ukrainian grain to Egypt had been hit by a Russian missile just after it exited Ukrainian territorial
The U.S. on Thursday imposed sanctions on two companies and two vessels linked to Russia's Arctic LNG 2 project, Washington's latest step to add costs on Moscow for its invasion of Ukraine.The Arctic 2 project, 60% owned by Russia's Novatek had been due to become Russia's largest liquefied natural gas plant with eventual output of 19.8 million metric tons per year of LNG from three trains.
An engine room fire led to the evacuation of dozens of passengers from a NY Waterway ferry during the busy rush hour commute on Tuesday evening.The 65-foot vessel Father Mychal Judge was transiting along the Hudson River en route from Manhattan to New Jersey when the blaze broke out on board.