Danish shipping company Maersk on Friday denied a claim by Yemen’s Iran-aligned Houthi movement that the militia carried out a drone strike on a Maersk vessel sailing towards Israel.The Houthis earlier claimed it carried out a military operation agains…
Maersk Denies Houthi Claim Container Ship Hit by Yemeni Militia Read More »
Tanker market has retained healthy freight rates, despite challenging conditions. In its latest weekly report, shipbroker Xclusiv said that “despite ongoing volatility stemming from seasonality and market shifts, freight rates in the tanker market rema…
Healthy Tanker Rates Bode Well for the Future Read More »
Congestion for ships loading grain cargoes at Brazilian ports has surged this year due to large harvests and low water levels in the Amazon River. Between January and November, the average waiting time reached 15 days, up from nine days average between…
New solutions needed as waiting times at Brazilian ports reach 15 days Read More »
The Bahamian flagged M/V Galaxy Leader was the target of a Houthi insurgent hijacking, approximately 50 nautical miles west of Hodeida in the Red Sea on November 19. The 189-metre car carrier, which was transiting empty, was en-route from Körfez, Turke…
Houthi Hijacking in the Red Sea: A Disturbing Escalation Read More »
Shipmanagement trade group InterManager is urging the shipping industry to increase its focus on safety amid a recent surge in deaths in enclosed spaces on ships.Three seafarers and five shore workers died over the past week in accidents in enclosed sp…
InterManager Urges Stronger Safety Focus Amid Surge in Enclosed Space Deaths Read More »