shipping news – Page 2 – Centrix Maritime

Maersk pauses Red Sea sailings after Houthi attack on Singapore-flagged container ship

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Iranian-backed Houthi militants attacked a Maersk container vessel with missiles and small boats, prompting the company to pause all sailing through the Red Sea for 48 hours, Maersk said on Sunday (Dec 31). The crew of the Maersk Hangzhou crew was safe and there was no indication of fire onboard the vessel, which was fully …

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In The Face Of Escalating Houthi Attacks, BP Suspends Oil And Gas Shipments Across The Red Sea

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BP was the first oil corporation to suspend shipments in the Red Sea, citing a deteriorating security environment as a result of increased attacks by Yemeni rebels on ships sailing a route that accounts for 10% of all international commerce. Brent crude, the worldwide benchmark, finished the day 1.8% higher at $77.95 a barrel. The …

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Bulgaria Is Preparing To Negotiate With Somali Pirates Following The Hijacking Of The MV Ruen

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In response to the recent capture of the Bulgarian bulk carrier MV Ruen, which is listed under the Maltese flag, Bulgaria is preparing for discussions with Somali pirates. The yacht, which was detained last week, arrived off the coast of Puntland, Somalia, near Bander Murcaayo during the weekend. The Bulgarian prime minister announced that talks …

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Singapore And Japan Have Signed An Agreement To Build The World’s First Green And Digital Shipping Corridor

The World’s Largest Container Shipping Line Has Purchased A 49% Stake In Adani’s Ennore Terminal

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Adani Ports and Special Economic Zone Ltd (abbreviated the APSEZ) announced on Friday that it had entered into a second strategic partnership with Mediterranean Shipping Company’s (the MSC) arm, Terminal Investment Limited (abbreviated TiL), for the seamless operation of Adani Ennore Container Terminal Pvt Ltd (popularly known as the AECTPL). TiL is a partner of …

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Due To Security Concerns, Shippers Changed Routes And Monitored Suez Canal Traffic

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Shippers are modifying their routes and keeping a tight eye on Suez Canal traffic as a result of growing security concerns in the Red Sea. Due to the recent increase in incidents, some maritime companies have avoided the region entirely, particularly in the Red Sea and Gulf of Aden. According to Bimco Secretary General David …

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Star Bulk And Eagle Bulk Will Merge To Form The World’s Largest Dry Bulk Shipping Company

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Eagle Bulk Shipping of the United States and Star Bulk Carriers of Greece have amalgamated to establish the largest dry bulk shipping firm listed in the United States. The boards of directors of both firms have authorised the all-stock merger, which results in a pro forma market capitalization of $2.1 billion. When the acquisition is completed …

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