Tanker Assesses Potential Red Sea Oil Spill After Houthi Attack

The Liberia-flagged oil tanker Chios Lion was assessing damage and investigating a potential oil spill after being attacked by Yemen’s Houthis in the Red Sea, according to the Red Sea and Gulf of Aden Joint Maritime Information Center (JMIC), reports Reuters.

Oil spill incident

An unmanned watercraft inflicted minor damage to the Chios Lion‘s port side on Monday as part of a swarm of attacks by the Houthis on the vessel and another ship sailing approximately 100 nautical miles northwest of...


ABS Black Sea Committee Tackles Regulatory And Decarbonization Challenges

Maritime stakeholders including charterers, owners, brokers, designers, and shipbuilders joined ABS at the annual Black Sea Regional Committee to discuss the dynamic regulatory environment, the impact of market-based measures, and the potential of carbon intensity reduction technologies, according to an article published on their website.

ABS Leadership Insights

Vassilios Kroustallis, ABS Senior Vice President of Global Business Development and Global Marine, emphasized ABS’s commitment to...


Bulk Carrier Loses Control Causing Crew Injury

Transport Malta’s Marine Safety Investigation Unit has issued an investigation report into the loss of control of the Maltese registered bulk carrier Julietta D, on the morning of 31 January 2022.

The incident

On the morning of 31 January 2022, Julietta D was holding its anchorage position in Ijmuiden Anchorage Area no. 7, using the port anchor and the main engine. At one point, Julietta D’s heading altered substantially, and the vessel started falling South, onto the nearby anchored Pechora...


Port Of Long Beach Breaks June Records With 835,412 TEUs

Port of Long Beach Reports Record

The Port of Long Beach achieved its most active June and busiest quarter on record, driven by increased consumer demand as retailers prepare for back-to-school shopping.

Dockworkers and terminal operators moved 835,412 twenty-foot equivalent units in June, up 15.3% from the same month last year and surpassing the previous record set in June 2018 by 83,224 TEUs. Imports rose 16.4% to 415,677 TEUs, while exports saw a 1.4% decrease to 115,303 TEUs. Empty containers...


New EU Requirements For Piraeus Cruise Pier Funding

European Commission Sets Conditions

The European Commission has set four conditions in order to continue subsidizing the project of the new cruise pier in the southern part of the port of Piraeus.

According to “Naftemporiki” sources, PPA S.A. has already sent a response to the EU outlining the schedules and budgets of the specific projects and awaiting a response. Compensatory benefits of 7.6 million euros to the four beneficiary large municipalities of Piraeus will be allocated by the PPA.



CIMAC Gains Consultative Status With IMO To Enhance Maritime Collaboration

CIMAC has been officially granted consultative status with the International Maritime Organization (IMO), allowing it to share its extensive expertise in large engines, power, drives, and propulsion.

Enhancing Collaboration with IMO

CIMAC President Rick Boom expressed enthusiasm about the successful application, emphasizing the organization’s commitment to contributing to IMO’s goals. This new status will enable CIMAC to provide valuable insights and support to the IMO’s initiatives.

Focus on...


Shipping Markets Boosted by Economic Growth And Red Sea Diversions

In the first part of a five-part series, the Seatrade Maritime Podcast delves into the performance of shipping markets in the first half of 2024 and the outlook for the rest of the year with insights from Adam Kent, Managing Director of Maritime Strategies International (MSI), reports Seatrade Maritime.

Macro-Economic Environment

Adam Kent highlights that economic growth has accelerated in the first half of 2024, which is a positive indicator for the shipping industry. However, he notes that...


Do You Know Your Lifeboat?

The American P&I Club has issued a guidance that highlights the importance of indepth training, robust familiarity with the specific lifeboat onboard, and rigorous maintenance routines to ensure the safety and reliability of lifeboats.

There are several types of lifeboats used aboard ships, each designed to meet specific safety requirements. Open lifeboats, lacking a roof, are the most basic and least safe, typically propelled by hand-operated oars. Closed lifeboats, either partially or fully...


Newbuild Orders: Increasing Demand Expected But Order Activity Remains Tepid

Future fleet dynamics in the MPV space have been a major topic of discussion in the sector, with increasing demand expected but newbuild order activity still being tepid. This topic has been scrutinized in Drewry’s latest Multipurpose Shipping Forecaster report, sources Drewry. 

New Orders 

In recent quarters we had to add more vessels to our theoretical MPV orderbook to balance other elements of our model. These additional vessels do not yet exist; however, we expect that the growing demand...


AAL Shipping Welcomes AAL Hamburg’s Second Super B-Class Vessel

AAL Shipping (AAL) is preparing to take delivery of the second vessel in its Super B-Class newbuilding series, the ‘AAL Hamburg’, following a formal naming ceremony at the CSSC Huangpu-Wenchong Shipyard in Guangzhou, China. The vessel will soon embark on its maiden voyage to Europe.

Naming Ceremony and Maiden Voyage

On July 12th, 2024, the AAL Hamburg was officially named, honoring the historic German port city that serves as a strategic hub for AAL’s European operations. The ceremony was...


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