https://allaboutshipping.co.uk/2025/04/04/sing-fuels-daily-report-4-april-2025-2/
Red Sea
Red Sea Tourist Submarine Sinking Kills At Least Six Off the Coast of Egypt
A small recreational submersible, named Sindbad, has sunk off the Egyptian resort town of Hurghada with 45 people on board. The incident occurred around 1,000 meters offshore during an hour-long…
https://gcaptain.com/red-sea-tourist-submarine-sinking-kills-at-least-six-off-the-coast-of-egypt/
Report: Top-secret US plans to attack Houthis accidentally shared with journalist
A top-secret group chat of U.S. officials discussing plans for military strikes aimed at reopening shipping in the Red Sea inadvertently included a journalist, according to a new report.
Details of the March 15 attacks against Houthis in Yemen were discussed in a group chat on the open-source, encrypted messaging platform Signal led by Vice President JD Vance and Secretary of Defense Pete Hegseth. Jeffrey Goldberg, editor in chief of The Atlantic, reported that he was accidentally included in...
La línea de transporte más grande de China ve ganancias impresionantes en los ingresos, ganancias
La línea de envío de contenedores más grande de China vio ganancias masivas en ingresos y ganancias en 2024. Cosco Shipping Holdings reportó ingresos operativos de $ 33.29 mil millones en 2024, un aumento del 33.29% respecto al año anterior. El cuarto transportista de contenedores más grande del...
China’s largest shipping line sees stunning gains in revenue, profits
China’s largest container shipping line saw massive gains in revenue and profits in 2024.
Cosco Shipping Holdings reported operating revenue of $33.29 billion in 2024, an increase of 33.29% from the previous year.
The world’s fourth-largest container carrier (OTC: CICOF) said earnings before interest and taxes (EBIT) totaled $9.79 billion, an increase of 90.74% year over year.
Net profit soared by 95% to $7.75 billion, while net profit attributable to shareholders was $6.87 billion, an increase...
SEA GUARDIAN Threat & Risk Assessment 13 – 18 March 2025
Brief Update No 25/10 Date: 19 Mar 2025
STATEMENT
This document has been approved for distribution by Sea Guardian S.G. Ltd / Operations Department. The provided Intel and information derive from open sources, the Institute for the Study of War (ISW), the Joint Maritime Information Center (JMIC) and United Kingdom Maritime Trade Operations (UKMTO) respective WebPages and products. All rights reserved. No part of this Risk Assessment may be reproduced in any form: electronic, mechanical, or...
https://allaboutshipping.co.uk/2025/03/21/sea-guardian-threat-risk-assessment-13-18-march-2025/
Houthi Attack Pause Lets Europe Get More Fuel Via Suez for Now
By Prejula Prem Mar 21, 2025 (Bloomberg) –A pause in Houthi attacks on commercial shipping has seen fuel traders import more cargoes into Europe via Egypt’s Suez Canal. It remains to…
https://gcaptain.com/houthi-attack-pause-lets-europe-get-more-fuel-via-suez-for-now/
Current issues of the global dry cargo shipping sector et al
Dimitris N. Monioudis, Managing Director of Rethymnis & Kulukundis Ltd and President of the Hellenic Engineers Society of Great Britain, having accepted the invitation of Professor Evangelos Markopoulos, delivered a Guest Lecture at Queen Mary University of London to a combined audience of School of Business and Management MSc in International Business and Masters of Laws – LLM, International Shipping Law students.
Mr...
Longer voyages, higher container rates power Evergreen Marine earnings
Evergreen Marine Corp. reported revenue climbed to $12.7 billion in 2024 from $8.4 billion a year ago, while net income more than tripled to $3.4 billion from $1.1 billion.
A buoyant market led Taiwan-based Evergreen (2603.TW), the world’s seventh-largest ocean container carrier, to order six 24,000-TEU (twenty-foot equivalent unit) liquefied natural gas dual-fuel container ships from shipbuilder Hanwha Ocean in South Korea.
Evergreen’s earnings before interest, taxes, depreciation and...
Trump Vows to Crush the Houthi Threat and Protect American Ships
The Suez Canal is effectively closed. Not officially, of course, many Russian shadow fleet and Chinese crewed ships are sailing through. But if you’re a U.S. Merchant Mariner or have…
https://gcaptain.com/trump-vows-to-crush-the-houthi-threat-and-protect-american-ships/