VIDEO: Houthi attack on Sounion threatens an environmental disaster

Video has emerged on YouTube showing the 163,000 dwt Greek-flagged tanker Sounion ablaze following multiple Houthi attacks and threatening to cause an environmental disaster.

The U.S. Mission to Yemen issued this statement, August 25:

“The United States is gravely concerned by the Houthis’ attacks against the oil tanker MT Delta Sounion. The Houthis’ continued attacks threaten to spill a million barrels of oil into the Red Sea, an amount four times the size of the Exxon Valdez disaster. While the...

https://www.marinelog.com/legal/safety-and-security/video-houthi-attack-on-sounion-threatens-an-environmental-disaster/

Sovcomflot tanker NS Africa rescues 19 seafarers in the Gulf of Aden

Russia’s largest shipping company Sovcomflot reports that on June 23 at 13:12 local time, its tanker NS Africa, sailing in the Gulf of Aden 96 nautical miles southeast of the port of Nishtun (eastern coast of Yemen), received a signal from a tanker in distress.

UKMTO WARNING
INCIDENT 090-INCIDENT UPDATE 001https://t.co/auxAKdReZU#MaritimeSecurity #MarSec pic.twitter.com/FkbtqOUWnr

— United Kingdom Maritime Trade Operations (UKMTO) (@UK_MTO) June 23, 2024

Sovcomflot identifies that ship as...

https://www.marinelog.com/legal/safety-and-security/sovcomflot-tanker-ns-africa-rescues-19-seafarers-in-the-gulf-of-aden/

Bank effect eyed in $29.5 million tanker strike on pier

The “bank effect” was in play when the 49,662 dwt tanker Bow Triumph, operated by Odfjell Management, struck a 300-foot section of pier at Joint Base Charleston’s Naval Weapons Station in South Carolina, on September 5, 2022, the National Transportation Safety Board reports. The contact resulted in $29.5 million in damages. No pollution or injuries were reported.

Damage to the 600-foot Bow Triumph included a punctured bulbous bow and damage to side shell, frames, and stringers in way of the...

https://www.marinelog.com/legal/safety-and-security/bank-effect-eyed-in-29-5-million-tanker-strike-on-pier/

Saltchuk makes a new offer for OSG

Privately held, Seattle-headquartered Saltchuk Resources Inc. has made a new offer to acquire NYSE-listed tanker and ATB operator Overseas Shipholding Group Inc. (OSG). Saltchuk, which is OSG’s largest shareholder, made an earlier offer to acquire the rest of OSG in June 2021 but suspended those discussions that September, citing pandemic-related market uncertainties.

Today, OSG confirmed that its board of directors had received an unsolicited non-binding indication of interest from Saltchuk for...

https://www.marinelog.com/legal/shipping/saltchuk-makes-a-new-offer-for-osg/

Fire on Marlin Luanda extinguished after 6 hour battle

French Navy photo indicates the intensity of Marlin Luanda fire before it was brought under control

After a long fight by its crew and Indian Navy firefighting specialists, the fire on the Trafigura-chartered tanker Marlin Luanda has been extinguished. As we reported previously, the fire broke out in one of the cargo holds when the vessel was struck yesterday by a missile fired from Houthi-controlled territory in Yemen.

Today, Trafigura said:

“We are pleased to confirm that all crew on board the Marlin Luanda are safe and the fire in the cargo tank has been fully extinguished. The vessel is now...

https://www.marinelog.com/news/fire-on-marlin-luanda-extinguished-after-6-hour-battle/

Sailing into the Future: Product Tankers Embrace Green Transition

Despite a 15% dip in average annual earnings, the shipping industry displayed remarkable resilience in 2023. Strong second-hand values and a significant reduction in new building deliveries played pivotal roles, maintaining earnings at the third-highest levels since the 2008 financial crisis.

Ageing Fleet Dynamics

A notable consequence of reduced recycling and limited new building deliveries was the ageing of the product tanker fleet. The average age increased by nine months in 2023, reaching...

https://mfame.guru/sailing-into-the-future-product-tankers-embrace-green-transition/