Houthis attack cargo vessel in Gulf of Aden, say ‘ship at risk of sinking’
YEMEN : Yemen’s Houthi militants said on Monday they had attacked the Rubymar Cargo vessel in the Gulf of Aden which was at risk of sinking, raising the stakes in their campaign to disrupt
Electrification shipping industry is on track with a € 4 million investment in EST-Floattech
ROTTERDAM : Developer of maritime battery systems EST-Floattech receives an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. This was announced
NorthStandard posts strong renewal result one year on from merger
TYNE : NorthStandard confirms strong renewal results across the board, in its first year of operation. NorthStandard reports a rise in premium income with positive market responses to its post-merger scale and global operating
EU launches mission to protect Red Sea shipping
BRUSSELS : The European Union on Monday officially launched a mission to help protect international shipping in the Red Sea from attacks by Yemen’s Huthis, EU Chief Ursula von der Leyen said. “Europe will ensure freedom of navigation in
Jumbo Offshore widens Middle East operations with Sea Horizon Offshore MoU
MAKATI CITY : Jumbo Offshore and Sea Horizon Offshore Marine Services signed a memorandum of understanding (MoU). With this agreement, Sea Horizon Offshore becomes the representative of Jumbo Offshore in the Middle East region.
Shipbuilding order placed for world’s first ammonia-powered containership
QINGDAO : CMB.TECH revealed the order on February 14, stating that the 1,400 TEU ice-class containership will be built at Qingdao Yangfan Shipbuilding in China. Expected to be delivered by mid-2026, Yara Eyde will
Greenlight for Rs 76,000 Crore Mega Container Port in Vadhavan as project receives Environmental Clearance
MUMBAI : The path is now clear for the Vadhavan port as it has secured environmental clearance from the Ministry of Environment, Forest and Climate Change (MoEFCC). It is worth noting that just last
India looking for Port investment deals with global shipping power Greece
NEW DELHI : India and Greece are looking to deepen cooperation in Defence and Shipping, after raising their bilateral relationship to the level of a strategic partnership, according to sources. The two sides are