In Norway, Offshore Energy reports in a significant collaboration, A.P. Moller Maersk and Hapag-Lloyd announced the details of their operational partnership, the Gemini Cooperation, set to launch in February 2025. This cooperation will deploy between 300 and 340 vessels, with Maersk providing 60% and Hapag-Lloyd 40% of the fleet. Many of these ships will be […]
In Singapore, Manifold Times reports the Greek-flagged oil tanker MV Sounion, which has been ablaze since August 23, 2024, following a reported Houthi attack, has been deemed unsafe to tow, according to a statement from the EU military mission EUNAVFOR ASPIDES. Private salvage companies overseeing the operation concluded that the conditions for towing were too […]
In Greece, Proto Thema reports in a significant development, the Houthi rebels have agreed to a temporary ceasefire to allow the safe towage of the severely compromised MV Sounion, a Greek-owned oil tanker, to a secure port. The decision came after intense diplomatic efforts involving the European Union and Iranian officials, highlighting a rare moment […]
In Denmark, Maersk reports the global shipping industry will grapple with significant challenges in the next few months due to the ongoing disruptions in the Red Sea. Extended travel times and logistical bottlenecks across the world are due to several factors. First, congestion at key Asian ports is causing widespread delays and chokepoints, disrupting the […]
In Greece, Reuters reports that salvage operations have confirmed the sinking of the Greek-owned bulk carrier, M/V Tutor, after it was attacked by Yemen’s Houthi militants in the Red Sea on June 12. The ship, flagged under Liberia, was struck by missiles and an explosive-laden boat, leading to severe water intake. Two salvage vessels dispatched […]
