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India, Iran Reach New Agreement on Chabahar Port Project
India and Iran have reached a final agreement on the Chabahar port project, replacing the original contract with a ten-year term. Jaishankar began his Tehran visit by meeting with Minister Bazrpash to discuss long-term cooperation and the International North-South Transport Corridor. India has been promoting the Chabahar port for regional trade and connectivity to Afghanistan... -Crew MirrorPosted On:17-Jan-2024
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India: Mormugao Port Plans to Operate Solely on Solar Energy
Once operational, the project will cover all of the port's electricity needs and feed excess energy into the state grid via net metering. With a cost of Rs 16.9 billion, at least 10 companies have expressed interest in participating. The solar power plant, supported by MPA and GEDA, will be built on a 7-hectare site within the port area... -Crew MirrorPosted On:17-Jan-2024
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Ports Ministry Forms Task Force to Establish Indian Maritime Centre
The Ministry of Ports, Shipping, and Waterways has formed a task force to establish the Indian Maritime Centre, aiming to enhance the global reputation of the Indian maritime sector. The task force will provide policy direction and is supported by the Indian Ports Association. The IMC will be a world-class facility... -Crew MirrorPosted On:17-Jan-2024
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UK Maritime Agency Reports Another Incident off Yemeni Coast
Yemeni Ansarallah has vowed to attack ships headed to Israel, along with British and American vessels. The UK Maritime Trade Operations reported an "incident" off the coast of Yemen, advising ships to transit with caution. This comes after Ansarallah targeted an American ship, escalating tensions in the region... -Crew MirrorPosted On:17-Jan-2024
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World’s largest modern cargo sailboat christened in France
French company Grain de Sail has celebrated the christening ceremony for Grain de Sail II, the world's largest modern cargo sailboat built by local shipbuilder Piriou. After more than a year of manufacturing and more than two months of transit, the Grain de Sail II was delivered and reached its home port in Saint-Malo, France at the end of November 2023... -Offshore EnergyPosted On:17-Jan-2024
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Why ships in Red Sea are displaying links to China
At least nine ships in the Red Sea changed their destination signal to messages like ‘all Chinese crew’ or ‘CHINA’ to try to ward off attacks by the Houthis. Experts say while crew or owners believe this might help, Chinese ships have been attacked in the past. Amid the Houthi attacks in the Red Sea, some vessels are taking an unusual step to protect themselves – advertising their links to China... -FirstpostPosted On:17-Jan-2024
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Marine Insurers Seeking Exclusions for U.S. and British Vessels from Red Sea Coverage
Some marine insurers are avoiding insuring U.S. and British merchant ships against war risks in the southern Red Sea, following recent Houthi attacks on commercial vessels. Insurers are seeking exclusions for ships with connections to the US, UK, and Israel, amid skyrocketing war risk ratios and increasing coverage costs... -Crew MirrorPosted On:17-Jan-2024
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The Shipping Corporation of India Expands Fleet with New Vessels
The national carrier's board of directors has approved the acquisition of various ships until March 31, including a VLGC, MR tanker, container ship, PSV, and AHTSV. In 2020, the government began the process of privatizing the Shipping Corporation of India, but the sales process is not yet complete... -Crew MirrorPosted On:17-Jan-2024
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LNG Suppliers Divert Tankers Amid Heightened Risk in Red Sea
Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea due to heightened risk of attacks from Houthi militants and warnings of escalation from Doha. The longer routes around Africa are being taken instead of the Suez Canal, reshaping shipping routes and causing industry turmoil... -Crew MirrorPosted On:17-Jan-2024
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2023 IMB Reports Show Increase in Piracy and Heightened Risks for Crews
The International Maritime Bureau reports a slight increase in piracy incidents in 2023, with 70% occurring in five hotspots. Concerns include crew safety, successful boardings, late reporting, and under-reporting. The Gulf of Guinea, Southeast Asia, and South America are identified as areas of concern, prompting a call for improved safety protocols... -Crew MirrorPosted On:17-Jan-2024
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Legal Quandaries Arise in Global Maritime Trade Due to Instability in the Red Sea
The Red Sea, a crucial trade route, faces instability due to Houthi attacks. Major companies are rerouting vessels, and the US and allies have formed a taskforce for maritime security. Legal issues arise for insurers, shipowners, and the taskforce, impacting global maritime trade and raising questions about international law... -Crew MirrorPosted On:17-Jan-2024
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Red Sea Offensive: US Spends 4% of GDP on Maritime Control
In a world where global trade hinges on secure sea routes, the recent missile attack on a US-owned container ship in the Red Sea sends ripples through both geopolitical waters and financial markets. The incident not only spotlights the hefty price tag of maintaining naval dominance but also raises alarms about the stability of the US dollar... -Examiner.comPosted On:17-Jan-2024
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Cargo ship hit by missile off Yemen: maritime risk company
A Greek-owned cargo ship was hit by a missile off Yemen, a maritime risk management company said on Tuesday, following a string of attacks in the Red Sea by Yemen’s Houthi rebels. “A Malta-flagged, Greek-owned bulk carrier was reportedly targeted and impacted with a missile while transiting the southern Red Sea northbound,” Ambrey said in an alert... -Business RecorderPosted On:17-Jan-2024
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Despite Warnings, Plenty of Vessels Continue to Use Red Sea Route
Recent attacks on shipping in the Red Sea have made a big dent in traffic on the busy waterway, but it is by no means vacant - even after abundant warnings from government coalitions, industry groups and maritime security consultancies to avoid the area. Yemen's Houthi rebels have been attacking merchant ships with drones and missiles since November, and have launched at least 29 strikes to date... -The Maritime ExecutivePosted On:17-Jan-2024
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More Cruises Cancel Red Sea Electing to Deadhead Around Africa
The cruise industry is joining other sectors of the shipping market including tankers and LNG carriers in increasing the diversions away from the Red Sea. More cruise lines are canceling trips months in advance in part because of the travel requirements for passengers while the industry faces a bigger challenge to reroute vessels... -The Maritime ExecutivePosted On:17-Jan-2024
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Philippine Coast Guard Rescues Crew from Ship After Cargo Shifts in Storm
The crew of a small general cargo ship operating in the Philippines was rescued after their ship began listing in a storm in the southern Philippines in the Sulu Sea. The crew was rescued and brought to shore. According to the media reports, the Star Sabang (500 dwt) began listing after encountering heavy waves and winds on the west side of the island south of the city of Mindanao... -The Maritime ExecutivePosted On:17-Jan-2024
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Cyprus launches one-stop shipping centre
In a major step forward to upgrade Cyprus’ status as a robust maritime center the country has launched the One-Stop Shipping Centre. Launched by the Shipping Deputy Ministry, the service aims to boost the competitiveness of the Cyprus Register of Shipping with it leading to the registration of more ships under the Cyprus flag and attract new shipping companies... -Seatrade Maritime NewsPosted On:17-Jan-2024
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Cochin Shipyard introduces brand new dry dock and ship repair facility
The shipyard's largest investment yet will expand capacity, making it a global hub for building LNG carriers, Capesize and Suezmax vessels, oil rigs, semi submersibles, and other large vessels. The international ship repair facility at Willingdon Island will further bolster India's ship repair capacity and position it as a regional hub... -Crew MirrorPosted On:17-Jan-2024
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Subcontractor Died at Hanwha Ocean Shipyard Explosion: Operations Suspended
Hanwha Ocean, the South Korean Shipbuilder has reported that it has been forced to suspend activities at its shipyard facility in Okpo after a fatal accident. The yard is expected to remain closed until government officials determine the cause of the accident and prescribe preventative steps... -FleetMonPosted On:17-Jan-2024
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Cargo Ship ‘Armada Sejati Runs Aground on a Coral Reef near Samalona Island
Indonesian cargo ship "ARMADA SEJATI" ran aground on a coral reef near Samalona Island, on January 13th. The incident took place at 2300 hours near Samalona Island, Makassar City, South Sulawesi, Indonesia.Posted On:17-Jan-2024
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