14 JULY 2025 The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen’s Houthis attacked and sank two ships, killing at least four seafarers after months of calm, industry sources said on Thursday. The Red Sea is a critical waterway for …
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KOREAN OFFICER TO RECEIVE IMO’S HIGHEST BRAVERY AWARD FOR FISHING VESSEL RESCUE
13 JULY 2025 Officer Lee Tae-Young of the Republic of Korea has been selected to receive the 2025 IMO Award for Exceptional Bravery at Sea for his heroic rescue of 12 fellow crew members when the fishing vessel 135 Geumseongho sank in November 2024. The prestigious award, endorsed by the …
Read More »‘ALL CREW MUSLIM’: SHIPS LOOK TO DODGE RED SEA ATTACKS WITH MESSAGES
12 JULY 2025 Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religion on their public tracking systems to avoid being targeted by Yemen’s Houthis after deadly attacks this week by the militia. The Red Sea is a critical waterway for oil and commodities but …
Read More »EARTH’S ENERGY IMBALANCE HAS DOUBLED IN 2 DECADES, STUDY WARNS
12 JULY 2025 How do you measure climate change? One way is by recording temperatures in different places over a long period of time. While this works well, natural variation can make it harder to see longer-term trends. But another approach can give us a very clear sense of what’s …
Read More »MSC REFUTES INDIA’S COMPENSATION CLAIM AND DECLINES TO POST BOND
11 JULY 2025 The Kerala High Court in India held its first hearing related to India’s nearly $1.1 billion compensation claim related to the sinking of the MSC Elsa 3 off the coast of India in late May. MSC’s lawyers called the claims “highly exaggerated,” while lawyers for the state …
Read More »UKRAINE COMPLETES SALE OF RUSSIAN TANKER SEIZED IN 2019
10 JULY 2025 Ukraine’s National Agency for Tracing and Asset Management (ARMA) reported the completion of the sale of a controversial Russian tanker that was alleged to have been involved in a 2018 incident in which Russia arrested Ukrainian Navy sailors. The vessel was seized the following year and was …
Read More »PIRACY INCIDENTS SURGE TO FIVE-YEAR HIGH DRIVEN BY SINGAPORE STRAIT
09 JULY 2025 The mid-year report on piracy and armed robberies against ships shows the number of incidents surged up 50 percent in the first six months of 2025, reports the ICC International Maritime Bureau (IMB). The Piracy Reporting Center is urging caution and expressing strong concern, noting that the …
Read More »INDIA DETAINS MSC SHIP AS IT SEEKS $1B IN COMPENSATION FOR MSC ELSA 3
08 JULY 2025 The Kerala State Government in India followed through on its earlier assertions and filed a compensation claim in the courts against MSC for damages as a result of the loss of the MSC Elsa 3 off the coast in late May. As part of the claim, the …
Read More »HOUTHIS CLAIM BULKER SANK AFTER YESTERDAY’S ATTACK AS CREW REACHES SAFETY
07 JULY 2025 A spokesperson for the Houthi militants in Yemen issued a statement claiming that the Greek-owned bulker Magic Seas sank today in the Red Sea, less than 24 hours after it was attacked. They provided details on a coordinated and prolonged attack on the vessel as they promised …
Read More »MOL AND KARPOWERSHIP PLAN TO CONVERT CAR CARRIERS TO FLOATING DATA CENTERS
06 JULY 2025 Japan’s Mitsui O.S.K. Lines and Kinetics, an initiative from Karpowership, believe they have a concept to address the global shortage for data centers. Using the two companies’ expertise, they are developing a plan to convert existing vessels into data centers that can be powered from mobile power …
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