Category: Shipping

Container shipping: When Shanghai reopens

Container shipping: When Shanghai reopens

Gepostet von | 2 Jun 2022 | , , , | 0

Chaos in the supply chain predicted when shipping resumes in Shanghai. According to expert estimates, supply chain disruptions led to 260,000 TEU not being shipped from Shanghai in April alone. Predictions are mounting across the shipping industry that there will be renewed disruption, backlogs and possibly even "chaos" as China looks to resume operations in Shanghai soon. After an eight-week shutdown due to its zero-tolerance COVID-19 policy, this will be a difficult endeavour. The diversion of ships increased rapidly from mid-April, resulting in more and more export cargo not being shipped, and now it is expected that...

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Meyer Werft ship to sail again

Meyer Werft ship to sail again

Gepostet von | 1 Jun 2022 | , , , | 0

Resorts World resumes Genting Dream cruises from Singapore. After the provisional liquidators failed to revive their former brand, the investors and management of Genting Hong Kong's Dream Cruises confirmed that they will resume operations next month as Resorts World Cruises. Unable to restart Dream Cruises, the management team reached an agreement with the Chinese banks that owned one of Dream Cruises' ships and announced it will resume cruise operations from Singapore on 15 June. The 150,695 gross registered tonne cruise ship was built by Meyer Werft and entered service in 2016,...

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The Neptune anti-ship missile: The weapon that can sink cruisers

The Neptune anti-ship missile: The weapon that can sink cruisers

Gepostet von | 1 Jun 2022 | , , , , | 1

And: a small island with strategic significance It was a home-made Ukrainian weapon - two R-360 Neptune anti-ship missiles, to be precise - that brought the defenders what was probably the most memorable victory of the war so far: the sinking of the Russian Black Sea flagship Moskva. Why was the Moskva so symbolically important for both sides? On the same day that Russian President Vladimir Putin announced a "special military operation" to "demilitarise and denazify" Ukraine, the guided missile cruiser "Moskva", the flagship of the Russian Black Sea Fleet, arrived off the tiny Snake Island accompanied by the patrol ship "Vasily Bykov" and demanded the surrender of the 13 soldiers stationed there. The answer...

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Attack on yacht off Yemen

Attack on yacht off Yemen

Gepostet von | 31 May 2022 | , , , , | 0

ATALANTA: Continued need for maritime security Armed men attacked the sailing yacht Lakota off the Yemeni coast on 19 May and attempted to board it. The ship remains unmolested and safe. However, the incident makes it clear that pirates and militant forces in the region continue to pose a potential threat. According to Operation Atalanta of the European Union Naval Force (EU Navfor), the sailing trimaran "Lakota" was south-east of the Yemeni port of Hodeidah in the southern Red Sea near the strategically important Bab-el-Mandeb Strait when three boats with five people on board, flying the flag of...

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Greece becomes a hub for Russian oil

Greece becomes a hub for Russian oil

Gepostet von | 31 May 2022 | , , , , | 0

Increasing transshipment of Russian fuel oil off the Greek coast leads to record levels. Sanctions against Moscow are prompting traders to find new ways to export Russian oil via ship-to-ship (STS) cargoes, according to data from Refinitiv Eikon and sources. Trade in Russian crude oil and oil products remains legal for now as the European Union has yet to fully agree on a proposed embargo, but banking and other financial sanctions against Russia following its invasion of Ukraine on 24 February are making this trade increasingly difficult. In April, almost 0.9 million tonnes of Russian heating oil were delivered to Greece, about double...

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