Anti-ship ballistic missiles were fired into the Red Sea on January 2, demonstrating the continued threat to merchant shipping despite an international naval presence.

Despite a record take-up of green technologies in ships ordered in 2023, thousands of existing vessels will fall into carbon intensity indicator (CII) categories D or E, requiring owners to take action immediately or within the next three years.

China Merchants Energy Shipping is to build two bulk carriers and two multi-purpose vessels from China Merchants Industry.

Taiwanese bulk carrier owner Wisdom Marine Group has formed a ship management joint venture with Synergy Group.

As the end of 2023 approaches the Seatrade Maritime News team will be taking a short break.

Mitsui OSK Lines (MOL) is expanding its bulker fleet with the additional five new dual-fueled Capesizes which can burn either LNG or conventional marine fuel oil.

Continued attacks on commercial shipping in the Red Sea, including a missile strike on a Norwegian chemical tanker, have prompted more vessel operators to halt Suez transits or divert vessels around the African Cape.

The US is launching a multi-national security initiative – Operation Prosperity Guardian – to protect shipping in the Red Sea and the Gulf of Aden from attacks by Houthi militia.