As Houthi militia in Yemen step up attacks on shipping in the Red Sea the International Chamber of Shipping (ICS) and the World Shipping Council (WSC) have called for urgent action.

As attacks on commercial shipping the Red Sea see the region becoming a “no go” region for vessels opinion writer Michael Grey calls for action.

The Panama Canal Authority (ACP) has pulled back from a threatened reduction in transits to just 18 daily from the 1 February next year as rainfall improves.

Bernhard Schulte orders its first CO2 tanker under a time charter agreement with Northern Lights.

NYK Line, Namura Shipbuilding and Sasebo Heavy Industries are collaborating to replace the main propulsion of Moss LNG carriers powered by steam turbines.

Hansa Tankers vessel was passing through the Bab-el-Mandeb when it was hit by the missile. The vessel reported damage and a fire on board the vessel but no casualties at this time.

China’s largest shipbuilding group CSSC has signed a slew of huge contracts for up to 34 newbuildings, including 10 car carriers for Seaspan and Hyundai Glovis, at Marintec China.

Kongsberg Maritime has won a contract to supply design, engineering, and equipment for two biofuel and methanol-ready chemical tankers for Swedish tanker operator Sirius Rederi.

Maersk Tankers is moving into clean ammonia transport with an order for up to 10 very large ammonia carriers at Hyundai Samho Heavy Industries.

The influence of family-owned businesses remains strong in shipping casting a strong influence on the potential for mergers and acquisitions in the sector.