Ocean and air freight rate benchmarking and intelligence platform Xeneta has appointed Tonia Luykx to spearhead its journey to drive revenues through an industry data revolution.Luykx, who has a track record for building and scaling SaaS and tech busin...
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Houthis Say They Will Target US Ships
Yemen's Houthi movement will expand its targets in the Red Sea region to include U.S. ships, an official from the Iran-allied group said on Monday, as it vowed to keep up attacks after U.S. and British strikes on its sites in Yemen.Attacks by…
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US SECNAV Directs Naval Shipbuilding Review
The United States' Secretary of the Navy Carlos Del Toro is directing a comprehensive analysis of the Navy shipbuilding portfolio amid ongoing labor issues and supply chain shortages that have negatively impacted vessel delivery timelines.Del…
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Houthis Hit US-owned Dry Bulk Ship, No Injuries
Houthi forces in Yemen struck the U.S.-owned and operated dry bulk ship Gibraltar Eagle with an anti-ship ballistic missile, U.S Central Command said on Monday, although there were no reports of injuries or significant damage.The vessel's U.S.…
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Corvus to Integrate Ammonia Cracker with Its Pelican Fuel Cell
Corvus Energy on Monday announced it has been awarded funding through the EU's Horizon Europe Framework Program for the integration of ammonia cracker technology with its Pelican Fuel Cell system.The project, titled “APOLO”, is a collaboration…
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Exploring ‘Future Fuels’ – Methanol’s Superstorage Solution
Technical inquiries to SRC Group ramped up after it received Approval in Principle (AIP) for a concept which ‘reinvented methanol fuel storage’ on board ships. Delivering the answers has seen technical talk converting into project discussions…
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Houthis Vow to Keep Up Red Sea Attacks
The chief negotiator for Yemen's Houthis said on Monday the group's stance has not changed since U.S.-led air strikes on its positions, and warned that attacks on ships headed to Israel will continue.U.S. and British warplanes, ships and submarines…
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Inchcape Shipping Services Names Svend Stenberg Mølholt CCO
Port agency and marine services company Inchcape Shipping Services (ISS) announced the appointment of Svend Stenberg Mølholt as Chief Commercial Officer, effective January 9, 2024.Svend has been in the shipping industry for 20 years, most recently serv...
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Frontline Sells Its Five Oldest VLCCs
Frontline announced it has reached a deal to sell its five oldest very large cruse carriers (VLCC) to an undisclosed buyer for an aggregate net sale price of $290 million.The vessels, built in 2009 and 2010, are expected to be delivered to the…
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FMC to Hold Hearing on Red Sea Shipping Conditions
The United States' Federal Maritime Commission (FMC) will examine how conditions in the Red Sea and Gulf of Aden regions are impacting commercial shipping and global supply chains, during an informal public hearing on February 7.The hearing…
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