Latest Ocean Marine Headlines

All the headlines from our Ocean Marine Topic Page, ordered by recency.

Ukraine to Guarantee Insurance Payouts to Cargo Ships Damaged at Its Danube Ports

Apr 1 2022 // Ukraine, a major producer of grain, oilseeds and steel products, will guarantee insurance payments to cargo vessels damaged in hostilities on its stretch of the Danube, according to the government decision published on...

World’s Cargo Ships Are Sailing Into Supply Chain Disruptions via Climate Risks: Report

Mar 21 2022 // Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of...

Ship Insurer West Withdraws Cover on 2 Russian Ships Over U.S. Sanctions

Mar 3 2022 // British ship insurer West of England has withdrawn cover for two container ships operated by Russia’s FESCO Transportation Group after the vessels were listed by the U.S. Treasury as part of broader sanctions, West...

Shipping Firm Warns Delays May Damage Perishable Cargo Shipments to Russia

Mar 2 2022 // Shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk told its customers on Wednesday.Maersk and two other large...

Burnt-Out Cargo Ship With Luxury Cars Sinks Off Portugal’s Azores

Mar 1 2022 // LISBON — A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the Portuguese Azores archipelago nearly two weeks after it caught fire, a port official said.Joao...

VW Fears Most of Its Cars on Cargo Ship ‘Felicity Ace’ Are Beyond Salvage

Feb 26 2022 // Volkswagen AG has lost hope that many of its roughly 4,000 vehicles aboard a cargo ship that caught fire last week in the Atlantic can be saved.The automaker’s brands and dealers have started notifying customers that...

Yemeni Fighters Hijack UAE-Flagged Cargo Ship, Saudi-Led Military Coalition Says

Jan 3 2022 // Yemen’s Houthi fighters hijacked a United Arab Emirates-flagged cargo ship off the coast of Yemen on Sunday night, according to a Saudi Arabia-led military coalition that’s battling the rebel force. The vessel,...

Final Chunk of Wrecked Cargo Ship Awaits Removal off Georgia Coast

Sep 29 2021 // The final chunk of a cargo ship that capsized two years ago along the Georgia coast is awaiting removal from the water.Salvage crews have worked since November to cut the South Korean freighter Golden Ray into eight giant...

NTSB: Georgia Cargo Shipwreck Caused by Inaccurate Stability Calculations

Sep 16 2021 // Inaccurate stability calculations caused the capsizing of vehicle carrier Golden Ray that resulted in $200 million worth of damages, the National Transportation Safety Board said.The Marine Accident Report details the...

Japan Sees a Future in Crewless Cargo Ships as First Autonomous Trial Voyage Nears

Aug 31 2021 // In just two decades from now, half of all domestic ships plying Japan’s coastal waters may be piloting themselves.That’s the ambitious goal of the Nippon Foundation, a public-interest organization backing the...

Documents Reveal Extent of 2019 Georgia Coast Cargo Shipwreck

Aug 3 2021 // When the giant cargo ship began to tip over off the Georgia coast, harbor pilot Jonathan Tennant found himself on his side, screaming orders in the darkness while flying debris that felt like gravel pelted him.After much...

MGA Rokstone Launches US$18M Marine Cargo Facility, Hiring Lloyd’s Veteran Birchard

Jul 6 2021 // Rokstone, the London-based speciality re/insurance managing general agent (MGA), has launched a US$18 million global facultative general marine cargo facility.Backed by A-rated global carriers, the facility includes US$5...

Sri Lanka Seeks Interim Claim of $40M from Operator of Wrecked Cargo Ship

Jun 14 2021 // COLOMBO, Sri Lanka – Sri Lanka is seeking an interim claim of $40 million from the operator of a fire-ravaged cargo ship to cover part of the cost of fighting the blaze, officials said Saturday.Sri Lanka’s attorney...

Teams Assess Damage After Fire on Overturned Cargo Ship in Georgia Port

May 17 2021 // A salvage team assessed damage Saturday after a fire was ignited inside the remains of an overturned cargo ship that is being dismantled along the Georgia coast.“The assessment is likely to take several days,”...

Suez Canal Chief Hopes Insurer, Owner of Detained Cargo Ship Reach Deal

Apr 26 2021 // The head of the Suez Canal Authority (SCA) said on Monday he hoped talks would soon yield an agreement with the owner and insurer of a giant container ship which is still being detained since it blocked the waterway for...

Philippine Rescuers Find Bodies of 4 Crew Members of Abandoned Cargo Ship; 9 Missing

Apr 22 2021 // MANILA, Philippines – Rescuers in the southern Philippines found the bodies of four crew members Wednesday and rescued seven others who jumped off a cargo vessel, which took in water and listed after its anchor broke in...

Abandoned Dutch Cargo Ship Secured by 2 Tugboats off Coast of Norway

Apr 7 2021 // OSLO – A Dutch cargo ship that was abandoned at sea during a storm off the coast of Norway this week has been attached to two large tugboats and is no longer at risk of running aground, local officials said late on...

Debris Leaks Out from Cargo Ship on Georgia Coast During Removal

Nov 25 2020 // Debris is washing up from a cargo ship stranded on the Georgia coast as a salvage team cuts it into chunks.The leaks are not unexpected as salvagers demolish the Golden Ray, a South Korean ship that overturned in St....

Coast Guard Expert Testifies Heavy Loads Left Cargo Ship Unstable

Sep 23 2020 // A U.S. Coast Guard analysis found that a cargo ship overturned after departing a Georgia seaport because of unstable loading that left its center of gravity too high, making the vessel susceptible to rolling over, an...

Georgia Port Foreman: No Issues Before Cargo Ship Overturned

Sep 18 2020 // A foreman who oversees dock workers at Georgia’s busy shipping terminal for automobiles said Tuesday he saw no problems as hundreds of cars and trucks were loaded onto the cargo ship Golden Ray shortly before the...