port News

Cargo Ship Beached After Collision in Bay of Gibraltar

MADRID (AP) — Gibraltar authorities said Tuesday that a cargo ship has been beached to prevent it from sinking after it collided with a liquefied natural gas carrier in the Bay of Gibraltar. A government spokesman said that the situation …

Part of Beirut’s Giant Silos Collapses, 2 Years After Blast

BEIRUT (AP) — A large block of Beirut’s giant port grain silos, shredded by a massive explosion two years ago, collapsed on Thursday as hundreds marched in the Lebanese capital to mark the second anniversary of the blast that killed …

Lebanon Doubts Ukraine Claim of Stolen Grain on Syrian Ship

BEIRUT (AP) — Lebanon appeared Friday to reject claims by the Ukrainian Embassy in Beirut that a Syrian ship docked in a Lebanese port is carrying Ukrainian grain stolen by Russia, following an inspection by Lebanese customs officials. A senior …

Lloyd’s of London’s Ascot, Marsh Provide Insurance for Ukraine Sea Corridor

LONDON — Lloyd’s of London insurer Ascot and broker Marsh MMC.N on Friday launched marine cargo and war insurance for grain and food products moving from Ukrainian Black Sea ports, removing a hurdle to getting shipments underway. Russia and Ukraine …

Stuck Container Ship in Chesapeake Bay Finally Refloated

BALTIMORE (AP) — A container ship the length of more than three football fields has finally been pried from the muddy bottom of the Chesapeake Bay more than a month after it ran aground. After two unsuccessful attempts to dislodge …

Sovcomflot’s Tankers Find Refuge in the Bahamas Amid Growing Sanctions

HOUSTON —At least three tankers controlled by Russian maritime powerhouse Sovcomflot FLOT.MM that have been unable to deliver their cargoes due to Western sanctions have re-routed to the Bahamas, vessel tracking data showed on Monday. Russian state-owned Sovcomflot was blacklisted …

Rough Seas Hamper Sri Lankan Divers Examining Sinking Ship

COLOMBO, Sri Lanka (AP) — Rough seas and poor underwater visibility are hampering navy divers who are trying to detect any fuel leakage from a fire-ravaged container ship carrying chemicals that is slowly sinking off Sri Lanka’s capital, officials said …

Explosives-Laden Boat Hits Fuel Ship at Saudi Port, Ministry Says

SINGAPORE, Dec 14 — Saudi Arabia said on Monday that a fuel transport ship anchored at a terminal was hit by an explosive-laden boat in what it called a terrorist attack, after shipping firm Hafnia said one of its tankers …

Marine Insurance Losses Projected Below $250M From Beirut Blast

LONDON — Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday. Overall …

Sources: Insured Losses From Beirut Blast Seen Around $3 Billion

Insured losses from the Beirut port warehouse explosion are likely to total around $3 billion, similar to those from an explosion at the Chinese port of Tianjin in 2015, industry sources and analysts say. The blast on Tuesday, the biggest …