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Eastmed-managed Cycaldes sustained damage from a Houthi attack, UKMTO said. The militants confirmed targeting the vessel – which called in the Houthi-controlled port of Saleef in mid-April – and also claimed to have hit an MSC boxship and US naval assets
Eight capesizes are earning an average of $24,400 per day for the next two years
Each boxship costs $56.6m, with expected delivery in late 2027
Move comes after Howden’s recent launch of cargo facility for Red Sea
Sceptics remain cautious about the technology’s prospects because of concerns over limited supporting facilities and the energy consumption generated by the OCCS system itself