Sunday, April 06, 2025
Media Kit
New Zealand survey ship sinking

New Zealand Court of Inquiry Identifies Training in Loss of Survey Vessel

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tankers transferring oil

Aging Shadow Tanker Uses STS to Second Shadow Tanker to Skirt Indian Ban

Published Apr 4, 2025 1:47 PM by The Maritime Executive

  The shipper of a cargo of Russian crude oil loaded aboard a sanctioned shadow tanker has found a creative way around Indian regulations that were barring the ship from offloading. A second tanker, also sanctioned in the west and operating in the shadow fleet moving Russian crude is being used to shuttle the cargo to port. AIS signals confirm that the tanker Ozanno (12,969 dwt) is now positioned alongside the Andaman Skies (111,000 dwt). The Andaman Skies has been...

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PortMiami cruise ships

Global Cruise Outlook: Building Momentum

Published Apr 4, 2025 12:49 PM by The Maritime Executive

  Fueled by strong demand, record bookings and higher pricing, the cruise industry soared to new heights in 2024. This year looks even better. The momentum has been building since the industry’s restart in 2021. After exceeding 2019’s record 30 million passengers in 2023, industry trade group Cruise Lines International Association (CLIA) forecast nearly 10 percent growth or a total of 34.7 million passengers in 2024. Analysts now believe the industry exceeded 35 million passengers last year, which led CLIA...

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Darwin, Australia

Chinese Control of Darwin Port Becomes Key Issue in Australian Elections

Published Apr 4, 2025 12:12 PM by The Maritime Executive

  The latest Chinese port operation to come under pressure is Australia’s Port of Darwin which is now a headline issue in the upcoming federal elections. Today, April 4, Australia’s Prime Minister Anthony Albanese declared during a radio interview that Darwin “should be in Australian hands.” Concerns have been brewing over the now decade-old deal that ceded control of the port to a Chinese company.  Located on Australia’s north central coast the port while small in scope is seen as...

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Centcom

Report: Iran is Pulling Advisors Out of Yemen

Published Apr 3, 2025 10:30 PM by The Maritime Executive

  The U.S. Navy air strike campaign against Yemen's Houthi rebels is producing results, according to officials in Iran and the United States. The Iranian military is pulling personnel out of Yemen in order to reduce the risk of casualties or escalation, a senior Iranian official told the Telegraph - a significant victory for the Trump administration's policy. The strikes have also forced the Houthis to slow the pace of their missile attacks on Israel and on U.S. forces in the...

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Offshore

Ineos acquired CNOOC's 21 percent stake in the Shell-operated Appomattox platform, above (Shell file image)

China's CNOOC Exits U.S. Offshore Oil and Gas

  British energy company Ineos has completed a planned acquisition of the U.S. Gulf assets of Chinese state oil major CNOOC. The purchase gives Ineos non-operated interests in Shell's Appomattox platform and Hess' Stampede platform, along with several mature assets and supporting business units. Reuters reports that the transaction price came to about $2 billion.   “This is a major step for us into the deepwater Gulf of Mexico, which builds on our growing energy business. INEOS Energy is all...

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Shipbuilding

South Korean shipbuilding

Shipbuilding Orders Rebound as South Korea Looks to Benefit from U.S. Fees

South Korea’s shipbuilding industry is highlighting a rebound in orders in March after a slow start to the year. It comes as the industry looks for ways to benefit from the proposed U.S. fees on Chinese-built ships. To combat the growing Chinese domination of shipbuilding, South Korea’s strategy has included a focus on high-value ships and larger, more technologically advanced ships. This includes all forms of gas carriers where South Korea continues to lead the orders despite China’s...

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Environment

Maersk methanol fueled containership

ENEOS Joins Maersk and APM Investing $100M in U.S. Green Methanol Project

Japan’s leading energy company ENEOS is joining with A.P. Moller Holding and A.P. Moller – Maersk investing $100 million in C2X, the green methanol developer launched in 2023 by A.P. Moller Holding. The proceeds will primarily be used to fund the final development of a Louisiana project to produce green methanol as well as to advance C2X’s current efforts in the U.S., Spain, and Egypt to build green methanol production for the shipping, aviation, and chemical sectors. C2X reports the...

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Business

Survitec Seahaven

Seahaven: Redefining Cruise Ship Safety and Unlocking Revenue Potential

  In an era where safety, efficiency, and commercial viability define the cruise industry's trajectory, Survitec's Seahaven system emerges as a groundbreaking innovation. The world's largest inflatable lifeboat, Seahaven, is setting new benchmarks in passenger safety, vessel optimisation, and operational effectiveness. The Future of Cruise Ship Safety and Efficiency Cruise ship design has long been constrained by the bulk and complexity of traditional davit-launched lifeboats. While these lifeboats fulfil regulatory safety requirements, they often limit vessel design flexibility and consume...

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