Wednesday, April 23, 2025
Media Kit
Iranian patrol boat

Iran Seizes Two Ships and Issues Jail Sentences in Fuel Smuggling Crackdown

MORE TOP STORIES
coastal cruise ship Ocean Navigator

NTSB: Not Following Maintenance Recommendations Led to Cruise Ship Fire

Published Apr 22, 2025 6:12 PM by The Maritime Executive

An explosion and fire aboard the coastal cruise ship Ocean Navigator in October 2023 was likely caused by not following maintenance recommendations and infrequent changes of lube oil and oil filters concluded the National Transportation Safety Board. One crewmember was seriously injured in an explosion and fire in the engine room of the ship when one of its auxiliary engines failed and parts were ejected during an explosion followed by a fire. The Ocean Navigator, which was built in 2001...

Continue Reading...
Golden Ocean bulker

CMB.TECH and Golden Ocean to Merge Forming Shipping Giant

Published Apr 22, 2025 5:28 PM by The Maritime Executive

The Saverys family is pushing forward with its strategy to grow a shipping giant that will play a leadership role in the sustainable transition in the maritime sector. Just seven weeks after announcing its initial investment in dry bulk shipping company Golden Ocean, the Saverys’ CMB.TECH has agreed to acquire Golden Ocean in an all-stock deal that will create one of the largest listed maritime groups in terms of market capitalization, net asset value, and expected share liquidity....

Continue Reading...
ammonia co-fired marine engine

Japan Engine Starts Co-Firing Ammonia Engine Ahead of October Delivery

Published Apr 22, 2025 4:41 PM by The Maritime Executive

  Japan Engine Corporation reports key progress in the race among the major engine manufacturers to complete the certification and delivery of the first ammonia-fueled commercial shipping engine. The company reports it will be ready to ship the engine in October for installation in a gas carrier as other major companies including MAN and WindGD have also reported they were in the final stages of certification before shipping their first ammonia engines. The company reports that the first Japanese-developed and...

Continue Reading...
Papu Mar sinking by the stern while still attached to her container barge (Argentine Naval Prefecture)

Argentine Responders Rescue Crew of Sinking Tug on Rio de la Plata

Published Apr 22, 2025 4:38 PM by The Maritime Executive

  Last week, the Argentine Naval Prefecture rescued the crew of a tug that flooded and partially sank while pushing a container barge off the coast of Buenos Aires. On Friday, the captain of the Paraguayan-flagged tug Papu Mar made a mayday call to report flooding on board at a position off Atalaya in the Paso Banco Chico, the inner bay of the Rio de la Plata. All crewmembers safely abandoned ship onto their own barge and were rescued by...

Continue Reading...
FEATURED STORIES
BLOGS
PODCASTS
MORE STORIES BY CATEGORY

Offshore

oil platform fire

Workers Injured by Fire Aboard Petrobras Platform Pending Sale to Perenco

Multiple injuries are being reported as fire hit one of the offshore platforms owned by Brazil’s Petrobras which is part of a pending sale to Perenco. The workers’ union was first to report the fire which it says took four hours to control. The incident was later confirmed by Petrobras. The fire started Monday morning, April 21, on the platform PCH-1 in the Cherne field in the Campos basin approximately 80 miles offshore. The union, Sindipetro-NF, is saying...

Continue Reading...

Shipbuilding

LNG carrier

Hanwha Markets Building LNG Carriers in Pennsylvania to Meet USTR Rules

  South Korea’s Hanwha Ocean is reported to be looking to leverage its long expertise in LNG carriers and its unique position through the ownership of a shipyard in Pennsylvania in response to the new U.S. Trade Representative’s fees for Chinese-built ships. Bloomberg quotes an executive from Hanwha highlighting its unique capabilities and the pending need for the first modern U.S.-built LNG carriers. While much of the attention on the USTR fee structure released last week has been on the...

Continue Reading...

Environment

emissions filtering barge

Demonstration of Emissions Filtering and Carbon Capture for At-Berth Ships

  Demonstration tests recently completed on vessels at the Prot of Long Beach, confirmed the ability to combine maritime emissions capture with carbon capture for at-berth vessels. The project combines the technology of STAX Engineering, a pioneer in maritime emissions capture and control based in California, and Seabound, a UK-headquartered leader in onboard carbon capture, offering what the companies call a comprehensive, cost-effective solution for the maritime industry. Trails on the solution began in March 2025 and the companies report...

Continue Reading...

Business

Golden Ocean bulker

CMB.TECH and Golden Ocean to Merge Forming Shipping Giant

The Saverys family is pushing forward with its strategy to grow a shipping giant that will play a leadership role in the sustainable transition in the maritime sector. Just seven weeks after announcing its initial investment in dry bulk shipping company Golden Ocean, the Saverys’ CMB.TECH has agreed to acquire Golden Ocean in an all-stock deal that will create one of the largest listed maritime groups in terms of market capitalization, net asset value, and expected share liquidity....

Continue Reading...