Sunday, November 17, 2024
Media Kit
Iranian Navy

Most of the Iranian Navy is Tied Up in Bandar Abbas

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Paita Peru

Peru Becomes New Center of Rivalry Between the U.S. and China

Published Nov 16, 2024 3:53 PM by The Maritime Executive

  The U.S. has moved to counter China’s investments in a mega port in Peru with the Department of State funding an initiative that will establish a sister relationship between the ports of Hueneme in California and Paita in Peru. As China’s President Xi Jinping inaugurated the $3.5 billion megaport of Chancay, South America’s first Beijing-funded port infrastructure project, the U.S announced that Hueneme and Paita will establish a sister port relationship, a move that is largely designed...

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Maritime cyber

Managing Cyber Risk With USCG's New Maritime Security Directive

Published Nov 16, 2024 2:15 PM by Michael DeVolld

  In this article Michael DeVolld, Maritime Transportation System (MTS) Cybersecurity Lead at ABS Consulting looks at the potential implications to vessel owners, operators and port authorities impacted by the new directive, the importance of acting now to prepare for the implementation of the regulations and some of the key steps that should be taken. n February 22, 2024, the United States Coast Guard (USCG) published a Notice of Proposed Rulemaking (NPRM) in the Federal Register, updating maritime security regulations and...

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Suez Canal

Suez Canal Completes Largest Transit as Floating Dock is Towed to Turkey

Published Nov 15, 2024 8:03 PM by The Maritime Executive

The Suez Canal recently completed one of the most unique transits and the largest of its kind in the 154-year history of the waterway. A missive floating dock being transferred from Singapore to Turkey made its way north on November 7 and 8 after intricate planning. The Chairman of the Suez Canal Authority, Admiral Ossama Rabiee explained that the transit of the floating dock required several pre-transit procedures, starting with the navigation plan prepared by the Navigation Monitoring...

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China and Peru presidents

China and Peru’s Leaders Celebrate Opening of New Chinese-Built Megaport

Published Nov 15, 2024 6:31 PM by The Maritime Executive

  China’s President Xi Jinping and Peru’s Dina Bouluarte celebrated the opening of the new Chancay megaport on Thursday, November 14, during an elaborate ceremony in Lima at the start of Xi’s state visit to South America timed to coincide Asia-Pacific Economic Cooperation Forum 2024. The post which was developed by COSCO and majority-owned by China’s state shipping company, comes with broad geo-political implications as China’s largest foothold in South America. During an event attended by dignitaries from the two...

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Offshore

floating offshore wind farm

Efforts Push Forward for California Offshore Wind Despite Uncertainties

  Both at the federal and local level efforts are continuing to push forward for the potential development of offshore wind power generation along the California coast. The Bureau of Ocean Energy Management (BOEM) took another step forward for what could become the first floating wind turbines in the U.S. while the Port of Long Beach continues to move forward to become one of the leading assembly and staging sites for offshore wind. BOEM conducted the first offshore wind lease...

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Shipbuilding

ZPMC

ZPMC Beats its Own Record With World's Largest Pile-Driving Vessel

  Chinese state-owned conglomerate ZPMC is known best for its STS gantry cranes, which can be found in ports around the world, but its shipyard division - Shanghai Zhenhua Heavy Industries Qidong Marine Engineering - is also a top builder of specialty vessels. It has just launched the world's largest pile-driving vessel, the Erhang Changqing, beating a record it set just two years ago.  The Erhang Changqing is a 430-foot-long barge-shaped vessel with a massive derrick at the stern. The derrick...

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Environment

scrubber smoke emission

Denmark Bans Scrubber Discharge While Working Toward a Baltic-North Sea Ban

  Denmark is joining the growing list of countries placing a ban on the discharge of scrubber discharge into its territorial waters. A new bill introduced in the Folketing (Danish Parliament) comes seven months after a political agreement was reached on the measure and is being positioned as a step while Denmark works toward a ban reaching across the broader region. Scrubber water is a residual product that is formed when ships use “open scrubbers” to clean their exhaust gas...

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Business

hydrogen-powered high-speed watercraft

Norway’s Maritime Hydrogen Fuel Cell Pioneer Teco 2030 Faces Bankruptcy

  In a still-evolving financial situation, hydrogen fuel cell pioneer Teco 2030 Is facing a financial collapse after a bankruptcy petition was filed yesterday against the parent company. Earlier it had been reported that its manufacturing subsidiary was facing a bankruptcy petition and demands from the Norwegian Tax Authority after another of the company’s subsidiaries filed for bankruptcy two weeks ago. Teco 2030 was launched as a clean energy company for the maritime sector working to develop zero-emission hydrogen fuel...

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