Business News

Shell Exits Wind Investment Selling South Korea Project to Partner Hexicon

Published Feb 22, 2024 6:11 PM by The Maritime Executive

  Shell has become the latest major to retreat from its earlier plans for investments in offshore wind development agreein...


Generational Leadership Changes at Fleet Management and LR OneOcean

Published Feb 22, 2024 4:30 PM by The Maritime Executive

  Two well-known names in maritime are entering a new phase with the selection and appointment of new top leadership.&nbsp...


Pearlson is Building All Four of The World's Biggest Shiplifts

Published Feb 21, 2024 4:47 PM by The Maritime Executive

Miami-based Pearlson Shiplift has been having a lot of success in the defense market, and not just in the United States. It is now...


Hornblower Recapitalizes Through Bankruptcy, Closing American Queen Voyages

Published Feb 21, 2024 2:46 PM by The Maritime Executive

  Hornblower Group, which operates ferries, excursion boats, and had an inland cruise line, filed for bankruptcy as part o...


Developing Onboard Carbon Capture and Storage for the Maritime Industry

Published Feb 21, 2024 2:00 PM by Hamid Daiyan

Technology to enable the reduction of emissions from ships is emerging with support from class, writes Hamid Daiyan, Sustainabilit...


NOAA Awards First Round of Blue-Tech Accelerator Grants

Published Feb 20, 2024 5:24 PM by The Maritime Executive

The U.S. Department of Commerce has released a new round of funding to blue technology accelerators in order to help kickstart oce...


Red Sea Crisis: Understanding a Shipowner's Rights

Published Feb 20, 2024 3:04 PM by Rosie Goncare and Reema Shour

With the Red Sea Crisis continuing to unfold, Rosie Goncare, partner in the marine, trade and energy team, at law firm Hill Dickin...


Partnership Approach Speeds Decarbonization Investments

Published Feb 19, 2024 8:04 PM by The Maritime Executive

  Using a partnership approach to build out the European feeder network, Unifeeder is working with German-based ship-ownin...


Market Forces Reducing Vehicle Carbon Emissions

Published Feb 18, 2024 7:28 PM by Harry Valentine

  Several present-day governments seek to use legislation to reduce atmospheric carbon emissions from transportation indus...


Jumbo Secures Unique Contract to Remove Offshore Wind Monopiles

Published Feb 14, 2024 9:07 PM by The Maritime Executive

Jumbo Offshore has secured a unique contract to remove wind turbine monopiles from the site of the future Yunlin Wind Farm, a 64...

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