Friday, October 04, 2024
Media Kit
podcast

Podcast 63: Former Port CEO William Doyle Discusses Issues in ILA Strike

MORE TOP STORIES
German sea recue team

Coastal Cargo Ship Collides with Sailboat off Germany

Published Oct 4, 2024 12:37 PM by The Maritime Executive

  German sea rescue teams responded to a collision in the North Sea in which a coastal cargo ship and a small sailboat collided in the busy area of the Outer Elbe. The solo sailor aboard the sailboat was visibly shaken but the German authorities reported no one was seriously injured aboard the cargo ship or the sailboat. The 292-foot coaster named Lotta (3,850 dwt) was sailing from Rouen, France to Klaipeda, Lithuania. The vessel which was built in 2013...

Continue Reading...
Sansha Zhifa 101, one of two Chinese local law enforcement vessels accused of attacking Vietnamese fishermen (Chinese social media)

Vietnam Blames Chinese Forces for Beating 10 Fishermen in Paracel Islands

Published Oct 3, 2024 10:44 PM by The Maritime Executive

  The government of Vietnam has blamed China for the recent attack on 10 Vietnamese fishermen near the Paracel Islands, a disputed archipelago occupied by China since the 1970s.  On Thursday, Vietnam's foreign ministry said that Chinese law enforcement personnel were responsible for the beatings and had "seriously violated Vietnam's sovereignty," and said that Hanoi was extremely concerned by the development.  Vietnam and China have friendly diplomatic relations, but have clashed in the past over maritime boundaries and resource rights....

Continue Reading...
Methanol-capable boxships are here, but the fuel supply could take three years to catch up (Maersk file image)

Zero-CO2 Shippers Expect to Have Green Methanol Supplies by 2027

Published Oct 3, 2024 10:06 PM by The Maritime Executive

  The Zero Emission Maritime Buyers Alliance (ZEMBA), a consortium of prominent container shippers who want to buy carbon-free ocean freight services, says that it expects the market to have enough methanol-capable boxships and green methanol fuel to support a coordinated purchase of e-fuel-powered shipping services next year.  ZEMBA's newly-released report (prepared with LR) draws on a request for information that it sent to e-fuel producers and shipping lines earlier this year. ZEMBA plans to start a new tender for...

Continue Reading...
Houthi arms components

U.S. Sanctions Tankers and Arms Suppliers Used by Houthis

Published Oct 3, 2024 8:02 PM by The Maritime Executive

  The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is against invoking sanctions in its effort to further tighten the restraints against the Houthi militants. The actions announced on October 2 are going after arms shipments, a supplier network ranging from China to Iran as well as tankers used to transport oil to pay for the arms. According to U.S. officials, the procurement operatives and suppliers located in Iran and China have enabled the Houthis to...

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

Offshore

offshore wind farm

New Jersey’s First Offshore Wind Farm Gets Final Approvals from BOEM

The Atlantic Shores South project, which would consist of two large offshore wind farms, received its final approval from the Bureau of Ocean Energy Management. It is a critical step for a state that says it is dedicated to making clean energy a priority but which continues to suffer setbacks in its ambitions. The project is a 50/50 partnership between Shell New Energies US and EDF-RE Offshore Development and will become New Jersey’s first offshore wind energy site....

Continue Reading...

Shipbuilding

Wuhan Innovation

Chinese Firm Orders Fleet of 16 Methanol-Powered Bulkers

A Chinese shipowner has ordered a fleet of methanol-only bulkers, eschewing dual-fuel technology to run on methanol only.  Wuhan Innovation Jianghai Transportation has contracted with Jiangsu Qinfeng Shipbuilding to build 16 coastal freighters of about 15,000-20,000 dwt capacity. The vessels will run on a domestically designed methanol-only engine developing 1-2MW of power. It is the first time that a Chinese firm has built coastwise vessels that run on methanol as a single fuel, according to Wuhan Innovation.  The firm did not...

Continue Reading...

Environment

MSC Euribia cruise ship

Dutch Advertising Standards Reprimands MSC Cruises for Environmental Claims

  Environmental groups are continuing their efforts to limit the claims of the shipping industry and specifically cruise ships for what they believe are aggressive statements about the impact and progress of the ships in the efforts to decarbonize. The Dutch authority which regulates statements in advertising agreed in part with a filing made by three groups against MSC Cruises ordering the cruise line to remove some assertions from its advertising. The Reclame Code Commissie which administers the advertising code...

Continue Reading...

Business

MSC containerships

EU Clears MSC for Hamburg Port and French Freight Forwarder Acquisitions

  European Union merger regulators cleared two of MSC Mediterranean Shipping Company’s proposed acquisitions as it continues to grow the logistics side of the group’s operations. In two separate filings, the European Commission said the proposed deal would not raise competition concerns and that it would not object to the transaction. The two proposed transactions are the purchase of half of the controlling interest in HHLA (Hamburger Hafen Aktiengesellschaft) the operator of container terminals and provider of port services for...

Continue Reading...