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Bentzel: Buildup of Empties at East Coast Ports Near "Emergency Level"

Bentzel: Buildup of Empties at East Coast Ports Near "Emergency Level"

By The Maritime Executive
August 9, 2022
Shippers and truckers at America's gateway ports have alleged problems with unreturnable empty shipping containers since the start of the late-pandemic cargo boom, and the problem is becoming wors...
Maritime Executive

U.S. Navy's MSC Sends Ship to India for Repairs for the First Time

By The Maritime Executive
August 8, 2022
In a first-of-its-kind move designed to strengthen the U.S. position with India, the U.S. Navy’s Military Sealift Command sent one of its vessels for maintenance and repairs at an Indian shipyar...
The Airbus Model

The Airbus Model

By Erik Kravets
August 7, 2022
European manufacturers know this plot: A once proud industry under cost pressure from foreign – chiefly Asian – competitors, jettisons its mass market segment and survives by serving a lux...
ONE Joins Large Shareholders in Bid to Take Seaspan’s Parent Private

ONE Joins Large Shareholders in Bid to Take Seaspan’s Parent Private

By The Maritime Executive
August 4, 2022
In a surprise development after the close of the stock market today, an investment group calling itself Poseidon Acquisition Corp. led by the largest investors in Atlas Corp. along with Ocean Network...
Maffei Says FMC to Investigate Carriers Storing Boxes at NY/NJ Port

Maffei Says FMC to Investigate Carriers Storing Boxes at NY/NJ Port

By The Maritime Executive
August 4, 2022
With complaints growing over backlogs and congestion in the Port of New York and New Jersey and unfair detention and demurrage charges, Federal Maritime Commissioner Daniel Maffei and Lucille Marvin,...
DNV: Momentum Builds for LNG-Fueled Vessels with More than 500 Orders

DNV: Momentum Builds for LNG-Fueled Vessels with More than 500 Orders

By The Maritime Executive
August 3, 2022
The shipping industry is continuing its adoption of LNG-fueled propulsion as the current leader within the alternative fuel sector for new builds. According to the latest update from DNV in its Altern...
Maersk Reports Exceptional Results But Sees Market Softening

Maersk Reports Exceptional Results But Sees Market Softening

By The Maritime Executive
August 3, 2022
While reporting its fifteenth consecutive quarter of year-over-year earnings growth and raising its forecast for the full year, A.P. Moller – Maersk is however also sounding a caution citing mar...
World’s Longest Green Corridor Planned Between Singapore and Rotterdam

World’s Longest Green Corridor Planned Between Singapore and Rotterdam

By The Maritime Executive
August 2, 2022
Efforts are underway to form the world’s longest green corridor to enable low and zero carbon shipping between the hubs of Singapore in the Far East and Rotterdam in Europe. The port authorities...
World’s Largest Containership Floated Out for MSC at Chinese Shipyard

World’s Largest Containership Floated Out for MSC at Chinese Shipyard

By The Maritime Executive
August 2, 2022
China’s Hudong Zhonghua shipyard has floated out what it is calling the world’s largest containership based on TEU capacity. The vessel, which is being built for MSC, increases capacity ve...
U.S. Navy Begins Testing its First Full-Size Autonomous Ship

U.S. Navy Begins Testing its First Full-Size Autonomous Ship

By The Maritime Executive
August 1, 2022
The U.S. Navy has added autonomous navigation capability to another vessel, the future Spearhead-class expeditionary fast transport USNS Apalachicola (EPF 13) for Military Sealift Command. The service...

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