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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...
Video: Japanese Container Feeder Capsizes at the Pier

Video: Japanese Container Feeder Capsizes at the Pier

By The Maritime Executive
July 31, 2022
A container feeder capsized at the pier at a terminal in Shunan City, Japan on Sunday afternoon during cargo operations. All crewmembers managed to escape without serious injury. The small boxship...
Maritime Executive

FMC Adds to Investigations and Enforcement Under Shipping Reform Act

By The Maritime Executive
July 29, 2022
The U.S. Federal Maritime Commission highlighted that it is moving quickly to implement the Ocean Shipping Record Act of 2022. In the less than two months since it was signed into law, the FMC has alr...
MSC and Eastern Pacific are Launching New Biofuel Trials

MSC and Eastern Pacific are Launching New Biofuel Trials

By The Maritime Executive
July 27, 2022
MSC and Eastern Pacific are both embarking on new tests for biofuels as the shipping industry continues to look for near-term alternatives to help with their efforts to reduce carbon emissions. Biofue...

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