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Maritime Executive

Container Carrier Schedule Reliability Reaches 20-Month High

By The Maritime Executive
September 30, 2022
After more than a year and a half when only a third of containerships were reliably on schedule, the industry is showing strong improvements reaching schedule reliability levels not seen in 20 months....
Major Port Improvements Completed with $850M Investment in Boston

Major Port Improvements Completed with $850M Investment in Boston

By The Maritime Executive
September 30, 2022
The Massachusetts Port Authority (Massport) marked the completion of critical infrastructure investments as part of a nearly $850 million plan to upgrade the Port of Boston. The multi-year investment...
Contract Rates Decline Starting Expected Market Normalization

Contract Rates Decline Starting Expected Market Normalization

By The Maritime Executive
September 29, 2022
After numerous reports citing declines in container spot rates, the first data showing declines in long-term contract rates are beginning to align with fears of a broadening global recession. Leading...
Four Seasons Brand Launches New Luxury Yacht Cruise Line

Four Seasons Brand Launches New Luxury Yacht Cruise Line

By The Maritime Executive
September 28, 2022
Plans were announced to launch a Four Seasons branded yacht cruise line as the latest effort in the expanded ultra-luxury segment of the cruise industry. Fincantieri will build the new ultra-luxury ve...
Blade Installation Vessel Could Solve Large Wind Turbine Challenges

Blade Installation Vessel Could Solve Large Wind Turbine Challenges

By The Maritime Executive
September 27, 2022
Rapid growth in the offshore wind sector and the move to larger wind turbines with longer blades is giving rise to the need for more specialized installation vessels. In the latest proposal, designers...
Maritime Executive

MSC Follows Maersk and CMA CGM in Launching Air Cargo

By The Maritime Executive
September 27, 2022
Seeking to round out its services and capture a portion of the growth in expedited cargo, MSC announced it will become the latest shipping line to launch a branded air cargo operation. The company, wh...
Taranto Cruise Port Bring Home the Award!

Taranto Cruise Port Bring Home the Award!

By The Maritime Executive
September 27, 2022
The Winners of the Seatrade Cruise Awards, the most prestigious awards in the cruise industry, were announced two nights ago, thus revealing the victory of the port of Taranto as Destination of the Ye...
IMO Moves to Amend SOLAS Requiring Reporting Containers Lost at Sea

IMO Moves to Amend SOLAS Requiring Reporting Containers Lost at Sea

By The Maritime Executive
September 27, 2022
The Maritime Safety Committee of the International Maritime Organization has moved a step closer in its efforts to institute mandatory reporting requirements for containers lost overboard. The most re...
MSC Defends its Response to FMC on Shipper’s Complaint

MSC Defends its Response to FMC on Shipper’s Complaint

By The Maritime Executive
September 23, 2022
MSC met the deadline set by the FMC’s administrative judge hearing the complaint of Shipping Act violations against the carrier strongly refuting the accusations that the company has not supplied info...
Study: Russia's Black Sea Container Traffic is Down, But Not By Much

Study: Russia's Black Sea Container Traffic is Down, But Not By Much

By Informall BG
September 22, 2022
Informall BG, an Odesa-based cargo analytical and consulting firm, has studied a key Russian container port on the Black Sea to identify the influence of the ongoing war in Ukraine. The results sugges...

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