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Amplify to Pay $50M to Settle Class Action Over 2021 Pipeline Leak

Amplify to Pay $50M to Settle Class Action Over 2021 Pipeline Leak

By The Maritime Executive
October 21, 2022
Amplify Energy has agreed to pay out a total of $50 million in the settlement of a class action lawsuit stemming from the October 2021 pipeline leak near Huntington Beach, California. Details on the s...
Royal Caribbean Unveils Details for World’s Largest Cruise Ship

Royal Caribbean Unveils Details for World’s Largest Cruise Ship

By The Maritime Executive
October 20, 2022
Royal Caribbean International provided the first details on its much anticipated new cruise ship, the Icon of the Seas, which has been under construction in Finland for a year. At 250,800 gross tons,...
Report: MSC's Value Makes Apontes the Wealthiest Family in Switzerland

Report: MSC's Value Makes Apontes the Wealthiest Family in Switzerland

By The Maritime Executive
October 17, 2022
Mediterranean Shipping Company is famously quiet about its finances, but some straightforward math suggests that its founding family is the wealthiest in Switzerland - a nation with no shortage of bil...
Damen Shipyards Celebrates Blessing Ceremony for second MMIPV

Damen Shipyards Celebrates Blessing Ceremony for second MMIPV

By The Maritime Executive
October 17, 2022
[By: Damen Shipyards Cape Town] On 14 October 2022, the South African Navy (SAN) held a blessing ceremony for the second of three Multi Mission Inshore Patrol Vessels (MMIPV) at Damen Shipyards Cap...
Maritime Executive

Qatar Brings in Three Cruise Ships for World Cup Hotel Space

By The Maritime Executive
October 14, 2022
The organizers of the 2022 World Cup in Qatar have chartered in a third cruise ship to provide another 1,000-plus hotel rooms during the month-long event.  An estimated 1.2 million people will desc...
MSC’s Second Record-Setting Boxship Floated as Newbuilds Continue

MSC’s Second Record-Setting Boxship Floated as Newbuilds Continue

By The Maritime Executive
October 14, 2022
MSC’s new giant boxship was floated out by its Chinese shipbuilders as the carrier continues its rapid expansion. Despite the current slowing in volumes and rapid decline in freight rates, MSC is cont...
FMC Proposes Strict Limits on D&D Billing Practices

FMC Proposes Strict Limits on D&D Billing Practices

By The Maritime Executive
October 12, 2022
The Federal Maritime Commission has proposed new rules to rein in excessive demurrange and detention billing practices, which have imposed millions of dollars in extra costs on shippers and drayage co...
Norwegian Cruise Line Holdings Proceeding with Methanol Tests

Norwegian Cruise Line Holdings Proceeding with Methanol Tests

By The Maritime Executive
October 12, 2022
Norwegian Cruise Line and its parent company are pursuing green methanol as their preferred path to achieve decarbonization of their operations. While Carnival Corporation, MSC Cruises, and Royal Cari...
Shell to Run Fuel Cell Demonstration on Korean-Built LNG Carrier

Shell to Run Fuel Cell Demonstration on Korean-Built LNG Carrier

By The Maritime Executive
October 11, 2022
A demonstration project is being launched to speed up the commercialization of fuel cells for large, ocean-going ships. The project calls for the development and year-long demonstration of a 174,000 c...
Rolling Ahead: Bayonne's Mobile Boat Hoist Speeds Up Workboat Repairs

Rolling Ahead: Bayonne's Mobile Boat Hoist Speeds Up Workboat Repairs

By The Maritime Executive
October 10, 2022
Bayonne Drydock and Repair has been working on vessels large and small since 1997, and it has a long history of quality on-time, on-budget performance. Its biggest infrastructure asset is a 1,100-foot...

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