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Maritime Executive

Boom Times

“It never rains but it pours.” Does that age-old expression shed some light on the present state of the container industry? Ports are basking in record container volumes but also facing un...

MSC is Surpassing Maersk as World’s Largest Container Line

MSC is Surpassing Maersk as World’s Largest Container Line

Analysts have been forecasting since the spring that MSC was on track to become the world’s largest container carrier surpassing MSC. It apparently happened this week as MSC continued to take de...

Fuel Cell Systems Discussed as MSC’s Newest Cruise Ship Floats Out

Fuel Cell Systems Discussed as MSC’s Newest Cruise Ship Floats Out

MSC Cruises and Chantiers de l'Atlantique celebrated the beginning of the float out for the company’s newest and most technologically advanced cruise ship today, along with the placing of th...

European Shipowners Urge More Support for Ships in the Gulf of Guinea

European Shipowners Urge More Support for Ships in the Gulf of Guinea

The recent reemergence of pirate activity and attempted assaults on merchant ships in the Gulf of Guinea are raising new concerns over the continuing problems in the region off West Africa. The Europe...

Eneti Exercises Option for Second WTIV to be Built in South Korea 

Eneti Exercises Option for Second WTIV to be Built in South Korea 

Eneti, the company that emerged in 2021 from the former Scorpio Bulkers, is continuing its efforts to become a leader in the offshore wind sector. The company exercised a construction option for a sec...

Xeneta: “Astronomical” Monthly Hike Pushes Container Rates Up 121%

Xeneta: “Astronomical” Monthly Hike Pushes Container Rates Up 121%

[By: Xeneta] Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November, consolidating recent gains to leave container shipping costs up 121.2% year-on-year. T...

Kalmar to Deliver Order of Straddle Carriers to MPET & PSA in Antwerp

Kalmar to Deliver Order of Straddle Carriers to MPET & PSA in Antwerp

[By: Kalmar] Kalmar, part of Cargotec, has signed an agreement with MSC PSA European Terminal (MPET) and PSA Antwerp to deliver a total of 34 Kalmar Straddle Carriers for their terminals in Antwerp...

FMC Commissioner Calls for More Action to Speed Up LA/Long Beach Cargo

FMC Commissioner Calls for More Action to Speed Up LA/Long Beach Cargo

On Wednesday, a member of the Federal Maritime Commission called for the FMC to take additional action on port congestion at the ports of LA and Long Beach by addressing issues with night hours and tr...

High Winds Push MSC Boxship Aground in Prince Rupert, B.C.

High Winds Push MSC Boxship Aground in Prince Rupert, B.C.

Just one week after severe weather from an atmospheric river system destroyed the Port of Vancouver's rail connections to Canada, a similar weather event has struck the port of Prince Rupert, B.C....

Document Digitization: The eBL as a Vehicle for a Data-Driven Approach

Document Digitization: The eBL as a Vehicle for a Data-Driven Approach

Digitization comes down to representing information that we have traditionally put on paper by zeroes and ones in a digital file. Current examples of document digitization in the maritime domain are B...