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Maritime Executive

CMA CGM Orders 22 New Boxships from China Shipbuilding

By The Maritime Executive
April 30, 2021
French shipping company CMA CGM Group joined the wave of new containership orders placing a giant 22 ship order with China’s CSSC Group. China Shipbuilding Corporation is heralding it as the largest s...
Maritime Executive

First Signs of Improvement in Shipping Reliability and Reduced Delays

By The Maritime Executive
April 28, 2021
After months of reports of delays and bottlenecks as volumes strained the global shipping industry, the worst appears to have passed. According to new data from analytics firm Sea-Intelligence while r...
Digitalization Advances with MSC Launching Global E-Bill of Lading

Digitalization Advances with MSC Launching Global E-Bill of Lading

By The Maritime Executive
April 28, 2021
Supporting the growing drove through the maritime industry for increased use of digitalization, MSC Mediterranean Shipping Company announced it is taking a lead in the shipping industry officially int...
Strong Market Leads Maersk to Double Earnings Forecast

Strong Market Leads Maersk to Double Earnings Forecast

By The Maritime Executive
April 27, 2021
The boom in the shipping industry and the expectations for strong demand to continue through 2021 are driving the major carriers’ earnings to new highs. A.P. Moller – Maersk, the public parent company...
Coast Guard Cutter Bear Seizes $140M in Cocaine

Coast Guard Cutter Bear Seizes $140M in Cocaine

By The Maritime Executive
April 26, 2021
The crew of the Coast Guard cutter Bear returned to Portsmouth, Virginia on Sunday after a successful three-month counter-smuggling patrol in the Eastern Pacific. The Bear’s crew interdicted three...
Capacity and Gathering Restrictions set for U.K. Domestic Cruises

Capacity and Gathering Restrictions set for U.K. Domestic Cruises

By The Maritime Executive
April 23, 2021
As the U.K. prepares to resume cruises, the Department of Transportation released the first of a series of rules that will govern the operation of the domestic cruises. The new announcement details ca...
Maritime Executive

MSC Set to Overtake Maersk as the World's Largest Container Line

By Ankur Kundu
April 23, 2021
Taking into account MSC's new orders, as well as the company's active involvement in the secondhand tonnage market, it can be said that it is all set to overtake Maersk on a capacity basis sometime ne...
Debate Continues Over U.S. Cruise Restart

Debate Continues Over U.S. Cruise Restart

By The Maritime Executive
April 16, 2021
The battle lines are being drawn in the debate to accelerate the restart of cruises from American ports. The industry is continuing its lobbying efforts and pushing the Centers for Disease Control and...
Maritime Executive

Cruising Set to Resume in the Heart of Venice, Despite Government Ban

By The Maritime Executive
April 15, 2021
Last month, the Italian government announced that cruise ships will be temporarily banned from Venice's city center and will be diverted to the nearby industrial port of Marghera, within the Venice la...
Singapore’s First Carbon Neutral LNG Cargo Uses Carbon Offsetting

Singapore’s First Carbon Neutral LNG Cargo Uses Carbon Offsetting

By The Maritime Executive
April 15, 2021
In another example of the use of carbon offsets to achieve carbon neutrality, Pavilion Energy Singapore reported that it has imported Singapore’s first carbon-neutral LNG cargo.  A subsidiary of the S...

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