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Panama Canal Completes Clean-Up from MSC Boxship Oil Spill

Panama Canal Completes Clean-Up from MSC Boxship Oil Spill

By The Maritime Executive
May 29, 2024
  The Panama Canal Authority was working to complete the clean-up of one of the locks at the southern end of the waterway near Balboa after an oil spill. The incident happened on Sunday, May 26 whi...
Container Shipping “Megamax” Class Hits New Milestone Says Alphaliner

Container Shipping “Megamax” Class Hits New Milestone Says Alphaliner

By The Maritime Executive
May 29, 2024
  The container shipping segment ticked pasted a significant milestone recently according to industry analysts Alphaliner. It comes as the sector continues to grow and they expect the era of the la...
CMA CGM and Two Intermediary Companies Pay $2.3M in FMC Penalties

CMA CGM and Two Intermediary Companies Pay $2.3M in FMC Penalties

By The Maritime Executive
May 29, 2024
  The Federal Maritime Commission collected more than $2.3 million in civil penalty payments, and commitments to reform specific business practices from CMA CGM along with two intermediary companie...
MSC Launches Tender to Acquire Gram Car Carriers for $728 Million

MSC Launches Tender to Acquire Gram Car Carriers for $728 Million

By The Maritime Executive
May 27, 2024
  The tender offer for a subsidiary of MSC Mediterranean Shipping Company to acquire Norway’s Gram Car Carriers launched today after the final approach ascent and gaining stock exchange approval. T...
UK Dispatches Replacement Destroyer to Red Sea as Houthis Claim New Attacks

UK Dispatches Replacement Destroyer to Red Sea as Houthis Claim New Attacks

By The Maritime Executive
May 27, 2024
  The Houthi continue to issue reports of wide-ranging attacks on merchant ships and U.S. warships while providing few details. The claims no longer align with reports from vessels but the threat r...
Putting Methanol Through its "Paces," With a Focus on Safety

Putting Methanol Through its "Paces," With a Focus on Safety

By Quaim Choudhury
May 27, 2024
  With more than 90% of global GDP now covered by a net zero target, the growing consensus to tackle climate change is matched only by a deepening understanding of the immensity of the challenge. F...
Houthi Claim Long-Range Attacks Including LPG Carrier in the Mediterranean

Houthi Claim Long-Range Attacks Including LPG Carrier in the Mediterranean

By The Maritime Executive
May 24, 2024
  The Houthi claimed specific long-range attacks on Friday during their weekly rallies after weeks of threatening to expand their range during the so-called fourth wave of their efforts. Military s...
Cadeler Orders Another Wind Install Vessel as it Books its Largest Contract

Cadeler Orders Another Wind Install Vessel as it Books its Largest Contract

By The Maritime Executive
May 23, 2024
  With demand continuing strong for jack-up offshore vessels for the wind energy industry, Cadeler reported it is moving forward with the construction of a third giant vessel, the seventh it now ha...
Op-Ed: The Maritime Security Operation in the Red Sea Has Limits

Op-Ed: The Maritime Security Operation in the Red Sea Has Limits

May 22, 2024
  [By Dirk Siebels] The importance of maritime trade is often highlighted to justify naval spending and operations. When commercial traffic in the Red Sea started to be impacted by Houthi attack...
The Black Sea Container Market Has Adapted to Disruption

The Black Sea Container Market Has Adapted to Disruption

By Daniil Melnychenko
May 22, 2024
  The Black Sea container market has undergone significant disruption, with Ukraine at the forefront of these changes. Prior to the Russian invasion, Ukraine boasted the highest container volumes a...

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