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Italy Approves Red Sea Mission After Destroyer Downs Houthi Drone

Italy Approves Red Sea Mission After Destroyer Downs Houthi Drone

By The Maritime Executive
March 5, 2024
A day after the attack by the Houthis on an MSC Mediterranean Shipping Company vessel, Italian lawmakers officials approved the country’s participation in the EU’s Operation Aspides i...
Video: Indian Navy Assists MSC Ship with Fire After Houthi Attack

Video: Indian Navy Assists MSC Ship with Fire After Houthi Attack

By The Maritime Executive
March 5, 2024
MSC Mediterranean Shipping Company confirmed that its vessel MSC Sky II suffered minor damage including a fire after it was struck by the Houthis. The Indian Navy went to the vessel’s aid afte...
Red Sea Problems Drive Schedule Reliability to Lowest Level in 15 Months

Red Sea Problems Drive Schedule Reliability to Lowest Level in 15 Months

By The Maritime Executive
March 4, 2024
Red Sea diversions and the disruptions to carriers’ routes are taking a significant toll on schedule reliability which is now at its lowest level in 15 months. In a new analysis of the mark...
Thordon Strengthens Relationship with Fincanteri with Bearing System Orders

Thordon Strengthens Relationship with Fincanteri with Bearing System Orders

By The Maritime Executive
March 4, 2024
[By: Thordon Bearings] Fincantieri’s Sestri Ponente (Genoa) shipyard in Italy is scheduled to take delivery of Thordon’s COMPAC open seawater-lubricated propeller shaft bearing system f...
Report: MSC Boxship Catches Fire After Houthi Missile Strike

Report: MSC Boxship Catches Fire After Houthi Missile Strike

By The Maritime Executive
March 4, 2024
[Updated] Yemen's Houthi rebels have hit another merchant ship and sparked a fire with a missile strike in the Gulf of Aden, according to two UK security consultancies. Ambrey and Vanguard Tec...
Port of Antwerp Must Pay $45M Compensation to DP World in Land Dispute

Port of Antwerp Must Pay $45M Compensation to DP World in Land Dispute

By The Maritime Executive
February 28, 2024
Belgium and the Port Authority for the Port of Antwerp-Bruges have been ordered by an international tribunal to pay substantial compensation to DP World in a long-running dispute over the assignm...
Fearing Long-Term Problems in Red Sea, Cruise Lines Change Plans

Fearing Long-Term Problems in Red Sea, Cruise Lines Change Plans

By The Maritime Executive
February 27, 2024
The cruise industry is starting to rethink its plans into 2025 as increasingly they believe the problems in the Red Sea will persist. It is a view shared by the commercial shipping industry, but...
CMA CGM, COSCO, Evergreen and OOCL Extend Alliance to 2032

CMA CGM, COSCO, Evergreen and OOCL Extend Alliance to 2032

By The Maritime Executive
February 27, 2024
Demonstrating their commitment to cooperation and putting to rest some of the ongoing speculation, the CEOs of four of the largest container carriers came together to announce they agreed to exte...
FMC Publishes New Rules on Detention and Demurrage Charges

FMC Publishes New Rules on Detention and Demurrage Charges

By The Maritime Executive
February 23, 2024
The Federal Maritime Commission on Friday released its highly anticipated update and clarification on the rules for detention and demurrage (D&D) charges. These fees became one of the most ho...
Maritime Executive

From Beyond, Bed Bath Files $4M Complaint Against Evergreen with FMC

By The Maritime Executive
February 23, 2024
The bankruptcy estate for former home goods retailer Bed Bath & Beyond continues to pursue its grievances against the shipping industry for its role in the demise of the chain. In its latest...

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