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MCS' Emissions Estimator Gives Predictability on Voyage Costs with EU ETS

MCS' Emissions Estimator Gives Predictability on Voyage Costs with EU ETS

By The Maritime Executive
December 7, 2023
[By: OrbitMI] Voyage costs are set to increase with the EU Emissions Trading System (EU ETS) that will demand clarity on emissions both to determine stakeholder liabilities and manage compliance. A...
METIS Appoints Panos Theodossopoulos as New CEO

METIS Appoints Panos Theodossopoulos as New CEO

By The Maritime Executive
December 6, 2023
[By: METIS Cyberspace Technology] METIS Cyberspace Technology has appointed Panos Theodossopoulos as its new Chief Executive Officer, in a move designed to consolidate the company’s position as a l...
Suez Canal Northbound Traffic Resumes After ONE Containership Hits Bridge

Suez Canal Northbound Traffic Resumes After ONE Containership Hits Bridge

By The Maritime Executive
December 6, 2023
  The Suez Canal Authority is reporting that it was able to recover after an Ocean Network Express (ONE) containership hit a bridge disrupting today’s northbound convoy. At least six vessels had be...
NTSB: Dragged Anchor Caused San Pedro Bay Oil Spill

NTSB: Dragged Anchor Caused San Pedro Bay Oil Spill

By The Maritime Executive
December 5, 2023
The National Transportation Safety Board (NTSB) has called for new VTS safety measures after the anchor-drag incident that caused an oil spill off the coast of California in October 2021. The spill...
MSC Continues Acquisition Spree Making Offer for Freight Forwarder Clasquin

MSC Continues Acquisition Spree Making Offer for Freight Forwarder Clasquin

By The Maritime Executive
December 5, 2023
  MSC Mediterranean Shipping Company is continuing to move aggressively to expand its operations through strategic acquisitions as well as investments in its fleet. In its latest maneuver, it was r...
Five CEOs Call for Regulatory Partnership and End to Fossil Fuel Ships

Five CEOs Call for Regulatory Partnership and End to Fossil Fuel Ships

By The Maritime Executive
December 1, 2023
  The CEOs of five of the world’s largest shipping companies took the unusual step of joining together to outline a shared vision to accelerate the decarbonization of the global maritime industry....
The Great Suez Canal Renaissance

The Great Suez Canal Renaissance

By Jolke Helbing
December 1, 2023
The tectonic plates of world trade are shifting. Southeast Asia’s replacement of China as the world’s manufacturing powerhouse has enormous implications for international shipping routes, ports, and s...
Maritime Executive

Score One for Carriers, HMM Wins FMC Service Complaint from US Importer

By The Maritime Executive
November 29, 2023
  Multiple shippers have turned to the Federal Maritime Commission seeking relief arguing that carriers failed to provide contracted space during the pandemic and that they were forced to pay highe...
Bankrupt Retailer Bed Bath & Beyond Says MSC Owes it $315M in Compensation

Bankrupt Retailer Bed Bath & Beyond Says MSC Owes it $315M in Compensation

By The Maritime Executive
November 28, 2023
Bankrupt former retailing giant Bed Bath & Beyond is continuing its battle against the shipping industry which it blames as a key contributor to the demise of its business. The company closed down ear...
Stolt and United Heavy Lift Confirm Diversion Plans Avoiding Panama Canal

Stolt and United Heavy Lift Confirm Diversion Plans Avoiding Panama Canal

By The Maritime Executive
November 28, 2023
  Carriers have begun to confirm what analysts were suspecting that ships are now being rerouted to avoid the Panama Canal. With the Panama Canal Authority beginning a phased reduction in daily tra...

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