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Maritime Executive

MSC's D&D Fees to Be Investigated by FMC for Possible Violations

By The Maritime Executive
August 14, 2023
Mediterranean Shipping Company’s (MSC) detention and demurrage charges and its billing procedures are coming under the scrutiny of the Federal Maritime Commission. In an order of investigation and hea...
China Edges Ahead of Greece as Largest Shipowner by Gross Tonnage

China Edges Ahead of Greece as Largest Shipowner by Gross Tonnage

By The Maritime Executive
August 14, 2023
Chinese officials are highlighting new research from the UK-based Clarkson Research Service that shows that China has become the world’s largest shipowner based on gross tonnage surpassing Greek shipo...
Canada Continues to Buy Local with New AOPS Bearing Deal for Thordon

Canada Continues to Buy Local with New AOPS Bearing Deal for Thordon

By The Maritime Executive
August 13, 2023
[By: Thordon Bearings] Thordon Bearings has been awarded a contract to supply seawater-lubricated bearings for installation to the first of two modified versions of the Harry DeWolf-class of Arctic...
Container Shipping on Track for Record Growth Despite Earning Setbacks

Container Shipping on Track for Record Growth Despite Earning Setbacks

By The Maritime Executive
August 10, 2023
The containership sector continues to set new records despite the overall downturn in volumes and rates which is contributing to a near-term dramatic drop in the carriers’ revenues and net income. In...
Rotterdam’s Largest Cocaine Seizure as Efforts Expand to Stop Smuggling

Rotterdam’s Largest Cocaine Seizure as Efforts Expand to Stop Smuggling

By The Maritime Executive
August 10, 2023
Prosecutors in the Netherlands confirmed the largest-ever individual seizure of cocaine being smuggled through the port of Rotterdam. The discovery was made last month but only now released with few d...
MSC Places Further Order for 10 Additional 10,300 TEU LNG Boxships

MSC Places Further Order for 10 Additional 10,300 TEU LNG Boxships

By The Maritime Executive
August 9, 2023
Mediterranean Shipping Company’s (MSC) appetite for expansion appears to be continuing unabated even as the company nears a 20 percent market share based on capacity. In the latest step, MSC is report...
Construction Starts on Canadian Coast Guard’s Arctic Patrol Ships

Construction Starts on Canadian Coast Guard’s Arctic Patrol Ships

By The Maritime Executive
August 8, 2023
Work is getting underway at Canada’s Irving Shipbuilding in Halifax on the first of two new Arctic and Offshore Patrol Ships (AOPS) for the Canadian Coast Guard’s fleet. By sharing an adapted platform...
Importers Allege Fresh Del Monte’s Shipping Discriminated Against Customers

Importers Allege Fresh Del Monte’s Shipping Discriminated Against Customers

By The Maritime Executive
August 8, 2023
A group of Ecuadorian export produce companies and their U.S. importers filed a complaint with the Federal Maritime Commission (FMC) alleging “unfair or unjust discriminatory practices” from their car...
Local Government Files Lawsuit to Block New Port NOLA Container Terminal 

Local Government Files Lawsuit to Block New Port NOLA Container Terminal 

By The Maritime Executive
August 8, 2023
Efforts to develop a large new container terminal to expand the import and export capacity of the Port of New Orleans and Louisiana continue to face local opposition. In the latest development in the...
MSC Buys Italian AlisCargo Airlines to Expand Branded Air Cargo Service

MSC Buys Italian AlisCargo Airlines to Expand Branded Air Cargo Service

By The Maritime Executive
August 7, 2023
MSC has acquired a controlling stake in Italy’s only airline dedicated to the intercontinental transport of goods, AlisCargo Airlines, as part of the carriers’ plans to build out its air cargo operati...

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