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Maersk Supply Service Brings Feeder Concept to EU Offshore Wind Market

Maersk Supply Service Brings Feeder Concept to EU Offshore Wind Market

By The Maritime Executive
April 11, 2023
Maersk Supply Service is planning to take an operating concept from the budding Jones Act offshore wind market and bring it back to Europe. The firm is working with offshore engineering firm GustoMSC...
Maersk Supply New Vessel Aids Europe Work

Maersk Supply New Vessel Aids Europe Work

By The Maritime Executive
April 11, 2023
Maersk Supply Service has entered a collaboration with GustoMSC to design the next generation of Wind Installation Vessel. The new design will build on the same patent and characteristics of the cu...
OOLC'S Steep Q1 Revenue Decline Previews Industry Outlook

OOLC'S Steep Q1 Revenue Decline Previews Industry Outlook

By The Maritime Executive
April 10, 2023
Orient Overseas International, the publicly traded parent company of Orient Overseas Container Line, filed its first quarter financial report giving a glimpse of the expected decline in earnings likel...
Canadian Navy Makes Plans to Replace Aging Victoria-Class Subs

Canadian Navy Makes Plans to Replace Aging Victoria-Class Subs

By Brian Gicheru Kinyua
April 10, 2023
As the United States, the UK and Australia join forces on the construction of nuclear submarines, Canada is reportedly weighing whether to purchase up to 12 conventionally-powered attack subs. Accordi...
Container Shipping Still a Top Earner for Billionaires

Container Shipping Still a Top Earner for Billionaires

By The Maritime Executive
April 9, 2023
With the pandemic era of super profits in container shipping expected to level off this year, the family of the shipping magnate Gianluigi Aponte has emerged as the top winner of the period. Gianluigi...
MSC Could Face FMC Civil Penalty Over Tariff's Congestion Surcharge

MSC Could Face FMC Civil Penalty Over Tariff's Congestion Surcharge

By The Maritime Executive
April 7, 2023
The Federal Maritime Commission is continuing to move aggressively against what it sees as unreasonable charges and business practices of the major carriers. In a filing dated last week, the Office of...
Analysts See Continued Profit Declines for Shipping in 2023

Analysts See Continued Profit Declines for Shipping in 2023

By The Maritime Executive
April 7, 2023
As the investment community prepares for the start of earnings season with the first of the reports scheduled to be released as early as next week, speculation focuses on what the outlook is for the s...
Kelly Craighead, CLIA President & CEO’s Address to Seatrade 2023

Kelly Craighead, CLIA President & CEO’s Address to Seatrade 2023

By The Maritime Executive
April 6, 2023
Thank you.  I am glad to be here in Florida, and I am happier still that so many have been able to join us, and that I have had the chance to see so many friends already. This is the perfect year to...
MSC Euribia is Now Offering Fine Dining at Sea

MSC Euribia is Now Offering Fine Dining at Sea

By The Maritime Executive
April 6, 2023
MSC Stepping Up Dining Experiences •    With new spaces and concepts complementing the already expansive Food & Beverage offering on board, MSC Euribia is a feast for the senses •    Helios Wine B...
Sharp Increase in Containership Schedule Reliability

Sharp Increase in Containership Schedule Reliability

By The Maritime Executive
April 4, 2023
Coming back from the depths of the shipping surge experienced in 2021 and early 2022, the container shipping industry is recovering its schedule reliability to levels last seen at the onset of the pan...

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