Search Results for "MSC MCS FMC"

MSC and Costamare Settle with Insurers as SoCal Pipeline Resumes Ops

By The Maritime Executive

April 12, 2023

Efforts are continuing to resolve the claims stemming from the October 2021 oil spill off Huntington Beach, California, which was attributed to damage to an undersea pipeline months early when two con...

Invasion of Ukraine Caused Steep Drop in Black Sea Container Traffic

By Vassiliy Vesselovski, Daniil Melnychenko and Alexander Khromov

April 11, 2023

The Black Sea region has witnessed a considerable decline in its market volumes, with the ongoing Russian war in Ukraine resulting in a sharp drop in laden volumes by 28.4 percent (almost 690,000 TEU)...

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

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

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

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

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

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

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

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...

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