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Clarksons: For CII Compliance, Slowing Down Helps Less Than You Think

Clarksons: For CII Compliance, Slowing Down Helps Less Than You Think

By The Maritime Executive
May 10, 2023
Many of the world's shipowners are planning to continue trading their older, less fuel-efficient tonnage using a time-honored method: slowing down. Pulling back from the vessel's rated sea speed by ju...
Liner Schedule Reliability Nearly Doubled in Past Year to 2020 Levels

Liner Schedule Reliability Nearly Doubled in Past Year to 2020 Levels

By The Maritime Executive
May 9, 2023
After two years of delays and backlogs, liner schedules are approaching the levels they historically operated at before the surge in shipping volumes during the pandemic. The new monthly update on sch...
Maritime Executive

CMA CGM Offers $5.5B for Bolloré Logistics to Become Logistics Leader

By The Maritime Executive
May 8, 2023
CMA CGM Group formalized its offer to buy the logistics operations of France’s Bolloré Group in a deal which if completed values Bolloré Logistics at $5.5 billion and would make CMA CGM among the top...
MSC Musica Homeport of Pireaus 2023 for East Med

MSC Musica Homeport of Pireaus 2023 for East Med

By The Maritime Executive
May 8, 2023
MSC Cruises held a major event on board MSC Musica in the port of Piraeus for nearly 200 members of the Greek travel industry to celebrate the ship’s summer 2023 sailing season in the East Mediterrane...
FMC Surpasses $1M in Complaint Refunds from Carriers in Past 10 Months

FMC Surpasses $1M in Complaint Refunds from Carriers in Past 10 Months

By The Maritime Executive
May 4, 2023
The Federal Maritime Commission is reporting that it surpassed the $1 million milestone for charge complaints refunded or waived since the passage in June 2022 of the Ocean Shipping Reform Act. Fees c...
Maritime Executive

Samsung and MISC Both Highlight Next-Generation Offshore Production

By The Maritime Executive
May 3, 2023
With strong demand continuing for offshore energy production, Samsung Heavy Industries and MISC Berhad used an energy industry trade show earlier this week in Houston, Texas to highlight their designs...
Video: Hybrid Powered Silver Nova Floated Out by Meyer Weft

Video: Hybrid Powered Silver Nova Floated Out by Meyer Weft

By The Maritime Executive
May 2, 2023
Royal Caribbean Group’s Silversea Cruises marked the float out of its new cruise ship at the Meyer Werft shipyard in Papenburg, Germany on April 28. The ship is being billed as the “first hybrid, luxu...
Bankrupt Retailer Bed Bath & Beyond Files $32M Complaint Against OOCL

Bankrupt Retailer Bed Bath & Beyond Files $32M Complaint Against OOCL

By The Maritime Executive
May 1, 2023
Continuing the ongoing complaints from shippers against carriers over the service problems during the past few years, bankrupt retailer Bed Bath & Beyond has filed a blistering complaint against Orien...
Port of Valencia Tests a Green Hydrogen Powered Terminal Tractor

Port of Valencia Tests a Green Hydrogen Powered Terminal Tractor

By The Maritime Executive
April 30, 2023
Last week, the Spanish Port of Valencia became the first port in the world to launch operations of a 4×4 tractor unit powered by green hydrogen to move containers within its terminal. The terminal...
ClassNK Grants Endorsement To Terasaki Electric Co., Ltd

ClassNK Grants Endorsement To Terasaki Electric Co., Ltd

By The Maritime Executive
April 26, 2023
ClassNK has granted its Innovation Endorsement for Products & Solutions to an onboard data platform called TMIP (TERASAKI Marine Information Platform) developed by Terasaki Electric Co., Ltd. In or...

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