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Container Lessor Textainer to be Acquired by Stonepeak in $7.4B Deal

Container Lessor Textainer to be Acquired by Stonepeak in $7.4B Deal

By The Maritime Executive
October 23, 2023
Alternative investment firm Stonepeak plans to further expand its investments in shipping-related businesses, announcing a deal to acquire Textainer Group in a deal valuing one of the largest containe...
Maersk Contracts China’s Xinya for First Methanol Dual-Fuel Retrofit

Maersk Contracts China’s Xinya for First Methanol Dual-Fuel Retrofit

By The Maritime Executive
October 20, 2023
Maersk is moving forward with the company’s planned conversion of one of its in-service containerships to become the first retrofitted dual-fuel methanol containership. The company announced in...
Alpha Ori and Danelec Partner to Fast-Track Maritime Digitalization

Alpha Ori and Danelec Partner to Fast-Track Maritime Digitalization

By The Maritime Executive
October 18, 2023
[By: Danelec] Danelec, the largest maritime data collection solutions provider and market leader in maritime operational and safety technology, is pleased to announce the signing of a Memorandum of...
Strike at Chevron Australia’s LNG Ops to Resume as Contract Talks Deadlock

Strike at Chevron Australia’s LNG Ops to Resume as Contract Talks Deadlock

By The Maritime Executive
October 6, 2023
Workers at Chevron’s two major LNG gas facilities in Western Australia voted on Friday to resume their strike after saying that the oil major “reneged on the commitment they gave to the Fa...
Two Top Execs at South Africa's Port and Rail Operator Resign

Two Top Execs at South Africa's Port and Rail Operator Resign

By The Maritime Executive
October 2, 2023
The CEO and CFO of South African state logistics company Transnet resigned last Friday. The departure of Transnet’s CEO Portia Derby was a culmination of pressure from business and labor groups,...
Australia Helps Build Port in Tonga, Center of Competition with China

Australia Helps Build Port in Tonga, Center of Competition with China

By The Maritime Executive
September 29, 2023
Australia has pledged it will provide $20 million to support much-needed upgrades to Nuku’alofa Port in the Kingdom of Tonga. The Asian Development Bank (ADB) had in 2020 approved a $45 million...
Transformative Solutions

Transformative Solutions

By Sean M. Holt
September 27, 2023
As vessels become more advanced and complex, fleet owners and operators are turning to cutting-edge software solutions to maximize efficiency and performance. A tsunami of maritime applications is flo...
Maritime Executive

Report: China Holds the Key to Fixing Illegal Fishing in West Africa

By The Maritime Executive
September 26, 2023
Researchers at the U.S. think tank Stimson Center believes that China - the world's top sponsor of distant-water fishing vessels - could take the lead in addressing illegal, unreported and unregul...
Singapore Announced Top Maritime Centre for 10th Consecutive Year

Singapore Announced Top Maritime Centre for 10th Consecutive Year

By The Maritime Executive
September 25, 2023
[By: Baltic Exchange] For the 10th year in a row, Singapore ranks first in the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. Published jointly by Chinese state ne...
ABB to Power Samskip’s New Hydrogen-Fueled Container Vessels

ABB to Power Samskip’s New Hydrogen-Fueled Container Vessels

By The Maritime Executive
September 21, 2023
[By: ABB] ABB will deliver a comprehensive power, propulsion and automation system for two newbuild short-sea container ships of the global logistics company Samskip Group headquartered in Rotterda...

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