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STX’s Chinese Shipyard Sold Decade After its Financial Collapse

STX’s Chinese Shipyard Sold Decade After its Financial Collapse

By The Maritime Executive
July 12, 2022
Nearly eight years after all work stopped at the Dalian shipyard, one of the last pieces in the long-running bankruptcy of STX has been sold. Chinese officials reported that they completed the auction...
Samskip & Ocean Infinity Secure Hydrogen-Fuelled Container Ship Funds

Samskip & Ocean Infinity Secure Hydrogen-Fuelled Container Ship Funds

By The Maritime Executive
July 4, 2022
[By: Samskip] ENOVA innovation award will enable bold vision for two emissions-free container vessels to connect Norway and the Netherlands by 2025 SeaShuttle, the ambitious project to build two...
Headway Carbon Capture and Storage System Approved by DNV

Headway Carbon Capture and Storage System Approved by DNV

By The Maritime Executive
June 29, 2022
[By: DNV] Recently, the carbon capture and storage system (CCS) independently developed by Headway Technology Group (Qingdao) Co., Ltd. obtained the Approval of Principle (AIP) certificate official...
AUKUS: How "Sovereign" Does Naval Shipbuilding Have to Be?

AUKUS: How "Sovereign" Does Naval Shipbuilding Have to Be?

By The Strategist
June 28, 2022
[By Marcus Hellyer and Andrew Nicholls] In our previous post, we considered the likelihood of the US providing Australia with Virginia-class submarines this decade. Doing so would require the US Na...
Sanctioned Russian Billionaire's Yacht Pulls Into Port in Mina Rashid

Sanctioned Russian Billionaire's Yacht Pulls Into Port in Mina Rashid

By The Maritime Executive
June 27, 2022
Another superyacht belonging to a sanctioned Russian oligarch has put into port in the UAE, a jurisdiction widely perceived as a safe haven for Russian assets. The aerodynamic superyacht Madame Gu,...
Hydrogen-Powered Autonomous Containership Receives $15M in Funding

Hydrogen-Powered Autonomous Containership Receives $15M in Funding

By The Maritime Executive
June 26, 2022
A project to develop hydrogen-powered, remotely controlled, and autonomous-ready containerships is moving forward with a funding grant from Norway. The project, which is being led by the Dutch intermo...
Hong Kong's Famous Floating Restaurant May or May Not Have Sunk

Hong Kong's Famous Floating Restaurant May or May Not Have Sunk

By The Maritime Executive
June 24, 2022
The giant floating restaurant that graced Hong Kong's waterfront for decades has capsized during a tow in the South China Sea, and it may or may not have sunk to the seabed. Jumbo Floating Res...
China and India Keep Russia's Oil Exports Afloat

China and India Keep Russia's Oil Exports Afloat

By The Maritime Executive
June 22, 2022
Chinese and Indian buyers are keeping Russia's oil export industry afloat, providing critical foreign revenue for the Russian government, according to the latest market data from research firm Kpl...
Relentless Export Machine: China Doubles its Trade Surplus

Relentless Export Machine: China Doubles its Trade Surplus

By The Strategist
June 22, 2022
[By David Uren] China’s trade surplus hit an extraordinary $292 billion in the first five months of the year—more than double its pre-pandemic level—and its aggressive pursuit of...
China's Real Ambitions in the South Pacific

China's Real Ambitions in the South Pacific

By The Strategist
June 17, 2022
[By John Garrick and Yan C. Bennett] President Xi Jinping’s ‘China dream’ now extends across the Pacific Ocean, where his foreign minister, Wang Yi, recently completed a Pacific i...

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