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South Africa Will Lift Force Majeure at Ports as Operations Resume

South Africa Will Lift Force Majeure at Ports as Operations Resume

South Africa’s Transnet, which operates the terminals and logistics for the country’s container operations, plans to lift its force majeure declaration effective August 2. The company had...

Did the Bouchard Tug and Barge Auction Achieve the Right Prices?

Did the Bouchard Tug and Barge Auction Achieve the Right Prices?

After several years of legal wrangling in bankruptcy court, most of the marine assets of Bouchard Transportation were sold at auction earlier this month, with the asset purchase agreements to be final...

Tanger Med Port Propels Morocco's Booming Auto Sector

Tanger Med Port Propels Morocco's Booming Auto Sector

STMicroelectronics is set to inaugurate a new electric vehicles (EV) chip production at its facility in Bouskoura, Morocco. The plant will be dedicated to producing electronic chips for Tesla after ST...

Biofuel Gains Traction in UK Offshore Wind Service Sector

Biofuel Gains Traction in UK Offshore Wind Service Sector

A second-generation biofuel derived from waste vegetable oil is gaining traction in the UK's offshore wind industry, which - despite its solid green credentials - must still rely on diesel-powered...

Maritime Executive

Crisis Continues in South Africa with Violence Impacting Durban

Violence and looting are continuing in parts of South Africa as the government struggles to regain control and bring an end to the unrest, which is endangering millions of people and disrupting commer...

South Korea Announces Major Subsidies for Containerized Shipping

South Korea Announces Major Subsidies for Containerized Shipping

The government of South Korea has announced a five-year plan to double down on its financial support for domestic shipping companies, and the details suggest an exceptional level of national commitmen...

Kawasaki Plans to Focus on Hydrogen Shipping Moving LPG Work to China

Kawasaki Plans to Focus on Hydrogen Shipping Moving LPG Work to China

In an effort to lower costs for basic parts of the shipbuilding process, and focus on the emerging hydrogen market, Japan’s Kawasaki Heavy Industries is planning to shift construction work to a...

VIKING to Showcase Portfolio for the Defense Sector at DEFEA Athens

VIKING to Showcase Portfolio for the Defense Sector at DEFEA Athens

[By: VIKING] VIKING Life-Saving Equipment chooses inaugural DEFEA Athens as first live event to showcase consolidated high-performance boats, life-saving and safety solutions for defence sector....

OneWeb Completes Mission to Cover Regions North of 50 Degrees Latitude

OneWeb Completes Mission to Cover Regions North of 50 Degrees Latitude

[By: OneWeb] OneWeb, the Low Earth Orbit (LEO) satellite communications company, today announced the successful launch of another 36 satellites to mark the completion of its ‘Five to 50&rsquo...

Canaveral Port Authority “Fireboat 2” Christened Into Service

Canaveral Port Authority “Fireboat 2” Christened Into Service

In keeping with maritime tradition, Port Canaveral’s new high-tech firefighting vessel Fireboat 2 was officially christened and commissioned into service during a ceremony at the Port that inclu...