Search Results for "enterprise"

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Greek and Swedish Shipping Associations Join NGO on EU ETS Proposal

Greek and Swedish Shipping Associations Join NGO on EU ETS Proposal

In one of the more surprising alliances, the Greek and Swedish shipowner associations are joining with a leading NGO to propose one of the most comprehensive carbon pricing models under the EU’s pendi...

U.S. Navy Challenges India's EEZ Navigation Rules

U.S. Navy Challenges India's EEZ Navigation Rules

In a rare move, the U.S. Navy conducted a freedom of navigation patrol in the Indian Exclusive Economic Zone (EEZ) without India’s preliminary consent. The service declared that the move was aimed at...

Africa’s Growth and the Potential of the Blue Economy 

Africa’s Growth and the Potential of the Blue Economy 

Africa is a complex continent. She is an eclectic mix of authoritarian regimes, where leaders have been in power for many decades; countries that are attempting to make their way towards democracy, ev...

Biden Administration Dampens Kenya's Hopes for Bilateral Trade Deal

Biden Administration Dampens Kenya's Hopes for Bilateral Trade Deal

The Biden administration's plans to review foreign trade policy and refocus it on America's economic recovery have thrown long-running free trade negotiations with Kenya into disarray. In a develop...

Maritime Executive

"Error 409: Conflict"

On June 27, 2017, during a sunny afternoon at its Copenhagen headquarters, global shipping titan A.P. Møller-Maersk, responsible for nearly 800 vessels, found its operations dead in the water in a mat...

Powerful Winds Prompt Cape Town to Consider Moving its Seaport

Powerful Winds Prompt Cape Town to Consider Moving its Seaport

During the final week of March 2021, elected municipal officials from the City of Cape Town, South Africa asked the nation’s national ports authority to relocate the container terminal from Table Bay...

International Seaways and Diamond S in $2 Billion Tanker Mega-Merger

International Seaways and Diamond S in $2 Billion Tanker Mega-Merger

In a mega-merger, two US-listed tanker operators have agreed to combine to create one of the world’s largest energy transportation services for crude oil and petroleum products. A year in the making,...

Cargotec Sells Navis to Accel-KKR for Enterprise Value of €380 Million

Cargotec Sells Navis to Accel-KKR for Enterprise Value of €380 Million

Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an enterprise value of EUR 380 million. Carg...

Damen Shipyards Cape Town Launches SA Navy's 1st MMIPV

Damen Shipyards Cape Town Launches SA Navy's 1st MMIPV

On 25 March 2021, Damen Shipyards Cape Town (DSCT) launched the first of three Multi-Mission Inshore Patrol Vessels (MMIPV) procured by ARMSCOR for the South African Navy (SAN).   The vessels will...

Maritime Executive

UK Court: Shipbreaking Fatality Suit May Proceed

Britain's Court of Appeals has given the green light for the widow of a Bangladeshi shipbreaking worker to sue Maran (UK) Ltd., the former owner of the tanker Maran Centaurus, in connection with her h...