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Maritime Executive

Bouchard Transportation Files for Chapter 11

By The Maritime Executive
September 29, 2020
On Tuesday, privately-held oil barge transport company Bouchard Transportation filed for Chapter 11 bankruptcy. The family-owned firm plans to fund its normal operations with debtor-in-possession fina...
Maritime Executive

Report: Cruise Shutdown Takes Heavy Toll on Florida's Ports

By The Maritime Executive
September 24, 2020
In a new report based on discussions with maritime stakeholders, Federal Maritime Commissioner Louis E. Sola has catalogued the economic impact of COVID-19 on Florida's cruise sector and its seaports....
Mexican Government Seizes Product Tanker in Fuel Theft Bust

Mexican Government Seizes Product Tanker in Fuel Theft Bust

By The Maritime Executive
September 21, 2020
On Sunday, Mexico's Office of the Attorney General (FGR) and the Mexican Navy seized a product tanker at the port of Veracruz for alleged involvement in the transportation of stolen fuel.  In Mexic...
The Curious Case of Carrier Profitability

The Curious Case of Carrier Profitability

By Luke Robert
September 18, 2020
The pandemic has rattled global supply chains due to demand shocks caused by the lockdown. Its impact accelerated the impetus for companies who were in the midst of change to relocate their manufactur...
Archaeologists Identify Steamship Used to Transport Enslaved Mayans

Archaeologists Identify Steamship Used to Transport Enslaved Mayans

By The Maritime Executive
September 16, 2020
Researchers with Mexico's National Institute of Anthropology and History (INAH) have identified the first known wreck of a vessel used in the Mayan slave trade, the 19th-century human trafficking ente...
European Support to Retrain Spain's Unemployed From Shipbuilding Jobs

European Support to Retrain Spain's Unemployed From Shipbuilding Jobs

By The Maritime Executive
September 14, 2020
The European Commission is proposing to provide significant aid to assist in Spain in the transition of employees in shipbuilding related businesses who lost their jobs due to global shifts in shipbui...
Damen Shipyards Cape Town Lays Keel on Second Project BIRO IPV

Damen Shipyards Cape Town Lays Keel on Second Project BIRO IPV

By The Maritime Executive
September 10, 2020
[By: Damen Shipyards] On 28th August, Damen Shipyards Cape Town (DSCT) held a keel-laying. The keel-laying was for the second of three Multi-Mission Inshore Patrol Vessels (MMIPV) that DSCT is buil...
New Horizons

New Horizons

By Tony Munoz
September 9, 2020
Frank Coles has a vision. The Wallem Group CEO wants to enhance transparency in the ship management business and change the business model through the power of technology. "The lack of transparency...
The Rise of Technological Moats in Global Freight Forwarding

The Rise of Technological Moats in Global Freight Forwarding

By Luke Robert
September 7, 2020
The future of any industry is shaped by the hands of its most forward-looking incumbents. Dominant businesses able to combine the boldness of their visions with deft execution tend to gain and hold po...
"Historic" Seizure: CBP Finds $27M in Hard Cash Aboard Freighter

"Historic" Seizure: CBP Finds $27M in Hard Cash Aboard Freighter

By The Maritime Executive
September 2, 2020
On Saturday, officers with U.S. Customs and Border Protection seized $27 million in cash inside moving boxes aboard a small freighter at the port of San Juan, Puerto Rico.  During an outbound inspe...

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