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Seaspan Finishes Welding Tests for Heavy Icebreaker Construction

Seaspan Finishes Welding Tests for Heavy Icebreaker Construction

By The Maritime Executive
February 8, 2024
Vancouver-based shipbuilder Seaspan has completed a "prototype" hull block for the Canadian Coast Guard's future polar icebreaker to validate its forming and welding techniques, and in a statement Thu...
Maersk Cautions of Overcapacity and Uncertainty for Container Shipping

Maersk Cautions of Overcapacity and Uncertainty for Container Shipping

By The Maritime Executive
February 8, 2024
  Maersk presented a troubling outlook to investors speaking of expected headwinds and issues of oversupply challenges, eroding rates, and uncertainty while guiding to a forecast that could see pro...
Svitzer to Become Standalone Public Company in Demerger from Maersk

Svitzer to Become Standalone Public Company in Demerger from Maersk

By The Maritime Executive
February 8, 2024
  Svitzer, one of the leading global providers of towage and marine services, is set to become a standalone company after 45 years of ownership by AP Moller-Maersk. Svitzer’s management is calling...
Maritime Executive

Op-Ed: To Avoid UK's Struggles, All AUKUS Subs Should Be Virginia-Class

By The Maritime Executive
February 8, 2024
  [By Peter Briggs] In a recent article for The Strategist I painted a depressing picture of the UK’s submarine capability—a force undercapitalized, with inadequate facilities, short of personne...
Northern Ireland Floating Offshore Wind Farm Comes Closer to Realization

Northern Ireland Floating Offshore Wind Farm Comes Closer to Realization

By The Maritime Executive
February 7, 2024
  [By North Channel Wind] Plans to develop the biggest ever green energy project in Northern Ireland, floating offshore wind energy in the North Channel of the Irish Sea, will take a step closer...
As War Risk Spikes in Red Sea, IUMI Says Cover Remains Affordable

As War Risk Spikes in Red Sea, IUMI Says Cover Remains Affordable

By The Maritime Executive
February 7, 2024
After reports of surging war risk insurance rates for transits in the Red Sea, the International Union of Marine Insurers (IUMI) is emphasizing that the global marine insurance market still supports t...
Aging Freighter Sank Under Tow Due to Engine Room Flooding

Aging Freighter Sank Under Tow Due to Engine Room Flooding

By The Maritime Executive
February 7, 2024
When the crew of the tug Capt. Beau set out to tow a derelict cargo ship from Miami to Haiti, they were in for an unwelcome surprise. Just about everything that could go wrong did go wrong: in rough s...
Sweden Drops Investigation Into Nord Stream Blasts

Sweden Drops Investigation Into Nord Stream Blasts

By The Maritime Executive
February 7, 2024
Sweden has dropped its investigation into the blasts that ruptured three of the four Nord Stream pipelines under the Baltic in 2022. The prosecutor guiding the inquiry said that Sweden did not have ju...
House Committee Seeks Answers to the Decline of U.S. Sealift Readiness

House Committee Seeks Answers to the Decline of U.S. Sealift Readiness

By The Maritime Executive
February 7, 2024
The chairman of the House Select Committee on the Chinese Communist Party is sounding the alarm on a familiar problem: the acute deficit of government-owned sealift capacity. Drawing a comparison with...
Methanol Applications Expand with First North Atlantic Cargo RoRo Order

Methanol Applications Expand with First North Atlantic Cargo RoRo Order

By The Maritime Executive
February 7, 2024
  Methanol continues to gain momentum as the preferred alternative fuel option for many new ship designs with Smyril Line based in the Faroe Islands reporting the order for two modern and environme...

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