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Weak Finances Were Driving OceanGate's Safety Decisions, Ex-Engineer Says

Weak Finances Were Driving OceanGate's Safety Decisions, Ex-Engineer Says

By The Maritime Executive
September 23, 2024
On Monday, a former director of engineering at sub excursion operator OceanGate testified that the company was running out of money in the months prior to the fatal implosion of its submersible, the...
First Containership with Integrated Automation Systems Departs Korea

First Containership with Integrated Automation Systems Departs Korea

By The Maritime Executive
September 23, 2024
South Korea highlights that the first containership designed with an integrated automation system has completed its installation and testing and is now starting international service. The project wh...
CMA CGM Agrees to Buy Brazil’s Largest Terminal and Logistics Company

CMA CGM Agrees to Buy Brazil’s Largest Terminal and Logistics Company

By The Maritime Executive
September 23, 2024
  In a move designed to strengthen its position and Brazil and grow its South American operations, CMA CGM agreed to acquire 48 percent of Santos Brasil the largest terminal operator in the country...
Tour Vessel Sinks Off Greenland, Spilling Fuel

Tour Vessel Sinks Off Greenland, Spilling Fuel

By The Maritime Executive
September 23, 2024
[Brief] Authorities in Greenland are working to respond to a sinking and spill near the island community of Nanortalik in the territory's far southwest.  On September 18-19, the small expedition to...
Environmentalists Block Port of Marseille Protesting Impact of Cruises

Environmentalists Block Port of Marseille Protesting Impact of Cruises

By The Maritime Executive
September 23, 2024
  A group of environmentalists formed a human chain using small boats to block the port of Marseille, France’s large cruise and ferry port on the Mediterranean. The demonstration was designed to ca...
Digitalization, Data & AI Create an Equation for New Safety Protection

Digitalization, Data & AI Create an Equation for New Safety Protection

By The Maritime Executive
September 23, 2024
[By: ABS] Data, digital twins and artificial intelligence are going to reshape everything in maritime from regulation to operating procedures challenging the industry to respond to a new safety pro...
Private Equity Fund Buys Alabama Shipyard for Austal USA's Sub Program

Private Equity Fund Buys Alabama Shipyard for Austal USA's Sub Program

By The Maritime Executive
September 23, 2024
  The U.S. Navy has helped finance a major shipyard acquisition agreement on the Gulf Coast, expanding its submarine construction capacity by brokering a de-facto merger of two private shipyard fac...
No Talks Set with One Week Before U.S. East/Gulf Coast Dock Strike

No Talks Set with One Week Before U.S. East/Gulf Coast Dock Strike

By The Maritime Executive
September 23, 2024
  The deadlock continues between the International Longshoremen’s Association and the U.S. Maritime Alliance as the first coastwide dock strike since 1977 appears likely and ports, shippers, and ca...
Metal Shark Delivers 1st of 2 50’ Fireboats to Anne Arundel Fire Department

Metal Shark Delivers 1st of 2 50’ Fireboats to Anne Arundel Fire Department

By The Maritime Executive
September 23, 2024
[By: Metal Shark] Louisiana-based boat builder Metal Shark has delivered the first of two new welded-aluminum 50-foot fireboats to Anne Arundel County Fire Department in Annapolis, Maryland. These...
Amogy Demonstrates Tugboat Powered by Ammonia Cracking/Fuel Cell

Amogy Demonstrates Tugboat Powered by Ammonia Cracking/Fuel Cell

By The Maritime Executive
September 23, 2024
  A start-up company focusing on ammonia-to-power technology, Amogy demonstrated the first tugboat powered by its cracking technology just short of the fourth anniversary of the company’s launch. T...

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