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Wing-in-Ground Craft Startup Regent Secures $300M Leasing Deal

Wing-in-Ground Craft Startup Regent Secures $300M Leasing Deal

By The Maritime Executive
May 6, 2024
Regent, the manufacturer of a line of battery-electric wing-in-ground craft, has secured a $300 million purchase-and-lease agreement with green shipping finance company Monte Maritime.  Regent's WI...
Ireland Releases Draft Plan for South Coast Offshore Wind Farms

Ireland Releases Draft Plan for South Coast Offshore Wind Farms

By The Maritime Executive
May 6, 2024
  Ireland released a draft of its plan to designate four areas off the south coast for offshore wind projects and proceed to auctions. It follows the successful first offshore auction in May 2023 w...
Montrose is Scotland’s First Port with Shore Power for Energy Sector's OSVs

Montrose is Scotland’s First Port with Shore Power for Energy Sector's OSVs

By The Maritime Executive
May 6, 2024
  The port of Montrose, located on Scotland’s eastern coast north of Edinburgh and Dundee, became the first Scottish port to provide shore power service for offshore energy supply vessels. The Mont...
ITF Calls Out "Worst Case of Seafarer Abandonment Ever Seen"

ITF Calls Out "Worst Case of Seafarer Abandonment Ever Seen"

By The Maritime Executive
May 6, 2024
The International Transport Workers' Federation has identified another Mideast vessel operator that has allegedly abandoned multiple ships and their crews, without supplies or wages. According to ITF,...
Smugglers Toss 2.5 Tons of Cocaine Overboard to Escape Royal Navy Pursuit

Smugglers Toss 2.5 Tons of Cocaine Overboard to Escape Royal Navy Pursuit

By The Maritime Executive
May 6, 2024
  The latest interdiction in the Caribbean by the Royal Navy’s patrol ship HMS Trent sounds like a scene from a motion picture. The vessel, which was commissioned in 2020 and was on a regular patro...
USCG Agreement Sets Development Pathway for First Hydrogen-Power US Towboat

USCG Agreement Sets Development Pathway for First Hydrogen-Power US Towboat

By The Maritime Executive
May 6, 2024
  The project that has been underway for the past several years to develop the U.S.’s first hydrogen-power towboat reached a critical agreement with the U.S. Coast Guard that provides a pathway for...
Equatorial Guinea May Be Holding S. African Engineers Over Seized Yacht

Equatorial Guinea May Be Holding S. African Engineers Over Seized Yacht

By The Maritime Executive
May 6, 2024
The government of South Africa is working to secure the release of two oil and gas executives who were charged and swiftly convicted of drug trafficking in Equatorial Guinea last year. They were arres...
BOEM Completes Review for Alternative Foundation Test at BP’s Beacon Wind

BOEM Completes Review for Alternative Foundation Test at BP’s Beacon Wind

By The Maritime Executive
May 6, 2024
The U.S. Department of the Interior’s Bureau of Ocean Energy Management completed its environmental review clearing the way for testing of an alternative foundation for the Beacon Win site located s...
Fortescue’s Ammonia-Fueled Ship Runs Propulsion and Maneuverability Tests

Fortescue’s Ammonia-Fueled Ship Runs Propulsion and Maneuverability Tests

By The Maritime Executive
May 6, 2024
  Sea trials continue for the first vessel operating on ammonia, an offshore supply vessel converted by Australia’s Fortescue. Earlier this year, the vessel completed the first marine bunkering of...
Maersk Warns Red Sea Impact Widens Creating Capacity Constraints and Costs

Maersk Warns Red Sea Impact Widens Creating Capacity Constraints and Costs

By The Maritime Executive
May 6, 2024
  The largest container carriers are warning customers of increased disruptions and costs after the Houthi widened the attacks further into the Indian Ocean and have threatened to further expand th...

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