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Belgian Court Raises Tanker Value While Finding for CMB in Shareholder Suit

Belgian Court Raises Tanker Value While Finding for CMB in Shareholder Suit

By The Maritime Executive
September 8, 2024
  A court in Belgium has largely dismissed an action brought by a dissident shareholder regarding the valuation in the settlement between CMB (Compagnie Maritime Belge) and Frontline for the contro...
Greece to Increase Port Fees and Limit Cruise Ships at Most Popular Islands

Greece to Increase Port Fees and Limit Cruise Ships at Most Popular Islands

By The Maritime Executive
September 8, 2024
  Greece’s Prime Minister Kyriakos Mitsotakis detailed a series of steps the country plans to roll out to better manage the influx of tourism Greece is experiencing. He introduced the concepts in a...
Talks Continue Over Tanker Burning in Red Sea as U.S. Releases Video

Talks Continue Over Tanker Burning in Red Sea as U.S. Releases Video

By The Maritime Executive
September 8, 2024
Salvage efforts for the burning crude oil tanker Sounion have remained stalled for a week with new reports that Greece as the flag state of the 164,000 dwt crude oil tanker is leading diplomatic talks...
ABB and Seafjord Energy Introduce Pioneering E-Bunker Vessel Concept

ABB and Seafjord Energy Introduce Pioneering E-Bunker Vessel Concept

By The Maritime Executive
September 8, 2024
[By: ABB] ABB’s power and propulsion solution was chosen by SeaFjord Energy, a Swedish innovator in marine energy solutions, for a pioneering e-bunker vessel concept that offers a new way of supply...
CIMAC & Maritime Battery Forum New Paper on Batteries in Deep-Sea Shipping

CIMAC & Maritime Battery Forum New Paper on Batteries in Deep-Sea Shipping

By The Maritime Executive
September 8, 2024
[By: CIMAC] CIMAC and the Maritime Battery Forum now published the first of three white papers on the environmental impact of batteries in deep-sea shipping. The paper offers a comprehensive examin...
Explosion and Fire at Bangladesh Scrapyard Kills One, Injures 11

Explosion and Fire at Bangladesh Scrapyard Kills One, Injures 11

By The Maritime Executive
September 8, 2024
  There was an explosion and subsequent fire at one of Bangladesh’s green certified shipyards on Saturday morning, September 7, as workers were cutting into a tanker being dismantled at the yard. I...
Ship Fuels: Ammonia - Is the Juice Worth the Squeeze?

Ship Fuels: Ammonia - Is the Juice Worth the Squeeze?

By Sean M. Holt
September 8, 2024
As the maritime industry grapples with stringent regulations to reduce greenhouse gas emissions, ammonia emerges as a potential darling alternative fuel, offering a solution devoid of carbon emissions...
MAN Introduces Second-Generation Common-Rail

MAN Introduces Second-Generation Common-Rail

By The Maritime Executive
September 8, 2024
[By: MAN Energy Solutions] MAN Energy Solutions has announced a new generation of its Common Rail injection system for its medium-speed, four-stroke portfolio. The CR 2.2 common-rail fuel-injection...
Avikus & DNV Join on First Type Approval for Autonomous Navigation at SMM

Avikus & DNV Join on First Type Approval for Autonomous Navigation at SMM

By The Maritime Executive
September 8, 2024
[By: Avikus] Avikus, a leading innovator in autonomous navigation technology, and DNV, the world’s leading classification society, have officially announced their collaboration on the development a...
Launch of New Oriduct Segments Daggerboard & Steering Gear Announced at SMM

Launch of New Oriduct Segments Daggerboard & Steering Gear Announced at SMM

By The Maritime Executive
September 8, 2024
[By: Becker Marine Systems] The Hamburg-based company, Becker Marine Systems, a leading provider of manoeuvring systems and energy-saving devices for the maritime industry, has recently introduced...

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