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Frontline Sale of its Five Oldest VLCCs

By The Maritime Executive

January 15, 2024

[By: Frontline] Frontline plc (the “Company” or “Frontline”) (NYSE: FRO – OSE: FRO) today announced that it has entered into an agreement whereby the Company will sell its five oldest VLCCs, built...

Svend Stenberg Mølholt Appointed CCO at Inchcape Shipping Services

By The Maritime Executive

January 15, 2024

[By: Inchcape Shipping Services] Inchcape Shipping Services (ISS), a global leader in port agency and marine services, is pleased to announce the appointment of Svend Stenberg Mølholt as Chief Comm...

Damen Shipyards Sharjah Celebrates Ten-Year Anniversary

By The Maritime Executive

January 15, 2024

[By: Damen Shipyards Group] On 13th January, Damen Shipyards Sharjah (DSS) celebrated its tenth anniversary. Starting out in 2012 on undeveloped ground, DSS has grown into a state-of-the-art shipya...

Marlink Enables 250 Mbps Uplink for Geophysical Company PGS to Gather Data

By The Maritime Executive

January 15, 2024

[By: Marlink] Marlink, the smart network and digital solutions company, has upgraded the smart hybrid VSAT installation on the seismic research vessel Ramform Hyperion to provide an uplink speed of...

SSI Joins OCX Consortium to Drive Convergence of Standards for 3D Design

By The Maritime Executive

January 15, 2024

[By: SSI] SSI, the leader in software, services and expertise for the business of shipbuilding, has joined the OCX Consortium to facilitate the digital exchange of vessel design data for class appr...

Cosulich and Trafigura Order Methanol Bunker Vessel for Singapore

By The Maritime Executive

January 15, 2024

Italy’s Fratelli Cosulich Group in partnership with global commodities trader Trafigura announced plans to launch a methanol bunkering operation at the Pot of Singapore. It is part of the Italian...

Senators Call on Panama to De-Flag Sanction-Busting Tankers for Iranian Oil

By The Maritime Executive

January 15, 2024

A group of U.S. senators sent a letter last week to the Panama Maritime Authority calling for investigations and de-flagging of tankers that are violating U.S. sanctions on the Iranian oil trade....

Frontline Sells Off its Last "Non-Eco" VLCCs

By The Maritime Executive

January 15, 2024

Frontline, one of the world's largest tanker operators, has agreed to sell five "non-eco" VLCCs to an undisclosed buyer for an appreciable sum, leaving it with an all-"eco" fleet. In general, "eco...

IMB Reports Concerning Rise in Piracy and Dangers to Crews in 2023

By The Maritime Executive

January 15, 2024

There was a slight increase in the number of piracy incidents in 2023 versus 2022 according to the International Chamber of Commerce’s International Maritime Bureau’s Piracy Reporting Center, but...

Fatal Accident Causes Hanwha Ocean to Suspend Production

By The Maritime Executive

January 15, 2024

South Korea’s third-largest shipbuilder, Hanwha Ocean, reports work was suspended at its shipyard facility in Okpo after a fatal accident. An investigation is underway with the yard expected to r...

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