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Bahamas Formalized Agreement to Create Global Leader in Ship Repair

Bahamas Formalized Agreement to Create Global Leader in Ship Repair

By The Maritime Executive
August 30, 2024
  The government of the Bahamas highlights that it signed a Heads of Agreement with the Grand Bahamas Shipyard to formalize the ongoing work to revitalize the repair facility and expand its capacit...
COSCO Continues Methanol Commitment with New $2B Order for Containerships

COSCO Continues Methanol Commitment with New $2B Order for Containerships

By The Maritime Executive
August 30, 2024
  Chinese shipping major COSCO joined the rush to new ship orders while continuing its commitment to methanol for the future of shipping. COSCO reports it signed a contract valued at $2.15 billion...
Salvage Plan Prepared as Greece Warns of Oil Leak from Sounion

Salvage Plan Prepared as Greece Warns of Oil Leak from Sounion

By The Maritime Executive
August 30, 2024
  The salvage plan is being prepared with a salvage team organized as they race against time to prevent an environmental disaster in the Red Sea from the burning Greek tanker Sounion. After contrad...
Opsealog Partners with Azule Energy to Reduce Emissions from OSV Fleet

Opsealog Partners with Azule Energy to Reduce Emissions from OSV Fleet

By The Maritime Executive
August 30, 2024
[By: Opsealog] Opsealog, a provider of data integration and analysis services for the maritime and offshore industry, has been awarded a two-year contract with Azule Energy, Angola’s largest indepe...
Maersk Ship Demasts Iconic Sailing Ship and Damages Port Entering Fremantle

Maersk Ship Demasts Iconic Sailing Ship and Damages Port Entering Fremantle

By The Maritime Executive
August 30, 2024
A well-known three-masted training ship Leeuwin II was extensively damaged as well as parts of the Fremantle, Australia port as a Maersk container vessel was attempting to dock in bad weather. Two i...
Incat to Double Shipbuilding Capacity with New Facility in Tasmania

Incat to Double Shipbuilding Capacity with New Facility in Tasmania

By The Maritime Executive
August 30, 2024
  Tasmania-based shipbuilder Incat, a pioneer in aluminum catamarans, is doubling its production capacity with the acquisition of a second site located northwest of Hobart. The expansion is part of...
Rescue NGOs Wish Migrant Boats Received Same SAR Response as Superyacht

Rescue NGOs Wish Migrant Boats Received Same SAR Response as Superyacht

By The Maritime Executive
August 29, 2024
  After the loss of the superyacht Bayesian and seven lives last week, NGO rescue organizations are pointing out differences in the government response to the luxurious vessel's sinking. The Bayesi...
DNV: Efficiency Will Play the Biggest Role in Near-Term Decarbonization

DNV: Efficiency Will Play the Biggest Role in Near-Term Decarbonization

By The Maritime Executive
August 29, 2024
  While many shipowners have made headline-grabbing investments in green dual-fuel technology over the past year, the most important area of near-term progress in decarbonization is likely going to...
Despite Sanctions, Sovcomflot is Making a Healthy Profit

Despite Sanctions, Sovcomflot is Making a Healthy Profit

By The Maritime Executive
August 29, 2024
  Despite Western interference with its work, Russian state tanker operator Sovcomflot is still shipping oil and making a healthy profit, a reflection of its resilience and of Washington's reluctan...
BOEM Sets Date for Wind Auction Off Oregon

BOEM Sets Date for Wind Auction Off Oregon

By The Maritime Executive
August 29, 2024
  The Bureau of Ocean Energy Management has set a date for the first lease auction for offshore wind sites off the coast of Oregon. The inaugural sale will take place October 15, about one year bef...

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