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Red Sea Disruption Forces Tesla to Suspend Production in Germany

Red Sea Disruption Forces Tesla to Suspend Production in Germany

By The Maritime Executive
January 11, 2024
Yemen's Houthi rebels have been disrupting commercial shipping in the Red Sea with drone and missile attacks since November, delaying transits and doubling rates for containerized freight on the core...
Maritime Executive

India Prepares to Launch its Own P&I Club

By The Maritime Executive
January 11, 2024
India's government is reportedly ramping up to launch its own local P&I club. Its first services would be for the domestic market, but it could expand later to cover international shipping interests,...
Shipper Seeks FMC Relief from $2M in D&D Saying COSCO Should Divert Cargo

Shipper Seeks FMC Relief from $2M in D&D Saying COSCO Should Divert Cargo

By The Maritime Executive
January 11, 2024
  While the shipping community continues to wait for a new ruling from the Federal Maritime Commission on the detention and demurrage (D&D) charges, a Texas-based shipper is also filing a complaint...
U.S., British Forces Strike Houthi Positions in Yemen

U.S., British Forces Strike Houthi Positions in Yemen

By The Maritime Executive
January 11, 2024
[Breaking] On Thursday, the U.S. and UK conducted airstrikes on Houthi rebel positions in Yemen. The long-awaited counterstrike occurred after nearly two months of harassment and 27 attacks on shippin...
Maritime Executive

Transnet Seeks International Help for South Africa’s Port Operations

By The Maritime Executive
January 11, 2024
  South African ports operator Transnet is seeking international assistance in its efforts to turn around the operational issues at the country’s terminals. The company has launched a series of ten...
Chinese Car Company BYD Launches First Car Carrier for European Exports

Chinese Car Company BYD Launches First Car Carrier for European Exports

By The Maritime Executive
January 11, 2024
  An LNG-fueled car carrier which is billed as China’s first built specifically for the export of domestically made cars set sail yesterday for Europe. Part of China’s rapid ascendancy toward leadi...
Qatar Goes Big Reportedly Ordering World’s Largest LNG Carriers from China

Qatar Goes Big Reportedly Ordering World’s Largest LNG Carriers from China

By The Maritime Executive
January 11, 2024
  QatarEnergy is reported to be moving forward with the expansion plans for the LNG carrier fleet with an agreement reached for the construction of the world’s largest carriers. According to report...
Maritime Executive

Drug Smuggling Suspect Killed During U.S. Coast Guard Pursuit

By The Maritime Executive
January 11, 2024
On New Year's Day, a Coast Guard airborne pursuit team accidentally killed a drug-running suspect during an interdiction in the Caribbean, the service said Thursday. The Coast Guard's airborne mark...
Turkey, Bulgaria and Romania Announce Joint Effort to Clear Black Sea Mines

Turkey, Bulgaria and Romania Announce Joint Effort to Clear Black Sea Mines

By The Maritime Executive
January 11, 2024
  A new initiative is being launched to clear mines in the Black Sea. Turkey announced the agreement on Thursday at a ceremony alongside the defense ministers of Romania and Bulgaria saying the eff...
Advancing Offshore Decarbonization Through Electrification of FPSOs

Advancing Offshore Decarbonization Through Electrification of FPSOs

By Matthew Tremblay
January 11, 2024
  The marine and offshore sectors have an important role to play in driving a successful energy transition. In recent years, significant progress has been made by operators and original equipment m...

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