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Boxship Bonanza Expected in 2024 as Deliveries Reach Record Pace

Boxship Bonanza Expected in 2024 as Deliveries Reach Record Pace

By The Maritime Executive
January 10, 2024
  The surge of new containerships coming from the construction orders placed in the last few years is upon the industry with analysts predicting the fastest pace of growth in a decade for the secto...
Houthis Launch Largest Attack Yet on Merchant Shipping

Houthis Launch Largest Attack Yet on Merchant Shipping

By The Maritime Executive
January 10, 2024
On Tuesday night, Iranian-backed Houthi rebels launched a massive attack on international shipping in the Red Sea, defying a series of warnings from the U.S, the UK and a small number of international...
Luxury Resort Gets Denmark's First Hydrofoiling Electric Boat

Luxury Resort Gets Denmark's First Hydrofoiling Electric Boat

By The Maritime Executive
January 9, 2024
The UK-based electric vessel company Artemis has sold a high-tech hydrofoiling workboat to an island resort in Denmark, putting the possibility of all-electric marine transport on display in a luxurio...
Nakilat Orders $1B Worth of LNG and LPG Carriers

Nakilat Orders $1B Worth of LNG and LPG Carriers

By The Maritime Executive
January 9, 2024
Qatar's LNG transport operator, Nakilat, has reached a deal with Hyundai Heavy Industries for two standard-sized LNG carriers and four very large ammonia/LPG carriers.  The newbuilds will have the...
Ukraine Reaches New Export Milestones with Support of Bulk Shippers

Ukraine Reaches New Export Milestones with Support of Bulk Shippers

By The Maritime Executive
January 9, 2024
  Ukraine is marking a new milestone in its ongoing export programs with the now six-month-old corridor established along the Black Sea and support for the West to provide insurance for vessels ope...
American Cruise Lines to Improve Fleet Accessibility in ADA Settlement

American Cruise Lines to Improve Fleet Accessibility in ADA Settlement

By The Maritime Executive
January 9, 2024
  American Cruise Lines which operates a fleet of U.S.-flagged coastal and inland passenger cruise ships has reached an agreement with the U.S. Attorney’s Office that calls for improving accessibil...
Hydrogen-Powered CTV Deploys in Germany as CMB.TECH Enhances Power System

Hydrogen-Powered CTV Deploys in Germany as CMB.TECH Enhances Power System

By The Maritime Executive
January 9, 2024
Belgium’s Saverys family continues its efforts to lead the shipping industry into the future announcing that the technology from its company CMB.TECH was used to deploy Germany’s first hydrogen-powere...
Royal Navy Dispatches a Third Warship to Red Sea

Royal Navy Dispatches a Third Warship to Red Sea

By The Maritime Executive
January 9, 2024
The Royal Navy and the Italian Navy are dispatching additional warships to the Red Sea, augmenting a growing number of allied naval vessels that have deployed to the area in order to protect merchant...
Container Lost off Maersk Ship Spills Raw Plastic on Spain’s Beaches

Container Lost off Maersk Ship Spills Raw Plastic on Spain’s Beaches

By The Maritime Executive
January 9, 2024
  Nearly a month after environmentalists and local officials began calling attention to plastic nurdles washing up on Spain’s beaches, the federal government is opening a formal investigation. The...
Eversource Expects $1.4-$1.6B Charge as It Negotiates Sale of US Wind Farms

Eversource Expects $1.4-$1.6B Charge as It Negotiates Sale of US Wind Farms

By The Maritime Executive
January 9, 2024
  Eversource Energy which operates New England’s largest energy delivery system reports it is continuing with its efforts to exit its investments in the emerging U.S. offshore energy sector. Last f...

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