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U.S. Coast Guard Seizes $11M Worth of Cocaine, Heroin and Meth

U.S. Coast Guard Seizes $11M Worth of Cocaine, Heroin and Meth

By The Maritime Executive
January 8, 2024
The U.S. Coast Guard has made its first drug bust of the year in the Gulf of Oman, capturing a mixed batch of narcotics worth $11 million.  Early this month, the international Combined Maritime For...
Stena Expands E-Flexer RoPax Class with First Vessel for Mediterranean

Stena Expands E-Flexer RoPax Class with First Vessel for Mediterranean

By The Maritime Executive
January 8, 2024
  The successful RoPax E-Flexer class is being increased with the first vessel designed for operation in the Mediterranean ordered. The class is a unique concept for larger vessels than the standar...
U.S. Built CTV Delivered by St. Johns Ship Building for Vineyard Wind

U.S. Built CTV Delivered by St. Johns Ship Building for Vineyard Wind

By The Maritime Executive
January 8, 2024
The first of three new crew transfer vessels being built to support the Vineyard Wind 1 wind farm off Massachusetts has been delivered as another example of the opportunities for U.S. shipbuilders c...
Australia Rejects Wind Port Plans Due to Unacceptable Environmental Impact

Australia Rejects Wind Port Plans Due to Unacceptable Environmental Impact

By The Maritime Executive
January 8, 2024
  Australia’s federal government rejected plans for the country’s first wind port saying that it would have “unacceptable impacts” on the environment and wildlife and in the process has also create...
Help Wanted: Royal Navy Uses LinkedIn to Find New Head of Nuclear Subs

Help Wanted: Royal Navy Uses LinkedIn to Find New Head of Nuclear Subs

By The Maritime Executive
January 8, 2024
The Royal Navy's submarine service has a long and proud history, including decades of experience operating nuclear-armed subs - the stealthiest, most dangerous vessels at sea. It does not, however, ap...
Fairbanks Morse Defense Acquires Samtan Engineering Corporation

Fairbanks Morse Defense Acquires Samtan Engineering Corporation

By The Maritime Executive
January 8, 2024
[By: Fairbanks Morse Defense] Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired single-source metalworking supplier Samtan Engineering Corporation ba...
Panama Ship Registry Grows in 2023 Maintaining 16 Percent Market Share

Panama Ship Registry Grows in 2023 Maintaining 16 Percent Market Share

By The Maritime Executive
January 8, 2024
The Panama Ship Registry experienced continued growth in 2023 maintaining its leadership position in the industry as it continues to also modernize the registry. Panama and Liberia remain rivals for t...
Surging Chinese Car Exports Drive Up PCTC Rates

Surging Chinese Car Exports Drive Up PCTC Rates

By The Maritime Executive
January 8, 2024
Chinese-made electric cars are flooding the European market, pushing the limits of maritime transport capacity and driving up rates for PCTCs, according to the FT.  American automaker Tesla has bee...
Electric Passenger Ferries to Transform Public Transportation with Torqeedo

Electric Passenger Ferries to Transform Public Transportation with Torqeedo

By The Maritime Executive
January 8, 2024
[By: Torqeedo] The Delta del Paraná in Argentina is the only river delta on earth that empties into another river, creating an 8,400 square-mile wetlands paradise just one hour from Buenos Aires. F...
Egypt Agrees with AD Ports to Develop Cruise and Cargo at Red Sea Ports

Egypt Agrees with AD Ports to Develop Cruise and Cargo at Red Sea Ports

By The Maritime Executive
January 8, 2024
  The government of Egypt is continuing its efforts to develop Safaga on the Red Sea into a major international port by entering into two agreements with the UAE’s AD Ports Group. Ill-timed because...

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