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Suez Canal Volume Down by a Quarter in Second Half of December

By The Maritime Executive

January 4, 2024

The International Monitory Fund’s PortWatch system designed to explore how global supply chains are exposed to present and future disruptions, is labeling the Suez Canal as a “notable chokepoint”...

Op-Ed: The EU ETS is an Opportunity to Create Genuine Change

By Søren Meyer

January 4, 2024

Shipping’s inclusion in the EU Emissions Trading System (EU ETS) has created countless conversations over the past 12 months, as the industry prepares to comply with the new regulation. The EU ETS i...

Japan’s Largest Offshore Wind Farm Starts Commercial Operations

By The Maritime Executive

January 4, 2024

Japan’s largest commercial wind farm and one of the very first to be completed offshore was commissioned near Hokkaido, the northernmost of Japan’s main islands. Located on the west side of the i...

Repercussions of Red Sea Turmoil Mount as Box Rates Jump 60% in One Week

By The Maritime Executive

January 4, 2024

Spot freight rates are the leading indicator of the mounting repercussions from the ongoing disruptions to the shipping industry due to the security problems in the Red Sea. With the attacks cont...

Defying Western Threats, Houthis Launch Drone Boat Attack in Red Sea

By The Maritime Executive

January 4, 2024

Less than a day after a Western coalition threatened them with "consequences," Yemen's Houthi militants launched a suicide drone boat attack in the Red Sea, an American official said Thursday. The...

SHI Contracts Hanwha Ocean to Provide Blocks for Shipbuilding Projects

By The Maritime Executive

January 4, 2024

Hanwha Ocean has reportedly entered into a deal to build blocks for Samsung Heavy Industries in a unique cooperation that for the first time sees two of South Korea’s largest builders working tog...

Ongoing Incident: Bulker Boarded off Somalia

By The Maritime Executive

January 4, 2024

In a still developing situation, an identified merchant vessel is reporting that it has been boarded in the Arabian Sea between Somalia and Yemen. The United Kingdom Maritime Trade Organizations...

Mawani and MEDLOG Announce Integrated Logistics Park at King Abdulaziz Port

By The Maritime Executive

January 4, 2024

[By: Mawani] Under the patronage and presence of HE Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority, Mawani and MELDOG, the lo...

Marlink Deploys Smart Hybrid Network to Accelerate Digital Decarbonization

By The Maritime Executive

January 4, 2024

[By: Marlink] Marlink, the smart network and digital solutions company, will deploy its guaranteed bandwidth hybrid network solutions to the Höegh Autoliners fleet to accelerate the company’s integ...

MSC Continued its Explosive Growth in 2023

By The Maritime Executive

January 4, 2024

After MSC swept past Maersk and took first place in the liner rankings in early 2022, it could have slowed down and enjoyed the win - but it didn't. Instead, the carrier continued to add capacity thro...

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