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China Pays Owners to Scrap and Replace Old Ships

China Pays Owners to Scrap and Replace Old Ships

By The Maritime Executive
August 19, 2024
  As part of a wave of measures to stimulate demand, China's government has announced new subsidies to incentivize domestic shipowners to renew their fleets with more efficient, green-fueled tonnag...
U.S. Secretary of the Navy Wants Maersk to Order American-Made Ships

U.S. Secretary of the Navy Wants Maersk to Order American-Made Ships

By The Maritime Executive
August 19, 2024
  In a meeting in Denmark last week, U.S. Secretary of the Navy Carlos Del Toro had an unusual suggestion for A.P. Moller-Maersk CEO Vincent Clerc, one of the world's most prominent shipowners: Del...
MOL Looks to Cow Manure to Supply Biomethane Fuel

MOL Looks to Cow Manure to Supply Biomethane Fuel

By The Maritime Executive
August 19, 2024
A group of Japanese companies is researching cow manure as a source to produce biomethane to fuel the decarbonization of heavy industry and shipping. While methane is viewed as a promising alternative...
Maersk Center's CTO Passes Away at 51

Maersk Center's CTO Passes Away at 51

By The Maritime Executive
August 19, 2024
The Maersk Mc-Kinney Moller Center for Zero Carbon Shipping has lost its Chief Technology Officer, Claus Winter Graugaard, who passed away from a sudden illness on July 30. He was 51 years old.  Gr...
Court Rejects Bid to Delay Date to Finalize Plan to Move SS United States

Court Rejects Bid to Delay Date to Finalize Plan to Move SS United States

By The Maritime Executive
August 19, 2024
  The S.S. United States Conservancy lost its latest court bid to extend the date to move the once famed ocean liner from its pier in Philadelphia. The nonprofit had asked the court to give it till...
Maine Awarded First License for Floating Offshore Wind Research Project

Maine Awarded First License for Floating Offshore Wind Research Project

By The Maritime Executive
August 19, 2024
  A research effort to develop possibly the first floating offshore wind project in the United States received a research lease today from the U.S. Department of the Interior. It comes almost three...
Poor Port Infrastructure Caused Andros Ferry Incident, Not Ship's Master

Poor Port Infrastructure Caused Andros Ferry Incident, Not Ship's Master

By Capt. Nikolaos Chalaris, FNI
August 19, 2024
  Once again the Greek ferry system has attracted international attention for the abnormal and poor operational standards that have become a “custom of the trade.” The master of a ro/pax ferry who...
Startup Receives Funding for a Fleet of Sailing Ships to Produce Hydrogen

Startup Receives Funding for a Fleet of Sailing Ships to Produce Hydrogen

By The Maritime Executive
August 19, 2024
  A UK startup, Drift Energy, has received seed round funding for its vision of a fleet of sailing ships operating around the globe generating and supplying green hydrogen. The funding will be used...
Dutch Environmentalists Renew Protests Delaying Cruise Ships and Tanker

Dutch Environmentalists Renew Protests Delaying Cruise Ships and Tanker

By The Maritime Executive
August 19, 2024
  Three cruise ships and an oil product tanker were all impacted yesterday August 18 due to protests regarding the environment by the Dutch branch of the group Extinction Rebellion. It was the seco...
British Tech Entrepreneur Goes Missing After Superyacht Sinks

British Tech Entrepreneur Goes Missing After Superyacht Sinks

By The Maritime Executive
August 19, 2024
One of Britain's most prominent tech entrepreneurs has gone missing after a superyacht sank off the coast of Sicily, according to officials in Italy.  On Monday, the sailing yacht Bayesian was at a...

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