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Trafigura Pleads Guilty and Will Pay $126M to Settle Brazilian Bribery Case

Trafigura Pleads Guilty and Will Pay $126M to Settle Brazilian Bribery Case

By The Maritime Executive
March 29, 2024
  International commodities trading company Trafigura resolved a long-standing investigation with the U.S. Department of Justice into a bribery scheme conducted by former employees and agents to se...
Cranes and Equipment Reach Baltimore as Salvage Plan is Developed

Cranes and Equipment Reach Baltimore as Salvage Plan is Developed

By The Maritime Executive
March 29, 2024
  Equipment is beginning to arrive in Baltimore and is being pre-positioned at critical points near the wreckage of the Francis Scott Key Bride and the stranded containership Dali in preparation fo...
Drewey: Congestion and Delays Likely as Ports Handle Baltimore Diversions

Drewey: Congestion and Delays Likely as Ports Handle Baltimore Diversions

By The Maritime Executive
March 29, 2024
  While U.S. East Coast ports have been quick to respond to the suspension of vessel traffic to Baltimore, respected maritime industry researcher and advisor Drewry warns of the likelihood of conge...
In Baltimore, Ship Strike "Never Occurred to Anybody"; In Delaware, It Did

In Baltimore, Ship Strike "Never Occurred to Anybody"; In Delaware, It Did

By The Maritime Executive
March 29, 2024
Nine years ago, in 2015, Delaware's bridge transport authority set aside $2.5 million to design new protective fenders for the Delaware Memorial Bridge. Tankers and boxships on the Delaware River were...
Indian Navy Rescues Hijacked Fishing Boat from Pirates

Indian Navy Rescues Hijacked Fishing Boat from Pirates

By The Maritime Executive
March 29, 2024
  The Indian Navy has once again successfully intervened in a piracy incident rescuing the crew of a hijacked fishing vessel. After more than 12 hours of intense operations, the pirates on board th...
ClassNK Grants Innovation Endorsements for Products & Solutions to MOL

ClassNK Grants Innovation Endorsements for Products & Solutions to MOL

By The Maritime Executive
March 29, 2024
[By: ClassNK] ClassNK has granted its Innovation Endorsements for Products & Solutions to two initiatives by Mitsui O.S.K. Lines, Ltd. (MOL), “FOCUS” and “Sustainable Seafaring, Wellness Living”....
Closure of Baltimore Port Impacts Coal Exports and Bulk Trades Warns US EIA

Closure of Baltimore Port Impacts Coal Exports and Bulk Trades Warns US EIA

By The Maritime Executive
March 29, 2024
The closing of the Port of Baltimore is likely to have an impact on several core trades in the U.S. primarily in the less high-profile bulk trades including coal and important materials for agricultur...
Russian Warships Transit Red Sea to Eritrea as Houthis Resume Launches

Russian Warships Transit Red Sea to Eritrea as Houthis Resume Launches

By The Maritime Executive
March 29, 2024
  After a lot of speculation in the Western media about Russian warships entering the Red Sea, the Russian Pacific fleet’s frigate Marshal Shaposhnikov arrived on Thursday, March 28 at Eritrea’s Po...
Chevron Tests Hybrid Electric Fueling Barge Chartered in Singapore

Chevron Tests Hybrid Electric Fueling Barge Chartered in Singapore

By The Maritime Executive
March 29, 2024
  Chevron is testing operations with a hybrid electric bunker tanker as it explores expanding the use of the technology. The fueling giant looks at the vessel, the Marine Dynamo, which is on charte...
Largest Floating Crane on East Coast Will Help Clear Baltimore Bridge

Largest Floating Crane on East Coast Will Help Clear Baltimore Bridge

By The Maritime Executive
March 28, 2024
In a press briefing Thursday, Maryland Gov. Wes Moore pledged to restore the damage from the Francis Scott Key Bridge's collapse, but cautioned that it would not happen quickly.  "This is an incred...

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