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UK Royal Fleet Auxiliary Officers Set First Ever Strike Over Pay Dispute

UK Royal Fleet Auxiliary Officers Set First Ever Strike Over Pay Dispute

By The Maritime Executive
August 1, 2024
  For the first time in the history of the Royal Navy Auxiliary, the officers of the critical support service to the UK’s Royal Navy plan to stage a one-day strike action. This comes as part of a l...
Jones Act Investments Strong as JP Morgan Group is Latest in the Sector

Jones Act Investments Strong as JP Morgan Group is Latest in the Sector

By The Maritime Executive
August 1, 2024
  Investor interest in the protected U.S. Jones Act shipping market is growing as demonstrated by the news that a group advised by J.P Morgan Global Alternatives’ Global Transportation Group has ta...
Echandia Joins the Growing Green-Propulsion Industry in Washington State

Echandia Joins the Growing Green-Propulsion Industry in Washington State

By The Maritime Executive
August 1, 2024
In a sign of the favorable investment climate in the U.S. shipbuilding supply chain, Swedish battery maker Echandia has decided to set up a manufacturing plant in Washington State, just 50 miles from...
Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty

Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty

By The Maritime Executive
August 1, 2024
  After starting 2024 on a cautionary note, A.P. Moller – Maersk raised its 2024 forecast for the third time this year citing the positive effect on freight rates from the disruptions in the Red Se...
Crowley and SEACOR Launch Newest Jones Act Tanker Company Fairwater

Crowley and SEACOR Launch Newest Jones Act Tanker Company Fairwater

By The Maritime Executive
August 1, 2024
  Approximately 10 months after announcing plans to combine their tanker operations into a new Jones Act company, Crowley and SEACOR reported today the deal has been completed. Known as Fairwater H...
Harland & Wolff Secure Lifeline from U.S. Lender as Reorganization Begins

Harland & Wolff Secure Lifeline from U.S. Lender as Reorganization Begins

By The Maritime Executive
August 1, 2024
  The famed shipbuilding group Harland & Wolff announced it has entered into an arrangement with its existing lending to provide funding commitments to support the group’s “ongoing stabilization an...
Kongsberg Maritime New Contract from Tärntank for Next Wind-Assisted Tanker

Kongsberg Maritime New Contract from Tärntank for Next Wind-Assisted Tanker

By The Maritime Executive
August 1, 2024
[By: Kongsberg Maritime] Kongsberg Maritime continues to solidify its reputation as a leader in next-generation cargo ship development having been awarded a further contract from Danish operator Tä...
ABB Modernizes MS Amera with DC Technology and Shore Connection

ABB Modernizes MS Amera with DC Technology and Shore Connection

By The Maritime Executive
August 1, 2024
[By: ABB] To further improve the efficiency and sustainability of its fleet, Germany-based cruise operator Phoenix Reisen has modernized its 205-meter, 835-passenger capacity ship MS Amera. The ves...
Two Divers Survive 38 Hours Adrift in the Gulf of Mexico

Two Divers Survive 38 Hours Adrift in the Gulf of Mexico

By The Maritime Executive
July 31, 2024
  When recreational divers Nathan and Kim Maker went on a trip off the coast of Texas last Wednesday, they thought that it would be a brief day outing. It turned into a multiday ordeal, afloat in t...
Russian Navy Launches Drills off Every Coast, Except in the Black Sea

Russian Navy Launches Drills off Every Coast, Except in the Black Sea

By The Maritime Executive
July 31, 2024
  On Wednesday, the Russian Navy launched a massive series of drills in the Arctic Ocean, the Pacific, the Baltic Sea and the Caspian Sea, according to the Kremlin. The Black Sea Fleet - which has...

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