Search Results for "how to buy ships"

Pirates Want $5M and Threaten to Kill Crew as Bulker is Taken to Somalia

By The Maritime Executive

March 13, 2024

The pirates that boarded the Bangladesh-owned bulker Abdullah (58,000 dwt) have reportedly threatened the lives of the crewmembers if their ransom demands are not met. Government officials cautio...

Surge in Demand for BASSnet Dry-Docking Software

By The Maritime Executive

March 13, 2024

[By: BASS] More and more shipping companies are purchasing the BASSnet dry-docking software as a valuable complement to the solution’s Maintenance, Materials management and Procurement modules. The...

Alfa Laval OceanGlide Fluidic Air Lubrication System Secures First MoU

By The Maritime Executive

March 13, 2024

[By: Alfa Laval] Alfa Laval has collaborated with a Korean shipbuilding company by signing the first Memorandum of Understanding (MOU) for OceanGlide installations. This agreement shows the growing...

Search of Lost Thai Navy Frigate Ends Without Finding Missing Crew

By The Maritime Executive

March 12, 2024

A partial salvage operation on the wreck of the Royal Thai Navy frigate Sukhothai has concluded, without recovering the remains of five missing crewmembers. On the night of December 18, 2022, the...

HD Hyundai Joins Nuclear Power Firms to Launch Advocacy Group in London

By The Maritime Executive

March 12, 2024

South Korean shipbuilder HD Hyundai takes decarbonization seriously, and in its latest move, it has signed up with 11 nuclear-energy companies to start a new advocacy organization on the west side of...

U.S. Promotes Tug-and-Barge Option to Deliver Aid to Gaza

By The Maritime Executive

March 12, 2024

The Biden administration is quietly pushing for a commercial tug-and-barge operation to fill the need for aid delivery to Gaza, where famine looms amidst ongoing conflict between Israel and Hamas. ...

Top Insurer Subsidizes Use of AI Navigation-Safety Tool

By The Maritime Executive

March 12, 2024

After successful testing, insurer NorthStandard has decided to subsidize the use of AI-driven collision avoidance aboard its customers' ships. Under a new program, it will help pay for installation an...

MARAD Sets $500 Million for 2024 Grants Under Ports Improvement Program

By The Maritime Executive

March 12, 2024

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $500 million in funding for the Port Infrastructure Development Program in Federal Fiscal Year 2024. The program provi...

US Unions File Trade Complaint Accusing China of Unfair Shipbuilding Policy

By The Maritime Executive

March 12, 2024

A wide-reaching coalition of American labor unions, supported by U.S. Senators, today filed a formal complaint against China targeting its shipbuilding industry and the policies of the Chinese governm...

11 Survivors of Houthi Missile Attack Return Home, Two Remain in Hospital

By The Maritime Executive

March 12, 2024

The surviving crewmembers of the bulker True Confidence have begun to return to the Philippines, and 11 of them arrived in Manila on Tuesday. With financial assistance from the Philippine governme...

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