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August Offshore Wind Lease Sale Scheduled for Two Central Atlantic Areas

August Offshore Wind Lease Sale Scheduled for Two Central Atlantic Areas

By The Maritime Executive
June 28, 2024
  The Department of the Interior announced today it would hold an offshore wind energy lease sale in the Central Atlantic. The areas are to be auctioned on August 14, 2024, by the Bureau of Ocean E...
Germany is Discussing Financial Bailout for Meyer Werft

Germany is Discussing Financial Bailout for Meyer Werft

By The Maritime Executive
June 28, 2024
  The shipyard group Meyer Werft is reportedly facing a growing financial crisis that is going to require refinancing of the company by mid-September as it works to address the downturn in the mark...
U.S. Launches “Coordinated Review” of Troubled Gaza Pier and Aid Mission

U.S. Launches “Coordinated Review” of Troubled Gaza Pier and Aid Mission

By The Maritime Executive
June 28, 2024
  The Inspectors General from the U.S. Department of Defense and the U.S. Agency for International Development confirmed that they are launching coordinated, independent oversight projects to revie...
Disruptions Grow at German Ports as Labor Talks Drag On

Disruptions Grow at German Ports as Labor Talks Drag On

By The Maritime Executive
June 28, 2024
  Germany’s powerful union Ver.di is continuing to stage a series of “warning strikes” rolling across the main German commercial ports as the union says they are “still far apart” on contract negot...
Maritime Executive

U.S. Unleashes Wave of Tanker Sanctions Citing Iranian Nuclear Escalation

By The Maritime Executive
June 28, 2024
  The United States announced a sweeping effort sanctioning a total of 11 vessels and three shipping companies based in the UAE all involved in the oil trade and raising monies for Iran. Announcing...
The Maritime Executive's Global Shipbuilding Edition is Out, Read Online

The Maritime Executive's Global Shipbuilding Edition is Out, Read Online

By Tony Munoz
June 28, 2024
  RAISING THE BAR China, with its 35 percent share, continues to dominate the global shipbuilding market thanks to its solid government subsidies, cheap land and labor. Japan and South Korea, wi...
Salvors Decontaminate and Refloat Well-Known Cruise Ship Aurora

Salvors Decontaminate and Refloat Well-Known Cruise Ship Aurora

By The Maritime Executive
June 27, 2024
  Contractors working for the U.S. Coast Guard have decontaminated and refloated the derelict former cruise ship Aurora, which sank at her berth on May 22, releasing pollutants into the San Joaquin...
France's Far Right Has Tonnage Tax in its Sights

France's Far Right Has Tonnage Tax in its Sights

By The Maritime Executive
June 27, 2024
  France's tonnage tax system is under threat again, and this time, its detractors are poised to gain power. The nation's ascendant far right has been eyeing the favorable tax treatment that shipow...
Efforts Proceed for Morocco’s New Transshipment Nador West Deepwater Port

Efforts Proceed for Morocco’s New Transshipment Nador West Deepwater Port

By The Maritime Executive
June 27, 2024
  After more than a decade of planning, progress is being made in the development of Morocco’s new Mediterranean port called Nador West Med. The first phase of the port is expected to be commission...
American Maritime Partnership Congratulates 2024 Maritime Academy Grads

American Maritime Partnership Congratulates 2024 Maritime Academy Grads

By The Maritime Executive
June 27, 2024
  The American Maritime Partnership (AMP) – the voice of the domestic maritime industry – congratulates the nearly 1,500 graduates from the seven U.S. maritime academies in 2024. These esteemed ins...

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