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Euronav Highlights Tanker Segment Strength with Strong Results and Outlook

Euronav Highlights Tanker Segment Strength with Strong Results and Outlook

By The Maritime Executive
February 1, 2024
  Tanker operator Euronav reported strongly improved results for 2023 while highlighting that spot rates are on average up by nearly a quarter so far in 2024 as the energy industry responds to geop...
Video: Ukraine Sinks Another Russian Warship Using Drone Boats

Video: Ukraine Sinks Another Russian Warship Using Drone Boats

By The Maritime Executive
February 1, 2024
Ukraine's military intelligence service claims that it has sunk a Russian missile corvette using suicide drone boats, adding to a growing list of high profile casualties for the Black Sea Fleet. Se...
Eni Strengthens Offshore Gas Portfolio With Neptune's Assets

Eni Strengthens Offshore Gas Portfolio With Neptune's Assets

By The Maritime Executive
February 1, 2024
Italian oil major Eni and its majority-owned subsidiary Var Energi have bought out almost all of the assets of Neptune Energy Group. The sale was completed Wednesday, seven months after the transactio...
Design Approval Sought for World’s First High-Speed Fuel Cell Vessel

Design Approval Sought for World’s First High-Speed Fuel Cell Vessel

By The Maritime Executive
February 1, 2024
  A Norwegian project to develop what they are calling the world’s first high-speed vessel employing fuel cells to achieve zero emissions has reached a milestone as it seeks design approval. The pr...
Auramarine Appoints New Vice President of Sales for Asia

Auramarine Appoints New Vice President of Sales for Asia

By The Maritime Executive
February 1, 2024
[By: Auramarine] Auramarine Ltd, the leading fuel supply systems pioneer for the marine, process and power industries has announced the appointment of Björn Ekblad as the new Vice President of Sale...
Bardex Corporation Expands Staff, Facilities as Project Roster Grows

Bardex Corporation Expands Staff, Facilities as Project Roster Grows

By The Maritime Executive
February 1, 2024
[By: Bardex] Bardex, a global leader in engineered solutions and products for heavy lifting, large-vessel transfer, and other challenging marine-based applications, has over the past several months...
Swire Absorbs Historic Northwest Brand Westwood Shipping

Swire Absorbs Historic Northwest Brand Westwood Shipping

By The Maritime Executive
January 31, 2024
One of the Pacific Northwest's few names in international shipping has sailed off into the sunset. Westwood, which started life as the in-house shipping line of Northwest timber giant Weyerhaeuser, ha...
Galveston LNG Bunker Port Sets Site for Proposed LNG Bunkering Facility

Galveston LNG Bunker Port Sets Site for Proposed LNG Bunkering Facility

January 31, 2024
Galveston LNG Bunker Port (GLBP) has announced its lease-agreement with the City of Texas City for 140 acres of land on Shoal Point in Galveston County, Texas, adjacent to the Texas City Ship Channel...
For the First Time, US Navy Shoots Down Iranian Drones Over Gulf of Aden

For the First Time, US Navy Shoots Down Iranian Drones Over Gulf of Aden

By The Maritime Executive
January 31, 2024
[Breaking] On Wednesday night, the U.S. Navy destroyer USS Carney shot down one Houthi ballistic missile and "three Iranian UAVs" at a position off Yemen, according to U.S. Central Command. It is the...
Red Sea Tensions May Help Revive Somali Piracy

Red Sea Tensions May Help Revive Somali Piracy

By The Maritime Executive
January 31, 2024
Maritime security analysts are concerned that the disruption in the Red Sea and Gulf of Aden may be creating new opportunities for Somali pirates, who had been quasi-dormant since 2012 but have recent...

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