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Five Times a Charm, ONE Sets Another TEU Record with New ULCV Class

Five Times a Charm, ONE Sets Another TEU Record with New ULCV Class

By The Maritime Executive
January 26, 2024
  Ocean Network Express (ONE) has done it again setting yet another record for the highest number of boxes loaded on a containership. The new ONE Intelligence, the last member of its new ultra larg...
Controversial Chinese Research Vessel Schedules Port Call in Maldives

Controversial Chinese Research Vessel Schedules Port Call in Maldives

By The Maritime Executive
January 26, 2024
  Tensions are being sparked in the Indian Ocean region with news that a Chinese marine research vessel, Xiang Yang Hong 03, will be making a visit to the Maldives starting next week. News of the v...
UN Warns of Growing Threat to Global Trade Due to Convergence of Challenges

UN Warns of Growing Threat to Global Trade Due to Convergence of Challenges

By The Maritime Executive
January 26, 2024
  UN officials are sounding the alarm on the growing global impact to trade from the mounting problems ranging from the Black Sea to the Suez and Panama Canals, and now the security problems in the...
Biden Confirms Pause on New LNG Export Permits for DOE Review

Biden Confirms Pause on New LNG Export Permits for DOE Review

By The Maritime Executive
January 26, 2024
  The administration of President Joe Biden confirmed today the earlier reports that it is launching a review of the U.S. approval process for new liquified natural gas (LNG) export permits in effe...
TUI Sets Supply Relationship to Launch First Methanol-Fueled Cruise Ship

TUI Sets Supply Relationship to Launch First Methanol-Fueled Cruise Ship

By The Maritime Executive
January 26, 2024
  TUI Cruises is a step closer to becoming the first line to operate a cruise ship on methanol and in time green methanol as part of the German company’s commitment to the decarbonization of its op...
Ørsted Cancels Maryland Power Agreement as it Reviews US Offshore Wind Plan

Ørsted Cancels Maryland Power Agreement as it Reviews US Offshore Wind Plan

By The Maritime Executive
January 26, 2024
Ørsted is continuing with its efforts to realign its U.S. offshore wind portfolio while also taking steps to emphasize that it remains committed to the market and sees future opportunities. The U.S. d...
Trafigura Tanker on Fire After Being Hit by Houthi Missile in Gulf of Aden

Trafigura Tanker on Fire After Being Hit by Houthi Missile in Gulf of Aden

By The Maritime Executive
January 26, 2024
  A Houthi missile has struck a product tanker operated for Trafigura, the commodity trading firm with the company confirm the vessel is on fire. It is the second report of attacks by the rebel gro...
Houthis Continue Strikes with Missiles Toward Tankers and U.S. Destroyer

Houthis Continue Strikes with Missiles Toward Tankers and U.S. Destroyer

By The Maritime Executive
January 26, 2024
  The Houthis continued targeting ships in the Red Sea and Gulf of Aden firing several missiles toward both tankers and a U.S. warship earlier today. This comes despite the efforts by the U.S. and...
S. China Sea's Subsea Features Get New Chinese Names

S. China Sea's Subsea Features Get New Chinese Names

By The Maritime Executive
January 26, 2024
On Tuesday, China released the results of a new geological survey of the South China Sea, and claims to have named nearly 400 subsurface features throughout the water body.  Beijing claims sovereig...
Brazil Offers $1.3 Billion in Subsidies for Shipbuilding Sector

Brazil Offers $1.3 Billion in Subsidies for Shipbuilding Sector

By The Maritime Executive
January 25, 2024
  In line with Brazil’s pledge to restore its offshore shipbuilding industry, the state-backed Merchant Marine Fund (MMF) has approved $1.3 billion to support local shipyards in delivering new orde...

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