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GTT Receives Order from HD Hyundai Heavy Industries for VLEC Tank Design

By The Maritime Executive

January 20, 2024

[By: GTT] GTT announces that it has received an order from its partner, the Korean shipyard HD Hyundai Heavy Industries, for the tank design of three new Very Large Ethane Carriers (VLECs) on behal...

Damen Shipyards to Supply Four Fully Electric, Passenger Car Ferries

By The Maritime Executive

January 20, 2024

[By: Damen Shipyards Group] In a competitive tender process that attracted many international bidders, Damen Shipyards has won the contract to build and supply four, fully electric, passenger car f...

Chile Becomes the First Country to Ratify the High Seas Treaty

By The Maritime Executive

January 19, 2024

Almost four months after the High Seas Treaty opened for signing at the UN General Assembly, Chile has become the first country to ratify the historic ocean conservation agreement. On Tuesday, Chile’s...

CMA CGM Moves to Grow Logistics Business Agreeing to Acquire UK’s Wincanton

By The Maritime Executive

January 19, 2024

France’s CMA CGM Group is continuing its strategy to expand beyond its shipping operations focusing on logistics and shoreside operations. Today they announced through their subsidiary CEVA Logis...

Venezuela Tells IMO US Sanctions Idled Tanker Fleet Costing Economy $642B

By The Maritime Executive

January 19, 2024

Venezuela is highlighting a meeting with the new Secretary-General of the International Maritime Organization as it continues its campaign to end U.S. and international sanctions against the oil and g...

Video: Royal Navy Minehunter Backs into Fleet Mate Docking in Bahrain

By The Maritime Executive

January 19, 2024

The UK’s Royal Navy will be dealing with an embarrassing video that is beginning to make the rounds on social media. Two of the navy’s elite minehunters, HMS Chiddingfold and HMS Bangor, based in...

CMA CGM Switches Course Rerouting Australia Service from Red Sea

By The Maritime Executive

January 19, 2024

French shipping giant CMA CGM appears to have had a change of mind informing customers that it has temporarily switched its NEMO route to Australia to sail around Africa. This comes after the car...

Livestock Begin “Cruise” Around Africa as Carrier Diverts From Red Sea

By The Maritime Executive

January 19, 2024

Many vessels have diverted from planned transits for the Red Sea, but news that a loaded livestock carrier is changing course is raising concerns for the health and welfare of thousands of animal...

Houthis Make Second Approach to GENCO Bulker Undeterred by U.S. Strikes

By The Maritime Executive

January 19, 2024

The Houthi rebels are continuing undeterred by the military efforts of the U.S. and other nations vowing that they will continue to strike out at commercial shipping. Despite five strikes by the...

Red Sea Disruption Takes a Toll on Egypt's Finances

By The Maritime Executive

January 18, 2024

Egypt's economy may soon be feeling the pinch from the security situation in the Red Sea, which has dramatically reduced traffic through the Suez Canal. The waterway is a vital, reliable source of...

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