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Approval in Principle for Methanol Superstorage Solution on Existing Ships

Approval in Principle for Methanol Superstorage Solution on Existing Ships

By The Maritime Executive
October 3, 2023
[By: SRC Group] A new and space efficient retrofit methanol storage solution from SRC Group has received Approval in Principle from Lloyd’s Register, signifying that no major conceptual issues have...
More U.S. Wind Farms Terminate Power Agreements Due to Financial Pressures

More U.S. Wind Farms Terminate Power Agreements Due to Financial Pressures

By The Maritime Executive
October 3, 2023
The U.S. continues to push forward with the permitting process for the development of offshore wind energy resources while evidence continues to mount regarding the changing economics of the sector. D...
For China's Shipowners, Economy and Trade Drove Fleet Growth

For China's Shipowners, Economy and Trade Drove Fleet Growth

By The Maritime Executive
October 2, 2023
Greece still dominates the waves when measuring ship ownership by deadweight tonnage, but this year China took the lead in terms of gross tonnage (GT) and total fleet value owned, according to Clarkso...
Two Top Execs at South Africa's Port and Rail Operator Resign

Two Top Execs at South Africa's Port and Rail Operator Resign

By The Maritime Executive
October 2, 2023
The CEO and CFO of South African state logistics company Transnet resigned last Friday. The departure of Transnet’s CEO Portia Derby was a culmination of pressure from business and labor groups, which...
U.S. Navy Quietly Decommissions Two Littoral Combat Ships in One Day

U.S. Navy Quietly Decommissions Two Littoral Combat Ships in One Day

By The Maritime Executive
October 2, 2023
On Friday, the U.S. Navy base in Mayport, Florida hosted a scene rarely encountered since the mass demobilization of the late 1940s: two young warships with long lifetimes ahead were removed from serv...
Hapag Celebrates Introduction of its First Ultra Large, LNG-Fueled Boxship

Hapag Celebrates Introduction of its First Ultra Large, LNG-Fueled Boxship

By The Maritime Executive
October 2, 2023
Hapag-Lloyd marked its entry into the ultra large container vessel segment, celebrating the introduction of its first newbuild. The 23,664 TEU Berlin Express was named in Germany today, becoming the l...
Delayed Federal Budget May Hit U.S. Navy Ship Repair Projects

Delayed Federal Budget May Hit U.S. Navy Ship Repair Projects

By The Maritime Executive
October 2, 2023
On Saturday, the U.S. Congress averted a looming government shutdown by passing a 45-day stopgap funding measure. This annual ritual - known as the continuing resolution, or CR - changes the landscape...
Jan de Nul Swings for the Fences With Record-Setting Cable Layer

Jan de Nul Swings for the Fences With Record-Setting Cable Layer

By The Maritime Executive
October 2, 2023
Jan de Nul Group has put in an order for the world's largest cable-laying vessel by deadweight, preparing to meet new demand for offshore renewable energy projects and subsea cables. The future Fleemi...
Methanol Orderbook Grows with Landmark Deals in Japan and China

Methanol Orderbook Grows with Landmark Deals in Japan and China

By The Maritime Executive
October 2, 2023
The orderbook for methanol-fueled or ready containerships continues to grow with both China and Japan reporting landmark orders. The recent batches of smaller vessels join the approximately 150 methan...
Markey Machine Announces Expansion with Acquisition of JonRie InterTech

Markey Machine Announces Expansion with Acquisition of JonRie InterTech

By The Maritime Executive
October 2, 2023
[By: Markey Machine] Markey Machine, a global leader in the marine deck equipment and winch industry, is thrilled to announce its acquisition of JonRie InterTech, further solidifying its position a...

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