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Stena Offers to Take Concordia Private Citing Vessel Values and Challenges

Stena Offers to Take Concordia Private Citing Vessel Values and Challenges

By The Maritime Executive
December 12, 2023
  Stena Sessan, the investment arm of the Stena Group, is proposing to acquire the remaining shares of Concordia Maritime in a take-private transaction which is being recommended to shareholders by...
Spain Seizes 11 Tons of Cocaine Hidden With “Voluminous Containers”

Spain Seizes 11 Tons of Cocaine Hidden With “Voluminous Containers”

By The Maritime Executive
December 12, 2023
  Spanish police busted two cocaine smuggling operations yielding one of the largest seizures in Spanish history and dramatically interrupting the flow of cocaine into Europe. They believe that the...
MSC Completes Hamburg Tender as Acquisition of Port Operator HHLA Proceeds

MSC Completes Hamburg Tender as Acquisition of Port Operator HHLA Proceeds

By The Maritime Executive
December 12, 2023
  MSC Mediterranean Shipping Company successfully completed the public tender offer for the operator of the Port of Hamburg clearing a critical hurdle to take the company private and proceed with t...
A Deep Dive Into Ship Management and Decarbonization at Wilhelmsen

A Deep Dive Into Ship Management and Decarbonization at Wilhelmsen

By Wilhelmsen Ship Management
December 12, 2023
  Wilhelmsen's CEO & President, Carl Schou, believes there are great opportunities for ship managers ahead. In a recent interview with Naftemporiki, one of Greece's business news publications, he d...
How Does the Panama Canal Slowdown Affect Shipping Contracts?

How Does the Panama Canal Slowdown Affect Shipping Contracts?

By Hill Dickinson
December 12, 2023
  The climate crisis is having a drastic effect on the shipping industry. In this article, Beth Bradley, Colin Lavelle and Reema Shour of law firm Hill Dickinson discuss the impact of the Panama Ca...
Maritime Executive

Israeli Port Disclosed the Destination of Tanker Hit by Houthi Missile

By The Maritime Executive
December 12, 2023
After Yemen's Houthi rebel faction said that it would attack any ship headed to Israel, a major Israeli seaport kept a full list of all arriving ships on its public website, available for the public t...
World’s First Hydrogen-Powered Tugboat Ready to Begin Operations

World’s First Hydrogen-Powered Tugboat Ready to Begin Operations

By The Maritime Executive
December 12, 2023
  The first hydrogen-powered tugboat is ready for operation in the Antwerp port area. Developed in a partnership between the Port of Antwerp-Bruges and the Savery family’s CMB.TECH, the vessel is r...
Value Carbon Partners with Evos to Build Future Proof Carbon Storage Tank

Value Carbon Partners with Evos to Build Future Proof Carbon Storage Tank

By The Maritime Executive
December 12, 2023
[By: Value Carbon] Value Carbon, a sister company of Value Maritime, and Evos, an independent liquid bulk storage provider, have signed a Letter of Intent (LOI), for building two 2,000 m3 storage t...
Wärtsilä Extends Existing Biogas Plant to Produce 45 Tons of BioLNG Per Day

Wärtsilä Extends Existing Biogas Plant to Produce 45 Tons of BioLNG Per Day

By The Maritime Executive
December 12, 2023
[By: Wärtsilä] Technology group Wärtsilä will supply, install, commission and start-up the biogas upgrading and liquefaction units for a Swedish bioLNG plant. The new plant is an extension of an ex...
MAN Energy Solutions Supplies Propulsion Diesel Engines & Diesel Generators

MAN Energy Solutions Supplies Propulsion Diesel Engines & Diesel Generators

By The Maritime Executive
December 12, 2023
[By: Damen Naval] Damen Naval has contracted MAN Energy Solutions to supply the propulsion diesel engines and the diesel generator sets for the new Anti-Submarine Warfare (ASW) frigates. The order...

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