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Maritime Executive

Pending Supreme Court Decision Could Deeply Affect Marine Insurance

By Kevin G. Gallagher
October 23, 2023
In the world of marine insurance, reliability and predictability are a top priority. Marine insurers must safeguard their own financial stability, while protecting against unique maritime risks for th...
Container Lessor Textainer to be Acquired by Stonepeak in $7.4B Deal

Container Lessor Textainer to be Acquired by Stonepeak in $7.4B Deal

By The Maritime Executive
October 23, 2023
Alternative investment firm Stonepeak plans to further expand its investments in shipping-related businesses, announcing a deal to acquire Textainer Group in a deal valuing one of the largest containe...
Maritime Executive

Ethiopia's Sea Access Ambitions Leave Neighbors Uneasy

By Brian Gicheru Kinyua
October 22, 2023
The Horn of Africa is synonymous with land conflicts, but a recent lecture by Ethiopia’s Prime Minister Abiy Ahmed could shift focus to the control of the Red Sea. In July, rumors started spreading...
DP World Bags 30-Year Port Concession in Dar es Salaam

DP World Bags 30-Year Port Concession in Dar es Salaam

By Brian Gicheru Kinyua
October 22, 2023
On Sunday, DP World closed yet another major deal along the East African coastline, bagging a 30-year concession at the strategic port of Dar es Salaam in Tanzania. DP World will run four of the 12 be...
Huisman Launches Wind Detection System for Safer Wind Turbine Installation

Huisman Launches Wind Detection System for Safer Wind Turbine Installation

By The Maritime Executive
October 22, 2023
[By: Huisman] Huisman has announced the launch of a newly developed system that empowers crane operators with the ability to anticipate and react to approaching wind speeds, gusts, and direction du...
HPC to Optimize Rail Terminal of ALG Company in Kazakhstan

HPC to Optimize Rail Terminal of ALG Company in Kazakhstan

By The Maritime Executive
October 22, 2023
[By: Hamburg Port Consulting] ALG Company (ALG), headquartered in Almaty, Kazakhstan, has taken a bold step towards optimizing their rail terminal capacity to meet the growing demands of the evolvi...
St. Lawrence Seaway Shuts Down as Operators' Union Goes on Strike

St. Lawrence Seaway Shuts Down as Operators' Union Goes on Strike

By The Maritime Executive
October 22, 2023
A union representing 360 workers on the Canadian side of the St. Lawrence Seaway has gone on strike after failing to reach a contract agreement, temporarily shutting down the Great Lakes' connection t...
After Two Deaths, NZ Investigators Take Stevedoring Firms to Task

After Two Deaths, NZ Investigators Take Stevedoring Firms to Task

By The Maritime Executive
October 22, 2023
New Zealand's Transport Accident Investigation Commission (TAIC) is pushing for tougher policing of the stevedoring industry after two deadly accidents last year exposed safety shortcomings at stevedo...
Maritime Executive

Pentagon Diverts Carrier USS Eisenhower to Protect Troops in Mideast

By The Maritime Executive
October 22, 2023
Earlier this month, the Pentagon dispatched the carrier USS Dwight D. Eisenhower to the Eastern Mediterranean in order to prepare for possible contingencies related to American-backed Israeli operatio...
Survitec Wins Safety4Sea Tech Award for Graphical Monitoring Fire Solution

Survitec Wins Safety4Sea Tech Award for Graphical Monitoring Fire Solution

By The Maritime Executive
October 22, 2023
[By: Survitec] Global Survival Technology solutions provider Survitec has won the SAFETY4SEA Technology Award for the second year running. The 2023 award recognises SMARR-TI (Safety Management and...

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