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Sanctions Haven't Dented Russian Oil Profits, But Green Transition Will

Sanctions Haven't Dented Russian Oil Profits, But Green Transition Will

By The Conversation
October 22, 2023
[By Carol Nakhle] Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The...
Ro/Pax Ferry Goes Aground and Spills Fuel off Sweden

Ro/Pax Ferry Goes Aground and Spills Fuel off Sweden

By The Maritime Executive
October 22, 2023
The ro/pax ferry Marco Polo has gone aground off the coast of Hörvik, Sweden and is leaking fuel, according to local media.  At about 0625 hours on Sunday, the TT Line ferry was under way in the Ba...
ClassNK Issues Approval in Principle for Hydrogen-Fueled Vessel

ClassNK Issues Approval in Principle for Hydrogen-Fueled Vessel

By The Maritime Executive
October 22, 2023
[By: ClassNK]  ClassNK has issued an Approval in Principle (AiP) for a parcel layout concept for a hydrogen-fueled multi-purpose vessel developed by Mitsui O.S.K. Lines, Ltd. (MOL), MOL Drybulk Ltd...
China Coast Guard Cutter Hits Philippine Supply Boat in S. China Sea

China Coast Guard Cutter Hits Philippine Supply Boat in S. China Sea

By The Maritime Executive
October 22, 2023
Early Sunday morning, the Philippine Coast Guard was escorting a resupply run to the military outpost on Second Thomas Shoal when a China Coast Guard cutter collided with a Philippine supply boat in t...
Maritime Executive

Ahead of China Trade Talks, Australia Closes Review of Key Port Lease

By The Maritime Executive
October 22, 2023
The Australian government has said it will not cancel the controversial 99-year lease of Darwin Port to a Chinese operator. The announcement came after the government finalized a review into the circu...
Transformational Technologies Lead ABS Japan National Committee Meeting

Transformational Technologies Lead ABS Japan National Committee Meeting

By The Maritime Executive
October 22, 2023
[By: ABS] Maritime industry leaders came together at the annual ABS Japan National Committee Meeting to discuss the latest developments in technology, sustainability, regulations and market trends...
China Hires Thousands of People to Solve a Seaweed Problem

China Hires Thousands of People to Solve a Seaweed Problem

By Dialogue Earth
October 22, 2023
[By Niu Yuhan] “This year’s seaweed control work is officially complete!” In 2023, the smallest amount of seaweed washed up on Qingdao’s beaches since records began in 2007, the local authoritie...
Isle of Man Ship Registry Appoints Middle East Representative

Isle of Man Ship Registry Appoints Middle East Representative

By The Maritime Executive
October 22, 2023
[By: Isle of Man Ship Registry] The Isle of Man Ship Registry (IOMSR) is looking to further grow its presence in the Middle East with the appointment of a representative for the region. Captain Rak...
World's Most Famous Warship Was Turning Into "Potting Compost"

World's Most Famous Warship Was Turning Into "Potting Compost"

By Royal Navy News
October 22, 2023
The world’s most famous warship was in far worse condition than experts believed when they started a $55 million revamp, with her timbers reduced to ‘potting compost’. On the eve of the anniversary...
X1 Wind Reports Successful PivotBuoy Project Results Boosting Interest

X1 Wind Reports Successful PivotBuoy Project Results Boosting Interest

By The Maritime Executive
October 21, 2023
[By: X1 Wind] The PivotBuoy project, developed by X1 Wind in collaboration with 9 industry and R&D leaders, finalized its offshore demonstration with excellent results that promise to revolutionize...

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