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Generational Leadership Changes at Fleet Management and LR OneOcean

Generational Leadership Changes at Fleet Management and LR OneOcean

By The Maritime Executive
February 22, 2024
  Two well-known names in maritime are entering a new phase with the selection and appointment of new top leadership.  Fleet Management Limited, the world’s largest third-party ship management c...
EPS Joins Growing Number of Shipping Companies Looking to the Wind 

EPS Joins Growing Number of Shipping Companies Looking to the Wind 

By The Maritime Executive
February 22, 2024
  Wind-assists propulsion is quickly gaining momentum in the shipping industry with an increasing number of majors moving to test the competing technologies. In another sign of acceptance of the po...
Chemship Blazes the Trail with Wind Propelled Chemical Tanker

Chemship Blazes the Trail with Wind Propelled Chemical Tanker

By The Maritime Executive
February 22, 2024
[By:Chemship] Chemship today commissioned its first ship with wind assisted ship propulsion. This makes the MT Chemical Challenger the first chemical tanker in the world to be equipped with sustain...
Dominion Energy Sells Half Virginia Offshore Wind Farm for $3B to Stonepeak

Dominion Energy Sells Half Virginia Offshore Wind Farm for $3B to Stonepeak

By The Maritime Executive
February 22, 2024
  Dominion Energy has agreed to sell half of its planned Coastal Virginia Offshore Wind project in a move the company reports is designed to reduce its risk profile as the giant wind farm moves int...
Cargo Ship Reports Fire and One Injury After Missile Strike

Cargo Ship Reports Fire and One Injury After Missile Strike

By The Maritime Executive
February 22, 2024
  A small general cargo ship sailing in the Gulf of Aden was hit by one or possibly two missiles and sustained some damage as the Houthis have vowed to escalate their attacks against shipping assoc...
Chinese Cargo Ship Hits Bridge Collapsing Roadway and Killing Five People

Chinese Cargo Ship Hits Bridge Collapsing Roadway and Killing Five People

By The Maritime Executive
February 22, 2024
Chinese authorities are reporting that a small cargo ship traveling on the Hingqili near the industrial southern city of Guangzhou hit a bridge crossing the waterway causing a section of the roadway...
U.S. Condemns Houthis' "Piracy" and "Terrorism" in the Red Sea

U.S. Condemns Houthis' "Piracy" and "Terrorism" in the Red Sea

By The Maritime Executive
February 21, 2024
  On Wednesday, the Biden administration condemned Yemen's Houthi rebels in strong terms for continuing to attack merchant shipping in the Red Sea. Houthi missiles and suicide drones have made the...
U.S. Navy Missile-Defense Tech Accused of Espionage

U.S. Navy Missile-Defense Tech Accused of Espionage

By The Maritime Executive
February 21, 2024
A chief petty officer assigned to a Japan-based destroyer has been accused of passing secret information to a "foreign contact," according to charging documents first obtained by USNI News.  Chief...
Chinese Receive ABS AiP for Large WTIV with Dual-Fuel Methanol Power

Chinese Receive ABS AiP for Large WTIV with Dual-Fuel Methanol Power

By The Maritime Executive
February 21, 2024
  A new generation of larger and more capable wind turbine installation vessels is planned to meet the challenges as the industry expands. China’s Yantai CIMC Raffles Offshore has been awarded appr...
NYK Orders First Domestically-Built CTV Anticipating Offshore Wind Demand

NYK Orders First Domestically-Built CTV Anticipating Offshore Wind Demand

By The Maritime Executive
February 21, 2024
  The Japanese shipping industry looks to realize opportunities as the country moves forward with offshore wind energy as one of the government’s pillars of its future energy initiatives. NYK, one...

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