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ESVAGT and Ørsted Order Second Methanol Dual-Fuel SOV

ESVAGT and Ørsted Order Second Methanol Dual-Fuel SOV

Ørsted and ESVAGT announced plans to build a second methanol-powered service operation vessel (SOV), which will join what the companies believe will be the world’s first green fuels vessel for offshor...

PSA Plans Investment in Germany’s New Duisburg Inland Port

PSA Plans Investment in Germany’s New Duisburg Inland Port

Singapore’s PSA International, already a major global port operator, looks to expand its position in Europe with the acquisition of a stake in Germany’s inland Duisburg Gateway Terminal. PSA follows C...

In Investment Push, Turkey to Sell Operating Lease for Port of Izmir

In Investment Push, Turkey to Sell Operating Lease for Port of Izmir

Amidst looming economic troubles, the government of Turkey is reportedly in talks to sell operating rights to Izmir's Alsancak port complex to a government in the Persian Gulf, according to Bloomberg....

Ponant Presents Designs for Sail and Fuel Cell Powered Cruise Ship

Ponant Presents Designs for Sail and Fuel Cell Powered Cruise Ship

French cruise company Ponant presented two design concepts for a next-generation cruise ship that aims to reduce emissions and evolve toward carbon neutrality. The company reports that it is in discus...

Simplify Your Maritime Accounting with the New BASSnet Financials 3.2

Simplify Your Maritime Accounting with the New BASSnet Financials 3.2

[By: BASS] Following the release of BASSnet Financials 3.0, BASS has now released the newly improved BASSnet Financials 3.2 which adds extensive user-friendly enhancements for greater value. This l...

Ransomware Attack Stops Container Operations at Japan’s Nagoya Port

Ransomware Attack Stops Container Operations at Japan’s Nagoya Port

Container operations are suspended at the Port of Nagoya, the largest port in Japan for the past two decades, as they work to recover from a ransomware attack on their systems. Japanese media is linki...

Havila Sets August Start for Ships After Escaping Russian Sanctions

Havila Sets August Start for Ships After Escaping Russian Sanctions

Havila Kystruten reported that it has signed a terms sheet for the refinancing of the company setting the stage to bring to close more than a year of challenges brought on by the financial sanctions p...

Chinese Vessel Comes Within 100 Yards to Block Philippine Coast Guard

Chinese Vessel Comes Within 100 Yards to Block Philippine Coast Guard

The Philippines is reporting a new encounter between vessels from its Coast Guard and the Chinese last Friday, June 30, in the disputed region of the South China Sea which the Philippines calls the We...

CMA CGM Absorbs Shortsea Unit Containerships Into its Own Brand

CMA CGM Absorbs Shortsea Unit Containerships Into its Own Brand

Number-three ocean carrier CMA CGM has retired the Containerships name, ending a nearly 60-year run for the Finnish brand of intra-European shortsea container freight.  "By incorporating this unifi...

Maritime Executive

Shots Fired as Iranian Navy Approaches Crude Oil Tanker Near Oman

Iran approached two commercial tankers underway in the area around the Strait of Hormuz and fired at one of the vessels in an attempt to stop a laden crude oil tanker according to U.S. Naval Forces Ce...