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More Bulkers Heading to Ukraine Helping to Lower Shipping Costs

More Bulkers Heading to Ukraine Helping to Lower Shipping Costs

By The Maritime Executive
October 2, 2023
Additional vessels from a broader range of shipping companies are beginning to use Ukraine’s humanitarian shipping corridor. While volumes remain only a fraction of the amount of exports during the ye...
Accelleron and METIS to Drive Digital Turbocharger Service Uptake

Accelleron and METIS to Drive Digital Turbocharger Service Uptake

By The Maritime Executive
October 2, 2023
[By: Accelleron] Accelleron has signed a strategic partnership with METIS Cyberspace Technology that will expand the number of marine installations and power generation facilities that can use data...
Japan's Navy Works Alongside U.S. Drone Ships in Trials Off Yokosuka

Japan's Navy Works Alongside U.S. Drone Ships in Trials Off Yokosuka

By The Maritime Executive
October 1, 2023
The U.S. Navy's "Ghost Fleet Overlord" unmanned vessels have attracted attention in exercises off Hawaii and the U.S. West Coast, and last week they were spotted in first-of-a-kind drills with Japan's...
Sri Lanka's Compensation for X-Press Pearl Disaster Rises to $8M

Sri Lanka's Compensation for X-Press Pearl Disaster Rises to $8M

By The Maritime Executive
October 1, 2023
Sri Lanka has confirmed receiving further compensation for pollution from the lost container ship X-Press Pearl, which burned and sunk off Colombo in 2021. Speaking to local media over the weekend, Sr...
EU Carbon Tax Could Have a Significant Impact on Global Trade

EU Carbon Tax Could Have a Significant Impact on Global Trade

By Brian Gicheru Kinyua
October 1, 2023
On Sunday, the EU and the world’s first carbon import tax came into force. Until 2026, it will be in a transitional phase allowing stakeholders to collect useful information to refine the methodology...
Why Did So Many Nations Join Forces to Fight Somali Piracy?

Why Did So Many Nations Join Forces to Fight Somali Piracy?

By The Conversation
October 1, 2023
[By Peter Viggo Jakobsen] In 2011, pirates carried out 212 attacks in a vast area spanning Somali waters, the Indian Ocean, the Red Sea and the Gulf of Aden, actions that the World Bank said cost t...
Biden's Offshore Plan Upsets Oil Industry and Environmentalists Alike

Biden's Offshore Plan Upsets Oil Industry and Environmentalists Alike

By The Maritime Executive
October 1, 2023
The Biden administration plans to reduce the frequency of future offshore oil and gas lease sales to a historic low, drawing the ire of the energy industry without satisfying the objectives of environ...
Report: Lack of a Police Force Leaves Deltaport Vulnerable to Crime

Report: Lack of a Police Force Leaves Deltaport Vulnerable to Crime

By The Maritime Executive
October 1, 2023
The city of Delta, British Columbia has released a new report on deep-seated security problems at Deltaport Roberts Bank Terminal, the largest container facility in Canada. The terminal at Roberts...
Car Carriers Add Methanol GenSets

Car Carriers Add Methanol GenSets

By The Maritime Executive
October 1, 2023
[By: MAN Energy Solutions] China Merchants Heavy Industry (CMHI) has ordered six small-bore, seven-cylinder 21/31DF-M, methanol-burning GenSets in connection with the construction of 2 × 9,300 ceu...
Eksfin Provides €180m Backing Seaway 7 Cable Installation at Wind Park

Eksfin Provides €180m Backing Seaway 7 Cable Installation at Wind Park

By The Maritime Executive
October 1, 2023
[By: Eksfin] State-backed export credit agency Export Finance Norway (Eksfin) provides NOK 2bn (EUR 180m) in loan financing to the Hai Long wind park in the Taiwan Strait on the back of services re...

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