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Data Reveals First Rise in Long-Term Ocean Freight Rates in a Year

Data Reveals First Rise in Long-Term Ocean Freight Rates in a Year

By The Maritime Executive
October 1, 2023
[By: Xeneta] After a full year of seemingly freefalling ocean freight rates, the latest market data from Oslo’s Xeneta suggests the industry may finally have reached a turning point. According to t...
LALIZAS 2nd Maritime Service Providers Summit 2023 in Greece a Success

LALIZAS 2nd Maritime Service Providers Summit 2023 in Greece a Success

By The Maritime Executive
October 1, 2023
[By: LALIZAS] Four months after the first LALIZAS Maritime Service Providers Summit, LALIZAS had the pleasure to welcome once again more service partners from around the world in a two-day event at...
Can You Insure a Coral Reef? With the Right Formula, the Answer is Yes

Can You Insure a Coral Reef? With the Right Formula, the Answer is Yes

By The Maritime Executive
October 1, 2023
[By Emma Bryce] On October 7, 2020, Mélina Soto hunkered down in the Mexican port town of Puerto Morelos as Hurricane Delta struck the coast she calls home at 110 miles per hour. “The sound of the...
Leading the Way: Flag Registries Up Their Game

Leading the Way: Flag Registries Up Their Game

By Allan E. Jordan
October 1, 2023
Shipping is in transition with emerging regulations, the drive for decarbonization and geopolitical issues all increasing the pressure on both ship registries and classification societies. The pandemi...
Fungal Growth Plugged Fuel Filters on WSF Ferry, Causing Grounding

Fungal Growth Plugged Fuel Filters on WSF Ferry, Causing Grounding

By The Maritime Executive
October 1, 2023
The recent grounding of the ferry Walla Walla near Bremerton, Washington was caused by "gross bacterial and fungal growth" in its fuel supply system, leading to severe fuel filter plugging and loss of...
ILWU Files for Bankruptcy to End ICTSI's Work-Slowdown Lawsuit

ILWU Files for Bankruptcy to End ICTSI's Work-Slowdown Lawsuit

By The Maritime Executive
October 1, 2023
After years of legal wrangling over allegedly unlawful labor actions at an ICTSI-operated container terminal in Portland, Oregon, the International Longshore and Warehouse Union (ILWU) has filed for b...
Odfjell Trials Solid Oxide Fuel Cell Aboard Chemical Tanker

Odfjell Trials Solid Oxide Fuel Cell Aboard Chemical Tanker

By The Maritime Executive
October 1, 2023
Chemical tanker operator Odfjell is partnering up with Alma Clean Power and DNV to test out a solid oxide fuel cell system for shipboard power generation. If all goes according to the timetable, one o...
The Surprising Link Between Piracy and COVID-19

The Surprising Link Between Piracy and COVID-19

By The Maritime Executive
October 1, 2023
By Jade Lindley and Dhiyaul Aulia Huda] The Singapore Strait is experiencing a spike in maritime piracy attacks, with the incidence increasing from 12 attacks in 2019 to 38 in 2022, and an upwards...
ABS, Crowley Advance Augmented Reality Technology for Maritime

ABS, Crowley Advance Augmented Reality Technology for Maritime

By The Maritime Executive
September 30, 2023
[By: Crowley] Crowley and ABS, a leading provider in maritime classification and advisory services, have entered an agreement to jointly explore how to advance the use of augmented and virtual real...
Konecranes Upgrades Ropes on One of the Largest Cranes in Germany

Konecranes Upgrades Ropes on One of the Largest Cranes in Germany

By The Maritime Executive
September 30, 2023
[By: Konecranes] In July 2023, GERMAN NAVAL YARDS in the north of Germany had the 600-ton hoisting ropes on their shipbuilding gantry crane – one of the biggest cranes in the country – upgraded by ...

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