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War and Piracy Risks Add to Continuing Decline in Seafarer Happiness

War and Piracy Risks Add to Continuing Decline in Seafarer Happiness

By The Maritime Executive
January 30, 2024
  Fears over escalating piracy and war risk threats are contributing to a continuing decline in seafarer happiness according to the most recent update of a quarterly welfare study. The welfare orga...
CBP Lets Foreign-Flag Ships Move U.S. Natural Gas to Puerto Rico

CBP Lets Foreign-Flag Ships Move U.S. Natural Gas to Puerto Rico

By The Maritime Executive
January 30, 2024
  U.S. Customs and Border Protection will allow foreign-flag LNG carriers to move U.S. gas to U.S. markets, without violating the Jones Act, according to New York-based New Fortress Energy. The com...
Hapag-Lloyd Swings to Q4 Loss as it Previews Sharply Lower 2023 Results

Hapag-Lloyd Swings to Q4 Loss as it Previews Sharply Lower 2023 Results

By The Maritime Executive
January 30, 2024
  Hapag-Lloyd swung to an operating loss during the fourth quarter of 2023 with the world’s fifth-largest carrier attributing strong financial result declines to “lower freight rates resulting from...
North Atlantic Right Whale Found Dead on Martha's Vineyard

North Atlantic Right Whale Found Dead on Martha's Vineyard

By The Maritime Executive
January 30, 2024
A North Atlantic right whale was found deceased on the northeastern shores of Martha's Vineyard last weekend, according to the National Oceanic and Atmospheric Administration (NOAA). The population is...
Two Cruise Ship Rescues After Happening Upon People Adrift in Small Boats

Two Cruise Ship Rescues After Happening Upon People Adrift in Small Boats

By The Maritime Executive
January 30, 2024
  Two groups of people are thankful for miraculous rescues that happened purely by chance over the past few days by passing cruise ships. In both cases, it was simply luck that the cruise ships s...
Liner Schedule Reliability Plummets as Red Sea Diversions Grow

Liner Schedule Reliability Plummets as Red Sea Diversions Grow

By The Maritime Executive
January 30, 2024
  The security problems in the Red Sea which forced container lines to start diversions in mid-December are taking a toll on schedule reliability. Schedule reliability had its largest decline in ne...
Korean Ministry Thinks $10 Trillion Asset Manager Can't Afford Wind Farms

Korean Ministry Thinks $10 Trillion Asset Manager Can't Afford Wind Farms

By The Maritime Executive
January 30, 2024
South Korea's energy regulator has determined that a subsidiary of BlackRock - the world's largest asset manager - has not demonstrated financial capacity to build a two-gigawatt offshore wind complex...
Maritime Charity New Cross-Sector Steering Group to Tackle Modern Slavery

Maritime Charity New Cross-Sector Steering Group to Tackle Modern Slavery

By The Maritime Executive
January 30, 2024
[By: Stella Maris] Stella Maris, a leading maritime charity, is taking proactive measures in the fight against modern slavery with the establishment of a dedicated Steering Group. The group comp...
CMA Shipping 2024 Unveils Dynamic Agenda and Stellar Speaker Lineup

CMA Shipping 2024 Unveils Dynamic Agenda and Stellar Speaker Lineup

By The Maritime Executive
January 30, 2024
[By: CMA Shipping] C-Suite leaders of ABS, Panama Canal Authority, BIMCO, INTERCARGO, IACS, V, DNV, Stena Bulk, Happag-Lloyd, IBIA, International Seaways and many more have been announced for the c...
Blue Ctrl Selected for Nexans' New Cable Layers at Ulstein Verft

Blue Ctrl Selected for Nexans' New Cable Layers at Ulstein Verft

By The Maritime Executive
January 30, 2024
[By: Blue Ctrl] Blue Ctrl AS in Ålesund has recently secured a contract to supply an Automation and Power Management System to Ulstein Verft for their upcoming vessel, New Build 317, commissioned b...

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