Search Results for "how to buy ships"

Senators Call on Panama to De-Flag Sanction-Busting Tankers for Iranian Oil

By The Maritime Executive

January 15, 2024

A group of U.S. senators sent a letter last week to the Panama Maritime Authority calling for investigations and de-flagging of tankers that are violating U.S. sanctions on the Iranian oil trade....

Frontline Sells Off its Last "Non-Eco" VLCCs

By The Maritime Executive

January 15, 2024

Frontline, one of the world's largest tanker operators, has agreed to sell five "non-eco" VLCCs to an undisclosed buyer for an appreciable sum, leaving it with an all-"eco" fleet. In general, "eco...

IMB Reports Concerning Rise in Piracy and Dangers to Crews in 2023

By The Maritime Executive

January 15, 2024

There was a slight increase in the number of piracy incidents in 2023 versus 2022 according to the International Chamber of Commerce’s International Maritime Bureau’s Piracy Reporting Center, but...

Fatal Accident Causes Hanwha Ocean to Suspend Production

By The Maritime Executive

January 15, 2024

South Korea’s third-largest shipbuilder, Hanwha Ocean, reports work was suspended at its shipyard facility in Okpo after a fatal accident. An investigation is underway with the yard expected to r...

APMT to Spend $500M on New Container Terminal on Mississippi River

By The Maritime Executive

January 15, 2024

Plaquemines Port has completed a long-awaited letter of intent with APM Terminals to build a modern container terminal in Plaquemines Parish, Louisiana, at a location about 50 miles upriver from the m...

Engineer on Bulker Detained in Smuggling Case in India Jumps into Ocean

By The Maritime Executive

January 15, 2024

The third engineer working aboard a Vietnamese-owned bulker detained in India for the past 45 days jumped overboard Sunday in a possible suicide attempt. Indian media reports are that the 21 crew...

U.S. Navy Recovers Downed Helicopter From San Diego Bay

By The Maritime Executive

January 15, 2024

The U.S. Navy's salvors have recovered the wreck of a helicopter that went down in San Diego Bay last week. At about 1840 hours Thursday night, a Navy MH-60R Sea Hawk helicopter went down just off...

U.S. Navy Plans Deep Review of Shipbuilding Delays

By The Maritime Executive

January 15, 2024

Following news that a next-generation frigate will be delayed, the U.S. Navy has announced a top-level review of its shipbuilding programs. Workforce challenges have plagued many American manufacturer...

QatarEnergy Joins Growing List of Ships Heeding Advice to Avoid Red Sea

By The Maritime Executive

January 15, 2024

The global shipping industry is broadly following the warnings from the Combined Military Force, trade groups, and security consultants, all of which are advising ships to avoid the Red Sea. Init...

US-Owned Bulker Hit by Houthi Missile, Raising Fears of Escalation

By The Maritime Executive

January 15, 2024

A U.S.-owned bulk carrier with hit by a missile fired from Yemen while sailing in the Gulf of Aden on Monday. While not letting up in their attacks against commercial shipping, there are also con...

Search Again