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Search Results for "how to buy ships"

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Fairbanks Morse Defense Acquires Samtan Engineering Corporation

Fairbanks Morse Defense Acquires Samtan Engineering Corporation

By The Maritime Executive
January 8, 2024
[By: Fairbanks Morse Defense] Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired single-source metalworking supplier Samtan Engineering Corporation ba...
Panama Ship Registry Grows in 2023 Maintaining 16 Percent Market Share

Panama Ship Registry Grows in 2023 Maintaining 16 Percent Market Share

By The Maritime Executive
January 8, 2024
The Panama Ship Registry experienced continued growth in 2023 maintaining its leadership position in the industry as it continues to also modernize the registry. Panama and Liberia remain rivals for t...
Surging Chinese Car Exports Drive Up PCTC Rates

Surging Chinese Car Exports Drive Up PCTC Rates

By The Maritime Executive
January 8, 2024
Chinese-made electric cars are flooding the European market, pushing the limits of maritime transport capacity and driving up rates for PCTCs, according to the FT.  American automaker Tesla has bee...
Electric Passenger Ferries to Transform Public Transportation with Torqeedo

Electric Passenger Ferries to Transform Public Transportation with Torqeedo

By The Maritime Executive
January 8, 2024
[By: Torqeedo] The Delta del Paraná in Argentina is the only river delta on earth that empties into another river, creating an 8,400 square-mile wetlands paradise just one hour from Buenos Aires. F...
Egypt Agrees with AD Ports to Develop Cruise and Cargo at Red Sea Ports

Egypt Agrees with AD Ports to Develop Cruise and Cargo at Red Sea Ports

By The Maritime Executive
January 8, 2024
  The government of Egypt is continuing its efforts to develop Safaga on the Red Sea into a major international port by entering into two agreements with the UAE’s AD Ports Group. Ill-timed because...
American Maritime Partnership Elects Jennifer Carpenter as New President

American Maritime Partnership Elects Jennifer Carpenter as New President

By The Maritime Executive
January 8, 2024
The American Maritime Partnership (AMP) has elected longtime maritime advocate Jennifer Carpenter as its next president. She will be the first woman to lead the organization. "AMP plays a pivotal r...
Hanwha Ocean Denies Reports it is Reducing Ops and Ending Boxship Orders

Hanwha Ocean Denies Reports it is Reducing Ops and Ending Boxship Orders

By The Maritime Executive
January 8, 2024
  South Korea’s third largest shipbuilder, Hanwha Ocean, was quick to deny reports in the media that the company plans to reduce shipbuilding activities to focus only on higher-value orders. This c...
Maritime Executive

Maersk Tankers Consolidates Market Buying Pool Operator Penfield Marine

By The Maritime Executive
January 8, 2024
  Maersk Tankers reports it closed last week on the acquisition of U.S.-based Penfield Marine, a boutique commercial tanker management company as a further step in the consolidation of the tanker m...
Two Crew Killed, Third Burnt in Fire Aboard Containership Docked in Houston

Two Crew Killed, Third Burnt in Fire Aboard Containership Docked in Houston

By The Maritime Executive
January 8, 2024
  A fire aboard the Panama-flagged containership docked in the Port of Houston killed two crewmembers and left a third in critical condition with burns. The local fire departments and U.S. Coast Gu...
European Offshore Wind Market Scheduled for Rebound in 2024

European Offshore Wind Market Scheduled for Rebound in 2024

By The Maritime Executive
January 7, 2024
According to an analysis by S&P Global Commodity Insights, European nations will undertake about 50 GW of new offshore wind auctions in 2024, taking significant steps forward towards a goal of 300 GW...

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