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Two Drifting Survivors Rescued After Cargo Ship Sinks Off Vietnam

Two Drifting Survivors Rescued After Cargo Ship Sinks Off Vietnam

By The Maritime Executive
December 18, 2023
The crew of a cargo ship that went down off the coast of Vietnam last weekend had an extraordinary turn of good fortune. All were safely rescued, including two who went missing and spent hours driftin...
Taiwan Rescues Crew and Works to Contain Oil Leak from Grounded Cargo Ship

Taiwan Rescues Crew and Works to Contain Oil Leak from Grounded Cargo Ship

By The Maritime Executive
December 18, 2023
  Taiwan rescued nine crewmembers from a small general cargo ship that was driven up on shore after losing power during a strong storm. While the crewmembers from Myanmar are safely on shore, the T...
Maersk Expands Tangiers Med Terminal as Port's Transshipment Role Grows

Maersk Expands Tangiers Med Terminal as Port's Transshipment Role Grows

By The Maritime Executive
December 18, 2023
  Maersk’s terminal operations company APM Terminals has completed the next step in a multiphase program to dramatically expand the capabilities of the Tangier Med Port. Already recognized as one o...
Cadeler Completes Eneti Acquisition to Make Large Wind Installation Company

Cadeler Completes Eneti Acquisition to Make Large Wind Installation Company

By The Maritime Executive
December 18, 2023
  Shareholders accepted the proposed merger between Cadeler and Eneti which will create the largest owner-operator of wind turbine installation vessels. Settlement of the share exchange is expected...
Nine Nations Join U.S. Maritime Protection Mission in Red Sea

Nine Nations Join U.S. Maritime Protection Mission in Red Sea

By The Maritime Executive
December 18, 2023
The U.S. Secretary of Defense has announced a new coalition of the willing for the protection for maritime commerce in the Red Sea, responding to a month-long campaign of missile and drone attacks by...
NTSB: Corrosion Caused Heavy-Lift Hoist Failure

NTSB: Corrosion Caused Heavy-Lift Hoist Failure

By The Maritime Executive
December 18, 2023
Stay on Top of the Daily Maritime News The maritime news that matters most Get the latest maritime news delivered to...
Korea Selects Pan Ocean’s Parent as Buyer for HMM

Korea Selects Pan Ocean’s Parent as Buyer for HMM

By The Maritime Executive
December 18, 2023
  Korea’s state-owned financial institutions took a key step in the long-running effort to privatize HMM announcing they selected the bid from the parent company of Pan Ocean, the Harim Group, as t...
Grimaldi Buys Majority Stake in Port of Heraklion

Grimaldi Buys Majority Stake in Port of Heraklion

By The Maritime Executive
December 18, 2023
Con/ro and ferry operator Grimaldi has agreed to buy a majority stake in the port of Heraklion, the busiest port on the island of Crete. For a total of about $80 million, a Grimaldi subsidiary acqu...
Offshore Newbuildings Specify Methanol-Ready MAN 175D Engines

Offshore Newbuildings Specify Methanol-Ready MAN 175D Engines

By The Maritime Executive
December 18, 2023
[By: MAN Energy Solutions] Ulstein Verft AS, the Norwegian yard, has ordered 2 × 3 × MAN 12V175D-MEV methanol-ready engines in connection with the building of two CSOV (Commissioning Service Operat...
One Sea Association Concludes 2023 with First Member From China

One Sea Association Concludes 2023 with First Member From China

By The Maritime Executive
December 18, 2023
[By: One Sea] COSCO Shipping Technology has become the latest company to join the international autonomous shipping association, as One Sea continues to expand its geographical footprint following...

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