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MARAD Launches 6,500 Mile Expansion of Marine Highway System in Alaska

MARAD Launches 6,500 Mile Expansion of Marine Highway System in Alaska

By The Maritime Executive
August 16, 2023
The U.S. Maritime Administration (MARAD) announced one of the largest additions to its 16-year-old Marine Highway Program (MHP), which seeks to promote the use of waterways to support the growth of co...
DP World Targets 100M TEU Capacity as It Adds 3M More TEUs This Year

DP World Targets 100M TEU Capacity as It Adds 3M More TEUs This Year

By The Maritime Executive
August 16, 2023
Ports operator and logistics giant DP World is in the race to hit 100 million TEUs in total gross capacity across its global footprint. By the end of 2023, they expect to add approximately three milli...
Rotor Sail Demand on the Rise as Vessel Efficiency Needs Hit New Heights

Rotor Sail Demand on the Rise as Vessel Efficiency Needs Hit New Heights

August 16, 2023
Vessel efficiency is once again a major talking point for ship owners and managers following the 80th meeting of the International Maritime Organization’s (IMO’s) Marine Environmental Protection Commi...
Maritime Executive

Washington State Ferries Starts Conversion to Hybrid-Electric Power

By The Maritime Executive
August 16, 2023
Washington State Ferries (WSF), the largest operating public ferry system in the U.S., is following the European model by converting its operation to hybrid-electric power to decarbonize inland waterw...
Romania Terminates Long Delayed Deal to Build Multi-Role Corvettes 

Romania Terminates Long Delayed Deal to Build Multi-Role Corvettes 

By The Maritime Executive
August 16, 2023
Romania canceled a $1.3 billion contract awarded in 2019 to defense giant Naval Group that included building four warships. The government, which has been under pressure to modernize its navy to meet...
Cargotec Leadership Team Change, Pekka Ala-Pietilä to be Chair of the Board

Cargotec Leadership Team Change, Pekka Ala-Pietilä to be Chair of the Board

By The Maritime Executive
August 16, 2023
[By: Cargotec] As part of the planned separation of Kalmar by partial demerger, announced on 27 April 2023, the Cargotec Board of Directors has concluded that it will propose in the forthcoming Car...
Artemis Technologies Reveals New Artemis EF-12 CTV Design

Artemis Technologies Reveals New Artemis EF-12 CTV Design

By The Maritime Executive
August 16, 2023
[By: Artemis Technologies] Artemis Technologies, a pioneering force in cutting-edge, clean maritime solutions, is thrilled to announce the latest evolution of the Artemis EF-12 Crew Transfer Vessel...
Evergreen Invests in Rotterdam and Taiwan Terminals in Growth Strategy

Evergreen Invests in Rotterdam and Taiwan Terminals in Growth Strategy

By The Maritime Executive
August 16, 2023
Taiwan’s Evergreen Marine has become the latest carrier to expand investments in terminal operations as the next phase of overall growth. The company is moving forward with the expansion of its fleet...
Analysts Rate Euronav “Buy” as it Expands VLCC Leadership

Analysts Rate Euronav “Buy” as it Expands VLCC Leadership

By The Maritime Executive
August 16, 2023
Belgium-based tanker operator Euronav is continuing to lead the sector aggressively moving to expand its fleet and is being rewarded by investors. The company, which has been reporting strong financia...
Calls for Biden to Aid Transfer of Iranian Oil Stuck on Tanker off Texas

Calls for Biden to Aid Transfer of Iranian Oil Stuck on Tanker off Texas

By The Maritime Executive
August 16, 2023
Six members of the U.S. Congress sent a letter to President Joe Biden calling on him to intervene to release the Iranian oil stuck aboard a tanker anchored off Houston as part of enforcement of the U....

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