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Ukraine Threatens to Strike Russia-Bound Black Sea Shipping

Ukraine Threatens to Strike Russia-Bound Black Sea Shipping

By The Maritime Executive
July 20, 2023
After Russia's threat to treat all Ukraine-bound ships as possible carriers of military cargo, the government of Ukraine has responded by declaring that the Black Sea is a "danger zone" for ships head...
Vattenfall Stops UK Offshore Wind Project Citing Costs and Lower Profits

Vattenfall Stops UK Offshore Wind Project Citing Costs and Lower Profits

By The Maritime Executive
July 20, 2023
Vattenfall has become the latest developer of wind farms to report that rising costs are undermining the economics of offshore projects. The Swedish energy company announced that it has decided to she...
American Seafoods Settles Jones Act Enforcement Case for $9.5 Million

American Seafoods Settles Jones Act Enforcement Case for $9.5 Million

By The Maritime Executive
July 20, 2023
Two logistics firms affiliated with American Seafoods have reached a $9.5 million settlement with the U.S. Department of Homeland Security, closing out two years of litigation tied to the "Bayside Can...
Video: Containership Evacuated After Listing and Losing Boxes

Video: Containership Evacuated After Listing and Losing Boxes

By The Maritime Executive
July 20, 2023
A smaller container ship anchored off Taiwan’s Kaohsiung port is listed and was evacuated today. The port authority temporarily closed the port as salvage teams were working to stabilize the vessel an...
Canadian Port Strike Withdrawn as Prime Minister Gets Involved

Canadian Port Strike Withdrawn as Prime Minister Gets Involved

By The Maritime Executive
July 20, 2023
Plans to resume the dockworkers' strike at Canada’s West Coast ports on Saturday, July 22, were withdrawn by the International Longshore & Warehouse Union after Canadian Prime Minister Justin Trudeau...
Why the New Package of Sanctions on Russia is a Game-Changer for Europe

Why the New Package of Sanctions on Russia is a Game-Changer for Europe

By Ami Daniel
July 20, 2023
On June 25, in the wake of the Russian oil price cap and the failed Wagner Group revolt, the EU announced its new “11th sanctions package." As the war rages on, it is clear that the EU has decided to...
Korean Banks Start Bidding Process to Privatize HMM

Korean Banks Start Bidding Process to Privatize HMM

By The Maritime Executive
July 20, 2023
The bidding process for the privatization of HMM launched today in South Korea with the government-run banks saying that they hope the carrier will be sold to one of South Korea’s conglomerates which...
Stream Marine Careers Train Seafarers with Launch of 2 Cadetship Programs

Stream Marine Careers Train Seafarers with Launch of 2 Cadetship Programs

By The Maritime Executive
July 20, 2023
[By: Stream Marine Careers] Leading Officer Cadet training management company Stream Marine Careers (SMC) continues to demonstrate its commitment to introducing fresh new talent into the maritime i...
WSJ: Texas Lightering Firms Too Scared of Iran to Touch Seized Cargo

WSJ: Texas Lightering Firms Too Scared of Iran to Touch Seized Cargo

By The Maritime Executive
July 20, 2023
In April, the U.S. government seized the tanker Suez Rajan after it was caught transferring sanctioned Iranian oil off Singapore. The ship and its cargo were dispatched on a 13,000-nautical-mile voyag...
Russia's Shipbuilders Struggle to Meet Timeline for Fishing Fleet

Russia's Shipbuilders Struggle to Meet Timeline for Fishing Fleet

By The Maritime Executive
July 19, 2023
Since 2017, Russian regulators have pushed fishing operators to invest in new Russian-built tonnage by linking catch quotas to shipbuilding orders, hoping to spur business for Russian shipyards and mo...

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