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Meyer Shipyard Invests in Future as it Prepares for Jubilee Delivery

By The Maritime Executive

November 1, 2023

Germany’s Meyer Group, which operates the Papenburg and Neptune shipyards in Germany and the yard in Turku, Finland, continues to look toward new opportunities as it prepares to deliver more cr...

EU Partners Plan Urgent Aid Shipments to Gaza's Seaport

By The Maritime Executive

November 1, 2023

Multiple Western governments are making plans to ship humanitarian aid directly to Gaza in order to circumvent slowdowns at the territory's sole border crossing, the Rafah station on the Egyptian bord...

Hyundai Glovis’s Board Approves Plan to Build World’s Largest Car Carriers

By The Maritime Executive

November 1, 2023

Hyundai Glovis, one of the largest operators of vehicle transports, is moving forward with plans to build the world’s largest car carriers each with a capacity of 10,800 vehicles. The company rep...

Russia "Dropping Explosives" in Black Sea Shipping Lanes

By The Maritime Executive

November 1, 2023

On Wednesday, the Ukrainian military confirmed that Russia is air-dropping explosive munitions into the sea lanes linking the Odesa region with the open sea. "Occupants continue to terrorize civil...

Wärtsilä Halves Methane Emissions from Popular Dual-Fuel LNG Engine

By The Maritime Executive

November 1, 2023

Wärtsilä is reporting a breakthrough in enhancing the performance of its popular dual-fuel engine that dramatically improves efficiency while reducing already low emissions and nearly eliminating meth...

Marco Polo Ferry is Refloated and Will be Brought to Swedish Port Tomorrow

By The Maritime Executive

November 1, 2023

The grounded ferry Marco Polo (15,955 gross tons) was successfully refloated today with only minimal additional environmental impact. The salvage operation is expected to be completed on Thursday...

ITIC Warns Ship Managers of the Dangers of Management Mistakes

By The Maritime Executive

November 1, 2023

[By: ITIC] International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable...

Second of Sanmar’s Ground-Breaking Electric Tugs Arrives in Vancouver

By The Maritime Executive

November 1, 2023

[By: Sanmar Shipyards] A second electric-powered ground-breaking emissions-free tugboat, built by Sanmar Shipyards in Türkiye, has arrived in Vancouver harbour on Canada’s Pacific coast. HAISEA WEE...

Ørsted Doubles Write-Off as it Cancels NJ Project and Reviews US Wind Plans

By The Maritime Executive

November 1, 2023

Ørsted expects to more than double its anticipated financial impairment charges in 2023 as the company announced it is canceling two major U.S. offshore wind projects and while proceeding with on...

Treading Water

By Tom Peters

November 1, 2023

Predicting the movement of marine container trade in the coming months is anyone’s guess. The CBRE Group, a U.S. commercial real estate and investment firm, reported that in the first quarter of th...

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