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Macquarie Sells Ceres Terminals to Owner of SSA Marine

Macquarie Sells Ceres Terminals to Owner of SSA Marine

By The Maritime Executive
June 26, 2023
The consolidation of terminal operators continues with news that Australia’s asset management firm Macquarie Asset Management has reached terms for the sale of Ceres Terminals, an operator of 18 locat...
Braemar's Stock Plunges 20 Percent Over Inquiry Into Past Finances

Braemar's Stock Plunges 20 Percent Over Inquiry Into Past Finances

By The Maritime Executive
June 26, 2023
Top-tier shipbroker Braemar finds itself in an unusual position: FY2023 may have been the most profitable year in its history, but just ahead of its annual report filing, its board has launched an acc...
Carnival Beats Projections as Cruise Recovery Reaches Inflection Point

Carnival Beats Projections as Cruise Recovery Reaches Inflection Point

By The Maritime Executive
June 26, 2023
Carnival Corporation reported second quarter results exceeding its prior guidance and marking what management is calling an “inflection point” for the industry as they pass the peaks of 2019 before th...
Maritime Executive

Wind, Slow Steaming, and Fuels Could Half Ships' GHG Emissions by 2030

By The Maritime Executive
June 26, 2023
Shipping has the technical potential with the tools available today to cut its greenhouse gas emissions anywhere between a quarter to a half by 2030 according to a new independent report conducted by...
Seaspan Joins the Rush to Sign Up for Starlink

Seaspan Joins the Rush to Sign Up for Starlink

By The Maritime Executive
June 26, 2023
Container ship owner Seaspan has joined the rush and reached an agreement with SpaceX to deploy Starlink internet connectivity across its fleet. The company tested out Starlink's internet service i...
Panama Canal Delays Draft Restrictions but Lowers Number of Transits

Panama Canal Delays Draft Restrictions but Lowers Number of Transits

By The Maritime Executive
June 26, 2023
The Panama Canal Authority delayed the planned further draft restrictions for vessels making the transit that had been due to go into effect yesterday, June 25. They publicly cited expected rainfall w...
VIKAND and SeaTec Collaborate to Help the Cruise Industry

VIKAND and SeaTec Collaborate to Help the Cruise Industry

By The Maritime Executive
June 26, 2023
[By: VIKAND] Global healthcare specialist VIKAND is partnering with SeaTec, the independent maritime technical service provider, to support ship operators in their pursuit to reduce fuel emissions...
Faulty Data and Reliance on ECS Result in Cargo Ship’s Grounding

Faulty Data and Reliance on ECS Result in Cargo Ship’s Grounding

By The Maritime Executive
June 26, 2023
The Australian Transport Safety Bureau issued a report on a 2021 grounding that it is another example of crews being too dependent on their electronic navigation tools and failing to properly review t...
Carbon Capture Project by Wah Kwong & Qiyao Environ Tec Receives AiP

Carbon Capture Project by Wah Kwong & Qiyao Environ Tec Receives AiP

By The Maritime Executive
June 26, 2023
[By: Bureau Veritas] Bureau Veritas (BV), a world leader in testing, inspection and certification, has delivered an Approval in Principle (AiP) to Wah Kwong Maritime Transport Holdings, a Hong Kong...
Maersk Orders Six More Methanol-Fueled Ships in Commitment to Net-Zero

Maersk Orders Six More Methanol-Fueled Ships in Commitment to Net-Zero

By The Maritime Executive
June 26, 2023
Maersk is continuing with its commitment to the principle of only ordering newbuild vessels that can sail on green fuel consistent with its commitments to be net-zero by 2040. The company led the cont...

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