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French Frigate Seizes 2.4 Tonnes of Cocaine off West Africa

By The Maritime Executive

September 27, 2023

In the latest sign of the expanded European effort to interdict drug shipments at sea, a French frigate has seized a large shipment of cocaine from a stateless trawler at a position off the coast of W...

Northern Drilling Loses Arbitration Case Over Canceled DSME Drillships

By The Maritime Executive

September 27, 2023

Norwegian company Northern Drilling is looking at an uncertain future after losing a legal battle with DSME (now Hanwha Ocean) over the cancellation of contracts for two ultra-deep water drilling ship...

GTMaritime Reaches 15,000-Vessel Milestone

By The Maritime Executive

September 27, 2023

[By: GTMaritime] Leading provider of secure maritime data communications software, GTMaritime, has reached 15,000 installations amid accelerating growth in demand for secure and reliable maritime s...

Australia Funds New Hydrogen Hub Project at Port Bonython

By The Maritime Executive

September 27, 2023

The government of Australia and the state of South Australia have finalized a grant of US$64 million to fund the development of a hydrogen hub at Port Bonython, South Australia. This hub could beco...

Vietnam Protests China's AIS Ground Stations in the Paracel Islands

By The Maritime Executive

September 27, 2023

Vietnam is protesting the installation of two automatic ship identification stations by China in the disputed Paracel Islands. The two stations, launched two weeks ago, use China’s BeiDou satellite sy...

Svitzer Fleet Expands Along Brazilian Coast

By The Maritime Executive

September 27, 2023

[By: Svitzer] Svitzer, a leading global towage provider and part of A.P. Moller - Maersk, has announced the continued expansion of its fleet in Brazil, as part of the ongoing growth of its operatio...

Top 5 Benefits of ZF Marine’s Industry-Leading Thrusters

By ZF Marine

September 27, 2023

In 2007, ZF Marine blazed new trails when it developed the first-ever azimuth thrusters for inland waterways. Southern Towing Co, now the Southern Devall Group, adopted these innovative products, whic...

The Repercussions of the Ukraine Conflict for Shipping and Insurance

By Anastasios Maraslis

September 27, 2023

The prolonged war between Ukraine and Russia has impacted the shipping industry with substantial disruptions in maritime trade routes, leading to an alteration in shipping patterns and fluctuations in...

Russia Increases State Subsidies for its Struggling Shipyards

By The Maritime Executive

September 26, 2023

In the 2024 financial year, Russia is reportedly planning to ramp up subsidies to the Russian shipbuilders by over $68 million, providing additional support for an industry which has been hit hard by...

Video: Irish Army Boards Drug-Smuggling Bulker in Rough Seas

By The Maritime Executive

September 26, 2023

After a difficult underway boarding at sea, authorities in Ireland have detained a 50,000 dwt bulker that is believed to be laden with “a significant quantity” of drugs. Based on the results of an...

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