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Cerulean Plans $25B Offshore Wind "Power Main" for Oil Platforms

Cerulean Plans $25B Offshore Wind "Power Main" for Oil Platforms

Cerulean Winds, one of the biggest players in offshore wind power for oil platforms, has announced plans to build out a massive $25 billion subsea electrical grid to deliver renewable power as a utili...

American Cruise Lines Celebrates Two Riverboat Christenings

American Cruise Lines Celebrates Two Riverboat Christenings

[By: American Cruise Lines] In a canyon at the Idaho border and alongside a bayou in Louisiana, two nearly identical cruise ships were just christened. American Cruise Lines announced today the chr...

Maritime Executive

Seafarers Happiness Index Declines in Q1 Reversing Gains in 2022

The Mission to Seafarers released the Seafarers Happiness Index report for Q1 2023, which shows a decline in overall happiness levels among seafarers during the first three months of the year, and lev...

Maersk Sells Off Stake in Deep-Sea Mining Company

Maersk Sells Off Stake in Deep-Sea Mining Company

Maersk has decided to sell off its stake in a controversial deep-sea mining enterprise, according to The Wall Street Journal.  Until recently, Maersk held up to nine percent of the share volume of...

Cunard Appoints Katie McAlister as President

Cunard Appoints Katie McAlister as President

[By: Cunard] Cunard has announced the appointment of Katie McAlister as president. Katie will join Southampton-based Cunard, in August after a 20-year career with TUI where she is currently chief m...

SAAM Consolidates Brazilian Tug Market Acquiring Starnav’s 21 Tugs

SAAM Consolidates Brazilian Tug Market Acquiring Starnav’s 21 Tugs

Consolidation is continuing in the towage and tug segments of the industry. SAAM, which is already the leading provider of towage services in the Americas concluded the purchase of the tug operations...

Chinese Shipbuilder Receives Largest Single Tanker Order from Dynacom

Chinese Shipbuilder Receives Largest Single Tanker Order from Dynacom

The recovery in the oil and energy markets is contributing to a sudden rush for new tanker construction orders. The segment had been deferring replacement tonnage during the prolonged downturn and now...

NATO Confirms Risk of Russian Attack on Subsea Infrastructure

NATO Confirms Risk of Russian Attack on Subsea Infrastructure

A senior NATO official has confirmed reports that Russia is using research vessels and covert "spy ship" trawlers to survey subsea cables and pipelines in Western Europe, potentially as a prelude to a...

Maersk Beats Q1 Forecasts but Warns Trade Will Continue Weak in 2023

Maersk Beats Q1 Forecasts but Warns Trade Will Continue Weak in 2023

Seen as an indicator of both the outlook for the shipping industry and the global economy, A.P. Moller – Maersk reported first quarter results today that reflected the expected dramatic downturn as vo...

Shipping is Under Pressure to Stop Use of HFO - But It's Not Simple

Shipping is Under Pressure to Stop Use of HFO - But It's Not Simple

Interview with Don Maier, Associate Professor of Business, University of Tennessee Most of the clothing and gadgets you buy in stores today were once in shipping containers, sailing across the ocea...