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Danish Ship Finance Examines a Future With Less Shipping

Danish Ship Finance Examines a Future With Less Shipping

By The Maritime Executive
May 3, 2023
In a new long-term outlook released Wednesday, prominent shipping lender Danish Ship Finance has raised one of the toughest considerations of the green transition: If clean technologies and net-zero t...
Petrobras Makes "Plan B" in Case Amazon Drilling Permit Gets Rejected

Petrobras Makes "Plan B" in Case Amazon Drilling Permit Gets Rejected

By The Maritime Executive
May 3, 2023
Brazilian offshore oil giant Petrobras has made a "plan B" for using the rig it chartered to drill off the mouth of the Amazon, given the permitting headwinds it has encountered with the Brazilian Ins...
Concordia Maritime Cuts Fleet to Three Tankers Selling its Eighth Ship

Concordia Maritime Cuts Fleet to Three Tankers Selling its Eighth Ship

By The Maritime Executive
May 3, 2023
Concordia Maritime, which had once been a leader in product tankers, continues to sell off its fleet as management reports they continue to explore options for new business. The company went public 39...
Maritime Executive

Samsung and MISC Both Highlight Next-Generation Offshore Production

By The Maritime Executive
May 3, 2023
With strong demand continuing for offshore energy production, Samsung Heavy Industries and MISC Berhad used an energy industry trade show earlier this week in Houston, Texas to highlight their designs...
Evacuation Sealift Continues in Port Sudan

Evacuation Sealift Continues in Port Sudan

By The Maritime Executive
May 3, 2023
Evacuation sealift operations continue in Port Sudan, as foreign nationals take advantage of a tenuous ceasefire to make their way to one of the last jumping-off points for transit out of the country....
Dispatches From The Outlaw Ocean Ep. 3: Dreamers of a Floating World

Dispatches From The Outlaw Ocean Ep. 3: Dreamers of a Floating World

By Ian Urbina
May 3, 2023
This episode is the third installment in a 10-part short film series from The Outlaw Ocean Project. It stems from more than a decade of reporting by Ian Urbina exploring crime on the high seas. The se...
BIMCO: Carriers Increasing Slow Steaming Impacting Liner Capacity

BIMCO: Carriers Increasing Slow Steaming Impacting Liner Capacity

By The Maritime Executive
May 3, 2023
Slow Steaming has become a buzzword phrase in the shipping industry gaining attention as the carriers are confronted by increasing environmental regulations and falling demand. Industry trade associat...
Singapore Says Ammonia Requires Study and 2023 Pilot is Not Realistic

Singapore Says Ammonia Requires Study and 2023 Pilot is Not Realistic

By The Maritime Executive
May 3, 2023
The Maritime and Port Authority of Singapore (MPA) is calling into question reports suggesting that the port is ready to conduct the first transfers of ammonia in a trial to support the development of...
Man Overboard Survives 1.5 Hours in Danube River

Man Overboard Survives 1.5 Hours in Danube River

By The Maritime Executive
May 3, 2023
On Monday, a passenger on a Danube River cruise boat went over the side and managed to survive well beyond the expected time frame for cold-water immersion, long enough for a near-miraculous rescue. ...
MARAD Selects 27 Small Shipyards to Receive $20M in Grants

MARAD Selects 27 Small Shipyards to Receive $20M in Grants

By The Maritime Executive
May 3, 2023
The U.S. Maritime Administration (MARAD) released the list of shipyards that will receive grants in 2023 under its Small Shipyard Grant Program. The funds are provided in an annual competition designe...

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