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Fairbanks Morse Defense Tests High-Speed Engine for US Navy’s LUSVs

By The Maritime Executive

April 4, 2023

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been contracted to provide and test one nForcer high-speed engine to qualify for the Navy’s large, unmanned sur...

Posidonia Sea Tourism Forum To Examine Economic Cruise Industry Trends

By The Maritime Executive

April 4, 2023

[By: The Posedonia Sea Tourism Forum] As the international cruise industry prepares for the highly anticipated Posidonia Sea Tourism Forum, Cruise Lines International Association (CLIA) predicts th...

Port of NYNJ Beats West Coast Rivals with Highest 2023 Volumes

By The Maritime Executive

April 4, 2023

The Port of New York and New Jersey is once again claiming the title of the business container seaport in the United States surpassing the volumes of its traditionally busier West Coast rivals in Los...

Pierfrancesco Vago, Executive Chairman, Global Chair of CLIA

By The Maritime Executive

April 4, 2023

Pierfrancesco Vago, Executive Chairman of the Cruise Division of MSC Group and Global Chair of CLIA March 28, 2023, Speech to Cruise Industry at Fort Lauderdale Convention Center March 28, 2023: “...

Russian Subsea Construction Vessels Draw Scrutiny Off Ireland

By The Maritime Executive

April 4, 2023

A trio of Russian offshore vessels loitering off Ireland have raised eyebrows in Dublin, especially after reports that the Irish Navy was unable to muster enough crew to dispatch a patrol ship to the...

Global Sting Operation Nets $3 Billion Worth of Cocaine

By The Maritime Executive

April 3, 2023

A large-scale, multi-month sting operation organized by two UN agencies and the Australian Border Force resulted in the seizure of nearly 99 tonnes of cocaine, which would be worth about $3.4 billion...

Yara and Enbridge to Develop Large Blue Ammonia Project at Texas Port

By The Maritime Executive

April 3, 2023

Yara Clean Ammonia and Enbridge are planning to jointly develop and construct a world-scale low-carbon blue ammonia production facility to be located in Texas. The proposed facility, which includes au...

Carrier USS Ford Passes Key Test in Preparation for First Deployment

By The Maritime Executive

April 3, 2023

The carrier USS Gerald R. Ford has completed a strike group carrier exercise in preparation for her first full-scale operational deployment, U.S. 2nd Fleet announced Monday. Ford, delivered to the...

French Frigate Joins Operation Agenor in Strait of Hormuz Patrols

By The Maritime Executive

April 3, 2023

As from the 2nd of April, the French Navy ship, FS Courbet, is in direct support of operation AGENOR. The French asset will mainly sail for AGENOR until mid-May. It is the 23th time France sends an as...

South Korea’s FTC Becomes Holdout to Approval of Hanwha-DSME Deal

By The Maritime Executive

April 3, 2023

The agreed deal for Hanwha Group, South Korea’s seventh largest conglomerate, to recapitalize financially troubled Daewoo Shipbuilding and Marine Engineering (DSME) has won international approval with...

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