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Prospects for Next-Generation Wind Propulsion on the Upper Great Lakes

Prospects for Next-Generation Wind Propulsion on the Upper Great Lakes

By Harry Valentine
July 12, 2023
Locally built sailing vessels first appeared on North America’s Great Lakes in the 17th-century era of exploration, and sail powered vessels remained in commercial use in the region into the 1920s. Th...
Ocean Temperatures Spike With Onset of El Niño

Ocean Temperatures Spike With Onset of El Niño

By The Maritime Executive
July 11, 2023
In early July, the world's oceans posted the highest average surface temperature ever recorded, a symptom of long-term warming combined with the onset of an El Niño pattern in the Pacific. The changed...
CIP Hits $6B in Raise of Largest Dedicated Greenfield Renewable Energy Fund

CIP Hits $6B in Raise of Largest Dedicated Greenfield Renewable Energy Fund

By The Maritime Executive
July 11, 2023
Copenhagen Investment Partners, already a leader in the investments and development of greenfield energy infrastructure projects, reports that investor demand remains strong for new opportunities in i...
IMB Warns of a Resurgence in Gulf of Guinea Piracy

IMB Warns of a Resurgence in Gulf of Guinea Piracy

By The Maritime Executive
July 11, 2023
In its mid-year report, the ICC International Maritime Bureau (IMB) has called for action to address a concerning return of kidnap-for-ransom piracy in the Gulf of Guinea.  After a historic lull in...
Stowaways Found Lying Atop Rudder of MSC Containership After 2,700 NM Trip

Stowaways Found Lying Atop Rudder of MSC Containership After 2,700 NM Trip

By The Maritime Executive
July 11, 2023
The Spanish Coast Guard and police in the Canary Islands found two stowaways perched on the top of the rudder of an MSC containership arriving from Africa. The two young men had been aboard the vessel...
For the First Time, Petrobras Picks a Domestic Yard to Scrap an FPSO

For the First Time, Petrobras Picks a Domestic Yard to Scrap an FPSO

By The Maritime Executive
July 11, 2023
Following the controversy over the handling of the decommissioned aircraft carrier NAe São Paulo, Brazil has taken a rare move towards sustainable ship recycling: state owned offshore oil giant Petrob...
Panama Issues Report Critical of SCA Pilots in Ever Given Grounding

Panama Issues Report Critical of SCA Pilots in Ever Given Grounding

By The Maritime Executive
July 11, 2023
More than two years after the grounding of the Ever Given containership in the Suez Canal, the Panama Maritime Authority’s Marine Safety Investigation Report has been filed with the International Mari...
NTSB: Inadequate Repair Led to Sinking of Fishing Vessel Grace Marie

NTSB: Inadequate Repair Led to Sinking of Fishing Vessel Grace Marie

By The Maritime Executive
July 11, 2023
The National Transportation Safety Board (NTSB) has concluded its investigation into the sinking of the fishing vessel Grace Marie last year, and has concluded that an inappropriate hull repair was th...
USCG Says Fire is Out and Salvage is Beginning on Grimaldi Vessel in Newark

USCG Says Fire is Out and Salvage is Beginning on Grimaldi Vessel in Newark

By The Maritime Executive
July 11, 2023
The Unified Command led by the U.S. Coast Guard declared that the fire at Port Newark aboard Grimaldi’s vessel the Grande Costa d’Avorio has been extinguished. They are moving into a salvage operation...
Evergreen Orders 24 Methanol-Fueled Ships at a Cost of Nearly $5 Billion 

Evergreen Orders 24 Methanol-Fueled Ships at a Cost of Nearly $5 Billion 

By The Maritime Executive
July 11, 2023
Evergreen has become the next major carrier to join the growing list of lines investing in methanol dual-fuel newbuilds. Not waiting for the technology to be commercialized for other alternative fuels...

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