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Wärtsilä Agreement with National Petroleum Construction Company

Wärtsilä Agreement with National Petroleum Construction Company

By The Maritime Executive
March 13, 2023
The technology group Wärtsilä has signed a five-year Optimised Maintenance Agreement with National Petroleum Construction Company (NPCC), a National Marine Dredging Group (NMDC Group) subsidiary. The...
Advancing in Reverse

Advancing in Reverse

By Erik Kravets
March 12, 2023
Russian pipeline gas is out; so is coal. Yet Europe is still managing to win the energy war and keep warm. As the saying goes: “We’re not retreating, we’re advancing in reverse.” The transition to...
Record-Setting Cyclone Freddy Makes Third Landfall

Record-Setting Cyclone Freddy Makes Third Landfall

By The Maritime Executive
March 12, 2023
Over the weekend, Tropical Cyclone Freddy made its third and final landfall in central Mozambique. This is the cyclone’s third landfall in the area: it arrived on the east coast of Madagascar on Febru...
One Dead in Tug Sinking off Cebu

One Dead in Tug Sinking off Cebu

By The Maritime Executive
March 12, 2023
On Friday, a Philippine landing craft struck a tugboat in the port of Cebu, sinking the tug and claiming the life of one crewmember. At about 1520 hours, the tug Nagasaka was towing the landing cra...
Two Dead in Cocaine-Smuggling Mishap Off Colombia

Two Dead in Cocaine-Smuggling Mishap Off Colombia

By The Maritime Executive
March 12, 2023
When Colombian authorities intercepted their latest drug smuggling boat catch, they recovered more than just cocaine. Alongside thousands of shrink-wrapped bricks, they found the bodies of two smuggle...
Squid Fishing on the High Seas Has Exploded Since 2017

Squid Fishing on the High Seas Has Exploded Since 2017

By Quentin Hanich, Katherine Seto and Osvaldo Urrutia
March 12, 2023
Global squid fishing increased by 68% between 2017 and 2020, according to our international analysis, prompting concerns that much of the international fishing fleet is sidestepping necessary conserva...
IRGC Takes Delivery of Warship Based on a Panamax Boxship

IRGC Takes Delivery of Warship Based on a Panamax Boxship

By The Maritime Executive
March 12, 2023
The Islamic Revolutionary Guard Corps (IRGC) has taken delivery of a lightly-converted container ship, which it will deploy in service as an expeditionary base ship.  Until recently, the newly-deli...
Maritime Executive

Saudi Startup Seeks to Raise $300M for High-Spec Shipbreaking Yard

By The Maritime Executive
March 12, 2023
A Saudi Arabian startup has set out to raise $300 million to invest in a new recycling facility that will be located in the commercial port of Al Jubail. Wreckdock Vessel Recycling announced that i...
Buying Virginia-Class Subs Will Strengthen Australian Sovereignty

Buying Virginia-Class Subs Will Strengthen Australian Sovereignty

By The Strategist
March 12, 2023
[By Justin Bassi and Alex Bristow] The formal unveiling of the AUKUS plan is still a few days away, but we are already seeing strong signs that it will constitute a genuine trilateral partnership....
Price Gap Between Low and High Sulfur Fuel Oil Boosts Scrubber ROI

Price Gap Between Low and High Sulfur Fuel Oil Boosts Scrubber ROI

By ZEME
March 12, 2023
Recently, ZEME and Zhejiang Energy Group Industrial Research Institute released a new report entitled "Analysis and Prediction of Oil Price between High and Low Sulfur Marine Fuel and Economic Analysi...

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