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NKT Backs Taiwan's First Subsea Power Cable Factory

NKT Backs Taiwan's First Subsea Power Cable Factory

By The Maritime Executive
February 26, 2023
With Taiwan massively investing in offshore wind energy, the country is set to get its first subsea power cable factory. Danish cable manufacturer NKT has announced that it has agreed to sign a joint...
Study: Tankers are Carrying Russian Oil Priced Far Above G-7 Cap

Study: Tankers are Carrying Russian Oil Priced Far Above G-7 Cap

By The Maritime Executive
February 26, 2023
In a new preprint paper, a group of academic researchers at Columbia, UCLA and the KSE Institute have determined that Russia's average seaborne oil export price is still well above the $60 per barrel...
As Ocean Freight Market Slows, Intra-Asian Trade Shows Signs of Growth

As Ocean Freight Market Slows, Intra-Asian Trade Shows Signs of Growth

By The Maritime Executive
February 26, 2023
With the dual pressures of the ongoing war in Ukraine and the lingering effects of the COVID-19 pandemic, inflation and slowing trade volumes have become pain points for most economies globally. On th...
Video: Salvors Use Helicopter to Defuel Grounded Yacht on Maui

Video: Salvors Use Helicopter to Defuel Grounded Yacht on Maui

By The Maritime Executive
February 26, 2023
Salvors have successfully defueled the luxury yacht that ran aground in Maui's Honolua Bay, and salvage operations are ongoing.  Last Monday, the 94-foot yacht Nakoa grounded on the north side of M...
"Operation Breakthrough": Remembering a Rare Thaw in the Cold War

"Operation Breakthrough": Remembering a Rare Thaw in the Cold War

By Cameron Livingstone, SE Australia Branch of The Nautical Institute
February 26, 2023
On October 7, 1988, 'Operation Breakthrough' was a rare US-Soviet cooperation to free three juvenile gray whales that became trapped in pack-ice in the Beaufort Sea near Point Barrow, Alaska. The whal...
Maritime Executive

U.S. Navy Captain Sentenced to Prison for Role in GDMA Scandal

By The Maritime Executive
February 26, 2023
A federal jury in San Diego has sentenced Capt. Jesus Vasquez Cantu (USN) to 30 months in prison for his role in the long-running Glenn Defense Marine Asia corruption scandal, better known as the "Fat...
Interview: Eastern Shipbuilding's Joey D'Isernia Takes Helm as New CEO

Interview: Eastern Shipbuilding's Joey D'Isernia Takes Helm as New CEO

By The Maritime Executive
February 26, 2023
Joey D’Isernia, longtime president of Eastern Shipbuilding Group, recently took up the role of CEO and Chairman of the Board at the family-owned firm. After more than 46 years in the role, founder Bri...
China Now Has Nearly Half of the World's Offshore Wind Capacity

China Now Has Nearly Half of the World's Offshore Wind Capacity

By The Maritime Executive
February 26, 2023
China has maintained its leadership in the global race for new offshore wind turbine installations despite an expected decline in annually added capacity, according to the latest numbers from the Worl...
Prof. Max Mejia Appointed Next President of World Maritime University

Prof. Max Mejia Appointed Next President of World Maritime University

By The Maritime Executive
February 26, 2023
With the term of Dr. Cleopatra Doumbia-Henry expiring as the President of World Maritime University (WMU) this year, Professor Max Mejia has been selected to take over the position. The Secretary Gene...
Aurora Expeditions Christens "Sylvia Earle" for Dr. Sylvia Earle

Aurora Expeditions Christens "Sylvia Earle" for Dr. Sylvia Earle

By The Maritime Executive
February 26, 2023
Aurora Expeditions is beyond thrilled to officially christen its newest purpose-built small ship, the Sylvia Earle. Namesake and godmother, Dr Sylvia Earle did the honors, in Antarctica in recognition...

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