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Six Months Until the CIMAC World Congress 2023 Opens its Doors

Six Months Until the CIMAC World Congress 2023 Opens its Doors

By The Maritime Executive
January 20, 2023
The time of waiting will soon come to an end: Now it is only exactly 6 months until the CIMAC World Congress opens its doors. Usually, the industry gathers every 3 years at the invitation of CIMAC, bu...
Mariotti to Build Luxury Cruise Yacht for Aman and Cruise Saudi

Mariotti to Build Luxury Cruise Yacht for Aman and Cruise Saudi

By The Maritime Executive
January 20, 2023
Italy’s T. Mariotti shipyard has signed a contract to build a new luxury yacht cruise ship which is being promoted as the first resort at sea. The cruise ship will be built for Neptune Co., which is a...
Indian Government Plans Strict Age Restrictions on Cargo Vessels

Indian Government Plans Strict Age Restrictions on Cargo Vessels

By The Maritime Executive
January 19, 2023
India's government is preparing to impose a remarkable set of vessel age restrictions on all ships handling Indian cargo, according to The Economic Times.  The restrictions would prevent Indian own...
UK Receives £1 Billion Annual “Windfall” From New Offshore Wind Leases

UK Receives £1 Billion Annual “Windfall” From New Offshore Wind Leases

By The Maritime Executive
January 19, 2023
Further demonstrating the strong demand emerging in the offshore wind energy sector for prime locations, the UK’s Crown Estate concluded agreements for leases on six new offshore wind sites as part of...
Samsung and MISC to Develop Floating CO2 Storage Units to Support CCS

Samsung and MISC to Develop Floating CO2 Storage Units to Support CCS

By The Maritime Executive
January 19, 2023
Efforts continue seeking to develop novel technologies to aid in the capture and storage of CO2. With the first offshore storage operations moving forward with testing one of the issues that need to b...
In The Know Podcast 47: Paul Sells, President and CEO, ABS Wavesight

In The Know Podcast 47: Paul Sells, President and CEO, ABS Wavesight

By The Maritime Executive
January 19, 2023
In the latest edition of the In The Know podcast series, The Maritime Executive spoke with Paul Sells, President and CEO of ABS Wavesight™, about the formation of ABS' new vessel management software b...
Maritime Executive

Matson Predicts a Slowdown in Transpacific Trade Through Mid-2023

By The Maritime Executive
January 19, 2023
Confirming the downward trend in the container freight market, Jones Act ocean carrier Matson announced Wednesday that it is seeing lower volumes on its China services and expects revenue to drop acco...
Non-Alliance Carriers are Losing Market Share After Years of Growth

Non-Alliance Carriers are Losing Market Share After Years of Growth

By The Maritime Executive
January 19, 2023
After enjoying strong growth during the shipping surge experienced over the past two years, Sea-Intelligence reports that non-alliance carriers are again losing market share. With the current levels o...
Japan Coast Guard Vessel Taking on Water After Grounding

Japan Coast Guard Vessel Taking on Water After Grounding

By The Maritime Executive
January 19, 2023
A Japan Coast Guard vessel is reportedly taking on water and leaking oil after grounding in rough weather while on a routine patrol on January 18. The vessel is stranded and awaiting a salvage crew bu...
UK Acquires CSOV to Launch Subsea Protection Mission

UK Acquires CSOV to Launch Subsea Protection Mission

By The Maritime Executive
January 19, 2023
The UK’s Royal Fleet Auxiliary is set to take delivery in the next few days on the first of two vessels designed to support offshore subsea construction to initiate the Ministry of Defense’s new missi...

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