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Crystal’s River Cruise Ships Sold to Start-up German Cruise Line

Crystal’s River Cruise Ships Sold to Start-up German Cruise Line

Crystal Cruises’ river cruise ships are being sold resolving the fate of another piece of the former Genting Hong Kong fleet. The river cruise ships have been laid up for a year since the financial co...

Ronald Spithout Joins CyberOwl's Board

Ronald Spithout Joins CyberOwl's Board

Maritime and offshore system cyber risk management specialists, CyberOwl have appointed Ronald Spithout as a strategic advisor to the Board. Spithout, a renowned influential figure in the maritime ind...

Maritime Executive

Cyberattack Forces DNV to Take ShipManager Service Offline

DNV is confirming that it has taken its ShipManager software product offline after the services’ IT servers had been the victim of a cyberattack. Proving the universal nature of the cyber threat, the...

Biden Administration Releases Maritime Decarbonization Strategy

Biden Administration Releases Maritime Decarbonization Strategy

The U.S. Department of Energy has released an updated decarbonization strategy for 2023, and it includes substantial and detailed policy measures for the maritime sector.  Maritime makes up about t...

2022 Record Year for Tanker Derivative Volumes

2022 Record Year for Tanker Derivative Volumes

The derivatives market for clean and dirty tankers saw increased traded volumes in 2022, according to data released by the Baltic Exchange. Tanker Forward Freight Agreement (FFA) volumes hit 734,97...

Pressure to Reduce Underwater Radiated Noise from the Ship's Propeller

Pressure to Reduce Underwater Radiated Noise from the Ship's Propeller

A propeller technology capable of substantially reducing the underwater radiated noise (URN) generated by ships’ propellers has been developed by Oscar Propulsion Limited and the University of Strathc...

Italian Container Port Reopens After Grounded MSC Boxship is Refloated

Italian Container Port Reopens After Grounded MSC Boxship is Refloated

Operations resumed at Italy’s largest container port, Gioia Tauro, 24 hours after an MSC containership veered off course while maneuvering and grounded on the southern breakwater at the port’s entranc...

Bureau Veritas Approves Oceans of Energy Solar Farm

Bureau Veritas Approves Oceans of Energy Solar Farm

Bureau Veritas, a world leader in testing, inspection, and certification, has delivered an Approval in Principle to Oceans of Energy, a market leader in offshore solar farms, for their system design o...

Grow Maritime Urges Corporate Sustainability Reporting Directive

Grow Maritime Urges Corporate Sustainability Reporting Directive

The urgency in adopting sustainable practices is clear following the European Parliament’s approval of the new Corporate Sustainability Reporting Directive (CSRD) which comes into force in 2024, say E...

Alfa Laval and Shell Sign Gas Combustion Agreement

Alfa Laval and Shell Sign Gas Combustion Agreement

Shell International Trading and Shipping Company Limited has signed a memorandum of understanding (MOU) with Alfa Laval regarding the development of a new Gas Combustion Unit (GCU) for use on liquid h...