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Global Sting Operation Nets $3 Billion Worth of Cocaine

Global Sting Operation Nets $3 Billion Worth of Cocaine

A large-scale, multi-month sting operation organized by two UN agencies and the Australian Border Force resulted in the seizure of nearly 99 tonnes of cocaine, which would be worth about $3.4 billion...

Yara and Enbridge to Develop Large Blue Ammonia Project at Texas Port

Yara and Enbridge to Develop Large Blue Ammonia Project at Texas Port

Yara Clean Ammonia and Enbridge are planning to jointly develop and construct a world-scale low-carbon blue ammonia production facility to be located in Texas. The proposed facility, which includes au...

Carrier USS Ford Passes Key Test in Preparation for First Deployment

Carrier USS Ford Passes Key Test in Preparation for First Deployment

The carrier USS Gerald R. Ford has completed a strike group carrier exercise in preparation for her first full-scale operational deployment, U.S. 2nd Fleet announced Monday.  Ford, delivered to the...

French Frigate Joins Operation Agenor in Strait of Hormuz Patrols

French Frigate Joins Operation Agenor in Strait of Hormuz Patrols

As from the 2nd of April, the French Navy ship, FS Courbet, is in direct support of operation AGENOR. The French asset will mainly sail for AGENOR until mid-May. It is the 23th time France sends an as...

Maritime Executive

South Korea’s FTC Becomes Holdout to Approval of Hanwha-DSME Deal

The agreed deal for Hanwha Group, South Korea’s seventh largest conglomerate, to recapitalize financially troubled Daewoo Shipbuilding and Marine Engineering (DSME) has won international approval with...

Allision Damage Forces Indonesian Ferry to Intentionally Run Aground

Allision Damage Forces Indonesian Ferry to Intentionally Run Aground

On Sunday, a ferry struck an anchored ro/pax off the northwestern tip of Java, Indonesia, prompting the crew of the stricken vessel to intentionally ground their ship.  At about 0700 hours on Sunda...

Lauritzen and Cargill Expand Methanol-Fueled Bulker Orders from Japan

Lauritzen and Cargill Expand Methanol-Fueled Bulker Orders from Japan

The ranks of the emerging category of methanol-fueled shipping are continuing to grow with Denmark’s J. Lauritzen reporting it is ordering at least two large bulkers that will be capable of trading wi...

Captain Lost “Situational Awareness” Causing $7.7M Damage to Ferry

Captain Lost “Situational Awareness” Causing $7.7M Damage to Ferry

An initial report has been released detailing the July 2022 allision of Washington State Ferries’ vessel that caused an estimated $7.7 million worth of damage after it struck a piling as it approaches...

Brexit Passport Checks Lead to Lengthy Delays at Port of Dover

Brexit Passport Checks Lead to Lengthy Delays at Port of Dover

Three years after Britain left the European Union, the reimposition of customs checks at the Channel crossing is still upending port operations at peak travel times.  When Britain opted to leave th...

Maersk Plans to Nearly Double Rotterdam Terminal Capacity by 2026

Maersk Plans to Nearly Double Rotterdam Terminal Capacity by 2026

Maersk’s terminal company APM Terminals completed an agreement with the Port of Rotterdam Authority to move forward with a large expansion of the company’s terminal in the Maasvlakte II region of the...