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Seized $200M Yacht to be Auctioned Off to Support Ukraine

Seized $200M Yacht to be Auctioned Off to Support Ukraine

By The Maritime Executive
December 4, 2022
A superyacht belonging to an associate of Russian President Vladimir Putin will soon be transferred to the custody of the Ukrainian government and auctioned off, according to Ukraine's Asset Recovery...
Bleutec Advances its WTIV Concept With Help From Wärtsilä

Bleutec Advances its WTIV Concept With Help From Wärtsilä

By The Maritime Executive
December 4, 2022
Wärtsilä is working with Texas-based startup Bleutec to bring a new lower-cost wind turbine installation concept to life.  Like Allseas' clean-sheet approach to platform decommissioning, Bleutec’s...
PALFINGER: Scottish Offshore Wind Project Places Major Order

PALFINGER: Scottish Offshore Wind Project Places Major Order

By The Maritime Executive
December 4, 2022
At this year’s WindEnergy, PALFINGER presented its renewed range of cranes for the first time. In 2023, PALFINGER will deliver 60 of its new PF120-4 fixed boom cranes to the Moray West Offshore Wind F...
Maritime Executive

Stella Maris Nordic in Partnership with Caritas Denmark

By The Maritime Executive
December 4, 2022
Life at sea can be difficult and lead to long periods of loneliness and depression. Since 2019, Stella Maris Nordic has been supporting seafarers and fishers in a large area stretching from Finland in...
Maritime Executive

Why Are Gulf of Guinea Pirates Shifting to Illegal Oil Bunkering?

By The Maritime Executive
December 4, 2022
One week after the UN Security Council (UNSC) noted the changing dynamics of piracy in Gulf of Guinea (GoG), a new report attempts to explore the factors behind the shift. The report is prepared un...
Shell Signs Agreement with Alfa Laval to Develop a Gas Combustion Unit

Shell Signs Agreement with Alfa Laval to Develop a Gas Combustion Unit

By The Maritime Executive
December 4, 2022
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...
Port Everglades Celebrates Second Highest Year for Container Volumes

Port Everglades Celebrates Second Highest Year for Container Volumes

By The Maritime Executive
December 4, 2022
Port Everglades fell one day short of beating its own annual record for containerized cargo volumes in Fiscal Year 2022 (ending September 30, 2022). The ships that would have taken Port Everglades ove...
OneWeb & SpaceX Launch 40 Satellites to Enable Leap in Connectivity

OneWeb & SpaceX Launch 40 Satellites to Enable Leap in Connectivity

By The Maritime Executive
December 4, 2022
What:  OneWeb, the low Earth orbit (LEO) satellite communications company, will launch 40 satellites with SpaceX no earlier than Tuesday, 6 December 2022, from Kennedy Space Center in Florida. This l...
As Russian Oil Price Cap Approaches, OPEC+ Leaves Output Cuts Intact

As Russian Oil Price Cap Approaches, OPEC+ Leaves Output Cuts Intact

By The Maritime Executive
December 4, 2022
Though a new Western price cap on Russian oil is expected to take more than a million barrels a day off the global market, OPEC+ is sticking to its plan for reduced output, the group announced after a...
Growing Concern About COSCO's Rising European Footprint

Growing Concern About COSCO's Rising European Footprint

By The Maritime Executive
December 4, 2022
In late October, the German government approved the acquisition of a minority stake of less than 25 percent in the operating company HHLA Container Terminal Tollerort by COSCO Shipping Port Limited (C...

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