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World Bank Forecasts Slower Trade Growth Through 2030

By The Maritime Executive

March 27, 2023

The World Bank projects that trade growth is on track to slow over the decade to come as global economic growth slackens. The lasting effects of the COVID-19 pandemic, the Russian invasion of Ukraine...

ABB’s Mid-Range Azipod® on Four Cruise Vessels Built by Fincantieri

By The Maritime Executive

March 27, 2023

• Four newbuild cruise vessels will each feature a pair of 7.7 MW Azipod® propulsion units for high efficiency, maneuverability and passenger comfort • ABB’s integrated power and propulsion sol...

Ongoing Incident: Pirates Board Product Tanker in Gulf of Guinea

By The Maritime Executive

March 27, 2023

The relative calm in the Gulf of Guinea appears to have been broken with reports of an ongoing incident with unknown boarders attempting to seize control of a product tanker that was laying off the co...

Navigator Holdings Additional Vessel Acquisitions With Greater Bay

By The Maritime Executive

March 27, 2023

Navigator Holdings Ltd. (“Navigator” or “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, is pleased to announce the third and fourth ve...

Goodwin Marine Services Invests in the Future of Offshore Wind

By The Maritime Executive

March 27, 2023

Having spent the last two decades building a successful offshore operations business, owner and operator Josh Goodwin of Goodwin Marine Services has his sights set on the rapidly developing offshore w...

Brazil Opens Investigation into Sembcorp Marine’s Shipyard Subsidiary

By The Maritime Executive

March 27, 2023

Sembcorp Marine confirmed in a brief statement issued on March 24 in Singapore that its Brazilian subsidiary is under “investigation of alleged irregularities practices.” No further details were relea...

IAMPE Congratulates NOLA MPE Graduates

By The Maritime Executive

March 27, 2023

The International Association of Maritime and Port Executives (IAMPE) is pleased to announce its latest class of Maritime Port Executives (MPE) who completed certifications hosted at Kean Miller, LLP,...

Talos and Pemex Complete Plans to Develop Giant Zama Field

By The Maritime Executive

March 27, 2023

Mexican state oil company Pemex has submitted its development plans for the unitization of the Zama field, including the lease segment it took over from U.S.-based Talos Energy in 2021. Talos bega...

Canada’s Davie is in Exclusive Talks to Buy Helsinki Shipyard

By The Maritime Executive

March 27, 2023

Finland’s Helsinki Shipyard reports it has granted an exclusive option to Canada’s Chantier Davie as the Canadian firm works to complete negotiations to purchase the assets of the Finnish shipyard fro...

Cruising’s Rebound Raises Hopes of Normalcy Going Forward

By Allan E. Jordan

March 27, 2023

The cruise industry is strong and optimism is high as the industry this week starts its largest trade show of the year. Executives are heading to Seatrade Cruise Global in Fort Lauderdale, Florida wit...

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