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Small Tanker Sinks and Spills Fuel off Philippines

Small Tanker Sinks and Spills Fuel off Philippines

By The Maritime Executive
March 1, 2023
A sunken tanker is spilling petroleum into the water off the coast of Balingawan Point, Mindoro, in the Philippines' Tayabas Bay.  The recently-built tanker Princess Empress partially sank off Bali...
Philippine Coast Guard Rescues 88 Passengers From Grounded Ferry

Philippine Coast Guard Rescues 88 Passengers From Grounded Ferry

By The Maritime Executive
March 1, 2023
The Philippine Coast Guard has rescued 88 passengers from a ro/ro ferry that ran aground on a reef between the islands of Cebu and Bohol on Tuesday afternoon.  The ferry Starlight Saturn went agrou...
Construction Contract Awarded for Belgium’s Man-Made “Energy Island”

Construction Contract Awarded for Belgium’s Man-Made “Energy Island”

By The Maritime Executive
March 1, 2023
The first phase of construction contracts has been awarded for the world’s first man-made “energy island,” to be built by Belgium as part of a plan to develop an integrated European offshore electrici...
Freight Forwarders Want D&D Revised to Restore Pre-Pandemic Free Time

Freight Forwarders Want D&D Revised to Restore Pre-Pandemic Free Time

By The Maritime Executive
March 1, 2023
FIATA, the International Federation of Freight Forwarders Associations, issued a new call for shipping lines and terminals to restore container policies including detention and demurrage fees to pre-p...
Methanex Conducts First Net-Zero, Biomethanol-Powered Voyage

Methanex Conducts First Net-Zero, Biomethanol-Powered Voyage

By The Maritime Executive
March 1, 2023
Methanex and MOL have carried out the world's first net-zero voyage powered by methanol, the two companies announced Monday.  Methanex co-owns Waterfront Shipping, which has a fleet of dual-fuel ta...
Barge is First New Vessel Built at Harland & Wolff in 20 Years

Barge is First New Vessel Built at Harland & Wolff in 20 Years

By The Maritime Executive
March 1, 2023
Harland & Wolff, the famed Northern Ireland shipbuilder, marked a key milestone in the restoration of operations after 20 years at its Belfast yard. Once the builder of some of the world’s most famous...
Advanced Nuclear Power Could Transform U.S. Maritime Industry

Advanced Nuclear Power Could Transform U.S. Maritime Industry

By Mikal Boe
March 1, 2023
The US maritime sector has suffered a steep decline since its peak in the immediate post-WWII era with the number of American flagged and constructed vessels plummeting. The advent of marinized nuc...
COSCO and MSC Agree to Pay $96.5M to Settle Oil Spill Lawsuit

COSCO and MSC Agree to Pay $96.5M to Settle Oil Spill Lawsuit

By The Maritime Executive
March 1, 2023
The shipping companies that owned, chartered, and operated two containerships that were believed to have contributed to the October 2021 oil spill off Southern California have agreed to pay the pipeli...
Maritime Executive

MARAD Designates $12M for Marine Highway Program Down from 2022 Record

By The Maritime Executive
March 1, 2023
As part of the continuing efforts by the Biden Administration to support and expand the U.S. marine operations, MARAD today announced a total of $12,423,000 will be made available in FY 2023 for the U...
Natalya Leahy Appointed President of Seabourn

Natalya Leahy Appointed President of Seabourn

By The Maritime Executive
March 1, 2023
Ultra-luxury cruise line Seabourn announced the appointment of Natalya Leahy as the business's new president. Leahy, whose seven years with Holland America Group included operational oversight of Seab...

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