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IMB: Global Piracy Remains at Lowest Level in Decades

IMB: Global Piracy Remains at Lowest Level in Decades

By The Maritime Executive
October 12, 2022
Global piracy and armed robbery incidents in the maritime industry are at their lowest level in decades continuing patterns that emerged over the past two years. In its report for the first nine month...
FMC Proposes Strict Limits on D&D Billing Practices

FMC Proposes Strict Limits on D&D Billing Practices

By The Maritime Executive
October 12, 2022
The Federal Maritime Commission has proposed new rules to rein in excessive demurrange and detention billing practices, which have imposed millions of dollars in extra costs on shippers and drayage co...
Norwegian Cruise Line Holdings Proceeding with Methanol Tests

Norwegian Cruise Line Holdings Proceeding with Methanol Tests

By The Maritime Executive
October 12, 2022
Norwegian Cruise Line and its parent company are pursuing green methanol as their preferred path to achieve decarbonization of their operations. While Carnival Corporation, MSC Cruises, and Royal Cari...
Hong Kong Refuses to Enforce U.S. Sanctions on Russian Megayacht

Hong Kong Refuses to Enforce U.S. Sanctions on Russian Megayacht

By The Maritime Executive
October 12, 2022
Hong Kong's political leadership has refused a request to enforce U.S. sanctions on the Russian megayacht Nord, defying warnings from the U.S. Department of State. The Nord is a 466-foot, 10,000 GT...
Pipeline for Floating Offshore Wind Capacity Doubles in 12 Months

Pipeline for Floating Offshore Wind Capacity Doubles in 12 Months

By The Maritime Executive
October 12, 2022
As the global offshore wind energy industry grows, project developers are increasingly focusing on floating offshore wind projects. A new report published by RenewableUK shows that the total pipeline...
Retailers Forecast Lower US Import Levels for Fourth Quarter and 2023

Retailers Forecast Lower US Import Levels for Fourth Quarter and 2023

By The Maritime Executive
October 12, 2022
Imports at the major container ports in the United States are expected to fall to their lowest level in nearly two years by the end of 2022 after retailers built inventories earlier and are now well s...
Damen to Build Two Emergency Response Vessels for Romania

Damen to Build Two Emergency Response Vessels for Romania

By The Maritime Executive
October 12, 2022
[By: Damen] The General Inspectorate for Emergency Situations of the Romanian government has ordered two Damen Stan Patrol 5009 emergency response vessels. The contract was signed by Inspector Gene...
Stella Maris to Strengthen its Network in Advocating for Seafarers

Stella Maris to Strengthen its Network in Advocating for Seafarers

By The Maritime Executive
October 12, 2022
Stella Maris, the Catholic Church’s outreach to seafarers and fishers and their families, will strengthen its global network to become even more effective advocates of the people of the sea. Delega...
Accelleron Relocate Turbocharger Service Network in Indonesia

Accelleron Relocate Turbocharger Service Network in Indonesia

By The Maritime Executive
October 12, 2022
[By: Accelleron] BADEN, SWITZERLAND, OCTOBER 12 2022 Accelleron has enhanced its global turbocharger service network capabilities in Indonesia by opening new, modern workshop facilities near Jakar...
SCHOTTEL Selected for Funding Under Transport Canada's QV Initiative

SCHOTTEL Selected for Funding Under Transport Canada's QV Initiative

By The Maritime Executive
October 12, 2022
[By: Schottel] The German propulsion expert SCHOTTEL has been selected for funding within the Government of Canada's Quiet Vessel Initiative, which supports the development of new quiet vessel tech...

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