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Maritime Executive

Xeneta: Drop in Ocean Freight Rates May Be a Normal Market Correction

By The Maritime Executive
October 4, 2022
As a new sign that shipping market is cooling, this week’s Flexport Ocean Timeliness Indicator (OTI) shows that shipping bottlenecks at major trade lanes are easing. In the Transpacific Eastbound rout...
A Cap on Russian Oil Prices Would Let Sanctions Work With Global Trade

A Cap on Russian Oil Prices Would Let Sanctions Work With Global Trade

By Amitrajeet A. Batabyal
October 4, 2022
The world as we know it cannot function without oil, giving oil-producing countries an advantage economists call market power. Nations that produce oil are able to set the price, while countries that...
KSOE Appears Set to Swing Back to Profitability

KSOE Appears Set to Swing Back to Profitability

By The Maritime Executive
October 4, 2022
For the first time in the last four quarters, HHI Group's Korea Shipbuilding and Offshore Engineering (KSOE) division is forecast to make a slight profit. Korean financial data provider FnGuide est...
Barge Groundings Create Headaches on the Lower Mississippi

Barge Groundings Create Headaches on the Lower Mississippi

By The Maritime Executive
October 4, 2022
With the Mississippi River at its 8th-lowest water level on record, grounding risk has increased for barge operators, and multiple groundings have been reported on the Lower Mississippi On Tuesday,...
U.S. Coast Guard Helps Evacuate Hurricane-Damaged Pine Island

U.S. Coast Guard Helps Evacuate Hurricane-Damaged Pine Island

By The Maritime Executive
October 4, 2022
The U.S. Coast Guard has orchestrated a large-scale evacuation and relief operation for the residents of Pine Island, a barrier island community that was hard hit when Hurricane Ian slammed into south...
Gazprom: One Nord Stream Pipe String May Still Be Usable

Gazprom: One Nord Stream Pipe String May Still Be Usable

By The Maritime Executive
October 4, 2022
The Nord Stream 2 pipeline system is still half operable, according to owner Gazprom, and could be used to supply Russian natural gas to Germany - with political permission. A suspected sabotage at...
Digitalization: Maritime’s Secret Weapon

Digitalization: Maritime’s Secret Weapon

By Paul Sells
October 4, 2022
The shipping industry is setting its sights on efficiency. Thanks to internal corporate social responsibility (CSR) initiatives and external pressures from regulatory agencies, fleet operators are sta...
Russian Supply Uncertainty Triggers Price Hikes in LNG Market

Russian Supply Uncertainty Triggers Price Hikes in LNG Market

By The Maritime Executive
October 4, 2022
Europe's uncertain winter heating season could get worse if the Kremlin decides on a complete shutdown of gas flows when the continent's gas system is at its most vulnerable. The high temperature sens...
Transparency in Shipping’s Digital Age

Transparency in Shipping’s Digital Age

By Despina Panayiotou Theodosiou
October 4, 2022
As co-CEO of leading satellite communications and digital solutions provider Tototheo Maritime, Despina Panayiotou Theodosiou knows all about the impact connectivity has on commercial ship efficiency,...
Shaun White Leads New Foreship Subsidiary to Support UK

Shaun White Leads New Foreship Subsidiary to Support UK

By The Maritime Executive
October 4, 2022
Foreship has appointed Shaun White as Managing Director of Foreship UK, the new subsidiary which commits the leading naval architecture and marine engineering company to securing a strategic presence...

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