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New Startup Aims to Become First Pure-Play Wind Vessel Owner in Asia

New Startup Aims to Become First Pure-Play Wind Vessel Owner in Asia

By The Maritime Executive
September 22, 2022
A new startup aims to become the first pure-play offshore wind vessel owner in Asia, diversifying a global market which has traditionally been filled by European players.  Within a three-year timet...
Hybrid-Methanol Tug Offers a Bridge to Zero-Carbon Towage

Hybrid-Methanol Tug Offers a Bridge to Zero-Carbon Towage

By The Maritime Executive
September 22, 2022
Working with ABB, the naval architecture firm Glosten has designed a hybrid-drive ship assist tug that would run on methanol.  The 100-foot ASD tug would be powered by twin methanol-compatible gene...
Banks Raise Decarbonization Benchmark Standard in Poseidon Principles

Banks Raise Decarbonization Benchmark Standard in Poseidon Principles

By The Maritime Executive
September 22, 2022
The leading banks that finance the shipping industry along with the marine insurers participating in the Poseidon Principals initiative have agreed to increase the standards by which they measure clim...
Ten More Leading Shippers Join Initiative for Maritime Decarbonization

Ten More Leading Shippers Join Initiative for Maritime Decarbonization

By The Maritime Executive
September 22, 2022
Global shippers are continuing in their efforts to align to contribute to the drive for the decarbonization of the maritime industry. Ten leading companies and large global shippers, including DuPont,...
CMA CGM Orders LNG Containerships With Pledge to Run Them on Biogas

CMA CGM Orders LNG Containerships With Pledge to Run Them on Biogas

By The Maritime Executive
September 22, 2022
CMA CGM is continuing its focus on alternative fuels announcing an order for a total of seven new box ships which it pledges to operate on biogas. The dual-fuel containerships will also be part of an...
CorPower Ocean, Maersk Supply Service & Dieseko Add 1st UMACK Anchor

CorPower Ocean, Maersk Supply Service & Dieseko Add 1st UMACK Anchor

By The Maritime Executive
September 22, 2022
CorPower Ocean, Maersk Supply Service and Dieseko have successfully installed the first commercial-scale UMACK anchor to support the HiWave-5 demonstration project. The novel anchor has been instal...
Wider Chooses MAN 175D for Latest Generation Hybrid-Propulsion System

Wider Chooses MAN 175D for Latest Generation Hybrid-Propulsion System

By The Maritime Executive
September 22, 2022
Wider in Italy has selected a pair of MAN 12V175D-MEV marine variable-speed genset engines for its new Moonflower 72 Project. The Wider serial hybrid propulsion system is made up of two 1,860 kW-rated...
St. Johns Shipbuilding Lays the Keel for its First Jones Act CTV

St. Johns Shipbuilding Lays the Keel for its First Jones Act CTV

By The Maritime Executive
September 22, 2022
The offshore wind industry on the U.S. East Coast is beginning to take off, and when the first large-scale installations go into the water, operators will need a fleet of service vessels to get techni...
Freight Forwarders & NVOCCs Struggle to Monitor Movement of Containers

Freight Forwarders & NVOCCs Struggle to Monitor Movement of Containers

By The Maritime Executive
September 22, 2022
On the lines of the launch of Container Control, a revolutionary, first-of-its-kind technology platform for freight forwarders and NVOCCs worldwide, Container xChange published results of its recent p...
“Fat Leonard” Caught in Venezuela While Trying to Reach Russia

“Fat Leonard” Caught in Venezuela While Trying to Reach Russia

By The Maritime Executive
September 22, 2022
Interpol Venezuela is reporting the capture of Leonard Francis, the mastermind behind the U.S. Navy bribery scandal known as “Fat Leonard.” Two and a half weeks ago, Francis had escaped house arrest i...

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