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Royal Caribbean Group Amends Credit Facility

Royal Caribbean Group Amends Credit Facility

By The Maritime Executive
January 15, 2023
Royal Caribbean Group (NYSE: RCL) (the "Company") today announced that it has successfully amended and extended the majority of its two unsecured revolving credit facilities.  The amendment has extend...
ABS Carbon Capture and Alternative Fuels Trends            

ABS Carbon Capture and Alternative Fuels Trends            

By The Maritime Executive
January 15, 2023
The International Maritime Organization’s (IMO) goal of reducing the total annual greenhouse gas emissions from international shipping will take a combination of infrastructure, technologies and fuels...
Silversea Cruises Hires Massimo Brancealeoni as SVP Global Sales

Silversea Cruises Hires Massimo Brancealeoni as SVP Global Sales

By The Maritime Executive
January 15, 2023
Silversea Cruises®, the leading ultra-luxury cruise line, has enriched its global sales team to propel its continued growth, welcoming cruise industry veteran Massimo Brancaleoni as SVP Global Sales....
Jackie Q. Carter Selected to Serve as Director of Port of Milwaukee

Jackie Q. Carter Selected to Serve as Director of Port of Milwaukee

By The Maritime Executive
January 15, 2023
Mayor Cavalier Johnson has selected Jackie Q. Carter to serve as Municipal Port Director. In this position, Carter will direct commercial and recreational operations at Port Milwaukee, oversee a staff...
Climate Rules Are About to Become Real for International Trade

Climate Rules Are About to Become Real for International Trade

By The Lowy Interpreter
January 15, 2023
In 2023, climate rules in international trade become real. With the introduction of the European Union’s Carbon Border Adjustment Mechanism (CBAM), trade rules based on the carbon footprint of good...
U.S. Coast Guard Rescues Crew of Drifting Tug Off Maryland

U.S. Coast Guard Rescues Crew of Drifting Tug Off Maryland

By The Maritime Executive
January 15, 2023
On Saturday, the U.S. Coast Guard rescued seven crewmembers from a drifting tug about 30 miles off the coast of Ocean City, New Jersey.  At 0330 hours on Saturday morning, the crew of the St. Kitts...
Maritime Executive

Defying Sanctions, Iran Set New Oil Export Record in December

By The Maritime Executive
January 15, 2023
While Russia's oil exports declined in December under strict new Western restrictions, Iran shipped its sanctioned crude oil to market at a record pace, according to tanker tracking firm Vortexa. ...
After Bomb Hoax, Officials Find 2.4 Tonnes of Cocaine on Board Boxship

After Bomb Hoax, Officials Find 2.4 Tonnes of Cocaine on Board Boxship

By The Maritime Executive
January 15, 2023
The report of a bomb aboard the container ship MSC Lorena last month turned out to be false, but authorities turned up something else in her cargo: 2.4 tonnes of cocaine.  The Panamax boxship MSC L...
In Gift for Lobstermen, Congress Delays Whale-Conservation Rules

In Gift for Lobstermen, Congress Delays Whale-Conservation Rules

By Blake Earle
January 15, 2023
Maine lobster fishermen received a Christmas gift from Congress at the end of 2022: A six-year delay on new federal regulations designed to protect critically endangered North Atlantic right whales....
Ecosystem-Based Management Could Make Offshore E&P More Sustainable

Ecosystem-Based Management Could Make Offshore E&P More Sustainable

By The Maritime Executive
January 15, 2023
As demand for energy has risen in the last several decades, industrial exploitation of the deep ocean has intensified. The continued rise of the offshore oil and gas industry, and the emergence of new...

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