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Concordia Maritime Sells Half its Remaining Fleet

Concordia Maritime Sells Half its Remaining Fleet

By The Maritime Executive
September 16, 2022
Financially troubled product tanker operator Concordia Maritime announced a further sale of vessels reducing its fleet by nearly half as they now moved to take advantage of improved vessel valuations...
Concept Automates Ship Recycling in a Green, Circular Process

Concept Automates Ship Recycling in a Green, Circular Process

By The Maritime Executive
September 16, 2022
Disposal of retired ships in an environmentally-friendly and safe manner remains one of the largest challenges for the maritime industry. Despite government initiatives and watchdog groups, shipbreaki...
Typhoon Mufia Hits Shanghai and Damages Newbuild at Shipyard

Typhoon Mufia Hits Shanghai and Damages Newbuild at Shipyard

By The Maritime Executive
September 16, 2022
Typhoon Mufia left a path of damage and heavy rains as it made landfall four times in China, including passing over key seaports and one of China’s large shipyards near Shanghai. Belgium’s Jan De Nul...
U.S. Navy Decommissions Another Littoral Combat Ship Decades Early

U.S. Navy Decommissions Another Littoral Combat Ship Decades Early

By The Maritime Executive
September 16, 2022
The U.S. Navy has decommissioned the littoral combat ship USS Coronado after just eight years of service, freeing up financial resources to prepare for the high-end fight. She was the second in her cl...
Japanese Ferry to Test Berthing Aid Technology Using Satellites

Japanese Ferry to Test Berthing Aid Technology Using Satellites

By The Maritime Executive
September 16, 2022
Mitsui O.S.K. Lines (MOL) and its ferry operator, Ferry Sunflower, are launching a nearly seven-month trial of a technology system designed to aid vessels during berthing operations. The trial is the...
Gibraltar to Sink Stern Section of Grounded Bulker to Seabed

Gibraltar to Sink Stern Section of Grounded Bulker to Seabed

By The Maritime Executive
September 16, 2022
The salvage team working in Gibraltar on the wreck of the bulker OS 35 has decided to sink the remainder of the vessel to the seabed to prevent further damage from approaching heavy weather. The forwa...
Photos: U.S. Coast Guard Boards Foreign Fishing Vessels Off Galapagos

Photos: U.S. Coast Guard Boards Foreign Fishing Vessels Off Galapagos

By The Maritime Executive
September 15, 2022
The U.S. Coast Guard has carried out its first IUU fishing patrol under the flag of the South Pacific Regional Fisheries Management Organization (SPRFMO), the treaty organization for high seas fishing...
11th-Hour Deal Averts Nationwide Rail Strike

11th-Hour Deal Averts Nationwide Rail Strike

By The Maritime Executive
September 15, 2022
Overnight Wednesday, after a marathon 11th-hour negotiating session brokered by the White House, America's freight rail operators accepted unions' demands for unpaid medical leave for conductors, engi...
Russia and China Hold N. Pacific Naval Drills as Leaders Meet

Russia and China Hold N. Pacific Naval Drills as Leaders Meet

By The Maritime Executive
September 15, 2022
The Russian and Chinese navies have joined forces for a series of drills in the Pacific, coinciding with a meeting between their top political leaders in Samarkand.  As Russian President Vladimir P...
Russian Oligarch Sues to Regain Access to Two Detained Yachts

Russian Oligarch Sues to Regain Access to Two Detained Yachts

By The Maritime Executive
September 15, 2022
A sanctioned Russian oligarch is suing French authorities over the detention of two yachts, arguing that officials had no right to board them. According to EU officials, Alexey Kuzmichev is a suspe...

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