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ONE Purchases Controlling Interest in Three California Terminals

ONE Purchases Controlling Interest in Three California Terminals

By The Maritime Executive
December 27, 2022
Ocean Network Express (ONE) is acquiring a controlling interest in three container terminals in California as the five-year-old company moves forward with its investment strategies. Established in 201...
Fjord Line Rebuilds LNG Ships to Use MGO Due to High Fuel Costs

Fjord Line Rebuilds LNG Ships to Use MGO Due to High Fuel Costs

By The Maritime Executive
December 27, 2022
Citing the high cost of LNG, Norwegian ferry operator Fjord Line announced that it is rebuilding its two LGN-fueled passenger ferries for dual-fuel operations. While much of the shipping industry is m...
Mawani, MEDLOG Ink Deal to Build Logistics Park at King Abdulaziz Port

Mawani, MEDLOG Ink Deal to Build Logistics Park at King Abdulaziz Port

By The Maritime Executive
December 26, 2022
In the presence of HE Eng. Saleh Al-Jasser, Minister of Transportation and Logistics Services, the Saudi Ports Authority (Mawani) and MEDLOG, the logistics arm of the Mediterranean Shipping Company (M...
Will 2023 be the End of the Party for the Logistics Tech Sector?

Will 2023 be the End of the Party for the Logistics Tech Sector?

By Brian Gicheru Kinyua
December 26, 2022
With the end of a rather tumultuous year in shipping industry, it is important to highlight some of the trends that defined 2022 and has a probability of determining the 2023 outcome. Without doubt...
Maritime Executive

Protesters Call for Chinese Nationals to Leave China's Gwadar Port

By The Maritime Executive
December 26, 2022
Protests on the expansion of the Pakistan’s Gwadar Port, a key asset for China’s BRI( Belt and Road Initiative) in Asia, continue to escalate, potentially jeopardizing economic ties between China and...
European Investment Bank Sees Massive Green H2 Potential in Africa

European Investment Bank Sees Massive Green H2 Potential in Africa

By The Maritime Executive
December 26, 2022
The European Investment Bank (EIB) has called on Africa to harness its massive solar energy resource to produce cheap and abundant green hydrogen. Clean H2 is a $1 trillion untapped market that could...
New Analysis Counts the Cost of Maritime Chokepoint Closures

New Analysis Counts the Cost of Maritime Chokepoint Closures

By The Maritime Executive
December 26, 2022
The world’s 11 busiest maritime chokepoints are increasingly becoming vulnerable and prone to the risk of closure due to politics, piracy, vessel accidents and other causes - eventualities that could...
Eni Orders Second FLNG From Wison in Push to Maximize Production

Eni Orders Second FLNG From Wison in Push to Maximize Production

By The Maritime Executive
December 26, 2022
Italian oil company Eni has reached an agreement with Chinese oil and gas plant specialists Wison Heavy Industries to build a second floating liquefied natural gas (FLNG) facility for its Marine XII g...
China Launches Record Drills in Response to U.S. Support for Taiwan

China Launches Record Drills in Response to U.S. Support for Taiwan

By The Maritime Executive
December 26, 2022
Following the passage of the FY2023 National Defense Authorization Act, which enables substantial American support for Taiwan's defense, China launched a large-scale show of force in the Taiwan Strait...
COSCO Adds More Green Energy to Power Port of Tianjin

COSCO Adds More Green Energy to Power Port of Tianjin

By The Maritime Executive
December 26, 2022
COSCO Shipping completed the second phase of its project to create a green energy hub that the Port of Tianjin. One of China’s ten largest seaports and its northernmost port, COSCO is converting the t...

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