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Maritime Executive

Port Economics: Prof. Michael Dooms on Sustainable Port Development

In the past two years, the shipping and ports sector has seen a drastic transformation. Historically, container shipping has been a loss-making venture as overcapacity plagued the industry. For instan...

Association Alleges to FMC Maersk Cost it $180M in Denial of Service

Association Alleges to FMC Maersk Cost it $180M in Denial of Service

A U.S.-based shippers association has become the latest to file a complaint with the Federal Maritime Commission alleging a denial of service by a carrier during the surge in container shipping over t...

Video: Titanic Expedition Reveals New Details of Famous Wreck  

Video: Titanic Expedition Reveals New Details of Famous Wreck  

Almost 37 years to the day from when a team from Woods Hole Oceanographic Institution first located and photographed the wreck of the Titanic, a new expedition has returned with the most detailed imag...

Liverpool Dockworkers Scheduled Two-Week Strike for Late September

Liverpool Dockworkers Scheduled Two-Week Strike for Late September

The ongoing dispute between the union representing dockworkers and the UK’s major ports will shift to Liverpool with Unite the Union scheduling a strike at the port for the last two weeks of September...

Gibraltar Makes Progress at Pumping Oil from Wrecked Bulker

Gibraltar Makes Progress at Pumping Oil from Wrecked Bulker

Gibraltar continues to report making progress in its attempts to remove the oils aboard the bulker that hit another vessel at the beginning of the week. Teams are also working to contain the damage fr...

G7 Plans to Restrict Shipping of Russian Oil Using a Price Cap

G7 Plans to Restrict Shipping of Russian Oil Using a Price Cap

The G7 nations have reached a landmark decision to attempt to put a price cap on seagoing shipments of Russian oil, hoping to restrict the amount of money flowing to Moscow without an outright ban on...

NY/NJ Port Delays Carrier Container Imbalance Fee Three Months

NY/NJ Port Delays Carrier Container Imbalance Fee Three Months

After blaming a backlog of containers at the port for contributing to the congestion and delays, the Port Authority of New York and New Jersey has delayed the implementation of an “imbalance fee” that...

New CAT MPC100 Propulsion Control System has Redundancy Solution

New CAT MPC100 Propulsion Control System has Redundancy Solution

Caterpillar Marine announces the release of the new Cat® MPC100 Powertrain Control System that features a unique redundancy solution unlike any available to customers today. Designed for yachts, megay...

USCG Cutter Glen Harris Makes Third Drug Seizure in Gulf of Oman

USCG Cutter Glen Harris Makes Third Drug Seizure in Gulf of Oman

Continuing its mission in law enforcement and support of the Combined Maritime Forces operating in the Gulf of Oman and the surrounding region, the U.S. Coast Guard made another significant seizure of...

Korean Investors in K Shipbuilding Expand Buying Daehan Shipbuilding

Korean Investors in K Shipbuilding Expand Buying Daehan Shipbuilding

The South Korean investment company that acquired the former STX Offshore & Shipbuilding in 2021 has completed the acquisition of a second midsized shipbuilder as the government seeks to continue the...