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Complex Russian Price Cap Makes Maritime Visibility a Must

Complex Russian Price Cap Makes Maritime Visibility a Must

By Windward
December 14, 2022
Many commentators and analysts are speculating about the potential impact the Russian seaborne oil price cap will have on organizations and entities throughout the maritime ecosystem. With the Decembe...
Saverys Call for End of Euronav-Frontline Merger and Strategy Talks

Saverys Call for End of Euronav-Frontline Merger and Strategy Talks

By The Maritime Executive
December 14, 2022
A day after confirming that it has accumulated enough shares to block a full merger of Euronav and Frontline, Alexander Saverys, CEO of CMB, issued a letter to the board of Euronav calling for the ter...
Minority Shareholders Oust DOF Board Over Reorganization Plan

Minority Shareholders Oust DOF Board Over Reorganization Plan

By The Maritime Executive
December 14, 2022
In a surprise development that throws into question the financial reorganization of troubled offshore operator DOF, the company reported that its minority shareholders succeeded in ousting the board o...
Sudan Gets UAE Backing for a New $6 Billion Seaport

Sudan Gets UAE Backing for a New $6 Billion Seaport

By The Maritime Executive
December 13, 2022
The government of Sudan has signed a $6 billion agreement with a consortium from the UAE to build a new port on the Red Sea.  The site is about 125 miles to the north of the country's sole seaport,...
USACE Restarts Environmental Review for Oil Port's Access Channel

USACE Restarts Environmental Review for Oil Port's Access Channel

By The Maritime Executive
December 13, 2022
The U.S. Army Corps of Engineers is withdrawing its final environmental impact statement for a project to expand the Matagorda Ship Channel, the access waterway for the small seaport of Port Calhoun,...
Congress May Set Up a "National Commission on the Future of the Navy"

Congress May Set Up a "National Commission on the Future of the Navy"

By The Maritime Executive
December 13, 2022
After years of stop-and-start discussion about the future direction of the fleet, the U.S. Navy may soon get a congressional panel dedicated to reviewing its force structure. In June, in one of her...
Port of Felixstowe Deploys First Autonomous Trucks

Port of Felixstowe Deploys First Autonomous Trucks

By The Maritime Executive
December 13, 2022
[By Port of Felixstowe] In a ground-breaking move, Hutchison Ports' Port of Felixstowe is believed to be the first port in Europe to introduce autonomous terminal tractor units (ATs) into mixed tra...
Tanker Rescues Missing Sailboat After Massive Three Day Search

Tanker Rescues Missing Sailboat After Massive Three Day Search

By The Maritime Executive
December 13, 2022
A chemical tanker registered in Hong Kong reported a happy ending to a massive search spanning three days by the U.S. Coast Guard for an overdue sailboat missing on the U.S. East Coast. Two sailors, K...
Turkey Reaches Deal With Insurers on Tanker P&I Guarantee

Turkey Reaches Deal With Insurers on Tanker P&I Guarantee

By The Maritime Executive
December 13, 2022
Turkey has reached a compromise with Western marine insurers on the language of a newly-required confirmation letter for tanker coverage in Turkish waters, confirmed top insurer Gard in a statement Tu...
Savannah Expects to Clear Containership Backlog in Coming Weeks

Savannah Expects to Clear Containership Backlog in Coming Weeks

By The Maritime Executive
December 13, 2022
The Georgia Ports Authority expects to be able to use the current moderation in container volumes to catch up and finally clear the long backlog of vessels waiting outside the Port of Savannah. Port o...

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