Search Results for "how to buy ships"

Reshoring Can Reduce Freight Costs - But it May Prove Difficult

By The Maritime Executive

July 15, 2022

In the aftermath of the indiscriminate lockdowns in major manufacturing hubs in China, most western companies are examining reshoring and other alternative sourcing options. Reliability in supply chai...

U.S. Consulate Asks Mumbai Port Authority to Ban Russian Ships

By The Maritime Executive

July 15, 2022

The Mumbai Port Authority has reportedly requested intervention of the Ministry of External Affairs (MEA) over an alleged letter it received from the US Consulate in Mumbai. The letter, written las...

Food-Based Biofuels Face Scrutiny as War in Ukraine Cuts Grain Supply

By The Maritime Executive

July 15, 2022

As shipping pursues decarbonization goals, carriers are increasingly adopting biofuels as a clean alternative to fossil fuels. MSC, CMA CGM and Hapag Lloyd are among the carriers that have recently la...

Cunard’s Former Princess Becomes Latest Cruise Ship Sold for Scrap

By The Maritime Executive

July 15, 2022

Another one of the classic cruise ships which helped to lay the groundwork for today’s billion-dollar industry has reached the end of its long career. Introduced in 1977 as Cunard Line’s Cunard Prince...

RWE Joins Effort to Demonstrate H2 Production at Offshore Wind Farm

By The Maritime Executive

July 15, 2022

One of the technologies that are being actively explored seeks to combine offshore wind farms with the production of hydrogen. In the latest development, Germany’s energy giant RWE announced working w...

Basarnas Helps Repatriate Body of Deceased Crewmember

By The Maritime Executive

July 15, 2022

[Brief] Indonesian rescue agency Basarnas has helped remove the remains of a seafarer who was killed in an accident aboard a bulker in the Indian Ocean. The victim, identified as Philippine nation...

Sniffer Drones Monitor Ship's Emissions in Strait of Gibraltar

By The Maritime Executive

July 15, 2022

The European Maritime Safety Agency is again providing the Spanish Ministry of Transport, Mobility and Urban Agenda with the capacity to monitor sulfur and nitrogen emissions of passing ships in the S...

Developments in Congress Could Slow U.S. Offshore Wind

By The Maritime Executive

July 15, 2022

U.S. offshore wind developers have run into several legislative setbacks this week, including one that could affect progress on installation. An amendment added in the House to the National Defense Au...

Borr Drilling Reaches Terms for New Refinancing with Equity Offering

By The Maritime Executive

July 15, 2022

For the second time in 18 months, offshore drilling contractor Borr Drilling is reporting that it has reached terms with creditors to refinance the company. The heavily-leveraged company announce that...

Hunger Strike by DSME Subcontractors After Government Denounces Strike

By The Maritime Executive

July 15, 2022

Defying government calls for a settlement and pressure from fellow union members, the striking subcontractors at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) are vowing to fight on fo...

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