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Maritime Executive

TKMS Acquires MV Werften’s Wismar Yard to Build Submarines

By The Maritime Executive
June 10, 2022
German defense shipbuilder Thyssenkrupp Marine Systems completed the acquisition of the primary asset of the bankrupt MV Werften shipyard. They plan to restart the shipbuilding operations in Wismar as...
Maritime Executive

"No Standout Outcome" From IMO's Latest Greenhouse Gas Talks

By The Maritime Executive
June 10, 2022
At the IMO Marine Environment Protection Committee's 78th meeting (MEPC 78) this past week, little forward movement was observed on shipping's climate ambitions, though a majority of delegates support...
Maritime Executive

Frontline Acquires More Shares Tightening Grip on Euronav

By The Maritime Executive
June 10, 2022
Frontline and famed investor John Fredriksen are continuing to increase the pressure to complete their proposed merger with Euronav by acquiring additional shares of the Belgian shipping company. Fred...
Wiernicki: Carbon Capture Will be Key to Shipping's Green Transition

Wiernicki: Carbon Capture Will be Key to Shipping's Green Transition

By The Maritime Executive
June 10, 2022
In a keynote address at the Posidonia conference, ABS chief Christopher J. Wiernicki made a bold announcement: the class society believes that "net zero cannot realistically be delivered without effic...
Indonesian Navy Denies Seeking Cash Payment from Detained Tanker

Indonesian Navy Denies Seeking Cash Payment from Detained Tanker

By The Maritime Executive
June 10, 2022
Senior officers of the Indonesian Navy met with the media on Friday to deny reports of officers soliciting payments from tankers being detained in Indonesia waters. Reuters on June 9 published for the...
Decarbonizing the Maritime Sector: Mobilizing Coordinated Action

Decarbonizing the Maritime Sector: Mobilizing Coordinated Action

By Mikael Lind et al.
June 10, 2022
[By Mikael Lind, Wolfgang Lehmacher, Sara Åhlén Björk, Sandra Haraldson, Christopher Påhlsson, Risto Penttilä, Kirsi Tikka, and Richard T. Watson] The maritime industry is highly dependent on fossi...
Antarctica's Riskiest Glacier is Melting Away From Below

Antarctica's Riskiest Glacier is Melting Away From Below

By The Conversation
June 10, 2022
[By Ted Scambos] Flying over Antarctica, it’s hard to see what all the fuss is about. Like a gigantic wedding cake, the frosting of snow on top of the world’s largest ice sheet looks smooth and unb...
Auckland Welcomes First-of-a-Kind Electric Harbor Tug

Auckland Welcomes First-of-a-Kind Electric Harbor Tug

By The Maritime Executive
June 10, 2022
Ports of Auckland has taken delivery of its groundbreaking all-electric tug, Sparky, which arrived in New Zealand earlier this week.  Sparky is the world's first full-sized harbor tug. The 25-meter...
Orca AI to Provide Navigation Safety Platform for Maran Tankers

Orca AI to Provide Navigation Safety Platform for Maran Tankers

By The Maritime Executive
June 10, 2022
Orca AI, the developer of the first automated situational awareness platform, has partnered with Maran Tankers Management (MTM), to further develop the fleet’s situational awareness and safe navigatio...
Maritime Executive

Boskalis Wins Suit Over its Exit From Russian LNG Plant Contract

By The Maritime Executive
June 9, 2022
Boskalis has won a favorable judgement in a case related to its exit from Novatek's $21 billion Arctic LNG 2 project, which has been hit hard by sanctions on Russia's energy sector.  Boskalis held...

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