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Italy Seizes $700M Megayacht With Links to Putin

Italy Seizes $700M Megayacht With Links to Putin

The government of Italy has seized the megayacht Scheherazade in connection with EU sanctions on Russia, bringing an end to months of speculation about the vessel's fate.  Scheherazade has long bee...

Ukraine May Have Attacked Russian Frigate Near Snake Island

Ukraine May Have Attacked Russian Frigate Near Snake Island

Ukrainian forces may have successfully attacked another Russian Navy vessel in the Black Sea, according to Ukrainian member of parliament Oleksiy Goncharenko. In a social media statement, he claimed t...

Construction Begins in Cambodia on New $1.5B Port Built by China

Construction Begins in Cambodia on New $1.5B Port Built by China

Work is getting underway on the construction of Cambodia’s third major deep-water port being built at the southern city of Kompot near the Vietnamese border. The port project is projected to cost $1.5...

Maritime Executive

DOE Commits $2.3B in Funding for Carbon Capture and Storage Projects

The U.S. Department of Energy is committing more than $2.3 billion in additional funding to advance diverse carbon management approaches that reduce carbon dioxide (CO2) pollution by focusing on captu...

Prosecutors Document More Fraud as Tanker is Fined $3M in MARPOL Case

Prosecutors Document More Fraud as Tanker is Fined $3M in MARPOL Case

A district court judge in Delaware imposed a $3 million fine and five-year probation on Greek tanker company Liquimar Tanker Management and its vessel the Evridiki during the sentencing hearing on a M...

ILWU, UGC Negotiators Reach Collective Bargaining Agreement

ILWU, UGC Negotiators Reach Collective Bargaining Agreement

[By: ILWU Longshore] The negotiating committees representing Longshore workers from the International Longshore and Warehouse Union (ILWU) Local 4, and management from the United Grain Corporation...

GTT Receives Four New Tank Design Orders from Hudong Zhonghua

GTT Receives Four New Tank Design Orders from Hudong Zhonghua

GTT announces that it has received, in April 2022, an order from its partner the Chinese shipyard Hudong Zhonghua (HZ) for the tank design of the first four Liquefied Natural Gas Carriers (LNGC) for t...

Wan Hai Agrees to $850K Civil Penalty with FMC Over D&D Charges

Wan Hai Agrees to $850K Civil Penalty with FMC Over D&D Charges

Wan Hai has become the second major carrier recently fined by the Federal Maritime Commission over violations of the Shipping Act of 1984 as it relates to charging detention fees on containers. The Ta...

Wärtsilä to Enable Eastaway’s EEXI Through Power Limitation Solutions

Wärtsilä to Enable Eastaway’s EEXI Through Power Limitation Solutions

[By: Wärtsilä] The technology group Wärtsilä is supporting Eastaway Ship Management in reaching its decarbonisation targets by providing Power Limitation Solutions for six vessels. The solutions wi...

LNG Carriers Account for a Quarter of Shipping Emissions in the Arctic

LNG Carriers Account for a Quarter of Shipping Emissions in the Arctic

[By Nancy Bazilchuk] In 2021, just 26 natural gas tankers cruised through Arctic waters, as compared to the hundreds of fishing vessels that also ply these rich fishing grounds. But the giant ta...