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By Cutting Fuel Subsidies, China Takes Major Step on Fishery Reform

By Cutting Fuel Subsidies, China Takes Major Step on Fishery Reform

By Dialogue Earth
May 4, 2022
[By Zhou Wei] Shandong and Fujian provinces recently announced they will start paying “fishery stewardship” subsidies this year to fishing boat owners based there. These will replace the fuel subsi...
Maritime Executive

With LNG Demand Soaring, Cheniere Beats its Own Cargo Record

By The Maritime Executive
May 4, 2022
Cheniere Energy, the leading U.S. LNG terminal operator, set a new record for export volume in the first quarter of the year - and posted a surprising loss, despite soaring prices.  In an investors...
US Coast Guard Seeks Information to Purchase Commercial Icebreaker

US Coast Guard Seeks Information to Purchase Commercial Icebreaker

By The Maritime Executive
May 4, 2022
The U.S. Coast Guard released a formal request for information seeking to identify U.S.-built commercial icebreakers that might be available for purchase. With promises of funding from the Biden Admin...
ILWU Calls PMA Automation Report Self Serving Before Contract Talks

ILWU Calls PMA Automation Report Self Serving Before Contract Talks

By The Maritime Executive
May 4, 2022
Representatives of the West Coast labor union for longshore work took to Twitter to respond to a new study sponsored by the association representing the carriers and terminal operators promoting the b...
Russian-Linked Megayacht Scheherazade May Escape Sanctions

Russian-Linked Megayacht Scheherazade May Escape Sanctions

By The Maritime Executive
May 4, 2022
The $700 million megayacht Scheherazade may escape EU sanctions on Russia's wealthiest and most powerful citizens, despite suspicions that her true owner is Russian President Vladimir Putin himself. ...
Report: Sanctions Force Sovcomflot to Seek Sale of Tankers

Report: Sanctions Force Sovcomflot to Seek Sale of Tankers

By The Maritime Executive
May 4, 2022
Russian tanker shipping company Sovcomflot is reportedly scrambling in advance of the tightening ring of sanctions imposed on the company and the Russian oil industry. The latest report indicates that...
Maersk Reports Record Quarter While Cautioning of “Warning Clouds”

Maersk Reports Record Quarter While Cautioning of “Warning Clouds”

By The Maritime Executive
May 4, 2022
Shipping and logistics giant A.P.  Moller – Maersk confirmed earlier forecasts for a record start to 2022 with profits coming in at their highest levels while also continuing to sound notes of caution...
Cargill’s Ann Shazell Appointed New MACN Chair

Cargill’s Ann Shazell Appointed New MACN Chair

By The Maritime Executive
May 4, 2022
[By: MACN] The Maritime Anti-Corruption Network (MACN) has announced the appointment of Ann Shazell as Chair of the Board. Additionally, Captain Rajesh Unni was elected Vice Chair and Martin Krafft...
Armach's Karl Lander Promoted to Director, Regulatory Compliance

Armach's Karl Lander Promoted to Director, Regulatory Compliance

By The Maritime Executive
May 4, 2022
[By: Armach Robotics] Following its public launch in March 2022, Armach Robotics (Armach), the robotic hull-cleaning subscription service announces the strengthening of its team with the promotion...
OTG Clients Implement Compas Crew Management System

OTG Clients Implement Compas Crew Management System

By The Maritime Executive
May 4, 2022
[By: Compas] An increasingly competitive market for skilled seafarers is accelerating the evolution of sophisticated maritime HR systems to help develop and retain staff. In addition to the rece...

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