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Sign of VLCC Rebound as MOL Places Order for Japan’s First LNG Tankers

Sign of VLCC Rebound as MOL Places Order for Japan’s First LNG Tankers

By The Maritime Executive
August 25, 2022
The tanker market and specifically the VLCC segment is showing signs of the expected rebound from a cyclical low as Japan’s Mitsui O.S.K. Lines (MOL) placed its first new shipbuilding order for VLCCs....
The Maritime World Gets More (IoT) Connected

The Maritime World Gets More (IoT) Connected

August 25, 2022
Our world is becoming more and more connected. Just think about the apps we use on our mobile phones, fitness trackers, wearables and our connected vehicles with dynamic route planning and even remote...
SCHOTTEL Presents DP-Optimized Rudder Propeller for Offshore Wind

SCHOTTEL Presents DP-Optimized Rudder Propeller for Offshore Wind

By The Maritime Executive
August 25, 2022
With a new rudder propeller optimized for DP use, SCHOTTEL is meeting the growing requirements for W2W vessels to operate efficiently and reliably. The SRP-D (“Dynamic”) is a further improved variant...
Maritime Executive

Strike on Shell’s FLNG Prelude Ends After 76 Days

By The Maritime Executive
August 25, 2022
The protracted labor dispute between Shell and the union representing workers on its massive Prelude FLNG vessel off the coast of Australia has come to end with a tentative agreement. The mediated set...
Inpex Secures Permit to Study Subsea Carbon Storage Off Australia

Inpex Secures Permit to Study Subsea Carbon Storage Off Australia

By The Maritime Executive
August 24, 2022
A consortium led by Japanese gas company Inpex has won an assessment permit for a subsea carbon capture and storage site for its Ichthys LNG plant in Australia.  Inpex, together with Woodside and T...
One Dead After Pier Collapses at Keppel Shipyard

One Dead After Pier Collapses at Keppel Shipyard

By The Maritime Executive
August 24, 2022
The body of a worker has been recovered from the water after a pier collapsed underneath a crane at the Keppel Shipyard in the Tuas area of Singapore earlier this week. On Monday, a rail-mounted cr...
U.S. Navy Christens its Third Autonomous Crewboat

U.S. Navy Christens its Third Autonomous Crewboat

By The Maritime Executive
August 24, 2022
The U.S. Navy has added a third vessel to its fleet of medium-sized uncrewed workboats, which were first developed and unveiled by the Pentagon-run "Operation Overlord" program. The newly-christened M...
Video: Italian Coast Guard Rescues Nine Before Superyacht Sinks

Video: Italian Coast Guard Rescues Nine Before Superyacht Sinks

By The Maritime Executive
August 24, 2022
The Italian Coast Guard along with a Romanian vessel responded to a distress call in the Mediterranean on August 20. When they located the 131-foot super yacht Saga the vessel was reported to be in se...
Unite's Offshore Union Prepares for Possible Strike

Unite's Offshore Union Prepares for Possible Strike

By The Maritime Executive
August 24, 2022
Unite, the UK industrial union that represents dockers and offshore workers, is set to ballot offshore drilling and contract maintenance workers on the question of whether to go on strike.  The bal...
Canada-Germany Form Hydrogen Alliance for Atlantic Supply of Ammonia

Canada-Germany Form Hydrogen Alliance for Atlantic Supply of Ammonia

By The Maritime Executive
August 24, 2022
The first of many expected large agreements for the production and shipping of hydrogen was announced as a meeting between German Chancellor Olaf Scholz and Canadian Prime Minister Justin Trudeau conc...

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