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Spain Turns Away Maltese Tanker, Citing Russian Transshipment

Spain Turns Away Maltese Tanker, Citing Russian Transshipment

By The Maritime Executive
April 28, 2022
Spanish authorities turned away the Maltese-registered product tanker Black Star on Wednesday citing information from the EU that the vessel was carrying a transshipped Russian cargo. The 9,438 dwt ve...
To Protest Offshore Drilling, German Activists Turn Off Five Pipelines

To Protest Offshore Drilling, German Activists Turn Off Five Pipelines

By The Maritime Executive
April 28, 2022
On Wednesday, climate activists with the group "Last Generation" activated emergency shutdown valves at five oil pipeline stations in Germany. The objective, according to the activists, was to pressur...
TotalEnergies Takes $4.1B Writedown on Arctic LNG 2 Terminal

TotalEnergies Takes $4.1B Writedown on Arctic LNG 2 Terminal

By The Maritime Executive
April 28, 2022
TotalEnergies has revealed the price tag that EU sanctions have imposed for its holdings in the Arctic LNG 2 project, a giant natural gas shipping terminal under development on Russia's northern coast...
Longer Routes, Higher Prices: War in Ukraine Roils Commodity Markets

Longer Routes, Higher Prices: War in Ukraine Roils Commodity Markets

By The Maritime Executive
April 27, 2022
The invasion of Ukraine is likely to have deep and lasting impacts on commodity prices and shipping patterns, the World Bank warned in a new report released Wednesday. This will likely drive further i...
Maritime Executive

IMO Urges Ratification of Cape Town Agreement on Fishing Vessel Safety

By The Maritime Executive
April 27, 2022
The International Maritime Organization (IMO) has renewed the push for countries to ratify the Cape Town fishing vessel safety agreement to help tackle the perennial problem of illegal fishing. A d...
Ulstein Proposes Molten Salt Reactor Ship to Achieve Zero Emissions

Ulstein Proposes Molten Salt Reactor Ship to Achieve Zero Emissions

By The Maritime Executive
April 27, 2022
Norway’s Ulstein Group presented its unique vision for the future of zero-emission shipping with a design that would become the first ship to use a Thorium Molten Salt Reactor as its power source and...
First Chinese-Built Methanol-Fueled Tanker Begins Sea Trials

First Chinese-Built Methanol-Fueled Tanker Begins Sea Trials

By The Maritime Executive
April 27, 2022
Sea trials recently began for the Stena Pro Patria, the first methanol-powered dual-fuel tanker constructed in China. Built by Guangzhou Shipyard International the vessel is the first of six 49,990 du...
Maritime Executive

Russia Cuts Off Gas to Poland and Bulgaria, Highlighting Value of LNG

By The Maritime Executive
April 27, 2022
Russian state gas company Gazprom has informed its utility customers in Poland and Bulgaria that it will be shutting off their supply, penalizing them for refusing to pay in rubles. The political deci...
World’s First All Electric Bunker Tanker Enters Service in Japan

World’s First All Electric Bunker Tanker Enters Service in Japan

By The Maritime Executive
April 27, 2022
The world’s first electric-powered bunker tanker went into service yesterday in Japan after several weeks of testing and demonstrations. The 492 ton vessel is powered entirely by large-capacity lithiu...
Ruby Princess Draws Attention with 253 COVID Cases in Five Weeks

Ruby Princess Draws Attention with 253 COVID Cases in Five Weeks

By The Maritime Executive
April 27, 2022
Princess Cruises ship the Ruby Princess is drawing the attention of health authorities and the media after reports of several recent cruises with passengers testing positive for the COVID-19 virus. Wh...

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