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U.S. Officials Confirm Ukrainian Strike on Russian Navy Cruiser

U.S. Officials Confirm Ukrainian Strike on Russian Navy Cruiser

The U.S. government believes that a Ukrainian missile strike was responsible for the sinking of the Russian cruiser Moskva in the Black Sea this week, defense officials confirmed Friday.  Ukraine's...

ExxonMobil Launches Study for Carbon Capture in South East Australia

ExxonMobil Launches Study for Carbon Capture in South East Australia

ExxonMobil is beginning design studies for a carbon capture hub to be located in South East Australia. They are joining a growing number of projects outlined to meet the Australian government’s goals...

Yang Ming Plans First LNG Containership Order for Taiwan

Yang Ming Plans First LNG Containership Order for Taiwan

Taiwan-based ocean carrier Yang Ming confirmed that it is moving forward with an order for five new 15,000 TEU containerships at will be fueled by LNG. The company joins the growing list of containers...

NGO Uses Infrared Cameras to Illustrate Methane Slip

NGO Uses Infrared Cameras to Illustrate Methane Slip

Methane slip, the release of unburnt methane into the atmosphere, remains one of the most hotly debated issues in the growing use of LNG for shipping. While the industry argues that significant progre...

Maritime Executive

Piracy Plummets in Gulf of Guinea

Southeast Asian waters are replacing the Gulf of Guinea as the most dangerous for commercial shipping, accounting for nearly half of piracy incidents in the first quarter of this year. The ICC Inte...

A New "Blue Deal" for Ocean Sustainability

A New "Blue Deal" for Ocean Sustainability

The fourth edition of the UNCTAD-led Oceans Forum was held in Geneva last week. It was a precursor to the upcoming 2022 UN Ocean Conference in Lisbon, slated to start on June 27. The proceedings of...

Havila Forced to Cancel Norway Sailing due to Russian Sanctions 

Havila Forced to Cancel Norway Sailing due to Russian Sanctions 

Havila Kystruten announced on Thursday, April 14, that it had canceled the next sailing of its Norwegian coastal cruise ship due to concerns that its insurance had been invalidated by the European Uni...

Carriers Diverting Shanghai Shipments as COVID Lockdown Continues

Carriers Diverting Shanghai Shipments as COVID Lockdown Continues

Three weeks into what was originally announced as a lockdown for a few days in Shanghai, China’s government has reiterated its zero-COVID policy prompting major shipping lines to advise customers to d...

As the EU Looks for More LNG, Egypt Prepares to Boost Output

As the EU Looks for More LNG, Egypt Prepares to Boost Output

Egyptian state-owned energy company EGAS has agreed to boost the nation's gas production and its LNG exports to the Italian market, helping Europe to replace volumes of Russian natural gas.  On Wed...

Former Hanjin Shipyard Receives Design Approval for LNG Containership

Former Hanjin Shipyard Receives Design Approval for LNG Containership

South Korea’s former Hanjin Shipyard, now known as HJ Shipbuilding, took another key step forward in its revitalization efforts announcing that it received design approval from Lloyd’s Register for it...