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Russia May Create Safe Corridor to Release Foreign Ships From Ukraine

Russia May Create Safe Corridor to Release Foreign Ships From Ukraine

By The Maritime Executive
March 24, 2022
One month after it trapped dozens of foreign ships in Ukraine and damaged five with missile strikes, the government of Russia claims that it will now allow foreign-flag vessels to depart through a saf...
BP Targets Japanese Offshore Wind as Japan Conducts Third Auction

BP Targets Japanese Offshore Wind as Japan Conducts Third Auction

By The Maritime Executive
March 24, 2022
As Japan seeks to accelerate the development of its offshore wind power generation capabilities, the market is continuing to attract majors to the opportunities. In the latest development, BP announce...
DOT Will Award Additional $2.9 Billion in Major Infrastructure Grants 

DOT Will Award Additional $2.9 Billion in Major Infrastructure Grants 

By The Maritime Executive
March 24, 2022
The Department of Transportation announced a new combined funding program from the bipartisan infrastructure bill designed to provide grants for large projects. The new process seeks to simplify the a...
Welcome to Asset World

Welcome to Asset World

By Erik Kravets
March 24, 2022
Asset prices are on the rise, signaling a new wave of inflation. Federal Reserve Chairman Jerome Powell and his counterparts like European Central Bank board member Fabio Panetta have described inf...
Cruise Ships and Ferries Offer Housing for Displaced Ukrainians 

Cruise Ships and Ferries Offer Housing for Displaced Ukrainians 

By The Maritime Executive
March 24, 2022
With the number of Ukrainians having fled their homeland surpassing nearly four million people and expected to continue to grow, relief organizations and countries across Europe are struggling to prov...
Video: Russian Tank Landing Ship Explodes at Port of Berdyansk

Video: Russian Tank Landing Ship Explodes at Port of Berdyansk

By The Maritime Executive
March 24, 2022
A Russian Navy amphib exploded and burned at the captured port of Berdyansk, Ukraine on Thursday, just days after Russian state media released video footage of military cargo operations at the pier. T...
Video: Improperly Loaded Cargo Ship Heels Over in India Losing Boxes

Video: Improperly Loaded Cargo Ship Heels Over in India Losing Boxes

By The Maritime Executive
March 24, 2022
A small containership registered in Bangladesh heeled over and partially sank at India’s Kolkata (formerly Calcutta) port on Thursday sending crewmembers running for safety and numerous boxes falling...
Brazil Fines Hoegh and Settles Charges of Collusion with Other Lines

Brazil Fines Hoegh and Settles Charges of Collusion with Other Lines

By The Maritime Executive
March 24, 2022
Brazil became the latest country to take action against the car carriers announcing that it has completed a nearly six-year investigation following similar efforts ranging from Australia to South Kore...
The Islamic State's Maritime Operations: Fighting, Fishing and Filming

The Islamic State's Maritime Operations: Fighting, Fishing and Filming

March 24, 2022
[By Lucas Webber] In 2004, two US Navy personnel and one member of the Coast Guard were killed in a blast while attempting to board a boat near the Khawr Al Amaya oil terminal off Basra. Two other...
190 Containers Lost and Damaged in Collapse on Maersk Chartered Ship

190 Containers Lost and Damaged in Collapse on Maersk Chartered Ship

By The Maritime Executive
March 24, 2022
Another containership has reportedly fallen victim to storms in the Northern Pacific. Maersk is confirming reports that a chartered containership it operates suffered “a very serious incident,” with a...

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