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Wärtsilä Winds Down Engine Factory in Trieste, 450 Jobs Affected

Wärtsilä Winds Down Engine Factory in Trieste, 450 Jobs Affected

By The Maritime Executive
July 14, 2022
Technology company Wärtsilä plans to ramp down a plant in Trieste, Italy and centralize its European-area four stroke engine manufacturing in Vaasa, Finland. The decision is expected to affect about 4...
World’s First Electric Fast Ferry Is Ready to Enter Service

World’s First Electric Fast Ferry Is Ready to Enter Service

By The Maritime Executive
July 14, 2022
The world’s first fully electric and zero-emission fast ferry, classed as a high-speed craft, recently completed construction and is being delivered to its new homeport in Stavanger, Norway. After fin...
Drewry: Surplus of Six Million TEU Built Up by Carriers Will Recede

Drewry: Surplus of Six Million TEU Built Up by Carriers Will Recede

By The Maritime Executive
July 14, 2022
As the surge in container shipping grew in 2020 and 2021 carriers around the world were scrambling to find enough boxes to accommodate shipments while container manufacturers ramped up production to r...
Maersk and Kirby Awarded Beacon Wind Installation

Maersk and Kirby Awarded Beacon Wind Installation

By The Maritime Executive
July 14, 2022
Beacon Wind, an offshore wind farm being developed by Equinor and bp, has selected Maersk Supply Service in partnership with Kirby Offshore Wind, a subsidiary of Kirby Corporation, to lead the install...
Indonesia Jails and Fines Tanker Captain for Illegally Anchoring

Indonesia Jails and Fines Tanker Captain for Illegally Anchoring

By The Maritime Executive
July 14, 2022
Indonesian officials are confirming reports that a court on Batam ordered the captain of a crude oil tanker jailed and fined for illegally anchoring his vessel in Indonesian water south of the busy Si...
UK MAIB: Improper Mooring Arrangement Led to Chief Mate's Death

UK MAIB: Improper Mooring Arrangement Led to Chief Mate's Death

By The Maritime Executive
July 14, 2022
The UK MAIB has published a report on the death of a chief officer who was struck in the head by a tensioned mooring line aboard a bulker in 2021, finding that a short-handed operation and an unfamili...
CMA CGM Containership Inspected After Losing Boxes in the Indian Ocean

CMA CGM Containership Inspected After Losing Boxes in the Indian Ocean

By The Maritime Executive
July 14, 2022
A CMA CGM-operated containership has apparently suffered a container loss while crossing the Indian Ocean although the company is yet to provide details. CMA CGM only acknowledged that the APL  Vanda,...
Could France Help Australia Fix its Nuclear-Sub Dilemma?

Could France Help Australia Fix its Nuclear-Sub Dilemma?

By The Lowy Interpreter
July 14, 2022
[By Alan J. Kuperman] Recently-elected Australian Prime Minister Anthony Albanese faces a dilemma on nuclear submarines. Having received only a single day’s notice, and wanting to avoid looking wea...
Harland & Wolff Wins First Government Contract to Restore Mine Hunter

Harland & Wolff Wins First Government Contract to Restore Mine Hunter

By The Maritime Executive
July 14, 2022
Efforts to build a new Harland & Wolff business group are continuing to move forward with the company confirming today that it has received its first government defense contract. The contract, which i...
HMM Plans $11 Billion Investment for Growth and Diversification

HMM Plans $11 Billion Investment for Growth and Diversification

By The Maritime Executive
July 14, 2022
South Korea’s largest container shipping company HMM has become the latest carrier to announce growth plans fueled by the two-year surge in the container shipping industry. The company detailed a five...

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