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BIMCO: Ukraine War Will Slow Growth, Hurting All Shipping 

BIMCO: Ukraine War Will Slow Growth, Hurting All Shipping 

By The Maritime Executive
March 7, 2022
While much of the focus to date has been on the near-term impact to the tanker and bulker markets from Russia’s invasion of the Ukraine, shipowners’ association BIMCO is looking toward the wider analy...
MSC’s First LNG Dual-Fuel ULCV Completes Sea Trials

MSC’s First LNG Dual-Fuel ULCV Completes Sea Trials

By The Maritime Executive
March 7, 2022
Construction is nearing completion in China on a 14,280 TEU containership which will become MSC’s first ultra-large container vessel as the shipping giant, which recently became the world’s largest co...
Russian Invasion Inflicts Collateral Damage on China's BRI Agenda

Russian Invasion Inflicts Collateral Damage on China's BRI Agenda

By Brian Gicheru Kinyua
March 7, 2022
China is reluctant to condemn Russia’s invasion in Ukraine. With a close diplomatic relation with Kremlin, Chinese officials have refused to call Russia’s war in Ukraine an “invasion” or even impose a...
Germany Speeds Plan for First LNG Terminal to Replace Russian Gas

Germany Speeds Plan for First LNG Terminal to Replace Russian Gas

By The Maritime Executive
March 7, 2022
Germany is moving forward with plans to accelerate the development of its first LNG import terminals as the country looks to reduce its dependence on Russian oil and gas. After the decision not to cer...
Report: Russian Patrol Ship Hit By Ukrainian Coastal Defenses

Report: Russian Patrol Ship Hit By Ukrainian Coastal Defenses

By The Maritime Executive
March 7, 2022
Ukraine's military claims to have hit a Russian patrol ship with a shore-based rocket attack, marking the first reported casualty for a Russian Navy vessel since the start of the invasion in February....
Lloyd Werft Sold by Administrator for Genting HK Bankruptcy

Lloyd Werft Sold by Administrator for Genting HK Bankruptcy

By The Maritime Executive
March 7, 2022
Germany’s Lloyd Werft shipyard in Bremerhaven has been sold as the provisional insolvency administrators work to unravel Genting Hong Kong’s failed operations. On Saturday, the administrator in German...
Port of Baltimore Welcomes New Container Shipping Line Service

Port of Baltimore Welcomes New Container Shipping Line Service

By The Maritime Executive
March 7, 2022
[By: Port of Baltimore] The Maryland Department of Transportation Maryland Port Administration (MDOT MPA), working closely with public-private partner Ports America Chesapeake (PAC), has attracted...
SEA-LNG Widens Skill Base as Newport Shipping Joins Coalition

SEA-LNG Widens Skill Base as Newport Shipping Joins Coalition

By The Maritime Executive
March 7, 2022
[By: SEA-LNG] SEA-LNG, a multi-sector industry coalition established to demonstrate LNG’s bene?ts as a viable marine fuel, today announces the membership of Newport Shipping UK LLP, the specialist...
Russian Energy Cargoes Encounter Protests on Arrival

Russian Energy Cargoes Encounter Protests on Arrival

By The Maritime Executive
March 7, 2022
Dockworkers at several facilities in the UK are refusing to handle Russian oil and LNG, prompting multiple ships to divert or wait at berth. The disruption is part of a growing public backlash against...
Back Story

Back Story

By Paul Benecki
March 6, 2022
For tour boats and harbor cruise operators, COVID-related health and safety concerns have led to a sharp drop in revenue from out-of-town visitors and corporate-event charterers. For ferry agencies, w...

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