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Can LNG Replace Russian Gas in Europe?

Can LNG Replace Russian Gas in Europe?

By Ed Cox
March 1, 2022
European LNG imports reached a record high in January 2022 and could go a little higher if Russian pipeline gas supply falls, or even stops completely. But the best-connected European LNG terminals ar...
Felicity Ace Sinks with $400M in Lost Cars During Tow off Azores

Felicity Ace Sinks with $400M in Lost Cars During Tow off Azores

By The Maritime Executive
March 1, 2022
The car carrier Felicity Ace transporting nearly 4,000 cars for the Volkswagen Group sunk this morning, March 1, near the Azores, nearly two weeks after the vessel was devastated by a fire. Salvage cr...
Danica Steps Up to Help Ukrainian Seafarers Evacuate

Danica Steps Up to Help Ukrainian Seafarers Evacuate

By The Maritime Executive
March 1, 2022
Danica, one of the largest crewing agencies for Ukrainian seafarers, is helping its personnel to evacuate from Ukraine if they wish to escape the ongoing Russian invasion. It has also set up group hou...
Russian Invasion Could Disrupt Microchip Manufacturing, Wheat Supply

Russian Invasion Could Disrupt Microchip Manufacturing, Wheat Supply

By Brian Gicheru Kinyua
February 28, 2022
Shipping is amongst the many industries that will be impacted by the escalating Russian aggression in Ukraine. The operations of commercial ports in Ukraine have been halted as Azov and Black Seas tur...
ONE Suspends Container Bookings for Major Russian Ports

ONE Suspends Container Bookings for Major Russian Ports

By The Maritime Executive
February 28, 2022
Due to the effects of the Russian invasion of Ukraine, Japanese container line ONE has suspended all cargo bookings in and out of major Russian and Ukrainian seaports, the company announced Monday. It...
Turkey Closes Bosporus to All Warship Traffic

Turkey Closes Bosporus to All Warship Traffic

By The Maritime Executive
February 28, 2022
Turkey has formally invoked its authority to close the Dardanelles and the Bosporus to foreign warships, limiting the Russian Navy's Black Sea Fleet to the assets it has on hand.  The Russian task...
Hackers Deface AIS Data of Putin's Personal Yacht

Hackers Deface AIS Data of Putin's Personal Yacht

By The Maritime Executive
February 28, 2022
Anonleaks, a German group affiliated with the activist hacking organization Anonymous, has tampered with the AIS data for the personal yacht of Russian President Vladimir Putin. The hackers have re...
Yanmar Invests $21M in GetMyBoat to Drive Digital Transformation

Yanmar Invests $21M in GetMyBoat to Drive Digital Transformation

By The Maritime Executive
February 28, 2022
[By: Yanmar] Yanmar Holdings Co., Ltd. has announced that subsidiary, Yanmar America, has acquired a majority stake in GetMyBoat, the world’s largest boat rental and water experience marketplace, a...
RMC to Build Two RoPax Ferries for Australia and Tasmania Route

RMC to Build Two RoPax Ferries for Australia and Tasmania Route

By The Maritime Executive
February 28, 2022
[By: Rauma Marine Constructions] Rauma Marine Constructions has started the construction of the first of two next-generation RoPax car and passenger ferries ordered by the Australian shipping compa...
CCS Delivers World’s First Dual Fuel LNG Powered VLCC

CCS Delivers World’s First Dual Fuel LNG Powered VLCC

By The Maritime Executive
February 28, 2022
[By: China Classification Society] The world’s first LNG dual-fuel VLCC the YUAN RUI YANG is being delivered today February 28 at Dalian Shipbuilding Industry Company (DSIC) for shipping giant COSC...

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