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Maritime Executive

Maersk Reports Record-Setting $24 Billion Profit for 2021

Calling 2021 an exceptional year, A.P. Moller – Maersk reported year-end results producing the expected records, including the largest profit by any shipping company and the largest ever profit for an...

Wight Shipyard Co Announces Merger with Multinational Shipbuilder OCEA

Wight Shipyard Co Announces Merger with Multinational Shipbuilder OCEA

[By: Wight Shipyard] Britain’s leading aluminium shipbuilder, The Wight Shipyard Co. today announces an all-share merger with the complementary multinational shipbuilder OCEA to create a combined g...

World's First LNG-Fueled Newcastlemax Bulker Starts Maiden Voyage

World's First LNG-Fueled Newcastlemax Bulker Starts Maiden Voyage

Australian mining giant BHP has welcomed the delivery of the Mt. Tourmaline, the world’s first LNG-fueled Newcastlemax bulk carrier. The new vessel, which will transport iron ore between Western Austr...

Video: USCG Evacuates Crew of Sinking Fishing Vessel off Sitka

Video: USCG Evacuates Crew of Sinking Fishing Vessel off Sitka

The Coast Guard rescued two fishermen from their sinking vessel on Monday in Islet Passage, a sheltered bay near Sitka, Alaska. Watchstanders in the Sector Juneau Command Center received a call req...

Report: Crystal Cruises Closes Down and Lays Off U.S. Staff

Report: Crystal Cruises Closes Down and Lays Off U.S. Staff

Late today, an unconfirmed report surfaced saying that the U.S.-based Crystal Cruises, which was a marketing company and brand for Genting Hong Kong, is officially closing as of Wednesday, February 8....

Fisherman Survives Sinking off Yucatan By Clinging to Floating Cooler

Fisherman Survives Sinking off Yucatan By Clinging to Floating Cooler

On a routine voyage from Coatzacoalcos, Mexico to Port Manatee, Florida, the container feeder Queen B carried out a miraculous rescue: the crew spotted and saved a fisherman who had been adrift atop a...

Dutch Partners Plan Hydrogen Power Conversion for Second Inland Barge 

Dutch Partners Plan Hydrogen Power Conversion for Second Inland Barge 

Future Proof Shipping, a Dutch company dedicated to expanding the use of zero-emission shipping, is working to launch its second hydrogen-fueled inland container vessel. To support the project, which...

Video: Drones Search for Floating Debris in Port of Antwerp

Video: Drones Search for Floating Debris in Port of Antwerp

One of the challenges that all commercial ports face is keeping their waterways and the area around the piers free of floating debris that not only contributes to pollution but can also damage ships....

Genoa Police Seize 400 Kilos of Cocaine From MSC Shipping Container

Genoa Police Seize 400 Kilos of Cocaine From MSC Shipping Container

Customs officials in Genoa, Italy have seized more than 400 kilos of cocaine from a shipping container from Brazil, a haul valued at more than $34 million. The container arrived aboard the boxship...

Cows and Pigs Fuel World’s First Carbon Neutral PSV 

Cows and Pigs Fuel World’s First Carbon Neutral PSV 

U.S. offshore vessel operator Harvey Gulf International Marine reports taking another step in its sustainability effort giving it the world’s first carbon neutral Platform Supply Vessel (PSV). With th...