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Maritime Executive

Former 7th Fleet Officer Pleads Guilty to Taking Bribes From GDMA

By The Maritime Executive
January 26, 2022
Cmdr. Stephen Shedd has become the latest in a string of U.S. Navy officials to plead guilty to federal bribery charges in connection with the Glenn Defense Marine Asia scandal, which has ensnared doz...
Video: OSV Strikes a Working Coast Guard Buoy Tender Twice

Video: OSV Strikes a Working Coast Guard Buoy Tender Twice

By Paul Benecki
January 26, 2022
A newly-released video shows a collision between an OSV and a U.S. Coast Guard buoy tender in Sabine Pass, shortly after the passage of Hurricane Delta in 2020. Though the casualty happened 15 months...
Creating OSVs Using Racing Technology for Improved Operations 

Creating OSVs Using Racing Technology for Improved Operations 

By The Maritime Executive
January 26, 2022
The demands on the offshore wind supply chain are mounting as more wind farms are being built that are both larger and further offshore. Designers are looking to make the vessels both more versatile a...
Container Rates Continue to Fluctuate While Charters Move Higher

Container Rates Continue to Fluctuate While Charters Move Higher

By The Maritime Executive
January 26, 2022
Container shipping rates continue to be highly volatile as the industry moves towards a traditionally slower period during the Lunar New Year celebrations and a traditional easing of volumes in the su...
CEO of Top Chemical-Tanker Firm Stolt-Nielsen Plans to Step Down

CEO of Top Chemical-Tanker Firm Stolt-Nielsen Plans to Step Down

By The Maritime Executive
January 26, 2022
Niels G. Stolt-Nielsen, the chief executive officer of the firm that bears his name, has announced his plans to step down from his role. In a statement, the firm said that he will continue as CEO and...
Royal Caribbean’s Last Original Ship Sold for Scrap After 50 Years 

Royal Caribbean’s Last Original Ship Sold for Scrap After 50 Years 

By Allan E. Jordan
January 26, 2022
The next to last of the 1960s purpose-built cruise ships that helped to build the modern cruise industry was beached yesterday in Pakistan to be broken up and recycled. Introduced in 1972 as the Sun V...
U.S. DOE Provides $25 Million for R&D and Demonstration of Wave Energy

U.S. DOE Provides $25 Million for R&D and Demonstration of Wave Energy

By The Maritime Executive
January 26, 2022
The U.S. Department of Energy will provide $25 million in funding to support increased research, development, and demonstration of technologies that harness wave power to create electricity. The fundi...
Royal Navy Delivers Relief Aid to Tonga

Royal Navy Delivers Relief Aid to Tonga

By The Maritime Executive
January 26, 2022
The Royal Navy patrol ship HMS Spey arrived at Tonga on Wednesday, and her crew have unloaded disaster relief supplies for communities hit by the Tonga-Hunga volcanic eruption and tsunami.  The for...
Peruvian Regulators Report Second Oil Release Off Lima

Peruvian Regulators Report Second Oil Release Off Lima

By The Maritime Executive
January 26, 2022
During spill-response efforts this week at the La Pampilla refinery complex near Lima, Peru, an additional eight barrels of oil leaked into the sea, according to environmental regulators.  The init...
Russia's Black Sea Fleet Deploys as Fears of an Invasion Mount

Russia's Black Sea Fleet Deploys as Fears of an Invasion Mount

By The Maritime Executive
January 26, 2022
On Wednesday, Russia's defense ministry reported that more than 20 ships of the Black Sea Fleet have been deployed for an exercise in the Black Sea.   The fleet departed the bases of Sevastopol and...

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