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Sovcomflot Reduces Western Debt with Vessel Sales to Meet EU Sanctions

Sovcomflot Reduces Western Debt with Vessel Sales to Meet EU Sanctions

By The Maritime Executive
May 17, 2022
Sovcomflot has finalized the restructuring of its loan portfolio through the sale of more than 10 percent of the operator of tankers and gas carriers’ fleet. The sales were undertaken to meet the Euro...
PSA Norway Faults Equinor for Pipework Corrosion on Troll C Platform

PSA Norway Faults Equinor for Pipework Corrosion on Troll C Platform

By The Maritime Executive
May 17, 2022
The Petroleum Safety Authority Norway (PSA) says that it has identified regulatory breaches in connection with cracked gas coolers aboard the platform Troll C, and it has given state oil company Equin...
Rotor Sail Installed on Second Scandlines Hybrid Ferry

Rotor Sail Installed on Second Scandlines Hybrid Ferry

By The Maritime Executive
May 17, 2022
Scandlines, which operates ferries between Germany and Denmark, proceeded with the installation of its second rotor sail on one of its hybrid ferries. The company decided to install the rotor based on...
Network Shipping's Third-Party Cargo Program Delivers Robust Returns 

Network Shipping's Third-Party Cargo Program Delivers Robust Returns 

By Inchcape Shipping Services
May 17, 2022
The wholly-owned ocean logistics arm of fruit producer Fresh Del Monte has launched a brand makeover, including a revamped online presence, as it continues to organically grow its third-party freight...
World's Biggest Ammonia Producer Joins Center for Zero-Carbon Shipping

World's Biggest Ammonia Producer Joins Center for Zero-Carbon Shipping

By The Maritime Executive
May 17, 2022
The world's largest producer of ammonia has signed on to the shipping industry's leading clean-fuel technology consortium, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The center ann...
Canada Commits Cargo Vessels to Help Move Ukraine's Wheat

Canada Commits Cargo Vessels to Help Move Ukraine's Wheat

By The Maritime Executive
May 16, 2022
The government of Canada plans to help Ukraine export its stranded wheat to nations where it is in high demand, its foreign affairs minister announced on Monday.  Russia has blockaded Ukraine's sea...
USCG: Cruise Ship Entered Rocket Safety Zone Without Authorization

USCG: Cruise Ship Entered Rocket Safety Zone Without Authorization

By The Maritime Executive
May 16, 2022
 The U.S. Coast Guard has finished its investigation into the intrusion of a cruise ship into a designated safety zone during a rocket launch near Cape Canaveral in January, forcing the cancellation o...
Australia, US and UK Joint Mission Tests Autonomous Naval Technologies

Australia, US and UK Joint Mission Tests Autonomous Naval Technologies

By The Maritime Executive
May 16, 2022
Over the next 11 days, Australia in cooperation with the United States and the United Kingdom is conducting joint exercises at sea and its naval college, HMAS Creswell, testing the newest technologies...
In an Undersupplied Global Grain Market, India Bans Wheat Exports

In an Undersupplied Global Grain Market, India Bans Wheat Exports

By The Maritime Executive
May 16, 2022
As prices soar in the international grain trade, India has issued a sudden ban on wheat exports in order to support stable domestic prices and supply levels.  A brutal heat wave is expected to take...
Video: Japan Coast Guard Airlifts Crew After Cargo Ship Lists 

Video: Japan Coast Guard Airlifts Crew After Cargo Ship Lists 

By The Maritime Executive
May 16, 2022
[Brief]  A smaller domestic cargo ship reported to the Japan Coast Guard that its cargo had shifted, causing the vessel to lose stability and list to starboard during heavy weather off the east coast...

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