Friday, November 6, 2026

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Fred. Olsen Designs Novel Floating Foundation for Offshore Wind

Fred. Olsen Designs Novel Floating Foundation for Offshore Wind

Norwegian company Fred. Olsen 1848 has launched a modular floating wind turbine foundation that offers the prospect of large-scale production at low cost. The company announced that after several y...

Indonesia Arrests Boxship for Carrying Banned Palm Oil Exports

Indonesia Arrests Boxship for Carrying Banned Palm Oil Exports

Indonesia is taking a ban on refined palm oil exports seriously, its navy said in a statement Saturday. On Saturday, the nation's armed forces intercepted a container ship at sea and arrested it for a...

Coastal and Marine Carbon Offsets are Taking Root

Coastal and Marine Carbon Offsets are Taking Root

[By David Adam] Where there’s muck there’s brass”, goes an old saying from northern England. Brass is slang for money, and those with a lot of it are today eyeing up with great interest a particula...

Port of Saldanha Bay Could Boost South Africa's Container Capacity

Port of Saldanha Bay Could Boost South Africa's Container Capacity

Plans are underway in South Africa to develop an international business zone at the deep draft Port of Saldanha Bay, located 65 miles to the north of Cape Town, to provide for the transportation needs...

NorthStandard Proposal Gathers Support

NorthStandard Proposal Gathers Support

[By: JLA] Consolidation has long been predicted in the mutual P&I sector, but the proposed merger of marine insurance majors North P&I and the Standard Club has still taken many by surprise. Bot...

MPA Investigates Bunker Fuel Contamination in Singapore Port

MPA Investigates Bunker Fuel Contamination in Singapore Port

[By: MPA] Update on MPA’s Investigation of Bunker Fuel Contamination in Singapore Port     The Maritime and Port Authority of Singapore (MPA) was notified on 14 March 2022 that a number of ships...

Navios Maritime Announces Acquisition of Four Newbuilding Tankers

Navios Maritime Announces Acquisition of Four Newbuilding Tankers

[By: Navios Maritime Partners] Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, announced today that it agreed to...

MMA Offshore Sells its Batam Shipyard

MMA Offshore Sells its Batam Shipyard

Australian company MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia, to Wasco Engineering Group for a total of $15 million. The offshore support vessel operator and service...

European Commission Adds Three More Yards to the EU SRR List

European Commission Adds Three More Yards to the EU SRR List

The European Union has added three new yards and extending the authorization of two others to its list of approved ship recycling facilities. The European Commission announced that DECOM Amsterdam...

Maritime Executive

Kenya Enters Talks With U.S. on Free Trade Agreement

Optimism is building up in Kenya after the Biden administration sanctioned formal negotiations that could see the two countries sign a free trade agreement (FTA), following a prolonged period of uncer...