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Maersk Reports 2021 Earnings Will Exceed Forecasts by $1 to $2 Billion

Maersk Reports 2021 Earnings Will Exceed Forecasts by $1 to $2 Billion

By The Maritime Executive
January 14, 2022
Providing further evidence of the exceptional market conditions for the container shipping industry, A.P. Moller- Maersk reported that preliminary unaudited financial results for the fourth quarter of...
SCHOTTEL to Supply Propulsion Systems for New LNG Bunkering Vessel

SCHOTTEL to Supply Propulsion Systems for New LNG Bunkering Vessel

By The Maritime Executive
January 14, 2022
[By: SCHOTTEL] The German propulsion expert SCHOTTEL has been selected to supply main and auxiliary propulsion systems for an 8,000 cbm LNG bunkering vessel. Currently under construction at Chinese...
Sanmar Shipyards Signs First Contract of the New Year

Sanmar Shipyards Signs First Contract of the New Year

By The Maritime Executive
January 14, 2022
[By: Sanmar] Sanmar Shipyards has signed its first contract of 2022 with loyal client SMS Towage, the UK’s largest family-owned towage company.  The contract is for the purchase of Sirapinar XV,...
Interview: Jennifer Carpenter, CEO of the American Waterways Operators

Interview: Jennifer Carpenter, CEO of the American Waterways Operators

By The Maritime Executive
January 14, 2022
To start the new year, The Maritime Executive caught up with Jennifer Carpenter, president and CEO of the American Waterways Operators, for an update on what 2022 will look like on America's inland wa...
BOEM Begins Environmental Review for U.S. GoM Wind Lease Areas

BOEM Begins Environmental Review for U.S. GoM Wind Lease Areas

By The Maritime Executive
January 13, 2022
The U.S. Bureau of Ocean Energy Management announced Tuesday that it is opening the environmental-assessment phase for planned offshore wind lease sales in the U.S. Gulf of Mexico. The call area cover...
Survivors Commemorate 10th Anniversary of the Costa Concordia Disaster

Survivors Commemorate 10th Anniversary of the Costa Concordia Disaster

By The Maritime Executive
January 13, 2022
On January 13, residents of the Tuscan island of Giglio joined survivors of the Costa Concordia disaster to commemorate the cruise ship's grounding, which occured 10 years ago this Wednesday evening. ...
Fincantieri Floats Out New Cruise Ship for Viking

Fincantieri Floats Out New Cruise Ship for Viking

By The Maritime Executive
January 13, 2022
While the cruise industry is working through the operational challenges of the COVID-19 pandemic, it is still making long-term plans for better days ahead - including new vessels. On Wednesday, Fincan...
IMB: Global Piracy Reached a 28-Year Low in 2021

IMB: Global Piracy Reached a 28-Year Low in 2021

By The Maritime Executive
January 13, 2022
Maritime piracy and armed robbery attacks reached the lowest recorded level since 1994, according to the newly released annual report of the ICC International Maritime Bureau (IMB). The organization w...
Investors Acquire UK's North Star for Opportunities in Offshore Wind

Investors Acquire UK's North Star for Opportunities in Offshore Wind

By The Maritime Executive
January 13, 2022
Seeking to invest in the emerging opportunities in the offshore wind energy sector, Swiss-based private markets firm Partners Group has agreed to buy the UK firm North Star that has been building its...
Last Zumwalt-Class Destroyer Departs Bath Iron Works

Last Zumwalt-Class Destroyer Departs Bath Iron Works

By The Maritime Executive
January 13, 2022
USS Lyndon B. Johnson, the third and final hull in the Zumwalt-class destroyer series, has departed Bath Iron Works. The vessel has not technically been delivered: her hull, mechanical and electrical...

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