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U.S. Coast Guard Rescues Nine from Burning Rig in Texas

U.S. Coast Guard Rescues Nine from Burning Rig in Texas

By The Maritime Executive
February 25, 2022
The U.S. Coast Guard was called in by the local fire and police departments to assist with a fire on a jack-up rig that was being decommissioned near Sabine Pass, in Port Arthur Texas. Nearby resident...
Danica: Ukrainian Seafarers Face New Crew Change Challenges

Danica: Ukrainian Seafarers Face New Crew Change Challenges

By The Maritime Executive
February 25, 2022
Danica Crewing Specialists, one of the leading crewing agencies for Ukrainian and Russian seafarers, has an office in Odessa with more than 50 staff. It supplies some 1,500 Ukrainian and 300 Russian s...
PALFINGER Announces Record Year in 90 Year History

PALFINGER Announces Record Year in 90 Year History

By The Maritime Executive
February 25, 2022
[By: PALFINGER] For the company’s 90th anniversary, PALFINGER AG looks back on an outstanding fiscal year 2021. Thanks to strong demand worldwide, the Bergheim/Austria-based group has raised the ba...
Asiatic Lloyd Maritime Digitalizes Fleet with KDI’s Vessel Insight

Asiatic Lloyd Maritime Digitalizes Fleet with KDI’s Vessel Insight

By The Maritime Executive
February 25, 2022
[By: Kongsberg Digital] Kongsberg Digital (KDI) has signed a contract with Asiatic Lloyd Maritime (ALM), a leading shipowner based in Singapore and Hamburg, to integrate KDI’s Vessel Insight into A...
Fincantieri Build 6 Marine Robotic Vessels for Ocean Infinity

Fincantieri Build 6 Marine Robotic Vessels for Ocean Infinity

By The Maritime Executive
February 25, 2022
[By: Fincantieri] Fincantieri will design and build 6 marine robotic vessels for Ocean Infinity. The series scales up the “Armada” fleet to 23 vessels becoming the largest in the world by far. T...
Rolls-Royce Power Systems Business Unit Announces Strong 2021 Results

Rolls-Royce Power Systems Business Unit Announces Strong 2021 Results

By The Maritime Executive
February 25, 2022
[By: Rolls-Royce] Rolls-Royce business unit Power Systems ends the year 2021 with a satisfactory growth in profits despite pandemic. The underlying profit of £242 million (€282 million) significant...
Merchant Ships Attacked and on Fire off Ukraine 

Merchant Ships Attacked and on Fire off Ukraine 

By The Maritime Executive
February 25, 2022
Merchant ships continue to be targeted in the escalating Russian war on Ukraine while security analysts are warning vessels to leave the area due to the increased danger. The crew of a small chemical...
U.S. Sanctions UAE-Based Shipmanager for Helping Houthi Rebels

U.S. Sanctions UAE-Based Shipmanager for Helping Houthi Rebels

By The Maritime Executive
February 24, 2022
On Wednesday, the U.S. Department of the Treasury blacklisted a shipmanager for allegedly helping an Iranian-run network to funnel millions of dollars into Yemen for use by the Houthi rebel group. The...
"Unreliable" Russian Gas Gives EU a New Reason for Green Transition

"Unreliable" Russian Gas Gives EU a New Reason for Green Transition

By The Maritime Executive
February 24, 2022
In a press conference Thursday night, European Commission President Ursula von der Leyen said that the EU's plans for a green hydrogen economy are now a national security issue, not just an environmen...
Cargotec-Konecranes Merger Clears Hurdle with EU Conditional Approval 

Cargotec-Konecranes Merger Clears Hurdle with EU Conditional Approval 

By The Maritime Executive
February 24, 2022
The proposed merger of two of the leading providers of cargo handling equipment, Cargotec and Konecranes, cleared an important regulatory hurdle winning conditional approval from the European Commissi...

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