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TSMC May Charter its Own Boxship to Transport Chip-Making Equipment

TSMC May Charter its Own Boxship to Transport Chip-Making Equipment

By The Maritime Executive
August 24, 2021
Taiwan Semiconductor Manufacturing Co.(TSMC), the Taiwanese world’s largest contract computer-chip maker, is reportedly planning to charter a container ship to transport manufacturing equipment to its...
Maritime Executive

Closing the Sanctions Due Diligence Gap for the Shipping Industry

By Ami Daniel
August 24, 2021
In May 2020, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) and the U.S. Coast Guard came out with a revolutionary advisory on sanctions compliance. In short, they set the regu...
Offshore Floating Solar Technology Receives World’s First Class AiP

Offshore Floating Solar Technology Receives World’s First Class AiP

By The Maritime Executive
August 24, 2021
For the first time, a floating offshore solar technology has received an Approval in Principle (AiP) from one of the leading classification societies. According to Bureau Veritas which issued the appr...
Crown Estate Launches Study of Wind Farms' Impact on Marine Ecosystems

Crown Estate Launches Study of Wind Farms' Impact on Marine Ecosystems

By The Maritime Executive
August 24, 2021
The UK royal family's property management firm, the Crown Estate, is set to carry out a research study on how massive offshore wind investments could impact marine ecosystems. The decision responds to...
Record Level of Maritime Smuggling Moving North Along California Coast

Record Level of Maritime Smuggling Moving North Along California Coast

By The Maritime Executive
August 24, 2021
The level of maritime smuggling activity has increased significantly, reaching record levels along the Southern and Central California coast this summer, according to U.S. Customs and Border Protectio...
OSV Crewmember Injured in Lifeboat System Test

OSV Crewmember Injured in Lifeboat System Test

By The Maritime Executive
August 24, 2021
A crewmember aboard the offshore supply vessel Avalon Sea was injured last Friday during a routine lifeboat system test for Exxon's Hebron platform, located off the coast of Newfoundland, Canada. ...
Hurtigruten Resumes Expedition Cruise Operations After 13 Months 

Hurtigruten Resumes Expedition Cruise Operations After 13 Months 

By The Maritime Executive
August 24, 2021
Thirteen months after Norway’s Hurtigruten suffered an embarrassing COVID-19 incident aboard one of its expedition cruise ships, the company resumed cruise operations as part of its newly created Hurt...
MOL to Develop Environmentally-Friendly Bulker with Tata Steel 

MOL to Develop Environmentally-Friendly Bulker with Tata Steel 

By The Maritime Executive
August 24, 2021
Japan’s Mitsu O.S.K. Lines (MOL) and Indian steel company Tata Steel announced that they will work together to develop an environment-friendly bulk carrier to transport raw materials to the steel mill...
Vessel Operations Begin Restart at China’s Ningbo Container Terminal

Vessel Operations Begin Restart at China’s Ningbo Container Terminal

By The Maritime Executive
August 24, 2021
Operations at the Chinese container terminal closed two weeks ago after a worker tested positive for COVID-19 are slowly starting to resume. The first ships have been permitted to depart and arrive at...
German Gov't Plans Trial Scale Plant for Power-to-Liquid Bunker Fuel

German Gov't Plans Trial Scale Plant for Power-to-Liquid Bunker Fuel

By The Maritime Executive
August 24, 2021
The German Federal Ministry of Transport and Digital Infrastructure (BMVI) plans to underwrite construction of the world's largest power-to-liquid production plant, part of its efforts to accelerate d...

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