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Norway’s Eksfin Tops NOK 10bn in Offshore Wind Financing

Norway’s Eksfin Tops NOK 10bn in Offshore Wind Financing

[By: Eksfin] Export Finance Norway (Eksfin) has reached a new milestone of NOK 10.3bn (EUR 1.04bn) in loans and guarantees for offshore wind projects worldwide. Its latest loan guarantee relates...

Video: 10 Tows in 7 Days as Pacific Northwest Crab Season Gets Started

Video: 10 Tows in 7 Days as Pacific Northwest Crab Season Gets Started

For the first time in years, the Pacific Northwest Dungeness Crab fishery has opened on time - but the scramble for the region's most valuable catch is creating safety concerns, according to the U.S....

Maritime Executive

U.S. Navy Contests State Order to Drain Red Hill Tank Farm

Hawaii's Department of Health has ordered the U.S. Navy to drain and empty the strategic Red Hill fuel storage facility, a 250-million-gallon tank farm carved into solid rock on the outskirts of Honol...

Storm Clouds Over Ukraine Threaten the Prospects of the Eurasian Canal

Storm Clouds Over Ukraine Threaten the Prospects of the Eurasian Canal

As Russia weighs the possibility of invading Ukraine, it may be jeopardizing a maritime project which would benefit all of the region’s economies. The proposed Eurasian Canal would improve trade conne...

Margaritaville Plans to Rebrand Bahamas Paradise Cruise Line

Margaritaville Plans to Rebrand Bahamas Paradise Cruise Line

Margaritaville Hotels & Resorts is becoming the latest travel and leisure brand to expand its operations to cruise ships. The company inspired by famed singer Jimmy Buffett has formed a new partnershi...

Video: Salvage of Reefer Boxship from Seawall in Japan

Video: Salvage of Reefer Boxship from Seawall in Japan

The Japan Coast Guard reported the successful salvage operation for the reefer cargo ship Lady Rosemary that had struck a harbor seawall while departing the port of Hakata in Fukuoka, Japan on Novembe...

Debris Removal from X-Press Pearl Begins as Salvage is Contracted

Debris Removal from X-Press Pearl Begins as Salvage is Contracted

The first phase of the salvage efforts has begun at the wreck site of the containership X-Press Pearl that sunk off Colombo, Sri, Lanka in June 2021. This comes as the vessel’s owners reported that th...

How Europe's Border Agency Works With Libya to Turn Back Migrants

How Europe's Border Agency Works With Libya to Turn Back Migrants

Around 5 p.m. on Feb. 4, roughly 70 miles north of Libya, a white reconnaissance plane with a camera on its underside circled a raft that was carrying over a hundred desperate migrants trying to cross...

Eastern Shipbuilding Delivers Second Staten Island Ferry, Sandy Ground

Eastern Shipbuilding Delivers Second Staten Island Ferry, Sandy Ground

Today, Eastern Shipbuilding Group, Inc. (ESG) announced the completion of the second Ollis Class Staten Island Ferry for the City of New York Department of Transportation (NYCDOT) Staten Island Ferry...

Photos: Ice Hampers Firefighting Efforts Aboard Burning Bulker

Photos: Ice Hampers Firefighting Efforts Aboard Burning Bulker

Swedish authorities are receiving additional support from the Norwegian Coast Guard and a commercial offshore vessel as they reported conditions remained difficult and that there were worrying new dev...