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Report: Soaring Boxship Prices Make China the Top Shipowner by Value

By The Maritime Executive

November 24, 2021

China has become the world’s top shipowning nation by fleet value, displacing longtime leader Japan, according to consultancy VesselsValue. Since January, the country has seen the total value of it...

ICS Makes Last Call for Decarbonization Research Fund at MEPC

By The Maritime Executive

November 24, 2021

The push to decarbonize the shipping industry is facing a vote of confidence as top government officials from 174 countries converge in London, and the International Chamber of Shipping's proposed dec...

Finnlines Launches Third "Eco" Hybrid Ro-Ro in China

By The Maritime Executive

November 24, 2021

Finnlines is set to take delivery of its third hybrid ro-ro vessel, Finneco III, recently launched at China Merchants Jinling Shipyard (Jiangsu). The new carrier is part of Finnlines’ ongoing $560 mil...

Servo Yacht Develops Technology to End Seasickness

By The Maritime Executive

November 24, 2021

An American company plans to commercialize an electric suspension technology designed to provide seasickness relief for passengers. California-based Servo Yachts said the new marine stabilization d...

Defying China Coast Guard, Philippine Navy Finishes Supply Mission

By The Maritime Executive

November 23, 2021

Defying earlier interference from the China Coast Guard, Philippine Navy supply vessels have reached the military outpost at Second Thomas Shoal (Ayungin Shoal), delivering food and other needed goods...

Four Children, Two Adults Killed in Ferry Capsizing in Sri Lanka

By The Maritime Executive

November 23, 2021

[Brief] At least six people were killed Tuesday when a ferry capsized in Sri Lanka, putting dozens of passengers into the water. The ferry flipped over at about 0730 hours while crossing a lagoon...

WinGD Expects Methanol and Ammonia-Fueled Engines By 2024 and 2025

By The Maritime Executive

November 23, 2021

Swiss engine designer WinGD (Winterthur Gas & Diesel) has become the latest major engine manufacturer to provide its timeframe for the expected introduction of methanol and ammonia engines. The compan...

Railroads Restoring Limited Service to Port of Vancouver

By The Maritime Executive

November 23, 2021

Limited rail service was restored to the Port of Vancouver, Canada on November 23 more than a week after torrential rains washed out roads and rail lines in the province of British Columbia. Officials...

Israel Identifies Two Iranian Drone Bases Used to Strike Shipping

By The Maritime Executive

November 23, 2021

Israel's defense ministry has identified two drone bases in southern Iran which have allegedly been used to launch armed drones against maritime targets in the Gulf of Oman. "I reveal to you two c...

Norway’s Fred. Olsen to Develop New Offshore Wind Technologies

By The Maritime Executive

November 23, 2021

Norway’s Olsen family’s investment company Bonheur is expanding its already sizeable operations in the offshore energy industry seeking to become a leader in developing and commercializing new technol...

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