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Shipowners React to Sweeping EU Carbon Emissions Plan

Shipowners React to Sweeping EU Carbon Emissions Plan

By The Maritime Executive
July 15, 2021
Shipowners' industry groups are raising concerns about the new European "Fit for 55" decarbonization plan, which will impose Europe's Emissions Trading Scheme (ETS) on vessel emissions for the first t...
Maritime Executive

$350 Million Expansion Planned for Grand Bahama Shipyard

By The Maritime Executive
July 15, 2021
Efforts are underway to expand the capabilities of the Grand Bahama Shipyard located at Freeport in the Bahamas. According to the government of the Bahamas, the new investment will be one of the bigge...
World’s Largest Sailing Ship Detained in UK due to Legal Dispute 

World’s Largest Sailing Ship Detained in UK due to Legal Dispute 

By The Maritime Executive
July 15, 2021
Update: Crotian media is reporting that the shipyard made a partial payment overnight to Star Clippers and the detention order has been withdrawn. AIS data confirms that the Golden Horizon has sailed...
ABS Classes First Floating Wind Farm Advancing Technology Development

ABS Classes First Floating Wind Farm Advancing Technology Development

By The Maritime Executive
July 15, 2021
In what is seen as a significant step forward in the development of floating offshore wind farms, the WindFloat Atlantic project located off Portugal became the world’s first offshore wind farm to ach...
Seaspan Raises $750M in "Blue" Bonds After Giant LNG-Boxship Orders

Seaspan Raises $750M in "Blue" Bonds After Giant LNG-Boxship Orders

By The Maritime Executive
July 15, 2021
The non-operating container ship owner Seaspan Corporation announced Wednesday that it has raised $750 million in "blue"-branded bonds, up 50 percent from a planned $500 million issuance. The funds wi...
Maritime Executive

Canada Provisionally Reopens Ports to Cruise Ships Starting November

By The Maritime Executive
July 15, 2021
As Canada continues to make progress in its efforts against COVID-19, the federal government announced provisional plans to reopen Canadian waters to international cruise ships as of November 1, 2021....
Royal Navy Switches its First Minehunting Crew to Autonomous-Boat Role

Royal Navy Switches its First Minehunting Crew to Autonomous-Boat Role

By The Maritime Executive
July 15, 2021
In a first, the Royal Navy is reassigning an experienced crew from its 1st Mine Countermeasures Squadron, removing them from the rotation for their vessel, and putting them in charge of autonomous min...
Positive COVID Tests on British Flagship HMS Queen Elizabeth

Positive COVID Tests on British Flagship HMS Queen Elizabeth

By The Maritime Executive
July 15, 2021
Britain’s newest flagship and the pride of the Royal Navy, the aircraft carrier HMS Queen Elizabeth is reporting a small number of cases of COVID-19 aboard the vessel after it departed the Mediterrane...
The Shearer Group, Inc. Welcomes Jacob Frost

The Shearer Group, Inc. Welcomes Jacob Frost

By The Maritime Executive
July 15, 2021
The Shearer Group, Inc. (TSGI) is pleased to announce a new  addition to its naval architecture, marine engineering & marine surveying firm, Jacob Frost! Jacob has joined TSGI as a naval architect....
ClassNK Issues GHG Verification Statement

ClassNK Issues GHG Verification Statement

By The Maritime Executive
July 15, 2021
[By: Class NK] While efforts to build a decarbonized society are being accelerated such as through strengthened GHG reduction targets in various countries and with the progress of sustainable finan...

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