Search Results for "how to buy ships"

MarineShaft Repairs Propeller Shaft with Sever Deflection

By The Maritime Executive

July 7, 2021

A skeptic person would for sure write off a 19-meter-long propeller shaft that had a deflection of 7.7 degrees. Most people would probably think that this bent propeller shaft was not repairable and s...

Drewry Forecasts Record $100B Profit for Ocean Carriers

By The Maritime Executive

July 6, 2021

Shipping companies are projected to defy huge operational disruptions ignited by COVID-19 pandemic, port congestion and container shortage to post a cumulative profit of $100 billion in 2021. Globa...

Global Orderbook at Seven-Year High After Strong Start to 2021

By The Maritime Executive

July 6, 2021

The global shipbuilding industry is benefitting from the strong rebound in shipbuilding orders coming from the shipping community in 2021. According to six-month data from the market research firm Cla...

HHLA Unveils Novel Design for Hyperloop Cargo Network

By The Maritime Executive

July 6, 2021

German terminal operator Hamburger Hafen und Logistik AG (HHLA) has unveiled a new concept for a hyperloop-based containerized freight transport system. Developed in collaboration with the startup Hyp...

Xeneta: Container Rates Remain High, but Increases are Slowing

By The Maritime Executive

July 6, 2021

After numerous reports of the rapid rise in long-term contracted freight rates to record levels, there may be some signs of a slowing in the increases - but no relief for the financially battered ship...

Video: Fifth Section of Golden Ray Wreck Hoisted and Removed

By The Maritime Executive

July 6, 2021

Salvors have hoisted and removed the fifth section of the grounded ro/ro Golden Ray, which went aground in St. Simons Sound, Georgia in September 2019. With the 2021 hurricane season now under way, tw...

Newport Shipping Says Shipowners Delaying Installing BWT Systems

By The Maritime Executive

July 6, 2021

Shipowners that are dragging their heels in installing ballast water treatment (BWT) systems in an effort to save money could end up paying a much higher price in the long run, according to Newport Sh...

CDC Appeals Court Decision in Attempt to Maintain Cruise Restrictions

By The Maritime Executive

July 6, 2021

In the latest turn in the ongoing legal fight between the Centers for Disease Control and Florida over the restrictions on cruise ships sailing from U.S. ports, the CDC filed an appeal in federal cour...

More Shipping Companies Testing Biofuel in Operations

By The Maritime Executive

July 6, 2021

A growing number of shipping companies in different parts of the industry are continuing to experiment with the use of biofuels as a near-term means of improving the environmental performance of their...

NGO Appeals to EU for Port of Safety for Vessel Loaded with 572 People

By The Maritime Executive

July 6, 2021

The NGO SOS Mediterranee is appealing to the European Union to intervene to assist in arranging for a safe port for its rescue vessel, which is heavily loaded with migrants saved in the past few days...

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