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Credit Suisse Fined $475M for Fraudulent Fishery Development Loan

Credit Suisse Fined $475M for Fraudulent Fishery Development Loan

By The Maritime Executive
October 21, 2021
In 2013-2014, three newly established Mozambican companies took out a $2.2 billion loan. They all had links to people in the inner circle of former Mozambican President Armando Guebuza, and the Mozamb...
As Major U.S. Hub Ports Struggle, Their Neighbors Want More Traffic

As Major U.S. Hub Ports Struggle, Their Neighbors Want More Traffic

By The Maritime Executive
October 21, 2021
The hub ports of Los Angeles, Long Beach and Savannah may be visibly struggling under the weight of hundreds of thousands of imported containers, but that can't be said of all their neighbors. As doze...
Maritime Executive

After Chinese Missile Test, U.S. Navy Speeds Up Hypersonic Research

By The Maritime Executive
October 21, 2021
After a surprisingly successful Chinese missile test in late July, the U.S. Navy is stepping up the development program for the Common Hypersonic Glide Body, the service's new ultra-high-speed strike...
California Takes Action to Relieve Record-Setting Port Congestion

California Takes Action to Relieve Record-Setting Port Congestion

By The Maritime Executive
October 21, 2021
With the onslaught of vessels continuing to arrive off Southern California’s ports and no signs of congestion easing both state and federal leaders are looking at all actions that can be taken to impr...
ReCAAP Reports Armed Robbery Persists in Singapore Strait

ReCAAP Reports Armed Robbery Persists in Singapore Strait

By The Maritime Executive
October 21, 2021
While global reports have indicated a strong overall decline in attacks and incidents against crews and their ships in 2021, cases of sea robberies, which in some cases are violent, persist in the Sin...
ECSA: Loopholes in FuelEU Program May Mean "Missed Opportunities"

ECSA: Loopholes in FuelEU Program May Mean "Missed Opportunities"

By The Maritime Executive
October 21, 2021
The European Community Shipowners’ Associations (ECSA) is continuing its criticism of the pending FuelEU Maritime regulations. The organization spoke out against the proposal in June 2021 and in a new...
Enforcing the Rule of Law: The Royal Navy's West African Patrol

Enforcing the Rule of Law: The Royal Navy's West African Patrol

By The Maritime Executive
October 21, 2021
Last week, the crew of the icebreaker HMS Protector paid their respects to the thousands of Royal Navy sailors who helped put an end to the West African slave trade. They joined leaders of the island...
AST to Showcase the Future of Connectivity at Sea at Europort 2021

AST to Showcase the Future of Connectivity at Sea at Europort 2021

By The Maritime Executive
October 21, 2021
[By: AST] Global provider of intelligent remote communication solutions, Applied Satellite Technology Ltd (AST), is proud to announce it will showcase its wide-ranging remote connectivity services...
Stena and Proman to Develop Methanol Retrofit Solution for Shipping 

Stena and Proman to Develop Methanol Retrofit Solution for Shipping 

By The Maritime Executive
October 21, 2021
One of the challenges for the global shipping industry to meet targets for decarbonization is finding a solution to address existing vessels that permits them to economically convert to allow low carb...
ABS My Digital Fleet Provides Solutions for Sustainable Operations

ABS My Digital Fleet Provides Solutions for Sustainable Operations

By The Maritime Executive
October 21, 2021
[By: ABS] ABS is committed to accelerating new and innovative solutions that support safer and greener ways of operating, given the industry’s digitalization and decarbonization needs. While the lo...

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