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Inmarsat and Hapag-Lloyd Renew and Expand Fleet Xpress Commitment

Inmarsat and Hapag-Lloyd Renew and Expand Fleet Xpress Commitment

By The Maritime Executive
September 9, 2021
[By: Inmarsat] Inmarsat, the world leader in global, mobile satellite communications, has expanded its agreement to deliver maritime broadband to Hapag-Lloyd, after the global transport group renew...
Kenya Seeks $157M Loan for Lamu Port Phase I Completion

Kenya Seeks $157M Loan for Lamu Port Phase I Completion

By The Maritime Executive
September 9, 2021
The Kenya Ports Authority intends to borrow $157 million to complete the construction of the first phase of Lamu Port, a new facility struggling to attract shipping lines following the commissioning o...
Wärtsilä to Lead Onboard Carbon-Capture R&D Project

Wärtsilä to Lead Onboard Carbon-Capture R&D Project

By The Maritime Executive
September 8, 2021
The technology company Wärtsilä is signing up for a leading role in a new Norwegian carbon capture and storage research project. The new LINCCS (Linking Carbon Capture and Storage) consortium brings t...
Xeneta Hires Shipping Industry's Best-Known Analyst, Peter Sand

Xeneta Hires Shipping Industry's Best-Known Analyst, Peter Sand

By The Maritime Executive
September 8, 2021
Freight rate data company Xeneta has poached Peter Sand, the industry's best-known analyst, from his longtime position at Bimco. Sand's regular updates on the state of the market have been closely wat...
Canadian Midstream Company Enbridge Buys Giant Gulf Coast Oil Terminal

Canadian Midstream Company Enbridge Buys Giant Gulf Coast Oil Terminal

By The Maritime Executive
September 8, 2021
Canadian pipeline operator Enbridge has purchased the Ingleside Energy Center terminal at the Port of Corpus Christi, Texas in a $3 billion cash deal with Moda Midstream. The recently-built termina...
BW Offshore Reveals it Submitted Bids for Scottish Offshore Wind Lease

BW Offshore Reveals it Submitted Bids for Scottish Offshore Wind Lease

By The Maritime Executive
September 8, 2021
The prospects of lucrative contacts from Scotland’s bidding for the massive offshore wind leases attracted a broad range of proposals including several new entrants seeking new opportunities in the em...
Maritime Executive

Retired Marine Colonel Pleads Guilty in "Fat Leonard" Bribery Case

By The Maritime Executive
September 8, 2021
  The U.S. Department of Justice announced the second guilty plea from an officer of the Seventh Fleet in the long-running “Fat Leonard” bribery and fraud scandal. Four and a half years after the g...
At MIT, a Key Test Brings Full Decarbonization One Step Closer

At MIT, a Key Test Brings Full Decarbonization One Step Closer

By The Maritime Executive
September 8, 2021
A group of researchers from the Massachusetts Institute of Technology and startup Commonwealth Fusion Systems (CFS) announced Wednesday that they have solved the biggest problem in the development of...
Indian Ship Manager Confirms Violent Attack on OSV in Gabon

Indian Ship Manager Confirms Violent Attack on OSV in Gabon

By The Maritime Executive
September 8, 2021
Additional information came out regarding the attack on an OSV in Gabon over the weekend. Details suggest that, unlike typical piracy attacks, the vessel may have been targeted with local authorities...
Maersk Invests in U.S. Start-up to Develop Methanol Supply

Maersk Invests in U.S. Start-up to Develop Methanol Supply

By The Maritime Executive
September 8, 2021
To help establish its role as a first move in the adoption of methanol as the fuel for large ships. A.P. Moller – Maersk is also seeking to develop the supply chain and infrastructure needed to operat...

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