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Mitsubishi Heavy Industries Looks Into Decarbonizing Existing Ships

Mitsubishi Heavy Industries Looks Into Decarbonizing Existing Ships

By The Maritime Executive
May 20, 2021
Mitsubishi Heavy Industries (MHI) has launched a new project with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to assess the technical, financial and environmental factors for modifying...
Wärtsilä Predicts Strong Uptake for Green Methanol as Marine Fuel

Wärtsilä Predicts Strong Uptake for Green Methanol as Marine Fuel

By The Maritime Executive
May 19, 2021
Methanol-fueled propulsion has strong potential for decarbonizing shipping, according to top execs at Wärtsilä. Though methanol derived from natural gas is a high-carbon option due to emissions during...
China's Navy Recovers Components From Sunken Indonesian Sub

China's Navy Recovers Components From Sunken Indonesian Sub

By The Maritime Executive
May 19, 2021
The People's Liberation Army Navy (PLA Navy) research vessel Explorer 2 has begun retrieving wreckage from the lost Indonesian submarine Nanggala, including an undeployed life raft module weighing 1,5...
Biden Administration Waives Sanctions on Nord Stream 2 AG

Biden Administration Waives Sanctions on Nord Stream 2 AG

By The Maritime Executive
May 19, 2021
The Biden administration has waived sanctions penalties for Switzerland-based Nord Stream 2 AG and its CEO, Matthias Warnig, though the State Department acknowledges that they have engaged in sanction...
Maritime Executive

Orsted Joins with Japanese Partners in Auction for Offshore Windfarms

By The Maritime Executive
May 19, 2021
With the next round of Japan’s offshore wind auctions scheduled to close late next week, the Japan Wind Development Company has formed a partnership with Ørsted and Eurus Energy to participate in the...
Baltic Cruises to Resume During Summer

Baltic Cruises to Resume During Summer

By The Maritime Executive
May 19, 2021
The Baltic is becoming the latest region to prepare for the return of cruises operated by the large cruise ships this summer. With the lowering of restrictions in northern Germany and an expectation t...
Maritime Executive

Blank Sailing Schedules Creating Further Delays for Shippers

By The Maritime Executive
May 19, 2021
For much of the last year shippers have been complaining about delays, lack of availability, and rising costs as volumes soared in container shipping. A new analysis of the schedules and markets by th...
26 Dead, 49 Missing in Indian Offshore Barge Sinking

26 Dead, 49 Missing in Indian Offshore Barge Sinking

By The Maritime Executive
May 19, 2021
The Indian Navy reported Wednesday that at least 26 people from the sunken accommodations barge P305 are dead, and 49 are still missing. 186 survivors have been pulled from the water. The P305 went...
Salvage Crews Preparing to Refloat Seacor Power

Salvage Crews Preparing to Refloat Seacor Power

By The Maritime Executive
May 19, 2021
Salvage crews working at the site of the capsized liftboat Seacor Power are continuing to make progress with their operations. The U.S. Coast Guard reports that the crews completed the first steps in...
Liberian Registry Reaches 200 Million Gross Tons

Liberian Registry Reaches 200 Million Gross Tons

By The Maritime Executive
May 19, 2021
The Liberian Registry is highlighting its continued rapid growth, moving from the third to second-largest flag state for the shipping industry. The registry became the second-largest flag late in 2018...

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