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FMC’s Bentzel Responds to Chemical Industry Shippers’ Complaints

FMC’s Bentzel Responds to Chemical Industry Shippers’ Complaints

The U.S. Federal Maritime Commission has reported receiving a growing number of complaints from a wide range of shippers regarding a broad range of issues ranging from denial of service to systematic...

Maritime Executive

Market Data Will Be Shipping's Next Digital Revolution

It might come as a surprise that the shipping industry has been relatively stable since WW2, aside from revenue volatility. The industry’s major problem has been managing the availability of tonnage t...

Uruguay Assists Greek Bulker After Explosion Kills Crew Member

Uruguay Assists Greek Bulker After Explosion Kills Crew Member

[Brief]  A crew member aboard a Greek managed bulker was killed by an explosion and possible fire. The incident reportedly happened more than 700 nautical miles from Uruguay, but the vessel was within...

First 7th Fleet Guilty Plea in Long-Running “Fat Leonard” Fraud Case

First 7th Fleet Guilty Plea in Long-Running “Fat Leonard” Fraud Case

More than four years after the indictments were filed, the U.S. Department of Justice announced the first guilty plea by an officer in the Seventh Fleet in the Navy’s bribery and fraud scandal known a...

Sevitrade Ships Electrical Transformers to Port of Seville

Sevitrade Ships Electrical Transformers to Port of Seville

[By: Sevitrade] Between the 5th and 8th of August, Sevitrade carried out the most complex and numerous  electrical transformer operations in the history of the Port of Seville.  In total, 7 of t...

Foreign Yards Join Final Competition for New Royal Navy Auxiliaries

Foreign Yards Join Final Competition for New Royal Navy Auxiliaries

The UK's Ministry of Defense has picked four top contenders to build the Royal Navy's next dry stores auxiliary, the future Fleet Solid Support (FSS) ship.  The new series of vessels will be design...

Eidesvik and Aker BP Launch Project to Lower OSV Emissions by 70%

Eidesvik and Aker BP Launch Project to Lower OSV Emissions by 70%

Eidesvik and Aker BP are launching an ambitious joint technology project that aims to reduce emissions from existing supply vessels by at least 70 percent. The companies are seeking to build on their...

Orient Overseas Places $1.6 Billion Order for 10 New Boxships 

Orient Overseas Places $1.6 Billion Order for 10 New Boxships 

The global orderbook for containerships continues its unabated growth. The latest comes from Hong Kong-based Orient Overseas International, part of the COSCO Shipping Group, which announced an investm...

Fast Supply Boat Strikes Iranian Offshore Gas Platform

Fast Supply Boat Strikes Iranian Offshore Gas Platform

[Brief] According to Iranian offshore energy firm Pars Oil and Gas Company (POGC), a fast platform supply vessel struck a production platform at Iran's giant South Pars gas field on Wednesday, cutting...

Maritime Executive

Australia Proposes Regulatory Framework to Enable Offshore Energy

The government of Australia introduced legislation in parliament on September 2 that would provide the regulatory framework to launch the country’s offshore energy generation including wind farms. The...