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KSOE and POSCO Enter Race to Design LCO2 Carrier

KSOE and POSCO Enter Race to Design LCO2 Carrier

By The Maritime Executive
August 27, 2021
A consortium of South Korean companies is the latest to announce plans to develop a liquified CO2 carrier vessel that could play a critical role in the global carbon capture and storage process propos...
How Did Somali Pirates Get Paid?

How Did Somali Pirates Get Paid?

By The Maritime Executive
August 27, 2021
Rob Phayre, a former ransom delivery specialist who helped shipowners retrieve vessels and crews from pirates, has written a new novel based on his experiences off Somalia. He recently corresponded wi...
Bouchard Bankruptcy Plan Approved, Clearing Way for Sale

Bouchard Bankruptcy Plan Approved, Clearing Way for Sale

By The Maritime Executive
August 27, 2021
The bankruptcy judge hearing the case of Bouchard Transportation approved the bankruptcy plan which will see the company’s assets divided off to two buyers with partial recovery for the creditors. Eff...
The River Thames Gets Major Exhibition at Museum of London Docklands

The River Thames Gets Major Exhibition at Museum of London Docklands

By The Maritime Executive
August 27, 2021
The River Thames has been an integral part of the UK's development into a global power, and its history is set for display in a six month exhibition set to open this October. The Port of London Aut...
Denmark to Commission Scandinavia's Largest Offshore Wind Farm

Denmark to Commission Scandinavia's Largest Offshore Wind Farm

By The Maritime Executive
August 27, 2021
Next month, Danish households will start receiving electricity from Scandinavia's largest offshore wind farm, a development that marks another milestone in the country’s clean energy ambitions. Thi...
New Australian Law Makes Offshore Energy Companies Pay for Cleanup

New Australian Law Makes Offshore Energy Companies Pay for Cleanup

By The Maritime Executive
August 27, 2021
The Australian parliament this week passed a law to force big oil and gas producers to pay for the cost of decommissioning offshore rigs, with Keith Pitt, the federal minister for Resources and Water,...
Logistic Co. Joins Retailers Chartering Cargo Ships to Move Containers

Logistic Co. Joins Retailers Chartering Cargo Ships to Move Containers

By The Maritime Executive
August 27, 2021
As the well-publicized pressures continue to grow on the supply chain creating disruptions across the container shipping segment, more companies are turning to the charter market as a tool to manage t...
Bardex Shiplift Revamp Project Completed

Bardex Shiplift Revamp Project Completed

By The Maritime Executive
August 27, 2021
[By: Bardex] The Republic of Korea Navy successfully lifted its first Missile Guided Frigate using the newly renovated 7,420 metric tons Chain Jack Shiplift System provided by Bardex Corporation....
New Satellite Imaging Detects the "Milky Seas" of Maritime Lore

New Satellite Imaging Detects the "Milky Seas" of Maritime Lore

By The Maritime Executive
August 26, 2021
“The whole appearance of the ocean was like a plain covered with snow. There was scarce a cloud in the heavens, yet the sky . . . appeared as black as if a storm was raging. The scene was one of awful...
Maritime Executive

Sovcomflot Exits Dry Bulk Segment

By The Maritime Executive
August 26, 2021
Russian shipping giant Sovcomflot has sold its last two remaining bulkers and exited the dry bulk segment, the company said in a quarterly earnings report released Thursday. As a part of a fleet mo...

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