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China's Belt and Road Initiative Arrives in Iran

China's Belt and Road Initiative Arrives in Iran

By The Maritime Executive
March 29, 2021
The signing of a 25-year cooperation agreement between the oil-rich and regionally influential, but US sanctioned, Islamic Republic of Iran and the globally powerful, but US pressured, People’s Republ...
Total Suspends Mozambique LNG Project After Deadly Terrorist Attack

Total Suspends Mozambique LNG Project After Deadly Terrorist Attack

By The Maritime Executive
March 29, 2021
Oil major Total has suspended work on its $20 billion LNG export megaproject in northern Mozambique after an attack by suspected Islamic State militants. Fighting is ongoing and the situation on the g...
HHI Launches Integrated Hydrogen Business Strategy

HHI Launches Integrated Hydrogen Business Strategy

By The Maritime Executive
March 29, 2021
Last week, Hyundai Heavy Industries announced that it will be launching a new division centered on hydrogen - not just hydrogen propulsion, but an integrated business covering the full value chain of...
In It for the Long Haul

In It for the Long Haul

By Kongsberg Maritime
March 29, 2021
Until recently, Autonomous Underwater Vehicle (AUV) operations have been viewed as a logical next step from those carried out with Remotely Operated Vehicles (ROVs). Launched from a ship, AUVs can aut...
Suez Canal Shutdown Highlights Vulnerability of Maritime Chokepoints

Suez Canal Shutdown Highlights Vulnerability of Maritime Chokepoints

By Ankur Kundu
March 29, 2021
Suez Crisis Highlights the Fragility of the Global Supply Chain. First came the pandemic of 2020, roiling shipping and disrupting the supply chains in and out of China before spreading out to the r...
Pre-Commercial Scottish Offshore Wind Projects for Future Leases

Pre-Commercial Scottish Offshore Wind Projects for Future Leases

By The Maritime Executive
March 29, 2021
Seeking to take advantage of the UK’s aggressive efforts to build its offshore wind energy industry, additional companies are pursuing efforts to develop pre-commercial projects. The goal is to establ...
More Cruise Lines Join UK Summer Restart

More Cruise Lines Join UK Summer Restart

By The Maritime Executive
March 29, 2021
The cruise industry continues to announce summer programs designed to take advantage of the UK’s plans to incrementally reduce travel restrictions related to COVID-19. So far, 10 cruise lines have det...
Japan Waives Port Fees for LNG and Hydrogen Ships to Reduce Emissions

Japan Waives Port Fees for LNG and Hydrogen Ships to Reduce Emissions

By The Maritime Executive
March 29, 2021
In an effort to position Japan as a leader in the next generation of environmentally-friendly vessels and meet the country's goals for lower emissions, the ports in the Tokyo municipal region are impl...
Georgia Ports Authority Approves Projects for Capacity Expansion

Georgia Ports Authority Approves Projects for Capacity Expansion

By The Maritime Executive
March 29, 2021
The Georgia Ports Authority approved a series of capital improvement projects responding to the rapid growth in volumes at the ports in the past six months. The projects, which will build on ongoing e...
Cargotec Sells Navis to Accel-KKR for Enterprise Value of €380 Million

Cargotec Sells Navis to Accel-KKR for Enterprise Value of €380 Million

By The Maritime Executive
March 29, 2021
Cargotec Corporation has signed an agreement to sell its Navis business to Accel-KKR, a Silicon Valley-based leading technology-focused investment firm for an enterprise value of EUR 380 million. Carg...

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