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Maritime Executive

Secondhand Containership Market Heats up in 2021 Driven by Demand

By The Maritime Executive
July 1, 2021
Skyrocketing container shipping freight rates and the prospects for sustained demand are driving the container shipping segment to new heights. Yet while much of the attention has been focused on the...
Samsung Develops Engineless, Fuel Cell-Powered LNG Carrier

Samsung Develops Engineless, Fuel Cell-Powered LNG Carrier

By The Maritime Executive
July 1, 2021
Samsung Heavy Industries announced Thursday that it has secured approval in principle from DNV for the development of the world's first engineless, fuel cell-powered LNG carrier. The design feature...
Maersk Orders First Methanol-Fueled Containership 

Maersk Orders First Methanol-Fueled Containership 

By The Maritime Executive
July 1, 2021
Four months after announcing its intention to develop a methanol-fueled containership to accelerate its move toward decarbonization, A.P. Moller - Maersk confirmed that an order has been placed. Calli...
AST Launches Iridium Certus 200 Service With Usage Alert Capabilities

AST Launches Iridium Certus 200 Service With Usage Alert Capabilities

By AST Group
June 30, 2021
Applied Satellite Technology (AST) Ltd, today announced the official launch of its unique Iridium Certus 200 service offering, with real-time alerting capabilities ensuring customers’ stay fully in co...
Maritime Executive

Global Deal on Harmful Fishing Subsidies Could Be in Reach

By Dialogue Earth
June 30, 2021
[By Fermin Koop] The world cannot afford to further delay action to protect the ocean, governments and conservationists agreed this month at a series of UN conferences. They called for “transformat...
U.S. Funds Indonesian Maritime Training Center Near Strait of Malacca

U.S. Funds Indonesian Maritime Training Center Near Strait of Malacca

By The Maritime Executive
June 30, 2021
The United States is funding a new training center for the Indonesian Coast Guard (Bakamla) on Batam Island, near the intersection of the Strait of Malacca and the Strait of Singapore. U.S. Ambassador...
Proman Expands to Six Order for Methanol-Fueled Tankers

Proman Expands to Six Order for Methanol-Fueled Tankers

By The Maritime Executive
June 30, 2021
Even before the first of the company’s new methanol-powered tankers has been launched, Proman announced the expansion of the project with the order for two additional tankers to be built in China for...
China Christens its First Luxury Cruise Ship 

China Christens its First Luxury Cruise Ship 

By The Maritime Executive
June 30, 2021
China recently christened its first luxury cruise ship, which will operate for the domestic cruise market. While China has begun to develop its domestic cruise industry acquiring older secondhand tonn...
Report: Capsized Dredger Routinely Operated With Decks Awash

Report: Capsized Dredger Routinely Operated With Decks Awash

By The Maritime Executive
June 30, 2021
The Danish Maritime Accident Investigation Board (DMAIB) has completed its inquiry into the capsizing of the bucket dredger Margrethe Fighter, concluding that the vessel was vulnerable to flooding and...
Maritime Executive

New Delay for Korea’s Mega Shipyard Merger Raises Doubts

By The Maritime Executive
June 30, 2021
Faced with its latest deadline to proceed with the proposed acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries announced in a regulatory filing today that it has...

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