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Maritime Executive

Report: Long-Running Cyberattack on Indian Seaport

As Indian authorities block attempts by Chinese affiliated groups from attacking the country's electrical sector, reports have emerged that they are actively targeting an Indian port in the process....

In $36M Shipping Fraud, Trader Gets Stones Instead of Copper Ingots

In $36M Shipping Fraud, Trader Gets Stones Instead of Copper Ingots

One of the world's largest commodities trading houses says that it was defrauded by a shipper who sent 300 containers of painted paving stones instead of a promised $36 million consignment of copper i...

Edda Wind Prepares for an IPO as it Grows its CSOV Fleet

Edda Wind Prepares for an IPO as it Grows its CSOV Fleet

As it moves forward with plans for an IPO, offshore wind services firm Edda Wind has ordered two commissioning service operation vessels (CSOVs), adding to a series of four which are already under con...

First Carbon-Offset Condensate Shipment Leads to New Carbon Business

First Carbon-Offset Condensate Shipment Leads to New Carbon Business

The use of carbon offsetting is increasingly catching on in segments of the maritime and fuel industries as companies look to enhance their environmental positioning. A recent shipment of 650,000 barr...

Developing Unique Methanol-to-Hydrogen Technology for Marine Sector

Developing Unique Methanol-to-Hydrogen Technology for Marine Sector

Ardmore Shipping Corporation has signed a Letter of Intent with Element 1 and Maritime Partners to establish a joint venture to launch a unique methanol-to-hydrogen technology to the marine sector. Th...

Two Injured in Lifeboat Drill Aboard New British Polar Research Vessel

Two Injured in Lifeboat Drill Aboard New British Polar Research Vessel

Two people have been injured in a lifeboat accident aboard the new polar research vessel RRS Sir David Attenborough, the vessel's operator has confirmed.  In a statement to the BBC, the British Ant...

Taiwan's Wan Hai Launches Aggressive Expansion with $1.5B in Orders

Taiwan's Wan Hai Launches Aggressive Expansion with $1.5B in Orders

Taiwan-based Wan Hai Lines is continuing its fleet renewal and expansion program announcing another $1 billion in new construction orders in addition to $500 million in orders placed at the beginning...

US Navy Submarine Treated for Bedbug Infestation 

US Navy Submarine Treated for Bedbug Infestation 

A U.S. Navy submarine is battling an enemy the size of a seed. Sailors assigned to the Seawolf-class fast-attack submarine USS Connecticut have reportedly been complaining about rashes, skin irritatio...

Maritime Executive

Tanker Market Eyes Benefits from India's Crude Import Strategy

The big talking point in major Indian cities right now is the exorbitant price of oil, which is burning a hole in the pockets of the general population of the country. The government has taken heed of...

BV Releases Modern Rules for Wind Propulsion Systems

BV Releases Modern Rules for Wind Propulsion Systems

Reflecting the growing interest in wind propulsion systems, classification society Bureau Veritas developed a new-generation of classification rules for these systems. These rules are designed to mode...