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Drill Sector Consolidation with New JV from Baker Hughes and Akastor

By The Maritime Executive

March 2, 2021

In a move designed to address the ongoing challenges in the global offshore drilling segment, the U.S.-based Baker Hughes and Norway’s Akastor have agreed to create a joint venture company bringing to...

Distributed Shipbuilding for an Unmanned Fleet

March 2, 2021

[By Collin Fox] Increasingly powerful strategic competitors and a flat defense budget call to mind this pithy quote, often misattributed to Winston Churchill: “Gentlemen, we have run out of money;...

MSC Plans to Expand Italy Cruises with Second Ship

By The Maritime Executive

March 2, 2021

Efforts are continuing seeking to restore more cruise operations before the traditionally busy summer travel season. MSC Cruises, which has been operating one of its cruise ships since August 2020, an...

Russian Arctic Tanker Arrives in France for Propulsion Repairs

By The Maritime Executive

March 2, 2021

One of the Russian ice-class Arctic LNG carriers that recently ran the winter test run on the Northsea Route arrived at a shipyard in France for repairs sustained to its propulsion system. French medi...

As Sudan Reemerges, U.S. and Russia Eye a Strategic Seaport

By The Maritime Executive

March 2, 2021

Within the span of a week, two U.S. Navy vessels have called at Port Sudan, ending a decade-long hiatus. With a change in government, Sudan is putting its history of genocide and repression in the pas...

New Port Cost Estimator from Inchcape is Missing Link in Cost Puzzle

By Inchcape Shipping Services

March 2, 2021

Inchcape Shipping Services is adding a new Port Cost Estimator (PCE) to its World of Ports 2.0 platform that will make both voyage cost calculations and TCE estimates much easier and more accurate....

American Professor Leads Kenya's Legal Team in Somali Boundary Case

By The Maritime Executive

March 1, 2021

On March 15, the oral hearing in the case of Maritime Delimitation in the India Ocean (Somalia Vs Kenya) is set to begin. Legal teams representing these countries are in top gear to prepare for the ca...

Liquidation of OK Lim's Fleet Moves Ahead

By The Maritime Executive

March 1, 2021

The liquidation of assets held by Singaporean shipowner and oil trader OK Lim (Lim Oon Kuin) is proceeding quickly, with about 50 out of the Lim family's 150 barges and vessels already sold, according...

Video: Meyer Transfers First Large Cruise Ship in a Year to the Sea

By The Maritime Executive

March 1, 2021

Meyer Werft completed a key step in the construction of its newest large cruise ship transferring the ship from the building yard in Papenburg, Germany to the North Sea. The ship, which was approximat...

NOAA Begins Four-Year Transition to Phase Out Printing Paper Charts

By The Maritime Executive

March 1, 2021

Two years after announcing its intent to begin the phaseout of paper nautical charts, the U.S. National Oceanic and Atmospheric Administration (NOAA) has officially begun the effort to sunset one of t...

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