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Equinor, Exxon Plan $8B Investment in Brazil's Bacalhau Offshore Field

Equinor, Exxon Plan $8B Investment in Brazil's Bacalhau Offshore Field

By The Maritime Executive
June 2, 2021
Norwegian energy giant Equinor and its partners are set to invest a staggering $8 billion to develop the lucrative offshore Bacalhau field in Brazil. The company, together with its partners ExxonMobil...
Reports: Iranian Navy May be Delivering Fast-Attack Boats to Venezuela

Reports: Iranian Navy May be Delivering Fast-Attack Boats to Venezuela

By The Maritime Executive
June 2, 2021
Two Iranian naval vessels are southbound off Africa's east coast and appear to be headed for Venezuela, according to multiple news reports. The vessels - a frigate and a converted Aframax tanker, the...
Research Highlights Promising Outlook for Ammonia-Powered Vessels

Research Highlights Promising Outlook for Ammonia-Powered Vessels

By The Maritime Executive
June 2, 2021
While momentum is building for the transition to zero-emission shipping, with significant research focusing on ammonia as a fuel source, much remains yet to be proven in the technical and financial ca...
Drewry: Industry Will Face Increasing Shortage of Officers by 2026

Drewry: Industry Will Face Increasing Shortage of Officers by 2026

By The Maritime Executive
June 2, 2021
The global shipping industry will be facing an increasing shortage of officers to man their ships in the coming years due in part to the pandemic and its impact on the attractiveness of careers at sea...
U.S. Gov't Joins Zero-CO2 Program With Mærsk McKinney Møller Center

U.S. Gov't Joins Zero-CO2 Program With Mærsk McKinney Møller Center

By The Maritime Executive
June 2, 2021
The U.S. government is joining forces with Denmark, Norway, the Global Maritime Forum and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping in a drive to cut the maritime industry's greenhous...
Maritime Executive

UN Security Council to Discuss Decaying FSO Tanker Anchored off Yemen

By The Maritime Executive
June 2, 2021
After months of talks aimed to permit UN inspectors permission to board a decaying oil tanker anchored off Yemen as a storage unit, the Houthis rebels ended the talks. Britain, as a result, has asked...
IMO Maritime Safety Committee Gives New Guidance for Vessel Autonomy

IMO Maritime Safety Committee Gives New Guidance for Vessel Autonomy

By Päivi Haikkola
June 2, 2021
In mid-May 2021, after understandable delays related to COVID-19, the Maritime Safety Committee finalized its regulatory scoping exercise (RSE) on Maritime Autonomous Surface Ships. By no means the on...
Order Placed for Hydrogen Fuel Cell Powered Inland Barge

Order Placed for Hydrogen Fuel Cell Powered Inland Barge

By The Maritime Executive
June 2, 2021
The order was recently placed for the construction of an inland waterway vessel that seeks to become the first to run on hydrogen. To be built by Concordia Damen for the Dutch shipping company Lenten...
Panos Laskaridis Departs UGS Over Politically-Charged Comments

Panos Laskaridis Departs UGS Over Politically-Charged Comments

By The Maritime Executive
June 2, 2021
Panos Laskaridis, the founder and co-owner of Athens-based Lavinia Corporation, has left the Union of Greek Shipowners over controversial remarks on the relationship between the Greek shipping industr...
Iran’s Largest Naval Ship Burns and Sinks in the Gulf of Oman

Iran’s Largest Naval Ship Burns and Sinks in the Gulf of Oman

By The Maritime Executive
June 2, 2021
A vessel reported to be the largest in the Iranian Navy caught fire and sunk in the Gulf of Oman near Iran’s southern port of Jask. The supply ship Khark was reportedly operating a training exercise i...

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