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Mitsubishi and MOL Building Efforts in Offshore Wind Business

Mitsubishi and MOL Building Efforts in Offshore Wind Business

By The Maritime Executive
February 2, 2021
Japan’s leading companies are continuing to develop operations focused on the emerging offshore energy market. The efforts are in response to the government’s calls to make offshore wind power a key c...
Iran Releases Crew of Detained South Korean Tanker

Iran Releases Crew of Detained South Korean Tanker

By The Maritime Executive
February 2, 2021
Iran agreed to release the crew of a South Korean chemical tanker that it detained at the beginning of January. South Korea’s foreign ministry confirmed that after weeks of negations, nineteen of the...
Maritime Lessons from a Watershed Year

Maritime Lessons from a Watershed Year

By Paul Jennings
February 2, 2021
A new and energetic U.S. administration, agreement on an EU-UK trade deal and resurgent Chinese economic growth offer room for global shipping optimism in 2021. However, market sentiment cannot be all...
Polarcus Ceases Operations as Lenders Prepare to Sell Fleet

Polarcus Ceases Operations as Lenders Prepare to Sell Fleet

By The Maritime Executive
February 2, 2021
Polarcus, a provider of seismic services in the offshore sector, is the latest company to succumb to the prolonged downturn in the sector and the pressures from the COVID-19 pandemic. The company’s le...
Independence-Class LCS Offloads $200M in Cocaine in San Diego

Independence-Class LCS Offloads $200M in Cocaine in San Diego

By The Maritime Executive
February 2, 2021
On Monday, U.S. Coast Guard and U.S. Navy crewmembers from the Independence-class LCS USS Gabrielle Giffords offloaded nearly six tons of cocaine at a pier in San Diego. The haul, valued at more than...
The Outlook for LNG as a Marine Fuel

The Outlook for LNG as a Marine Fuel

By Peter Keller, Chairman of Sea-LNG
February 2, 2021
Today, LNG-fuelled vessels amount to approximately 13% of the current newbuild order book and estimates for 2021 and beyond show continuing growth in many classes of vessels. Importantly, 2020 also sa...
National Hurricane Center Adds New Forecast Elements for Mariners

National Hurricane Center Adds New Forecast Elements for Mariners

By The Maritime Executive
February 2, 2021
The National Hurricane Center is now providing several new experimental weather forecast elements for mariners that travel the open oceans of the tropical North Atlantic, the Caribbean Sea, the Gulf o...
BV Solutions Marine & Offshore Strengthens Capabilities

BV Solutions Marine & Offshore Strengthens Capabilities

By The Maritime Executive
February 2, 2021
Bureau Veritas (BV), a world leader in testing, inspection, and certification, has announced that MAC (Maritime Assurance & Consulting) will officially become Bureau Veritas Solutions Marine & Offshor...
Stena Line Signs Long-Term Contract in Ventspils

Stena Line Signs Long-Term Contract in Ventspils

By The Maritime Executive
February 2, 2021
 Stena Line and Noord Natie Ventspils Terminals (NNVT) have signed a 20 year contract securing the continuous ferry operation from the Freeport of Ventspils in Latvia. This long-term agreement is an i...
StormGeo Establishes Local Presence in Denmark

StormGeo Establishes Local Presence in Denmark

By The Maritime Executive
February 2, 2021
StormGeo, a global leader delivering shipping solutions in voyage planning, route advisory and fleet performance management, announced today the opening of a new office in Copenhagen, Denmark. The exp...

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