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U.S. Navy Boosts Presence in Black Sea as Tensions in E. Ukraine Rise

U.S. Navy Boosts Presence in Black Sea as Tensions in E. Ukraine Rise

By The Maritime Executive
April 13, 2021
As tensions rise along Ukraine's eastern border with Russia, the U.S. Navy has dispatched two destroyers to the Black Sea, augmenting U.S. ground forces staged in Germany.  Russia has mobilized tan...
Three Injured in Explosion at Shipbreaking Yard in Bangladesh

Three Injured in Explosion at Shipbreaking Yard in Bangladesh

By The Maritime Executive
April 13, 2021
Three workers were seriously injured in an explosion at the Jamuna Ship Breakers scrapyard in Chittagong, Bangladesh last weekend, according to The Daily Star.  On Sunday, the three men were cuttin...
Suez Canal Authority Obtains Court Order to Seize Ever Given

Suez Canal Authority Obtains Court Order to Seize Ever Given

By The Maritime Executive
April 13, 2021
The Suez Canal Authority has secured a formal court order to seize the container ship Ever Given for "failure to pay an amount of $ 900 million," the Egyptian government-owned news outlet Ahram Gate r...
Maritime Executive

Korean Register and Hyundai to Collaborate on Environmental Solutions

By The Maritime Executive
April 13, 2021
In a further step to strengthen the competitive position of the South Korean shipbuilding industry, the Korean Register and Hyundai Heavy Industries Group announced a strategic alliance designed to ad...
Total and Siemens Collaborate on Reducing Emissions in LNG Production

Total and Siemens Collaborate on Reducing Emissions in LNG Production

By The Maritime Executive
April 13, 2021
With the continuing growth of the LNG as a fuel of choice for the shipping industry, attention is turning on seeking improvements to make the established practices more sustainable to further support...
Maritime Executive

Senators Introduce Act to Compel CDC to Restore U.S. Cruises by July 4

By The Maritime Executive
April 13, 2021
The efforts to pressure the U.S. Centers for Disease Control and Prevention to move forward with the restoration of cruises sailing from U.S. ports continued with three U.S. senators today introducing...
U-Ming Secures it's First Sustainability Linked Loan

U-Ming Secures it's First Sustainability Linked Loan

By The Maritime Executive
April 13, 2021
U-Ming Marine Transport Corporation (“U-Ming”) (TSEC code: 2606), Taiwan’s largest publicly listed bulk carrier company, has secured its first Sustainability-Linked Loan (“SLL”) of USD45 million with...
Wärtsilä’s 'Expert Insight' Service Could Extend to Whole NYK Fleet

Wärtsilä’s 'Expert Insight' Service Could Extend to Whole NYK Fleet

By The Maritime Executive
April 13, 2021
The technology group Wärtsilä has signed an Optimised Maintenance agreement with the Japanese shipping giant Nippon Yusen Kaisha (NYK) and Monohakobi Technology Institute (MTI) to evaluate Wärtsilä’s...
Azimuthal Hybrid Drive System SYDRIVE-E for World’s 1st LNG Hybrid Tug

Azimuthal Hybrid Drive System SYDRIVE-E for World’s 1st LNG Hybrid Tug

By The Maritime Executive
April 13, 2021
Singapore-based Sembcorp Marine relies on SCHOTTEL’s azimuthal hybrid drive system SYDRIVE-E for the world’s first liquefied natural gas (LNG) hybrid tug. With this first in a series of 12 vessels, Se...
Jail Sentence for First of MSC Gayane Crew in Cocaine Smuggling Case

Jail Sentence for First of MSC Gayane Crew in Cocaine Smuggling Case

By The Maritime Executive
April 13, 2021
The first of seven crewmembers from the MSC Gayane was sentenced to jail today for his role in the 2019 cocaine smuggling aboard the containership. A total of eight crewmembers, or nearly a third of t...

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