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Zim Files for Initial Stock Offering on the NYSE

Zim Files for Initial Stock Offering on the NYSE

By The Maritime Executive
January 1, 2021
Zim filed a preliminary prospectus with the U.S. Securities Exchange Commission on December 31, 2020, for its long-anticipated initial public offering. The container and logistics company plans to tra...
Maritime Executive

NOAA Awards $180 Million Contract for Two New Research Ships

By The Maritime Executive
January 1, 2021
NOAA has awarded a contract worth $180 million to the Louisian shipyard Thoma-Sea Marine Constructors for a pair of new research vessels. Naval Sea Systems Command (NAVSEA) is working in partnership w...
Congress Overrides Trump's Veto, Enacting Maritime Priorities in NDAA

Congress Overrides Trump's Veto, Enacting Maritime Priorities in NDAA

By The Maritime Executive
January 1, 2021
The U.S. Senate voted Friday to override President Donald Trump's veto of the National Defense Authorization Act (NDAA) for FY2021, joining the House to continue an unbroken 60-year tradition of passi...
Photos: Float Out of First U.S. Built Great Lakes Bulker Since 1983

Photos: Float Out of First U.S. Built Great Lakes Bulker Since 1983

By The Maritime Executive
January 1, 2021
The first U.S. flagged Great Lakes bulk carrier to be built on the Great Lakes in nearly four decades marked a key point in its construction with its recent float out from the graving dock. Being buil...
Pioneering Cruise Ship Arrives in India to be Scrapped

Pioneering Cruise Ship Arrives in India to be Scrapped

By The Maritime Executive
January 1, 2021
The first newly built cruise ship for Carnival Cruise Lines, which was launched at a critical moment in the development of the modern cruise ship industry, has ended its 38-year career. Introduced in...
Buckeye Completes Marine Terminal for Oil Exports at Corpus Christi

Buckeye Completes Marine Terminal for Oil Exports at Corpus Christi

By The Maritime Executive
January 1, 2021
Pipeline and terminal operator Buckeye Partners announced Wednesday that it has begun crude oil exports at the second dock at its South Texas Gateway (STG), a new terminal about 10 nm inland from the...
India Proposes Crew Change at Sea for Ships Stranded off China

India Proposes Crew Change at Sea for Ships Stranded off China

By The Maritime Executive
January 1, 2021
Indian authorities proposed to their Chinese counterparts facilitating a crew change at sea for the crew members stranded aboard the vessels anchored for months off the Chinese coast. Responding to me...
Great Eastern Becomes India's Biggest Shipowner by Vessel Count

Great Eastern Becomes India's Biggest Shipowner by Vessel Count

By Ankur Kundu
December 31, 2020
When it comes to shipowning nations, the likes of Greece, China, and the USA are the first countries that come to mind. Despite playing a major part in world trade, India's domestically-owned fleet ha...
ABS and HHI Group Complete Landmark Smart-Functions Project

ABS and HHI Group Complete Landmark Smart-Functions Project

By The Maritime Executive
December 31, 2020
In May 2019, ABS launched the marine and offshore industries’ first notations for the application of smart technologies when it published the ABS Guide for Smart Functions for Marine Vessels and Offsh...
Seadrill Buys Time with New Forbearance Agreement with Most Creditors

Seadrill Buys Time with New Forbearance Agreement with Most Creditors

By The Maritime Executive
December 31, 2020
Troubled rig operator Seadrill Limited announces that that has bought itself more time to continue to negotiate on its reorganization plan. The company, which operates drilling rigs for the petroleum...

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