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Maritime Executive

Argentine Port Unions Reach Agreement to End 20-Day Strike

By The Maritime Executive
December 30, 2020
On Tuesday, a coalition of Argentine longshore and oilseed industry unions reached an agreement to end a three-week-long strike, which had paralyzed the nation's busy grain ports in the run-up to whea...
Disabled Maersk Containership Towed to Shipyard in Spain

Disabled Maersk Containership Towed to Shipyard in Spain

By The Maritime Executive
December 30, 2020
The Maersk Elba containership, which was disabled by an engine room fire while sailing off Portugal, was unable to make repairs on its own and is now heading to a shipyard. The containership is expect...
Despite Tariffs, U.S. Trade Deficit in Goods Reaches All-Time High

Despite Tariffs, U.S. Trade Deficit in Goods Reaches All-Time High

By The Maritime Executive
December 30, 2020
Despite tariff measures and the disruption of the COVID-19 pandemic, the U.S. trade deficit in goods rose to a record $84.8 billion for the month of November, up 5.5 percent over the same period last...
Federal Spending Bill Funding for Additional Fast Response Cutters

Federal Spending Bill Funding for Additional Fast Response Cutters

By The Maritime Executive
December 30, 2020
Yesterday, the President of the United States signed into law the omnibus spending bill for Fiscal Year 2021, which included funding for four more Sentinel-class Fast Response Cutters (FRC), allowing...
German Shipbuilder FSG Lays Keel for First Ship After Reorganization

German Shipbuilder FSG Lays Keel for First Ship After Reorganization

By The Maritime Executive
December 30, 2020
A 50-ton section was lowered into place in the drydock at the Flensburger Schiffbau-Gesellschaft (FSG) marking the keel laying of a new vessel, but more importantly the first new construction order fo...
Centerline and Saltchuk Swap Bunkering and Ship Assist Assets

Centerline and Saltchuk Swap Bunkering and Ship Assist Assets

By The Maritime Executive
December 30, 2020
In a pair of transactions announced this week, Seattle-based Centerline Logistics (formerly Harley Marine) and Seattle-based Saltchuk Group announced that they have exchanged assets - a transfer of bu...
Construction Contract Signed for Iraq’s New Deep-Water Port

Construction Contract Signed for Iraq’s New Deep-Water Port

By The Maritime Executive
December 30, 2020
Iraq’s long-delayed effort to develop the Grand Faw region near Basra into a new deep-water port is proceeding. South Korea’s Daewoo Engineering & Construction Company signed a contract worth $2.625 b...
Esvagt SOV Rescues Seven Injured Fisherman off the English Coast

Esvagt SOV Rescues Seven Injured Fisherman off the English Coast

By The Maritime Executive
December 30, 2020
The Esvagt Njord, an SOV ship that services the Equinor operations in the Great Yarmouth area off the English east coast, was on regular service when she heard a distress call from a fishing vessel. T...
Fincantieri-Chantiers Deal Extended as Antitrust Inquiry Continues

Fincantieri-Chantiers Deal Extended as Antitrust Inquiry Continues

By The Maritime Executive
December 30, 2020
The French government has agreed to a one-month extension on a deal to sell a controlling interest of French defense and cruise shipbuilder Chantiers de L'Atlantique to Italian competitor Fincantieri....
Maritime Executive

China's Yangzijian Shipbuilding to Build Two Ultra Large Boxships

By The Maritime Executive
December 30, 2020
China expanded the construction project for the ultra large boxships announced yesterday with the news that Yangzijiang Shipbuilding would also build two 24,000 TEU containerships. The order came as p...

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