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Stockholm Norvik Port is Now Fully Operational

Stockholm Norvik Port is Now Fully Operational

By The Maritime Executive
December 17, 2020
After nearly four years of construction, Stockholm’s new port is now fully operational. With easy access to the Baltic and short approach lanes, Stockholm Norvik Port was designed to become a transpor...
Tug Strike May Tie Up Royal Navy Base at Plymouth

Tug Strike May Tie Up Royal Navy Base at Plymouth

By The Maritime Executive
December 17, 2020
For a five-day period at the end of this month, the Royal Navy may have trouble getting its warships in and out of its base at Plymouth. Due to a work schedule dispute between unionized tug crews and...
Freedom-Class Littoral Combat Ships May Have Serious Gearbox Defect

Freedom-Class Littoral Combat Ships May Have Serious Gearbox Defect

By The Maritime Executive
December 16, 2020
When legislators recently decided to make the U.S. Navy test its next warship's propulsion system on land, they had the problematic history of the Littoral Combat Ship (LCS) program in mind. In a stat...
Drewry: Blanked Sailings Contributed to Container Shortage

Drewry: Blanked Sailings Contributed to Container Shortage

By The Maritime Executive
December 16, 2020
The global shortage of shipping containers has become one of the most hotly discussed issues in the shipping industry as 2020 draws to a close. There have been reports that exporters have not been abl...
Keel Laid for Jones Act Offshore Wind Turbine Installation Vessel

Keel Laid for Jones Act Offshore Wind Turbine Installation Vessel

By The Maritime Executive
December 16, 2020
Construction of the first Jones Act compliant offshore wind turbine installation vessel marked an important milestone with the keel laying for the vessel, which will be named Charybdis. Being built fo...
Bourbon Completes Financial Restructuring but Plans to Reduce Fleet

Bourbon Completes Financial Restructuring but Plans to Reduce Fleet

By The Maritime Executive
December 16, 2020
The Commercial Court of Marseilles approved the recovery plan for Bourbon Maritime after an agreement was reached with the creditors. The decision completed the reorganization proceedings that began n...
USCG Offloads $400M in Cocaine in Port Everglades

USCG Offloads $400M in Cocaine in Port Everglades

By The Maritime Executive
December 16, 2020
On Wednesday, the crew of the U.S. Coast Guard cutter James offloaded more than 23,000 pounds of cocaine worth about $400 million at Port Everglades, Florida.  The drugs were seized in the Eastern...
Eight More Crewmembers Abducted off Cargo Ship by Nigerian Pirates

Eight More Crewmembers Abducted off Cargo Ship by Nigerian Pirates

By The Maritime Executive
December 16, 2020
The toll on seafarers continues to rise in the Gulf of Guinea with reports that eight crew members early this morning.  The threat to seafarers remains high in the region with the security services wa...
Maersk Product Tankers Completes 14 Vessel Sale in CDBL Agreement

Maersk Product Tankers Completes 14 Vessel Sale in CDBL Agreement

By The Maritime Executive
December 16, 2020
Maersk Product Tankers has entered an agreement with China Development Bank Financial Leasing Co., Ltd (CDBL) for the sale of 14 product tankers at a total value of USD 422m. Under the terms of the...
Solving the Crew Change Challenge

Solving the Crew Change Challenge

By The Maritime Executive
December 16, 2020
[By: Inchcape Shipping Services] If it was easy to change crews during the coronavirus pandemic we wouldn’t have had the humanitarian crisis of (at one point up to) 400,000 seafarers stranded on ve...

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