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Merchant Tanker Rescues 18 Fishermen Off Galapagos Islands

Merchant Tanker Rescues 18 Fishermen Off Galapagos Islands

By The Maritime Executive
December 6, 2020
On Friday, the U.S. Coast Guard worked with a merchant tanker to rescue 18 Ecuadorian fishermen after their vessel sank about 300 miles to the north of the Galapagos Islands.  The rescue coordinati...
Bulker Rescues Two From Disabled Sailboat in Heavy Weather

Bulker Rescues Two From Disabled Sailboat in Heavy Weather

By The Maritime Executive
December 6, 2020
On Saturday afternoon, the U.S. Coast Guard and a merchant bulker worked together to rescue two people from a sailboat that had been disabled by weather about 300 nautical miles east of Cape Hatteras,...
Fairbanks Morse Acquires Breco International Inc.

Fairbanks Morse Acquires Breco International Inc.

By The Maritime Executive
December 6, 2020
Fairbanks Morse, a leading provider of solutions that are powering the world forward, has acquired Breco International Inc., a leading diesel engine repair and rebuilding service provider. The move wi...
China's Expanding Economic Influence in Africa: Risk vs. Reward

China's Expanding Economic Influence in Africa: Risk vs. Reward

By Brian Gicheru Kinyua
December 6, 2020
The debate on Belt and Road Initiative (BRI) investments in Africa has always teetered between the risks of a “debt trap” and the benefits of industrialization. BRI proponents in Africa believe that t...
Maritime Executive

New LNG Bunkering Barge FlexFueler002 to Start Servicing Antwerp Port

By The Maritime Executive
December 6, 2020
Fluxys and Titan LNG have built the FlexFueler 002 LNG bunkering barge to support the shipping industry in its switch to cleaner operations in the Antwerp port and region. The vessel will make liquefi...
Video: Volunteer Lifeboat Crew Saves Two Divers in Nighttime Rescue

Video: Volunteer Lifeboat Crew Saves Two Divers in Nighttime Rescue

By The Maritime Executive
December 4, 2020
On Tuesday night, a volunteer lifeboat crew out of Dun Laoghaire - a suburb of Dublin - responded to an Irish Coast Guard request to investigate reports of two missing divers in nearby Bullock Harbor....
Shipping Industry Commits to Eliminating Single-Use Plastics in 2021

Shipping Industry Commits to Eliminating Single-Use Plastics in 2021

By The Maritime Executive
December 4, 2020
Plastic waste floating in the world’s ocean has been ranked as one of the largest ecological problems as a menace to marine life as well as a danger to shipping. With the problem of ocean plastics exp...
Italian Ports Must Pay Corporate Taxes Starting in 2022 EC Rules

Italian Ports Must Pay Corporate Taxes Starting in 2022 EC Rules

By The Maritime Executive
December 4, 2020
The European Commission ordered Italy to abolish the corporate tax exemptions granted to its ports. Profits earned by port authorities from economic activities must be taxed the antitrust regulators s...
Port of Bergen Seeks EU Support to Build Ultra-Modern Cargo Terminal

Port of Bergen Seeks EU Support to Build Ultra-Modern Cargo Terminal

By The Maritime Executive
December 4, 2020
The Port of Bergen, Norway announced plans to build a new cargo port that will become a world-leader in innovative and eco-friendly solutions. The goal is to create a hub for zero-emission distributio...
Pacific Basin Using Carbon Offsets for Shore Operations and Customers

Pacific Basin Using Carbon Offsets for Shore Operations and Customers

By The Maritime Executive
December 4, 2020
Hong Kong’s Pacific Basin Shipping company announced that it will be joining the increasing number of shipping lines using carbon offset credits and offering the customers the opportunity to go carbon...

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