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Hapag-Lloyd Secures "Green" Financing for Six Megamax Boxships

Hapag-Lloyd Secures "Green" Financing for Six Megamax Boxships

By The Maritime Executive
March 3, 2021
Hapag-Lloyd is joining a growing trend in newbuild financing by obtaining "green loans" to build six new mega-boxships. The vessels will be LNG fueled, qualifying them for certified "green" financing...
EU Accredits First U.S. Shipbreaker for Recycling

EU Accredits First U.S. Shipbreaker for Recycling

By The Maritime Executive
March 3, 2021
The United States has its first shipbreaking site to gain EU Ship Recycling Regulation (EU SSR) accreditation. In an industry historically known for dangerous working conditions and unsafe environment...
CMA CGM Group Expands Globally with Equity Stake in Algeciras Terminal

CMA CGM Group Expands Globally with Equity Stake in Algeciras Terminal

By The Maritime Executive
March 3, 2021
The CMA CGM Group, a world leader in shipping and logistics, announced today that its CMA Terminals subsidiary has acquired a 50% interest minus one share in Spain’s Total Terminal International Algec...
OneOcean Appoints New Chief Commercial Officer

OneOcean Appoints New Chief Commercial Officer

By The Maritime Executive
March 3, 2021
OneOcean, the global leader in compliance and navigation services for the maritime industry, is very pleased to announce the appointment of Adam Pang as the company’s new Chief Commercial Officer....
Sterling PlanB Gains Certification for Preventing Thermal Runaway

Sterling PlanB Gains Certification for Preventing Thermal Runaway

By The Maritime Executive
March 3, 2021
Marine and industrial energy storage expert, Sterling PlanB (SPBES) has announced that it is now fully certified under new 2020 class rules for commercial vessel batteries set out by classification so...
South Korea and Saudi Arabia Plan Hydrogen Production and CO2 Shipping

South Korea and Saudi Arabia Plan Hydrogen Production and CO2 Shipping

By The Maritime Executive
March 3, 2021
Saudi Arabia and South Korean entered into an innovative multi-part agreement designed to build opportunities in the emerging hydrogen sector. The deal leverages Saudi Arabia’s LPG capabilities and de...
Maersk Boxships That Lost Containers Heading for Los Angeles

Maersk Boxships That Lost Containers Heading for Los Angeles

By The Maritime Executive
March 3, 2021
Maersk is reporting that its boxship the Maersk Eindhoven has resumed its voyage recovering quicker than expected from the recent incident. The vessel had lost propulsion power causing 260 containers...
Robert Allan: New Contracts in Indonesia

Robert Allan: New Contracts in Indonesia

By The Maritime Executive
March 3, 2021
PT. Graha Trisaka Industri, has awarded tug design contracts to Robert Allan Ltd. for a RAmparts 3200-W and a TRAktor 3200-V. The tugs will be built and operated by Taiwan Navigation Co. Ltd. under a...
Drew Marine Signs Distribution Agreement With Kroil Penetrant

Drew Marine Signs Distribution Agreement With Kroil Penetrant

By The Maritime Executive
March 2, 2021
Drew International has signed a distribution agreement with Kano Laboratories of Nashville, Tennessee to distribute their Kroil Penetrant brand within the Marine space. Founded in 1939, Kano is a lead...
Kongsberg Maritime Wins Contract with Myklebust Verft

Kongsberg Maritime Wins Contract with Myklebust Verft

By The Maritime Executive
March 2, 2021
Kongsberg Maritime (KM) is delighted to announce that it has signed a NOK 70 million contract with Norwegian shipyard Myklebust Verft to design and equip a new Live Fish Carrier (LFC) for live fish tr...

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