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Bassoe: Shipyard Financiers Face $15.2 Bil Newbuild Drilling Rig Loss

Bassoe: Shipyard Financiers Face $15.2 Bil Newbuild Drilling Rig Loss

October 30, 2020
They built them and no one ever came. Now shipyards need to do something other than wait if they want to solve their newbuild rig problem. It’s 2019, the offshore rig scene is ramping up after a lo...
IEC Telecom Launches Communication Solution For Small Vessels In Asia

IEC Telecom Launches Communication Solution For Small Vessels In Asia

By The Maritime Executive
October 30, 2020
IEC Telecom Group (IEC Telecom), satcom solutions provider, debuts OneGate Marine Compact to equip small and medium sized vessels in Asia, with VSAT-like connectivity by optimizing L-Band capacity....
Semi-Submersible Captured Smuggling Two Tons of Cocaine

Semi-Submersible Captured Smuggling Two Tons of Cocaine

By The Maritime Executive
October 30, 2020
The Colombian Navy recently chased down and captured a semi-submersible loaded with more than two tons of pure cocaine off the southwest coast of the country. The shipment, which they believed was hea...
Adaptability is Key for Supply Chain Success

Adaptability is Key for Supply Chain Success

By Mike Wilson
October 30, 2020
Having had a long career in this industry with many diverse challenges, I’ve come to know first-hand the importance of adaptability. In fact, being able to adapt to change has been a consistent theme...
Danny Lange and Eric Aboussouan Join ZeroNorth’s Board of Directors

Danny Lange and Eric Aboussouan Join ZeroNorth’s Board of Directors

By The Maritime Executive
October 30, 2020
Danny Lange and Eric Aboussouan are the newest members to join the company’s Board of Directors, effective immediately. Lange is Senior Vice President of Artificial Intelligence at Unity, the softw...
Indian Register of Shipping Classes First Indian Owned LNG-FSRU

Indian Register of Shipping Classes First Indian Owned LNG-FSRU

By The Maritime Executive
October 30, 2020
Indian Register of Shipping (IRClass), an international ship classification society, has classed India’s first LNG-FSRU (Floating Storage Regasification Unit) marking a milestone in India’s energy shi...
Maritime Executive

CDC Issues Framework for Resuming Cruise Ship Passenger Operations

By The Maritime Executive
October 30, 2020
The US Centers for Disease Control and Prevention is replacing the seven-month-long “No Sail Order” for cruise ships with more than 250 passengers with a newly issued Framework for Conditional Sailing...
In a First, Exxon Posts Three Quarterly Losses in a Row

In a First, Exxon Posts Three Quarterly Losses in a Row

By The Maritime Executive
October 30, 2020
In its third quarter results released Friday, ExxonMobil announced losses of about $680 million, and it flagged a major risk for the long-term value of its US. onshore gas assets, which could face ste...
Maritime Executive

Testing Coal Waste-Derived Marine Fuel in Hafnia Tankers

By The Maritime Executive
October 30, 2020
Tests are getting underway to accredit a new waste-derived marine fuel made from coal that reportedly can lower greenhouse gas emissions and reduce fuel costs. Product tanker operator Hafnia and UK-ba...
Anemoi Marine and Wärtsilä Collaborate on Rotor Sail Solutions Sales

Anemoi Marine and Wärtsilä Collaborate on Rotor Sail Solutions Sales

By The Maritime Executive
October 30, 2020
The technology group Wärtsilä has signed a Memorandum of Understanding (MoU) tied to a License and Cooperation agreement with UK-based Anemoi Marine Technologies for the future sales and servicing of...

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