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Hapag-Lloyd Joins Shipping Industry Move to Green Financing 

Hapag-Lloyd Joins Shipping Industry Move to Green Financing 

By The Maritime Executive
February 8, 2021
Hapag-Lloyd has become the latest company in the shipping industry to turn to “green financing,” for its future growth. Increasingly the shipping industry is turning to this innovative form of financi...
Things You Need to Know About Galley Maintenance Plans

Things You Need to Know About Galley Maintenance Plans

By The Maritime Executive
February 8, 2021
  [By Nicolas Lesbats, Vice President Maintenance Division at ALMACO] The importance of having a comprehensive maintenance plan has become commonly recognized in the marine industry. On this, we...
Seadrill's Asian Subsidiaries File for Bankruptcy Reorganization

Seadrill's Asian Subsidiaries File for Bankruptcy Reorganization

By The Maritime Executive
February 8, 2021
Seadrill, which had once been a leading operator of offshore rigs, became the latest company in the industry to seek bankruptcy protection. Founded by John Fredriksen, the company once had the highest...
China Bans Crew Changes on Two Fleets Showing the Ongoing Challenge

China Bans Crew Changes on Two Fleets Showing the Ongoing Challenge

By The Maritime Executive
February 8, 2021
After agreeing to permit crew changes aboard some of the bulk carriers stuck waiting off its coast, China’s Ministry of Transportation announced actions to bar two shipping companies from conducting c...
Japanese Submarine Collides With Bulker off Shikoku

Japanese Submarine Collides With Bulker off Shikoku

By The Maritime Executive
February 8, 2021
On Monday, the Japan Maritime Self Defense Force submarine Soryu collided with a merchant vessel as it was surfacing, Japanese officials have confirmed.  As the diesel-electric sub was coming to th...
Combining Wind and Solar Technologies to Create Zero-Emission Ship

Combining Wind and Solar Technologies to Create Zero-Emission Ship

By The Maritime Executive
February 8, 2021
In the race to develop new, environmentally-friendly shipping technologies, a British company is promoting what it is calling the first true zero-emission ship design. Windship Technology, which says...
BP and EnBW Splash $1.2 Billion on UK Offshore Wind Leases

BP and EnBW Splash $1.2 Billion on UK Offshore Wind Leases

By The Maritime Executive
February 8, 2021
bp (formerly BP) and German power utility EnBW have won two offshore wind area leases in the Irish Sea, paying an astonishing $1.2 billion for the use of the Crown Estate sites. The ultra-high bid ref...
Maritime Executive

Infographic: The Serious Health Risks of a Polluted Ocean

By The Conversation
February 8, 2021
  [By Jacqueline McGlade and Philip Landrigan] Ocean pollution is widespread, worsening, and poses a clear and present danger to human health and wellbeing. But the extent of this danger has not...
S. Korea Fast-Tracks Plan to Build World's Largest Offshore Wind Farm

S. Korea Fast-Tracks Plan to Build World's Largest Offshore Wind Farm

By The Maritime Executive
February 8, 2021
The government of South Korea has pledged to put its support behind a $43 billion plan to build the world's biggest offshore wind farm.  As part of President Moon Jae-In's "Green New Deal" plan for...
USCG Rescues 66 Anglers From Breakaway Ice Floe on Lake Michigan

USCG Rescues 66 Anglers From Breakaway Ice Floe on Lake Michigan

By The Maritime Executive
February 7, 2021
Last Thursday, multiple U.S. Coast Guard units joined local first responders to rescue 66 ice anglers who were stranded when an ice floe broke away from shore near Sturgeon Bay, Wisconsin.  At abou...

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