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Seadrill Buys Time with New Forbearance Agreement with Most Creditors

Seadrill Buys Time with New Forbearance Agreement with Most Creditors

By The Maritime Executive
December 31, 2020
Troubled rig operator Seadrill Limited announces that that has bought itself more time to continue to negotiate on its reorganization plan. The company, which operates drilling rigs for the petroleum...
Maritime Executive

The Maritime Executive's Most Popular Podcasts of 2020

By The Maritime Executive
December 31, 2020
The COVID-19 pandemic had an indelible effect on every corner of society in 2020, and the end is only just coming into sight. The Maritime Executive had the opportunity to talk to many shipping leader...
Maritime Executive

DSME Cancels Order as South Korean Shipbuilders End 2020 With Recovery

By The Maritime Executive
December 31, 2020
South Korea’s Daewoo Shipbuilding & Marine Engineering said in a regulatory filing that it had canceled a shipbuilding contract valued at $820 million due to failures by the shipowner.  The news of...
Photos: Three Giant STS Cranes Arrive in San Francisco Bay

Photos: Three Giant STS Cranes Arrive in San Francisco Bay

By The Maritime Executive
December 31, 2020
On Wednesday morning, three new STS cranes passed through San Francisco Bay aboard the heavy lift ship Zhen Hua 35, drawing attention of residents around the city. The new cranes will be the tallest e...
Facing COVID Surge, LA County Calls for Navy Hospital Ship to Return

Facing COVID Surge, LA County Calls for Navy Hospital Ship to Return

By The Maritime Executive
December 31, 2020
The supervisor of Los Angeles County has called for a second deployment of the hospital ship USNS Mercy to help the region address a new surge of COVID-19 cases.  "Our [unionized] healthcare worker...
Chinese Bulker Sinks in East China Sea with Two Dead and Seven Missing

Chinese Bulker Sinks in East China Sea with Two Dead and Seven Missing

By The Maritime Executive
December 31, 2020
Chinese officials are reporting that a bulk carrier sank in the East China Sea south of Shanghai. Two sailors have been confirmed dead, while four were rescued, and a search was ongoing for seven othe...
Possible Mine Found on the Hull of Tanker Anchored in Iraqi Waters

Possible Mine Found on the Hull of Tanker Anchored in Iraqi Waters

By The Maritime Executive
December 31, 2020
A suspicious object feared to be a limpet mine was found attached to the hull of a tanker in the Persian Gulf near the Iraqi city of Basra. The managers of the vessel, Dynacom Tankers of Greece, issue...
USCG Medevacs Injured Fisherman From Vessel in the Bering Sea

USCG Medevacs Injured Fisherman From Vessel in the Bering Sea

By The Maritime Executive
December 31, 2020
On Wednesday, the U.S. Coast Guard medevaced an injured fisherman from a vessel in the Bering Sea, about 80 miles northeast of Dutch Harbor. While on patrol in the Bering on Wednesday morning, the...
Jeff Bezos Names Rocket-Landing Ship in Honor of his Mother

Jeff Bezos Names Rocket-Landing Ship in Honor of his Mother

By The Maritime Executive
December 30, 2020
In a recent ceremony in Pensacola, Florida, Amazon founder Jeff Bezos rechristened the ro/ro freight ferry Stena Freighter in honor of his mother, Jacklyn Bezos. The newly-rebuilt Jacklyn will serve a...
Photos: Salvors Make Progress on Second Cut Through Golden Ray's Hull

Photos: Salvors Make Progress on Second Cut Through Golden Ray's Hull

By The Maritime Executive
December 30, 2020
Salvors are making visible progress on the second cut through the hull of the grounded ro/ro Golden Ray. After a long delay to repair and modify equipment following completion of the first cut, the se...

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