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MacGregor Receives Order for OHT’s Wind Foundation Installation Vessel

MacGregor Receives Order for OHT’s Wind Foundation Installation Vessel

By The Maritime Executive
August 27, 2020
Signs of recovery are now emerging in some applications and markets, for example in China. “State rescue programs and the MacGregor, part of Cargotec, has received a significant order for delivery of...
Maritime Executive

Rolls-Royce Power Systems Reports First Half Financial Results

By The Maritime Executive
August 27, 2020
Rolls-Royce Power Systems still profitable despite Covid-19 •       Rolls-Royce division with its MTU products and solutions posts an 11% fall in revenue •       Comprehensive package of early...
Greece Expands its Territorial Boundaries in Ionian Sea

Greece Expands its Territorial Boundaries in Ionian Sea

By The Maritime Executive
August 26, 2020
The government of Greek Prime Minister Kyriakos Mitsotakis will be doubling the declared extent of its territorial seas claims in the Ionian Sea. If Mitsotakis wins a parliamentary vote on Thursday...
Hurricane Laura Nears Landfall, Bringing "Unsurvivable" Storm Surge

Hurricane Laura Nears Landfall, Bringing "Unsurvivable" Storm Surge

By The Maritime Executive
August 26, 2020
Hurricane Laura is approaching the western coast of Louisiana and is expected to make landfall early Thursday as "an extremely dangerous Category 4 hurricane," according to the National Hurricane Cent...
Panama Canal Extends Relief for Shippers to Assist in Traffic Decline

Panama Canal Extends Relief for Shippers to Assist in Traffic Decline

By The Maritime Executive
August 26, 2020
The Panama Canal Authority announced that it will extend temporary relief measures for shippers using the Panama Canal for the remainder of 2020. This is being done to support the shipping industry at...
Record Cocaine Bust Found in Shipping Container in Turkish Port

Record Cocaine Bust Found in Shipping Container in Turkish Port

By The Maritime Executive
August 26, 2020
Turkish authorities in the port of Izmit reported today the seizure of 540 kilograms of cocaine in possibly the largest single drug bust carried out by Turkish customs. The drugs were discovered in a...
Video: 150-Foot Superyacht Burns and Sinks off Sardinia

Video: 150-Foot Superyacht Burns and Sinks off Sardinia

By The Maritime Executive
August 26, 2020
On Tuesday morning, the 150-foot superyacht Lady MM caught fire and burned about 50 miles off Capo Comino, Sardinia.  At about 0600 hours Tuesday, the Guardia Costiera station in Olbia, Sardinia pi...
Greeks Save 96 Migrants From Sinking Yacht Despite Turkish Tensions

Greeks Save 96 Migrants From Sinking Yacht Despite Turkish Tensions

By The Maritime Executive
August 26, 2020
Greece is reporting what it is calling “the largest and most successful search and rescue operation on record in the Aegean Sea,” carried out today saving 96 migrants after their vessel began sinking....
"Generous" Civil Settlement for Families in Vienna Wood Collision

"Generous" Civil Settlement for Families in Vienna Wood Collision

By The Maritime Executive
August 26, 2020
The families of the lost crew of the fishing boat Liberty 5 have reached a settlement with the owners of the bulker Vienna Wood N, which struck and sank the smaller vessel off Mamburao, the Philippine...
Three Carnival Corp Ships Moving Raising Speculation of More Recycling

Three Carnival Corp Ships Moving Raising Speculation of More Recycling

By The Maritime Executive
August 26, 2020
Speculation is growing that Carnival Corporation is preparing to recycle additional cruise ships as the cruise industry leader works to manage its costs as it waits to resume cruise operations after t...

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