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Panama Canal Marks Milestone Transit as it Works to Manage Operations

Panama Canal Marks Milestone Transit as it Works to Manage Operations

By The Maritime Executive
August 11, 2020
The Panama Canal recently marked a significant milestone with the 10,000 transit of a Neopanamax vessel through the expanded canal. The newer, enlarged locks for the canal opened just over four years...
Op-Ed: A Simple Deal on Embarked Guards Could End West African Piracy

Op-Ed: A Simple Deal on Embarked Guards Could End West African Piracy

By Jakob Voight
August 11, 2020
On July 17, 2020, the tanker Curacao Trader was boarded by pirates at a position about 210 nautical miles from Nigerian shores. 13 Russian and Ukrainian seafarers were abducted. Two weeks before, the...
Opportunities in Dry Bulk Prompt Norden to Expand Newbuilding Order

Opportunities in Dry Bulk Prompt Norden to Expand Newbuilding Order

By The Maritime Executive
August 11, 2020
As a possible sign of recovery in the dry bulk segment, Norden announced that it is adding two vessels to its recently placed order for four 61,000 DWT dry cargo Ultramax ships. Norden also announced...
Two Missing After Fishing Crew Abandons Ship off Cape Flattery

Two Missing After Fishing Crew Abandons Ship off Cape Flattery

By The Maritime Executive
August 11, 2020
A U.S. Coast Guard aircrew rescued one fisherman from a lifeboat early Tuesday morning after a commercial fishing boat began to take on water about 85 miles off Cape Flattery, Washington. Multiple...
Hermitage Offshore Sells Two Anchor Handling Tug Supply Vessels

Hermitage Offshore Sells Two Anchor Handling Tug Supply Vessels

By The Maritime Executive
August 11, 2020
Hermitage Offshore Services Ltd. announced today that it has sold its two anchor handling tug supply vessels.  The transaction was consummated when one of the company’s direct wholly owned subsidiarie...
Damen Shipyards Group Delivers Two New Tugs to Boluda Towage Europe

Damen Shipyards Group Delivers Two New Tugs to Boluda Towage Europe

By The Maritime Executive
August 11, 2020
Boluda Towage Europe will bring two 85-tonnes bollard pull ASD Tugs 2813, both complying with the most recent IMO Tier III emission standards, to the Port of Zeebrugge as part of the extended concessi...
Maritime Executive

Move To Water Lubrication Gathers Pace With X-Press Deliveries

By The Maritime Executive
August 11, 2020
The two Super Eco 2700 containerships China’s Zhoushan Changhong Shipyard is building for Singapore-headquartered X-Press Feeders have launched with a complete water lubricated propeller shaft arrange...
Maritime Executive

Temasek Backs Away From $3B Bid for Rig Builder Keppel

By The Maritime Executive
August 10, 2020
Singaporean state investment firm Temasek has backed out of a bid to buy a controlling stake in Keppel Corp., the parent company of offshore shipbuilder Keppel Offshore & Marine.  Last October, Tem...
Maritime Executive

Work Resumes at Golden Ray Wreck Site to Prepare for Cutting

By The Maritime Executive
August 10, 2020
Working is resuming at the wreck site of the ro/ro Golden Ray according to the St. Simons Sound Incident Unified Command. Activity had recently been suspended due to the potential impact of Hurricane...
Maritime Executive

Four Year Low in Retail Imports Hurts Port Volumes in US

By The Maritime Executive
August 10, 2020
The import of retail merchandise in 2020 is expected to fall to its lowest level in four years according to new data from the National Retail Federation (NRF). The world’s largest retail trade associa...

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