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Rainer Seidl Appointed as New Chief Financial Officer at Everllence

Rainer Seidl Appointed as New Chief Financial Officer at Everllence

By The Maritime Executive
June 11, 2025
[By: Everllence] The Supervisory Board of Everllence has appointed Rainer Seidl to the company’s Executive Board, effective September 1, 2025. Seidl will take over the “Finance” division, succeedin...
The First Fully Electric Tug Powered by Caterpillar Battery System

The First Fully Electric Tug Powered by Caterpillar Battery System

By The Maritime Executive
June 11, 2025
[By: Med Marine] A bold new chapter is unfolding in the maritime industry as MED MARINE embarks on the construction of VoltRA—the first fully electric tugboat powered by Caterpillar’s advanced Lith...
DNV Grants AiP to HD Hyundai Mipo for 20k Cbm LCO2 Carrier Design

DNV Grants AiP to HD Hyundai Mipo for 20k Cbm LCO2 Carrier Design

By The Maritime Executive
June 11, 2025
[By: DNV] DNV has awarded an Approval in Principle (AiP) to HD Hyundai Mipo for its 20,000 cbm liquefied carbon dioxide (LCO?) carrier. This AiP is another milestone in the development of next-gene...
U.S. Prosecutes Mexican Fishermen for Poaching Red Snapper off Texas

U.S. Prosecutes Mexican Fishermen for Poaching Red Snapper off Texas

By The Maritime Executive
June 10, 2025
  Four Mexican fishermen who repeatedly crossed over into the U.S. Exclusive Economic Zone to fish for snapper have been charged under the Lacey Act for trafficking in illegally-taken wildlife. It...
For the First Time, Two Chinese Carriers Deploy in the Western Pacific

For the First Time, Two Chinese Carriers Deploy in the Western Pacific

By The Maritime Executive
June 10, 2025
  For the first time, China's PLA Navy has dispatched two aircraft carriers simultaneously into the Western Pacific, beyond the boundary of the First Island Chain. Chinese Navy spokesperson Senior...
Report: Cargo Ships Searched After Incidents with Unidentified Drones

Report: Cargo Ships Searched After Incidents with Unidentified Drones

By The Maritime Executive
June 10, 2025
  The unexplained sightings of drones continue to rise with the latest reports coming from Dutch and German news outlets recounting how authorities recently searched two Russian-crewed cargo ships...
At Nor-Shipping, U.S. Commercial Ties Outweigh U.S. Tariffs

At Nor-Shipping, U.S. Commercial Ties Outweigh U.S. Tariffs

By The Maritime Executive
June 10, 2025
  At Nor-Shipping 2025, delegates from Scandinavia and Europe were quick to mention the uncertainty created by the Trump administration's on-again, off-again trade war - and many were just as quick...
BC Ferries Selects China Merchants to Build Badly Needed New Ferries

BC Ferries Selects China Merchants to Build Badly Needed New Ferries

By The Maritime Executive
June 10, 2025
Canada’s BC Ferries announced it has selected China Merchants Industry Weihai Shipyard to build four new large ferries after a four-year procurement process. The company needs to replace an aging fl...
Bulker Safety Improves as Sector Continues Strong Growth

Bulker Safety Improves as Sector Continues Strong Growth

By The Maritime Executive
June 10, 2025
A new report looking at the trends in bulker operations and causalities over the past decade points to what the trade group INTERCARGO calls “encouraging progress” in safety, vessel losses, and fata...
How Will the Next Round of Sanctions on Russia Affect Shipping?

How Will the Next Round of Sanctions on Russia Affect Shipping?

By The Maritime Executive
June 10, 2025
  Two rounds of additional sanctions against Russia are in the course of preparation, and could have a substantial effect on "shadow fleet" shipments from Russian oil ports to overseas customers....

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