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Indian Navy Evacuates Stranded Citizens from Iran

Indian Navy Evacuates Stranded Citizens from Iran

By The Maritime Executive
June 8, 2020
The Indian Navy's effort to repatriate citizens stranded by the COVID-19 shutdown has expanded from the Indian Ocean basin to the Persian Gulf. On Monday, the amphib INS Shardul departed Bandar Abbas,...
Maritime Executive

Shipper Satisfaction Survey Shows Positive 2019 Trends; 2020 Concerns

By The Maritime Executive
June 8, 2020
Container shipping lines’ ability to provide cargo space showed a marginal improvement in 2019, according to the fourth annual shipper satisfaction survey conducted by Drewry and the European Shippers...
Maritime Executive

UN Calls for Blue Innovation on World Oceans Day

By The Maritime Executive
June 8, 2020
On World Oceans Day, leaders from government and civil society issued a call to pay special attention to the world's oceans as the world bounces back from the COVID-19 pandemic. With a substantial por...
Sembcorp Marine Announces $1.5 Billion Recapitalization and Demerger

Sembcorp Marine Announces $1.5 Billion Recapitalization and Demerger

By The Maritime Executive
June 8, 2020
Financial troubled Sembcorp Marine, a builder and operator of a repair facilities in Singapore for the offshore, marine and energy industries, is proposing a $1.5 billion recapitalization plan with th...
Maritime Executive

On World Oceans Day, IMO Launches Industry Partnership on Biofouling

By The Maritime Executive
June 8, 2020
The UN-led GloFouling partnership has launched a new alliance with a group of fouling control companies to accelerate the development of hull fouling solutions.  Four companies have become the foun...
Norway's Equinor Sets Ambitious Goals for Decarbonization

Norway's Equinor Sets Ambitious Goals for Decarbonization

By The Maritime Executive
June 8, 2020
Equinor, Norway’s state-controlled energy company, became the latest to announce an ambitious plan for reducing emissions from its ships and operations as part of the effort to decarbonize the shippin...
Study: Pace of Warming is Set to Accelerate in the Deep Ocean

Study: Pace of Warming is Set to Accelerate in the Deep Ocean

By The Maritime Executive
June 8, 2020
A new study published in Nature Climate Change suggests that the deep ocean may not be as invulnerable to warming as once thought. By looking at the pace and horizontal movement of temperature rise ov...
Maritime Executive

Report Provides Snapshot of COVID-19 Impact on Global Port Operations

By The Maritime Executive
June 8, 2020
A new report from the International Association of Ports and Harbors (IAPH), a non-profit global alliance of 170 ports and 140 port-related organizations in 90 countries, provides a snapshot of the on...
Financial Issues Continue for Companies in Offshore Sector

Financial Issues Continue for Companies in Offshore Sector

By The Maritime Executive
June 8, 2020
The ongoing shakeout in the offshore industry continues with companies across segments of the industry each announcing steps designed to improve liquidity. This comes after similar actions in recent d...
Maritime Executive

Last Cruise Ship Passengers Disembark After Six Month Adventure

By The Maritime Executive
June 8, 2020
Twelve weeks after the global cruise industry announced its suspension of service, and just as some cruise lines are exploring a return to service, the last eight cruise passengers aboard an ocean-goi...

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