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Seadrill Issues "Going Concern" Warning

Seadrill Issues "Going Concern" Warning

By The Maritime Executive
June 2, 2020
On Monday, offshore rig operator Seadrill said that it would voluntarily delist from the New York Stock Exchange due to its too-low stock valuation and market cap. On Tuesday it flagged a 'going conce...
Cruises Resume Sailing on German Rivers

Cruises Resume Sailing on German Rivers

By The Maritime Executive
June 2, 2020
Cruising made an unexpected first return to operations not with ocean-going vessels, but instead with river cruising in Europe. Nicko Cruises headquartered in Germany launched the first cruise with it...
Two-Thirds of Factory Trawler's Crew Catch COVID-19

Two-Thirds of Factory Trawler's Crew Catch COVID-19

By The Maritime Executive
June 2, 2020
Concerns of coronavirus outbreaks in the Pacific Northwest fishing fleet gained new currency this week with multiple infections aboard the factory trawler American Dynasty. 86 out of the 124 crewmembe...
Singapore’s First LNG Bunkering Vessel Launched 

Singapore’s First LNG Bunkering Vessel Launched 

By The Maritime Executive
June 2, 2020
Singapore’s first LNG bunkering vessel was launched at the Keppel Nantong Shipyard in China. The vessel is being built for FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern.  ...
Norwegian Cruise Line Details Post-Covid-19 Health Protocols for Ships

Norwegian Cruise Line Details Post-Covid-19 Health Protocols for Ships

By The Maritime Executive
June 2, 2020
Everyone in the travel industry has been speculating on what the cruise experience will be when cruise ships return to service after their long service suspension due to the coronavirus and the Center...
The Return of SOKANA

The Return of SOKANA

By The Maritime Executive
June 2, 2020
Westport, Connecticut - June 2, 2020: SOKANA, a joint venture commercial management company between Lars Ebbesen and the Interunity Group has officially launched today, bringing back a renowned name i...
Global Data Systems, Inc. Named to CRN’S 2020 Solution Provider List

Global Data Systems, Inc. Named to CRN’S 2020 Solution Provider List

By The Maritime Executive
June 2, 2020
Lafayette, LA, June 2, 2020 – Global Data Systems, Inc., a leading managed services provider, announced today that CRN® a brand of The Channel Company, has named Global Data Systems, Inc. (#410) to it...
Commodity Exports to China Could Fall by $33 Billion Says UN Study 

Commodity Exports to China Could Fall by $33 Billion Says UN Study 

By The Maritime Executive
June 2, 2020
A study from the United Nations Conference on Trade and Development (UNCTAD) finds that total commodity exports to China could fall dramatically as a result of the coronavirus crisis. Citing the drama...
Maritime Executive

Cosco Energy Transportation Optimizes Structure in Ongoing Expansion

By The Maritime Executive
June 2, 2020
Cosco Shipping Energy Transportation Company, part of the Chinese state Cosco shipping group, announced plans to merge with Shanghai Tanker, the owner of 49 tankers with an aggregate capacity of 4.73...
USS Ford Takes a Key Step Towards Functionality

USS Ford Takes a Key Step Towards Functionality

By The Maritime Executive
June 2, 2020
The carrier USS Gerald R. Ford has taken a big step towards front-line operability by using both weapons elevator stages to carry ordnance for the first time ever.  Three years after she was delive...

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