Search Results for "how to buy ships"

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Maritime Executive

Research Project Boosts Performance of Wave Energy Converters

The three-year Horizon 2020-funded WaveBoost project has resulted in a step change improvement achieved to the reliability and performance of wave energy technology.  Led by CorPower Ocean, the Wav...

Maritime Executive

Police Seize Black Box from Ruby Princess

NSW Police have seized the black box of the cruise ship Ruby Princess as part of an investigation to determine who is responsible for letting the vessel's 2,700 passengers disembark in Sydney, Austral...

Maritime Executive

BIMCO: Shipbuilding Orders Fall Off Due to Market Uncertainty

Shipowners' association BIMCO reports that orders for new ships have plummeted due to the coronavirus outbreak. With trade activity expected to contract in many sectors this year, the demand outlook i...

Maritime Executive

GAO Reports on U.S. Coast Guard Oversight Since El Faro Sinking

After the October 2015 sinking of the El Faro, concerns raised over the ship’s safety plan raised questions about how the U.S. Coast Guard ensures that commercial ships comply with safety regulations....

Maritime Executive

Cruise Lines Send Crew Members Home

The cruise lines are being challenged with how to handle the crew aboard their ships in the face of the continuing public health crisis. Initially, as the coronavirus (COVID-19) forced the suspension...

Maritime Executive

TUI AG Secures Government Bridge Loan to Weather COVID-19 Shutdown

European travel and cruise giant TUI AG has secured a $2 billion bridge loan from the German policy bank KfW in order to reduce the impact of the COVID-19 crisis. The deal gives TUI access to credit a...

Maritime Executive

ABB Brings Fuel Cell Technology a Step Closer to Powering Large Ships

ABB signs Memorandum of Understanding (MOU) with Hydrogène de France to jointly manufacture megawatt-scale fuel cell systems capable of powering ocean-going vessels. The MOU between ABB and hydroge...

Maritime Executive

CJC Appoints Two New Directors

Campbell Johnson Clark (CJC) has appointed two new Directors, following the promotion of London-based Senior Associates Duncan Ealand and James Clayton with effect from 1 May 2020. Both bring consider...

Maritime Executive

Total Charters Its First LNG-Powered VLCCs

Total has signed an agreement to charter its first two LNG-powered very large crude carriers (VLCCs).  The two vessels, which are able to carry about 300,000 tons of crude oil each, will be deliver...

Maritime Executive

Video: Passengers Jump Off Ferry to Escape COVID-19 Quarantine

A number of passengers from the Indonesian ferry Lambelu jumped over the side and successfully swam to shore at the port of Maumere in order to escape quarantine, according to the Indonesian ministry...