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Barstad: "Shadow Fleet" Sanctions Need Exception for Scrapping

Barstad: "Shadow Fleet" Sanctions Need Exception for Scrapping

By The Maritime Executive
May 26, 2025
  The "shadow fleet" of tankers serving Russia, Iran and Venezuela are on average much older than the "compliant" tanker market, and many are overdue for scrapping. But with American and European s...
ClassNK Releases Report ‘ClassNK Alternative Fuels Insight (Version 3.0)’

ClassNK Releases Report ‘ClassNK Alternative Fuels Insight (Version 3.0)’

By The Maritime Executive
May 26, 2025
[By: ClassNK] ClassNK has released the latest version of its report ‘ClassNK Alternative Fuels Insight (Version 3.0)’. This provides updated information on cost simulations reflecting the IMO’s mid...
CMA CGM Strengthens Strategic Presence in Vietnam with New Terminal Project

CMA CGM Strengthens Strategic Presence in Vietnam with New Terminal Project

By The Maritime Executive
May 26, 2025
[By: CMA CGM[ CMA CGM Group, a global player in sea, land, air, and logistics solutions, announces the signing of a partnership agreement with Saigon Newport Corporation (SNP) to develop a new deep...
Seacap Becomes the World’s First Capital Partner for Shore Power

Seacap Becomes the World’s First Capital Partner for Shore Power

By The Maritime Executive
May 26, 2025
[By: Seacap] Today marks the launch of Seacap – a new, specialised company designed to make it significantly easier for ports to carry out the investments required for a green and future-oriented i...
CMA CGM to Invest $600 Million to Build Northern Vietnam Terminal

CMA CGM to Invest $600 Million to Build Northern Vietnam Terminal

By The Maritime Executive
May 26, 2025
  As part of its efforts to expand its global terminal operations in strategic ports, CMA CGM Group reports it has entered into a public-private partnership to develop its first terminal in norther...
SRC Given Royal Institution of Naval Architects Maritime Innovation Award

SRC Given Royal Institution of Naval Architects Maritime Innovation Award

By The Maritime Executive
May 26, 2025
[By: SRC Group] SRC Group's Methanol Superstorage solution has won The Royal Institution of Naval Architects Maritime Innovation Award 2025, recognising its contribution the adoption of methanol as...
NYK Commissions Japan’s First Electric Battery-Driven Workboat

NYK Commissions Japan’s First Electric Battery-Driven Workboat

By The Maritime Executive
May 26, 2025
  Japan’s first fully battery-driven electric workboat, named e-Crea was unveiled on May 23 by NYK Group. According to the company, fully electric vessels represent one of the most promising option...
Research Vessel “NOVA” Sets Course with Torqeedo Drive for New Paths

Research Vessel “NOVA” Sets Course with Torqeedo Drive for New Paths

By The Maritime Executive
May 26, 2025
[By: Torqeedo] Torqeedo, the world market leader for electric propulsion systems on the water, has provided an electric propulsion system for a new research vessel, “NOVA”, operated by the Universi...
North Korea Questions Two More Officials Over Failed Warship Launch

North Korea Questions Two More Officials Over Failed Warship Launch

By The Maritime Executive
May 26, 2025
  North Korea's authoritarian government is looking for more officials to hold accountable for a failed warship launch at Chongjin Shipyard on May 21. The total number of those under investigation...
Ports of Odesa and Chernomorsk Attacked as Russia Claims Military Targets

Ports of Odesa and Chernomorsk Attacked as Russia Claims Military Targets

By The Maritime Executive
May 26, 2025
The Ukrainian ports of Odesa and Chernomorsk were both included in the current wave of Russian attacks, which have been called among the largest since the start of the war in Ukraine. The Russian Mi...

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