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Maritime Executive

Dueling Venezuelan Administrations Lay Claim to Tanker Cargo

By The Maritime Executive
December 4, 2019
The shuttle tanker Gerd Knutsen is stuck in a legal tug of war between the two dueling corporate boards of Venezuelan refiner Citgo.  Citgo, the U.S.-domiciled, Venezuelan-owned oil refiner, is cla...
Maritime Executive

GAO: Maintenance Delays Threaten U.S. Navy's Readiness

By The Maritime Executive
December 4, 2019
In a new report issued Wednesday, the U.S. Government Accountability Office (GAO) warned that "persistent and substantial" delays in vessel maintenance threaten the U.S. Navy's ability to sustain read...
Maritime Executive

Fishing Vessel Fire: Problems with Safety Standards and Crew Efforts

By The Maritime Executive
December 4, 2019
The New Zealand Transport Accident Investigation Commission (TAIC) has released its report into the accommodation fire on board fishing trawler Dong Won 701 in April 2018, citing issues with the struc...
Maritime Executive

U.S. Blacklists Six Tankers for Carrying Venezuelan Oil

By The Maritime Executive
December 4, 2019
On Tuesday, the U.S. Treasury blacklisted another six vessels for connections to Venezuelan state oil company PDVSA, which is sanctioned for its role in supporting the government of Venezuelan Preside...
Maritime Executive

Ship Finance Update: Many Choices, Few Options

By Basil Karatzas
December 4, 2019
Ever since the market collapsed in 2008 and banks active in the shipping industry experienced heavy losses, many have been expecting a changing landscape (or is it “seascape”?) in shipping finance. Sh...
Maritime Executive

IMO Commits to Cutting Emissions at COP25

By The Maritime Executive
December 4, 2019
The IMO has presented its latest work to reduce greenhouse gas emissions from shipping to the UN climate change conference (COP25) currently underway in Spain.  IMO's initial GHG strategy contains...
Maritime Executive

Shell Wins Lawsuit to Keep Activists Off Brent Platforms

By The Maritime Executive
December 4, 2019
Royal Dutch Shell has won a lawsuit to prohibit Greenpeace protesters from boarding inactive and decommissioned platform structures at the Brent field in the UK North Sea.  In a ruling issued this...
Maritime Executive

New President Appointed for American Waterways Operators

By The Maritime Executive
December 4, 2019
The American Waterways Operators, the national trade association for the tugboat, towboat and barge industry, has promoted Jennifer Carpenter, Executive Vice President and COO, to the position of Pres...
Maritime Executive

Inmarsat Launches Fleet LTE Service in the North Sea

By The Maritime Executive
December 4, 2019
Inmarsat, the world leader in global mobile satellite communications, will extend its service portfolio for customers with the launch of Fleet LTE, following an agreement with subsea fiber and offshor...
Maritime Executive

USCG Medevacs Sailor from U.S. Navy Destroyer

By The Maritime Executive
December 4, 2019
On Tuesday, a U.S. Coast Guard aircrew medevaced a sailor from a U.S. Navy destroyer off the coast of Washington. Watchstanders at Coast Guard Sector Puget Sound received a request for medevac from...

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