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Maritime Executive

UNCTAD: Trade War and Brexit Uncertainty Take Their Toll

By The Maritime Executive
October 30, 2019
World maritime trade lost momentum in 2018 as a result of heightened uncertainty, escalating tariff tensions between the U.S. and China and mounting concerns over a no-deal Brexit, according to UNCTAD...
Maritime Executive

Lloyd's: Multi-Port Cyber Attack Could Mean $101 Billion Insurance Gap

By The Maritime Executive
October 30, 2019
Lloyd's has released a new report Shen Attack: Cyber risk in Asia Pacific Ports which explores a hypothetical cyber-attack on major ports across the Asia-Pacific. Shen Attack depicts a plausible sc...
Maritime Executive

Makeshift Hold Cleaning Platform Led to Serious Injury

By The Maritime Executive
October 30, 2019
The Australian Transport Safety Bureau (ATSB) has released its report into the injury of two crewmen on a bulk carrier, highlighting the importance of following procedures and applying best practice....
Maritime Executive

MOL Subsidiary Indicted for Oily Waste Discharges

By The Maritime Executive
October 30, 2019
Two shipping companies and one mariner have been indicted in connection with alleged bilge water discharges from the product tanker Zao Galaxy, including one carried out just three nautical miles off...
Maritime Executive

Golden Ray: Rock Operations Commence

By The Maritime Executive
October 30, 2019
Unified Command response crews have begun operations to reduce erosion around the hull of the Golden Ray by placing a rock “blanket” around it. Sonar and GPS technology are being used to guide the knu...
Maritime Executive

ABB Wins Contracts to Connect World’s Largest Offshore Wind Farm

By The Maritime Executive
October 30, 2019
ABB has been selected by energy companies SSE Renewables of the UK and Equinor of Norway to supply its high-voltage direct current (HVDC) Light® converter systems to connect the world’s largest offsho...
Maritime Executive

Boskalis Sells Stake in Saam Smit Towage

By The Maritime Executive
October 30, 2019
Royal Boskalis Westminster has completed the sale of its equity stake in Saam Smit Towage (SAAM).  Boskalis received $194 million in cash from SAAM, resulting in a pre tax book gain of slightly mor...
Maritime Executive

Power Your Business Forward at the 2019 International Workboat Show

By International WorkBoat Show
October 30, 2019
The clock is ticking and the 2019 edition of the International WorkBoat Show is just around the corner. There is so much to look forward to at this year's show, from world class exhibits to the educat...
Maritime Executive

Seafarers Charged in Connection with S. Korea Cocaine Shipment

By The Maritime Executive
October 30, 2019
Two seafarers have been charged in connection with an alleged attempt to smuggle 100 kilos of cocaine into the South Korean port of Taean in August. It represents the largest cocaine seizure by Korea'...
Maritime Executive

Watch: WWII Shipwreck Located at Record Depth

By The Maritime Executive
October 30, 2019
In honor of the 75th Anniversary of the Battle off Samar this month, Vulcan Inc. has released footage of the deepest shipwreck discovered, a WWII Fletcher class destroyer. The ship lies at a depth of...

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