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Maritime Executive

On-Going Middle East Tensions Affecting Asian – European Trade

By Harry Valentine
May 14, 2019
The alleged damage sustained by Saudi Arabian oil tankers in the Persian Gulf is escalating political tension between Saudi Arabia and Iran, also between the U.S. and Iran. These tensions have the pot...
Maritime Executive

World's First Floating Farm Now has Cows

By The Maritime Executive
May 13, 2019
32 cows have taken up residence in the world’s first floating farm in Rotterdam.  The cows have a barn with spacious stalls and a “field,” a milk robot that the cows can choose to use, a slurry rob...
Maritime Executive

Rimorchiatori Augusta Orders Second Damen ASD for Sicilian Operations

By The Maritime Executive
May 13, 2019
Damen Shipyards Group has signed a contract with Rimorchiatori Mediterranei, a subsidiary of Rimorchiatori Riuniti of Genoa, Italy, for a Damen ASD Tug 2810. The vessel will be operated in Sicily by R...
Maritime Executive

40 Wärtsilä 20DF Engines to Power Chinese LNG-Fuelled PSVs

By The Maritime Executive
May 13, 2019
The technology group Wärtsilä has won the contract to supply 40 generating sets for 12 new LNG fuelled platform supply vessels (PSV), the first such vessels to be built for a Chinese owner. The multip...
Maritime Executive

Ex-USCG Commandant Thad Allen Joins HudsonAnalytix

By The Maritime Executive
May 13, 2019
Cynthia Hudson, CEO of HudsonAnalytix, announced today that Admiral Thad Allen, U.S. Coast Guard retired, has joined their operation as a Senior Executive Advisor.  Admiral Allen served as the 23rd Co...
Maritime Executive

KVH Announces Sale of Videotel for $90 Million

By The Maritime Executive
May 13, 2019
KVH Industries, Inc., (Nasdaq: KVHI), today announced that it has sold its maritime training business, the Videotel group of companies, to an affiliate of Oakley Capital for a base purchase price of $...
Maritime Executive

Damen and Wilson Sons Complete Dive Support Vessel Conversion

By The Maritime Executive
May 13, 2019
In April Damen and Wilson Sons Estaleiros completed the conversion of platform supply vessel Fulmar to a shallow dive support vessel (SDSV). For this, the vessel, owned and operated by Wilson Sons Ult...
Maritime Executive

Will U.S.-Iran Tensions Disrupt Global Oil Markets?

By The Strategist
May 13, 2019
[By David Uren] The global oil market has largely shrugged off the saber-rattling in the Middle East as the United States seeks to halt Iran’s oil exports. The oil price actually fell by two percen...
Maritime Executive

Iuventa Crew Receives Human Rights Award in Switzerland

By The Maritime Executive
May 13, 2019
The crew of the rescue ship Iuventa operated by the German NGO Jugend Rettet has been honored by the Swiss Paul Grüninger Foundation with a human rights award for saving the lives of around 14,000 of...
Maritime Executive

Video: New Panama Canal Welcomes First Q-Flex LNG Carrier

By The Maritime Executive
May 13, 2019
The Panama Canal Authority announced Monday that it has successfully handled the first transit of a neopanamax-sized Q-Flex LNG carrier, the Al Safliya.  At 50 meters wide, the Al Safliya is nearly...

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