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Maritime Executive

Nature Conservancy Launches "Blue Bonds" for Ocean Preservation

The Nature Conservancy (TNC) has unveiled what it says is a pioneering US$1.6 billion scheme to scale up global ocean conservation efforts through “blue bonds”. The bonds will refinance and restruc...

Maritime Executive

Wreck of SS Iron Crown Found After 77 Years

After being lost for 77 years, an Australian freighter sunk by a Japanese submarine during World War II has been located by maritime archaeologists using CSIRO research vessel Investigator. The SS...

Maritime Executive

Xi Talks Peace as China's Navy Celebrates 70 Years

Chinese President Xi Jinping called for concerted efforts to safeguard maritime peace and build a maritime community with a shared future on Tuesday during a multi-national naval event marking the 70t...

Maritime Executive

Eni to Build Industrial-Scale Offshore Wave Power Plants

The CEOs of Eni, Fincantieri, Cassa depositi e prestiti (CDP) and Terna have signed an agreement to develop and build wave power stations on an industrial scale. The agreement seeks to combine the...

Maritime Executive

Watch: MOL to Install Augmented Reality Navigation on VLCCs

Mitsui O.S.K. Lines (MOL) will install a navigation system using augmented reality (AR) on 21 very large crude carriers (VLCCs). The technology was jointly developed by Furuno Electric and MOL Tech...

Maritime Executive

NASA, U.S. Navy Team Up to Test Microdrones

The U.S. Navy and NASA are teaming up to test drone-deployed minidrones for meteorological research. The U.S. Naval Research Laboratory's CICADA (Close-in Covert Autonomous Disposable Aircraft) is...

Maritime Executive

Thai Navy Tows Away "Seasteading" Platform

The Royal Thai Navy has dismantled and towed away the "seasteading" houseboat that two private citizens installed 14 nm off the coast of Phuket, just outside of the Thai territorial sea boundary. ...

Maritime Executive

U.S. Vessel Deficiencies On the Rise

The U.S. Office of Commercial Vessel Compliance has released its 2018 Domestic Annual Report noting an increase in the average number of deficiencies identified per inspection. In 2018, Coast Guard...

Maritime Executive

Podcast: Capt. Phillips, Ten Years After the Maersk Alabama Attack

Ten years ago, Captain Richard Phillips endured a pirate attack and rescue by U.S. Navy SEALs in the Indian Ocean that captured the attention of the world. The release of this episode commemorates the...

Maritime Executive

U.S. Coast Guard Releases Arctic Strategic Outlook

The U.S. Coast Guard has released its newest strategy to address its expanding role in polar regions. Since the release of the Coast Guard Arctic Strategy in 2013, the resurgence of nation-state co...