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Maritime Executive

IRClass Review of 2018 and Projections for 2019

The Indian Register of Shipping (IRClass) continues to record steady growth in its classed fleet, flag recognition and geographical presence, mirroring the shipping industry’s ongoing recovery. Fle...

Maritime Executive

Parcel Courier Service Could Use Winged Boats

A major sector of the international transportation industry carries small parcels between cities both domestically and internationally, depending on fast delivery involving airlines, trucks and railwa...

Maritime Executive

2019: Shipping Industry Uncertainty to Remain

It has been suggested that the future is very much like the present, only longer. Should that prove to be the case for the shipping industry, it would not be such a bad thing, since the present is not...

Maritime Executive

Names of Two Future U.S. Destroyers Announced

U.S. Secretary of the Navy Richard V. Spencer announced the names of two future Arleigh Burke-class guided-missile destroyers last week. The first is named in honor of U.S. Navy Vietnam veteran, Na...

Maritime Executive

Global Trade Routes of Ultra Large Container Vessels

As a product of the global economy and an effective tool to handle fierce market competition, more and more Ultra Large Container Vessels (ULCV) are utilized in nowadays in long-haul shipping.  Acc...

Maritime Executive

Maersk Container Industry Exits Dry Container Business

Maersk Container Industry (MCI) is exiting the dry container manufacturing business to focus on growing its cold chain business.  Currently, one out of three refrigerated containers used in global...

Maritime Executive

Flashback: LNG Tanker Makes Record Northern Sea Route Transit

Soon after delivery, in January 2018, the ice-breaking LNG carrier Eduard Toll completed both her first loading at Sabetta Terminal in Russia and her first discharge in Montoir, France. This marked a...

Maritime Executive

Target 2050

With the IMO targeting 50 percent fewer CO2 emissions by 2050, the industry is already looking beyond LNG to a hybrid electric future for propulsion. For the transition, Patrick Toll, Managing Dire...

Maritime Executive

Petrochemical Leak Hits Local Aquaculture Industry in Fujian

[By Feng Hao] One lunchtime in November last year, Zhang Yan, from Xiaocuo, a village in Quanzhou, Fujian province, walked into his kitchen and was met by an acrid odour that made him nauseous. He...

Maritime Executive

Netherlands Seeks Damages for MSC Zoe Cargo Cleanup

Authorities in the Netherlands intend to seek damages from number-two ocean carrier MSC for the cleanup costs stemming from the container ship MSC Zoe's recent cargo loss. They have also opened a crim...