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2018: Our Ten Most Popular News Stories

By The Maritime Executive

December 18, 2018

As the year draws to a close, the MarEx team would like to thank our readers and contributors for their enthusiasm and highlight some of our most-read news articles. 1. Salvors Find Remains of Thr...

Ship-handling Tugs PSA Polaris & PSA Capella Join the Fleet in Style

By The Maritime Executive

December 18, 2018

Cheoy Lee Shipyards Ltd. have delivered two more Z-Tech® tugs, PSA Polaris and PSA Capella, to PSA Marine, Singapore on October 26. This time was the Z-Tech® 5000 version with newly re-styled deckhous...

Newport News Offers Buyout to 2,500 Salaried Employees

By The Maritime Executive

December 18, 2018

On Monday, Huntington Ingalls Industries' Newport News shipyard offered a buyout package to 2,500 employees and announced that it has plans to restructure. The offer covers about 10 percent of its tot...

Video: 50th Anniversary Of Otis Redding's "The Dock Of The Bay"

By The Maritime Executive

December 18, 2018

Princess Cruises, Playing For Change and the Estate of Otis Redding have produced a video to celebrate the 50th anniversary of Otis' iconic hit "(Sittin' On) The Dock of the Bay." The video is fil...

Russian Freighter Grounds off Falmouth

By The Maritime Executive

December 18, 2018

Murmansk Shipping Company, the operator of the freighter Kuzma Minin, has blamed "unsafe shipping conditions" in UK waters for the grounding involving its vessel Tuesday. "The ship got caught on so...

Seafarer Survives Six Days in the Sea

By Sailors' Society

December 18, 2018

A seafarer has survived six days in the open sea after the ship he was on sank in the Bali Strait. Indonesian Nahum Naibahas, 26, known as Riski, was on board the Multi Prima, which sank when it wa...

Hyundai Mipo Dockyard Contracts MacGregor for Hatch Covers

By The Maritime Executive

December 18, 2018

MacGregor, part of Cargotec, has secured hatch cover orders from Hyundai Mipo Dockyard (HMD) for another eight 1,800 TEU container ships to be built at the South Korean yard for various owners. Th...

ABS Approves Cryogenic Spray Foam Insulation for Bunkering Barge

By The Maritime Executive

December 18, 2018

Dongsung Finetec International, Inc (DSFI) is pleased to announce that ABS has granted the approval of Product Design Assessment (PDA) to DSFI for its Spray Foam Insulation. DSFI notes that its Spr...

Abducted Boxship Crewmembers Released by Nigerian Pirates

By The Maritime Executive

December 18, 2018

Eight Polish crewmembers from the container ship Pomerania Sky have been released by their captors, two months after they were kidnapped off the coast of Nigeria. Poland's foreign ministry thanked...

Sovcomflot Closes $264 Million Long-Term Revolving Credit Facility

By The Maritime Executive

December 18, 2018

Sovcomflot (SCF Group) is pleased to announce that it has entered into a new $264 million six year revolving credit facility with a consortium of five leading international banks, including: Citibank;...

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