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DHT Holdings Announces $50 Million Scrubber Financing

By The Maritime Executive

September 24, 2018

DHT Holdings, Inc. has announced that it has secured commitment to a $50 million financing for its earlier publicized scrubber retrofit project, subject to final documentation. The financing is struct...

Thailand Publishes Fishing Vessels Lists

By The Maritime Executive

September 24, 2018

Thailand has become one of the first countries in Southeast Asia to publish a full list of all its registered and licensed fishing vessels, alongside a watchlist containing vessels prohibited from fis...

Nor-Shipping Heads to UN, UN Heads to Nor-Shipping

By Nor-Shipping

September 24, 2018

Over the course of the next two days Nor-Shipping is joining a host of business leaders, NGOs, diplomats and politicians at the UN headquarters in New York to help plot a pathway for sustainable comme...

North Carolina's Ports Fully Reopen After Hurricane Florence

By The Maritime Executive

September 24, 2018

The ports of Wilmington and Morehead City, North Carolina resumed their full normal operations on Monday, ending the 11-day closure brought by Hurricane Florence and its aftermath. The terminals c...

Last NGO Rescue Vessel Loses its Flag Registry

By The Maritime Executive

September 24, 2018

On Saturday, the Panama Maritime Authority announced that it has deregistered the Aquarius 2, the last NGO maritime migrant rescue vessel operating off the Libyan coast. Medecines Sans Frontieres...

World's First Floating Nuclear Plant Dismantled in Texas

By Charles Digges

September 24, 2018

Last week engineering crews confirmed they had finished dismantling the world’s first floating nuclear power plant, deactivating its reactor and removing more than 680,000 kilograms of nuclear waste,...

U.S. and South Korea Agree Auto Trade Deal

By The Maritime Executive

September 24, 2018

U.S. President Donald Trump and South Korean President Moon Jae-in have signed a new trade agreement designed to increase U.S. auto exports. Under the old U.S.–Korea Free Trade Agreement (KORUS) si...

Traders Warn of Oil Price Spike Due to Iranian Sanctions

By The Maritime Executive

September 24, 2018

Oil traders with Mercuria and Trafigura warned Monday that U.S. sanctions on Iran could take two million barrels of crude per day off the market, leading prices to spike as high as $100 per barrel by...

CMA CGM Puts Price on 2020 Compliance

By The Maritime Executive

September 24, 2018

Container shipping giant CMA CGM believes that compliance with the 2020 sulfur cap will involve and additional average cost of $160 per TEU, based on current conditions. The new IMO cap, effective...

Phoenix Announces ABS Class A Wet Welding Approval

By The Maritime Executive

September 24, 2018

Phoenix International Holdings, Inc. (Phoenix) announces it has received American Bureau of Shipping (ABS) approval of a Class A wet underwater fillet Welding Procedure Specification for ASTM A 131 an...

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