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Maritime Executive

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,...
Maritime Executive

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...
Maritime Executive

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...
Maritime Executive

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...
Maritime Executive

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...
Maritime Executive

Energy Majors Collaborate on Human Rights

By The Maritime Executive
September 24, 2018
The CEOs of BP, Equinor, Shell and Total have agreed to join forces on human rights in their supply chains.  The objective of the initiative is to create an industry framework for human rights supp...
Maritime Executive

Dutch Dredging Welcomes Two New Vessels

By The Maritime Executive
September 24, 2018
The dredging contractor Dutch Dredging welcomed two new vessels to its fleet last week during the naming ceremonies for the Papillon and the Fregate. Both vessels will go to work in the ports of Cayen...
Maritime Executive

DESMI Ocean Guard's CompactClean Receives IMO Type Approval

By The Maritime Executive
September 24, 2018
DESMI Ocean Guard A/S is pleased to announce that the CompactClean Ballast Water Management System (BWMS) has received IMO Type Approval according to the revised IMO BWMS code. This approval means tha...
Maritime Executive

Optimarin Expertise Secures Huge Ardmore Order

By The Maritime Executive
September 24, 2018
Optimarin has secured one of its biggest orders to date with the news that the ballast water treatment (BWT) specialist has been selected to supply 36 systems to Ardmore Shipping. The units will be fi...
Maritime Executive

The Last of the Coast Guard's MIAs

By William Thiesen
September 24, 2018
Last week saw the annual observance of the National Prisoner of War/Missing in Action Recognition Day. Of the service’s three known MIAs, two may still be frozen in Greenland’s ice cap. Like many s...

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