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Maritime Executive

Damen Marine Components to Supply Chilean Antarctic I Project

By The Maritime Executive
August 7, 2018
Damen Marine Components has won a contract to supply steering gear, rudders and stern tube parts for an Antarctic Research vessel of the Chilean Navy, under LRS -Polar 5 Class notation. The contract w...
Maritime Executive

Arcadia Shipmangement Signs ABS Asset Management Agreement

By The Maritime Executive
August 7, 2018
Arcadia Shipmanagement Co. Ltd. selected ABS Advanced Solutions to implement an Enterprise Asset Management (EAM) Program to further enhance the reliability of its 15 tanker fleet. “Arcadia Shipman...
Maritime Executive

Three Dead in Hit-and-Run Collision off Kochi

By The Maritime Executive
August 7, 2018
In the early hours of Tuesday morning, a merchant vessel ran down a fishing boat off the coast of Kochi, India, killing at least three people, injuring two and leaving nine missing. According to a sur...
Maritime Executive

Trump Reinstates Sanctions on Iran

By The Maritime Executive
August 7, 2018
On Monday night, the White House reimposed sanctions on third-party trade with Iran that were lifted during the Obama administration.  In January 2016, the U.S. and its European allies eased bankin...
Maritime Executive

Contractor for Navy, Coast Guard Pleads Guilty to Bribery

By The Maritime Executive
August 7, 2018
A former energy efficiency contractor has pleaded guilty to charges of accepting bribes and kickbacks related to $70 million in work at a Coast Guard station in Puerto Rico and a $115 million project...
Maritime Executive

DP World Acquires Unifeeder

By The Maritime Executive
August 7, 2018
DP World has acquired 100 percent of the Unifeeder Group for €660 million ($764 million) from Nordic Capital Fund VIII and other minority shareholders.  The Unifeeder Group, founded in 1977 and bas...
Maritime Executive

Live Export: Talk of City/Country Divide is Insulting

By Bidda Jones
August 7, 2018
Positioning the live export issue as a “city/country divide” is insulting to the vast majority of concerned Australians and shows that live export advocates are still in denial about the very real pro...
Maritime Executive

OOIL Positive About COSCO Deal

By The Maritime Executive
August 6, 2018
In announcing a first-half loss of $10.3 million, the leadership of Hong Kong-based shipping and logistics company Orient Overseas (International) Limited is positive about the group's upcoming acquis...
Maritime Executive

GulfMark to Choose Between Two Mergers

By The Maritime Executive
August 6, 2018
On Monday, OSV operator GulfMark confirmed that competitor Harvey Gulf has proposed to merge in an all-stock transaction. GulfMark is currently being acquired by Tidewater, and its directors have reco...
Maritime Executive

Transport Strike Leads to Delays at Chittagong Port

By The Maritime Executive
August 6, 2018
A 36-hour transport strike in Chittagong, Bangladesh led to serious delays at the port, with thousands of export and import containers affected.  According to Bangladeshi outlet Daily Star, about 4...

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