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Maritime Executive

EMRI Prepares to Launch New Flexible Joystick Panel

Visitors at the maritime trade fair SMM in Hamburg September 4-7 will have the opportunity to be the first to see the new joystick panel from EMRI, the IMJ11. It can be used on board all types of larg...

Maritime Executive

Winners of "Better Shipping for a Better Future" Art Contest Announced

Two grand prize winners and 10 finalists have been selected from over 500 entries in the 2018 Better Shipping for a Better Future calendar art contest sponsored by the North American Marine Environmen...

Maritime Executive

Sunken Duck Boat's COI Contained Strict Weather Limits

The U.S. Coast Guard has released the Certificate of Inspection (COI) for the Stretch Duck 07, the amphibious tour boat that went down in Table Rock Lake, Missouri on July 19. The COI contains operati...

Maritime Executive

Transocean Posts $1 Billion Impairment for Four Floaters

On Wednesday, leading offshore rig operator Transocean posted an impairment totaling $1 billon from writedowns for four deactivated floaters and goodwill, leading to a net loss of $20 million for the...

Maritime Executive

Kidnappings Accelerate in the Gulf of Guinea

According to security firm EOS Risk Group, Nigerian pirates have kidnapped 35 seafarers from vessels in the Gulf of Guinea so far this year. From January through June 2018, EOS recorded 34 Nigerian pi...

Maritime Executive

ONE Takes $120M Loss Due to "Teething Problems"

Ocean Network Express (ONE), the ocean carrier comprising the container operations of NYK, MOL and K Line, posted a loss of $120 million in the first quarter due to "operational teething problems that...

Maritime Executive

China Bases Rescue Ship at Subi Reef

China said on Monday that it is basing the rescue ship Nanhai Jiu 115 at Subi (Zhubi) Reef, part of the Spratly Islands of the South China Sea. The Chinese government said that the move shows its c...

Maritime Executive

Paris MoU Finds Navigation Campaign Results Satisfactory

The Paris MoU has released its final report into its Concentrated Inspection Campaign (CIC) on Safety of Navigation conducted last year, saying the overall result was satisfactory. The campaign was...

Maritime Executive

MH370: Nothing Amiss with Crew or Plane

The Malaysian government has released the Safety Investigation Report into missing Malaysia Airlines flight MH370. The report states that investigators have been unable to determine the real cause for...

Maritime Executive

Cruise Industry Embraces Transcritical CO2 Technology

International technology group GEA signed a contract for its new transcritical CO2 industrial refrigeration technology with P&O Cruises, part of Carnival Corporation & PLC, the world’s largest commerc...