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Large Shipping Losses Declining

By The Maritime Executive

July 25, 2018

Large shipping losses have declined by 38 percent over the past decade, according to Allianz Global Corporate & Specialty SE’s (AGCS) Safety & Shipping Review 2018. There were 94 total losses repor...

Photos: Passenger Catamaran Burns off Pontevedra, Spain

By The Maritime Executive

July 25, 2018

On Tuesday afternoon, the passenger catamaran Boramar caught fire and burned near A Toxa Island (Illa da Toxa), a tourist destination just off Pontevedra, Spain. All 52 people on board were rescued, b...

L'Austral Grounding: Loss of Awareness during ?Blind Pilotage?

By The Maritime Executive

July 25, 2018

New Zealand's Transport Accident Investigation Commission has released its investigation report on the 2017 grounding of the cruise ship L'Austral, operated by the French cruise line Compagnie du Pona...

Damen and Skoon Energy Sign Agreement for Sustainable Solutions

By The Maritime Executive

July 25, 2018

Damen Shipyards Group and Skoon Energy have signed a cooperation agreement of understanding for the advancement of energy transition in the shipping industry. The agreement combines Damen’s 90 years o...

Med Marine Delivered New 2350 ASD Tugboat to its Harbor Fleet

By The Maritime Executive

July 25, 2018

Med Marine’s new tugboat, MED XXVIII, sailed through Istanbul’s Bosphorus and joined Med Marine’s national fleet in ?skenderun Bay Province. The vessel is a Robert Allan Design RAmparts 2300-MM tug...

Multi-Purpose Cargo Berth Construction Moves Ahead at Port Canaveral

By The Maritime Executive

July 25, 2018

Work is under way on a multi-purpose cargo berth project at Port Canaveral that also will accommodate facilities for the growing commercial space industry. Scheduled for completion in mid-2019, Nor...

Upgraded Wärtsilä 20 Engine Attracting Multiple Customer Orders

By The Maritime Executive

July 25, 2018

The technology group Wärtsilä has received a series of notable orders for the upgraded version of its Wärtsilä 20 engine. A total of 33 engines have been ordered for merchant auxiliary power applicati...

Inmarsat: Businesses Expect IoT to Boost Revenues by $154 Million

By The Maritime Executive

July 25, 2018

The Industrial Internet of Things (IIoT) is set to make a sizeable contribution to the global economy by 2023. This is according to a new global study launched today by Inmarsat (LSE:ISAT.L), the worl...

Sea Machines Quadruples Headcount in 18 Months, Has More Jobs

By The Maritime Executive

July 25, 2018

Boston-based developer of autonomous vessel technology Sea Machines Robotics announced today that it has quadrupled in size in the past 18 months. This significant increase in talent, based both the U...

WinGD Appoints New CEO

By The Maritime Executive

July 25, 2018

WinGD are pleased to announce the appointment of Klaus Heim as Chief Executive Officer effective August 6, 2018. Klaus Heim joins WinGD from OMT in Turin, Italy, where he currently holds the positi...

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