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Maritime Executive

Decommissioning Leadership Group Formed

Industry leaders have joined together to shape the future of decommissioning through the formation of the Decommissioning Leadership Group. Conceived and managed by Decom North Sea, the group held its...

Maritime Executive

New Trade Restrictions from G20 Economies Double

The World Trade Organization’s 19th  monitoring report on Group of 20 (G20) trade measures shows that new trade-restrictive measures have doubled compared to the previous review period. The report als...

Maritime Executive

Coin Ceremony Held for Costa Smeralda

A coin ceremony has been held at Meyer Turku shipyard in Finland to mark the beginning of the hull assembly for new Costa Cruises ship Costa Smeralda.  Costa Smeralda is expected to commence operat...

Maritime Executive

Search and Rescue Cooperation Founders in the Mediterranean

Malta’s detention of the Sea-Watch 3 vessel on July 2 represents an increasingly aggressive crackdown on NGO search and rescue vessels in the central Mediterranean. While many groups halted their acti...

Maritime Executive

Favorable Outlook for Young Ship Prices

The price of prime aged vessels, young vessels around five years old, is expected to rise over the next two years. Putting extended trade disputes aside, most market segments have favorable tailwinds....

Maritime Executive

Chinese Shark-Fishing Fleet Released Without Charge

The fleet of 15 industrial fishing vessels arrested for targeting sharks by Timor Leste authorities in September 2017 has been released without charge. On September 9 2017, Sea Shepherd’s M/V Ocean...

Maritime Executive

Counting "Invisible" Containers

Industry analyst Dynamar says 124 carriers are acting as feeder container operators worldwide, deploying an annual trade capacity of 43 million TEUs. Generally, feeder containers do not appear in trad...

Maritime Executive

Fischer Panda UK Announces Type Approval for Generator Range

Leading marine system specialist Fischer Panda UK has announced at Seawork that its range of generators from the new Panda 4000s Neo up to the next generation iSeries Panda 45i genset have successfull...

Maritime Executive

Ulstein Verft to Build Large Cable Laying Vessel for Nexans

Nexans Subsea Operations has announced a shipbuilding contract with Ulstein Verft on the construction of a large, DP3 cable laying vessel. CEO Gunvor Ulstein, Ulstein Group, comments: “We are very...

Maritime Executive

Damen Reveals New Fast Crew Suppliers 2710 and 1204

Damen showed two new fast crew supply vessels to the world for the first time on July 3 at the 2018 Seawork International Exhibition and Conference, currently underway in Southampton, U.K. The FCS 271...