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Maritime Executive

Maersk Cuts Services as Bunker Prices Rise

By The Maritime Executive
May 18, 2018
On Thursday, Maersk Group CEO Soren Skou told investors that Maersk Line will cut back capacity and feeder services in an attempt to improve profitability. Group-wide revenue rose sharply in the first...
Maritime Executive

Royal Navy Prepares for Royal Wedding

By Royal Navy News
May 18, 2018
Sailors from the Royal Navy and the Royal Marines have been training at the UK Maritime Warfare School for their duties at the much-anticipated wedding of HRH Prince Henry of Wales and Ms. Meghan Mark...
Maritime Executive

Chinese Port Trials Autonomous Tractor-Trailers

By The Maritime Executive
May 17, 2018
Chinese robotics company TuSimple plans to use port automation as a proving ground for over-the-road autonomous trucks. By the end of this year, it will have 20 of its self-driving vehicles carrying c...
Maritime Executive

First Silk Road Train Arrives at Port of Antwerp

By The Maritime Executive
May 17, 2018
The first direct train from China to Antwerp arrived at the port on May 12.  Stay on Top of the Daily Maritime News The maritime news that m...
Maritime Executive

Indian Navy Gains Access to Port on Strait of Malacca

By The Maritime Executive
May 17, 2018
The government of Indonesia has agreed to allow India to invest in the deepwater port of Sabang, Aceh, near the northwestern entrance to the Strait of Malacca. The agreement is expected to provide the...
Maritime Executive

New Dubai Cruise Terminal Planned

By The Maritime Executive
May 17, 2018
The UAE is expanding its tourism sector with plans for a new cruise terminal in Dubai approved by the government this week.  The Dubai Cruise Terminal will become Carnival Corporation’s primary hub...
Maritime Executive

Australian Port Authority Readies Clean Shipping Incentive

By The Maritime Executive
May 17, 2018
NSW Ports has become Australia's first port organization to plan to introduce an environmental incentive to shipping. The move, expected to be effective from January 1 next year, will see vessel-relat...
Maritime Executive

HMM and PSA Take Control of Busan Terminal

By The Maritime Executive
May 17, 2018
Hyundai Merchant Marine (HMM) and PSA International have secured complete ownership of the Hyundai Pusan New-Port Terminal (Pier 4) in the Port of Busan, South Korea. The companies each took a 50 p...
Maritime Executive

Rethinking the Ocean Factory Trawler

By The Maritime Executive
May 17, 2018
An entirely new design for the ocean factory trawler segment has been released by KNUD E. HANSENs Faroe Islands design team. From stem to stern this design redefines the classic trawler layout which h...
Maritime Executive

Market Potential for Ferry Service on Lake Superior

By Harry Valentine
May 17, 2018
The market for seasonal ferry services that operate on North America’s Upper Great Lakes involves shorter travel distance than road transportation. A mega-size Ro-Ro ferry could operate voyages of 380...

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