Search Results for "how to buy ships"

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Maritime Executive

Trump Wants to Fix Pinch Point for Great Lakes Shipping

Officials in Michigan are pleased that U.S. President Donald Trump is in favor of improvements to the Soo Locks, which connect Lake Superior with Lake Huron. The route is critical for transporting iro...

Maritime Executive

Anglo-American Exits Deep-Sea Mining Project

Mining conglomerate Anglo-American confirmed Friday that it is ending its investment in Nautilus Mining, the Canadian deep-sea mineral recovery firm behind the Solwara 1 project.  Anglo-American on...

Maritime Executive

U.S. Navy Resurrects 2nd Fleet to Counter Russian Threat

The U.S. Navy's Chief of Naval Operations, Adm. John Richardson, announced Friday that the service is reestablishing U.S. 2nd Fleet, which was folded into Fleet Forces Command in 2011. The new command...

Maritime Executive

Seoul Resurrects Plan for Joint Shipbuilding with North Korea

In 2007, South Korea and North Korea agreed to pursue joint economic development projects as part of a broader reconciliation deal. The agreement included a rail line and a freeway to Pyongyang, an in...

Maritime Executive

Wärtsilä Finalizes Purchase of Transas

The technology group Wärtsilä has finalized its acquisition of navigation software and training firm Transas. The purchase, which was announced in March 2018, has a transaction value of $250 million. ...

Maritime Executive

Rolls-Royce On Course for Growth in Brazil with MTU Marine Engines

Rolls-Royce has won an order to supply MTU engines for four new tugs for Aliança Navegação, a company owned by the Hamburg Süd shipping line. The shipping company uses 16-cylinder MTU Series 4000...

Maritime Executive

First Sea Trial: Veth Integrated L Drive with Damen Volt Processor

The first Integrated L-drive is delivered to Damen Shipyards’ Volt Processor (Utility Vessel 4312, Remoy Management AS). At the 24th of April 2018, the sea trial of world’s most compact electric propu...

Maritime Executive

Damage Control Test: Coast Guard vs. Navy

On May 1, Resolve Marine Group's Maritime Academy hosted its annual Damage Control Olympics in Port Everglades, Florida. The event was scheduled as a part of Fleet Week 2018 and Broward County Navy Da...

Maritime Executive

Waste to Power

More than 27 million holidaymakers travel around the world on cruise ships each year, and with up to 9,000 people living on one ship alone, vessels need be equipped to dispose of large amounts of wast...

Maritime Executive

Blues Cruise Brings Music and Relief to Storm-Damaged Islands

A popular Holland America Line "Blues Cruise" to the Caribbean continued as scheduled this year, despite damage from the 2017 hurricane season, and its organizers brought live music and fundraising dr...