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Maritime Executive

Social Media Could Boost Search and Rescue Operations

By Abdelkhalik Kamal Eldin Soliman Selmy
April 2, 2018
Over 2,480 people died in marine disasters in 2015, and the financial cost of these disasters was $1.7 billion. A coordinated approach to using social media in search and rescue has the potential to r...
Maritime Executive

China's Belt and Road Investment Accelerates

By The Maritime Executive
April 2, 2018
China’s investment in Belt and Road countries could reach $300 billion by 2030, more than double the current level, predicts Standard Chartered.  The initiative has accelerated growth in the nation...
Maritime Executive

Right Whale Breeding Season Ends Without Calves

By The Maritime Executive
April 2, 2018
On Saturday, the breeding season for North Atlantic right whales ended without the sighting of a single new calf, the first time that this has occurred since recording began. Only five calves were bor...
Maritime Executive

Stephan Schaller Takes Over as Head of Voith Group

By The Maritime Executive
April 2, 2018
As of April 1, 2018, Stephan Schaller has begun in his role as head of the Corporate Board of Management at Voith GmbH & Co. KGaA and will lead the international technology company from now on. He...
Maritime Executive

China and Vietnam to Settle South China Sea Claims

By The Maritime Executive
April 2, 2018
On Sunday, Chinese Foreign Minister Wang Yi announced that China and Vietnam are moving towards a settlement agreement on the status of their sovereignty claims in the South China Sea. "We have agr...
Maritime Executive

Fire Off Balikpapan Kills Two Fishermen

By The Maritime Executive
April 2, 2018
On Saturday, a fire broke out near the bulker Ever Judger at Balikpapan Bay, Indonesia. Two individuals - believed to be fishermen - were killed, and one of the Judger's crewmembers suffered burn inju...
Maritime Executive

Shipping Industry Confidence Reaches Four-Year High

By The Maritime Executive
April 1, 2018
Shipping confidence reached a four-year high in the three months to end-February 2018 among shipowners, but charterers have different feelings, according to the latest Shipping Confidence Survey from...
Maritime Executive

Ice-Breaking LNG Carrier Vladimir Rusanov Loads First Cargo

By The Maritime Executive
April 1, 2018
The ice-breaking LNG carrier Vladimir Rusanov completed her first LNG loading operation at Sabetta port last week. The newbuild was ordered by MOL and China COSCO Shipping Corporation and is the first...
Maritime Executive

Sri Lankan Navy Salvages World War II Wreck

By The Maritime Executive
April 1, 2018
The wreck of the SS Sagaing, one of Sri Lanka's famous naval ships, has been refloated after 75 years. The vessel sank in Trincomalee Harbor during World War II, and the successful salvage has been ha...
Maritime Executive

Port of Oakland Forecasts Steady Growth

By The Maritime Executive
April 1, 2018
Containerized cargo volume moving through this city is expected to increase two percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outsi...

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