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Maritime Executive

Success and Failure for Asian Pirates in November

ReCAAP ISC reports that there were nine incidents of piracy and armed robbery against ships in Asia in November 2017. Of these, two were failed attempts.  There was one case of theft of oil cargo i...

Maritime Executive

New Waste Heat Recovery System Hots Up

The development of a new waste heat recovery system could not only deliver fuel savings of up to eight percent for shipowners and operators but also transform environmental standards in the marine sec...

Maritime Executive

Object Under Investigation in Argentine Submarine Search

The Argentine navy is investigating another object found during the search for the missing submarine ARA San Juan. The navy reported on Sunday that an object found will be investigated by the remotely...

Maritime Executive

Comparing Maritime Versus Railway Transportation Costs

Several years ago, two independent studies compared maritime to railway transportation costs involving the movement of containers. It seems possible to expand on those studies to estimate transportati...

Maritime Executive

Pre-Salt Boosts Brazil's Oil Production

Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to data through August, up from 3.2 million b/d in 2016, making it the ninth-largest prod...

Maritime Executive

Video: Seven Rescued from Grounded Freighter

[Brief] On Saturday, the 2,900 dwt cargo ship Optimar went aground on a rocky shoal west of Hestskjæret, an island off Averøy, Norway.  The master radioed for assistance, and a Sea King helicopter res...

Maritime Executive

Cover Stories: The Best of 2017

The Maritime Executive featured six of the industry's best on its magazine covers this year. In January/February, Arnold Donald, CEO of global leader Carnival Corporation, shared his life story fro...

Maritime Executive

Whales: Transport Canada Issues Another Speeding Fine

Transport Canada has issued another speeding fine in its bide to protect right whales in the western Gulf of St. Lawrence. A penalty of $6,000 has been issued to the vessel C.T.M.A. Vacancier for a...

Maritime Executive

Denison Completes First Bitcoin Yacht Sale

Denison Yachting has announced that it will accept Bitcoin as payment for new yachts, following the completion of its first ever sale of a yacht involving Bitcoin. Denison Broker Wiley Sharp, who i...

Maritime Executive

Happy Holidays from The Maritime Executive Magazine

Thank you for visiting our website, subscribing to our newsletter and reading our magazine. Our readers are the best gift we get all year. Whether you're a shipowner, shipbuilder, merchant mariner, a...