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Maritime Executive

MacGregor Acquires Rapp Marine

By The Maritime Executive
December 21, 2017
MacGregor, part of Cargotec, has signed an agreement to acquire Rapp Marine Group (RMG) in order to strengthen its offering for the fishery and research vessel segment. MacGregor's existing portfolio...
Maritime Executive

Tests Show Ease of Hacking ECDIS, Radar and Machinery

By The Maritime Executive
December 21, 2017
Security company Naval Dome has demonstrated what it says is the maritime industry’s nightmare security scenario with a series of cyber penetration tests on systems in common use on board tankers, con...
Maritime Executive

Scanship Wins Fincantieri Contracts for Four NCL Newbuilds

By The Maritime Executive
December 21, 2017
Scanship Holding ASA through its subsidiary Scanship AS, has been awarded contracts by the Italian shipbuilder Fincantieri for the supply of total clean ship system for the Norwegian Cruise Line new g...
Maritime Executive

Nigerian Navy Rescues Chinese Fishermen from Pirates

By The Maritime Executive
December 21, 2017
On Thursday, the Nigerian Navy said that it rescued four Chinese fishermen from kidnappers near Igbokoda, an inland village about 90 miles east of Lagos. According to commanding officer Sylvanus Abbah...
Maritime Executive

U.S. Government Stops Offshore Safety Study

By The Maritime Executive
December 21, 2017
The U.S. government has halted an independent scientific study of its offshore oil and gas inspections. The Bureau of Safety and Environmental Enforcement (BSEE) has ordered the National Academies...
Maritime Executive

Euronav and Gener8 Agree to $500 Million Merger

By The Maritime Executive
December 21, 2017
On Thursday, tanker giants Euronav and Gener8 announced that they will merge, creating the world's largest independent crude tanker operator with 75 vessels, including 44 VLCCs. The merger will see...
Maritime Executive

2030 to be Turning Point for Oil and Coal

By The Maritime Executive
December 20, 2017
DNV GL has published the Maritime Forecast to 2050 which analyses the impact of the changing global energy system on the shipping industry through to 2050.  The group's Energy Transition Outlook in...
Maritime Executive

Virgin Hyperloop One Sets New Speed Record

By The Maritime Executive
December 20, 2017
Virgin Hyperloop One has named Richard Branson as non-executive Chairman and has raised an additional $50 million with investments from Caspian Venture Capital and DP World. The company has also compl...
Maritime Executive

Australia's First Submarine Found

By The Maritime Executive
December 20, 2017
Australia’s first submarine HMAS AE1 has been found, ending a 103 year maritime mystery.   The 800-ton Royal Australian Navy submarine was lost off Rabaul on September 14, 1914 with all 35 crew on b...
Maritime Executive

ABB Modernization Adds 20 Years' Service Life to Canadian Icebreakers

By The Maritime Executive
December 20, 2017
The modernization of CCGS Pierre Radisson has been successfully completed in an upgrade program that will ultimately cover 10 ships in the Canadian Coast Guard fleet. ABB has successfully concluded...

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