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Maritime Executive

Shell Marine Secures Big Ship Commitment from COSCO Shipping

By The Maritime Executive
December 6, 2017
Shell Marine has recently been awarded China Ocean Shipping (Group) Company’s (COSCO Shipping) largest marine lubricants order in 2017. This order will include the full range of marine lubricants and...
Maritime Executive

Britannia P&I's Preferred "Hard Brexit" Location Option

By The Maritime Executive
December 6, 2017
Following the June 23, 2016 referendum and the U.K.’s triggering of Article 50 on March 29, 2017, Britannia’s Board has been considering plans to preserve the ability of the Association to write non-U...
Maritime Executive

Roxtec Supplies Dana Petroleum's New North Sea FPSO

By The Maritime Executive
December 6, 2017
Innovative cable sealing solutions designed by Roxtec have been used in the construction of Dana Petroleum’s new Western Isles floating, production, storage and offloading (FPSO) vessel, which started...
Maritime Executive

Samsung Heavy Industries Announces New Losses

By The Maritime Executive
December 6, 2017
Samsung Heavy Industries' stock lost thirty percent of its value on Wednesday after the number three shipbuilder announced new losses and a $1.4 billion rights offering, which will dilute existing sha...
Maritime Executive

VIKING Welcomes New Country Director

By The Maritime Executive
December 6, 2017
Omur Izgili will take over as VIKING’s new Country Director for Turkey, Greece, Bulgaria, Romania and Lebanon on January 1, 2018. He is succeeding Yasin Kasa, who has been appointed Senior Commercial...
Maritime Executive

Wärtsilä HY Hybrid Tug Design Launched at Marintec

By The Maritime Executive
December 6, 2017
The technology group Wärtsilä has adapted its ground-breaking hybrid tug design to specifically meet the needs of the Chinese market. This version of the Wärtsilä HYTug has received an Approval-in-Pri...
Maritime Executive

Japanese LNG-Powered Coal Carrier Design Approved

By The Maritime Executive
December 6, 2017
Mitsui O.S.K. Lines (MOL), Tohoku Electric Power and Namura Shipbuilding have jointly earned an Approval in Principle from Lloyd's Register for the design of an LNG-powered coal carrier. This is Ja...
Maritime Executive

Asian Piracy at Ten-Year Low

By The Maritime Executive
December 6, 2017
There were no piracy incidents reported to ReCAAP ISC last week, and the period from January to October was the lowest over the last 10 years, reports the agency.  During January-October 2017, 60 i...
Maritime Executive

Statoil Greenlights Arctic Offshore Oil Project

By The Maritime Executive
December 5, 2017
Statoil has given the green light to the biggest offshore project of 2017, a $6 billion development in the Barents Sea called Johan Castberg. The field is believed to hold about 450-650 million barrel...
Maritime Executive

KR Launches Survey Services Using Drones

By The Maritime Executive
December 5, 2017
Korean Register (KR) – an IACS member classification society – has announced that it is now conducting inspection services using drones, responding to the industry-wide trend to use more unmanned tech...

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