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Maritime Executive

Maritime Pilots Receive IMO Bravery Award

By The Maritime Executive
December 1, 2017
Two maritime pilots who defied fire to bring a burning ship to safety, averting a major maritime catastrophe, received the 2017 IMO Award for Exceptional Bravery at Sea during the 2017 IMO awards cere...
Maritime Executive

Bordering Nations Agree to Protect Central Arctic Ocean

By The Maritime Executive
December 1, 2017
An international agreement to protect the Central Arctic Ocean against all commercial fishing has been reached with the U.S., Canada, Norway, Russia, Denmark, Iceland, Japan, South Korea, China and th...
Maritime Executive

SBM Offshore Agrees to Pay $238 Million

By The Maritime Executive
December 1, 2017
SBM Offshore, the Netherlands-based company specializing in the manufacture and design of offshore oil drilling equipment, and its wholly owned U.S. subsidiary, SBM Offshore USA Inc., have agreed to r...
Maritime Executive

Watchstander Failures Cited in USS Lake Champlain Collision

By The Maritime Executive
December 1, 2017
The U.S. Navy has released an investigative report into the May 9 collision between a South Korean fishing vessel and the guided-missile cruiser USS Lake Champlain (CG 57), citing a series of watchsta...
Maritime Executive

Search For Missing Submarine No Longer A Rescue Mission

By The Maritime Executive
December 1, 2017
Argentina's navy has said that it is no longer looking for survivors on the missing submarine ARA San Juan. "More than double the number of days have passed where it would have been possible to res...
Maritime Executive

Container Lines Finalize Mergers

By The Maritime Executive
December 1, 2017
From December 1, the Hamburg Süd Group became part of Maersk Line. Hamburg Süd remains a commercially independent company with its own sales and marketing, customer service and auxiliary departments s...
Maritime Executive

New Technologies Could Boost Cruise Ship Energy Efficiency

By The Maritime Executive
December 1, 2017
Recent developments open the way for cruise ships to enhance energy efficiency using waste heat energy, energy storage and fuel cells, says independent design consultant Foreship.  The 2020 global...
Maritime Executive

Report Calls for Full Review at USMMA and MARAD

By The Maritime Executive
December 1, 2017
The National Academy of Public Administration (NAPA) has completed a study of the U.S. Maritime Administration's policies and performance, and it includes a potentially controversial series of recomme...
Maritime Executive

First Class-Approved 3D Printed Ship's Propeller Unveiled

By The Maritime Executive
December 1, 2017
Following a rigorous testing process, verified by Bureau Veritas, the world’s first class-approved 3D printed ship’s propeller, the WAAMpeller, has been unveiled at Damen Shipyard Group’s headquarters...
Maritime Executive

Is the Dry Bulk Tramp Trade at an Inflection Point?

By Basil Karatzas
December 1, 2017
As punishingly brutal as the shipping industry can be in bad times, it’s fulfillingly rewarding in good times. Who can forget the days from a decade ago when Capesize bulkers were earning $250,000 per...

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