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Maritime Executive

Blockchain Taking Hold in Shipping, Insurance

By The Maritime Executive
September 7, 2017
Blockchain technology is enjoying increased attention across the industry, with Hyundai Merchant Marine (HMM) completing its first blockchain pilot voyage as the latest development in a wave of plans...
Maritime Executive

Bibby WaveMaster 1 Officially Named in Rotterdam

By The Maritime Executive
September 7, 2017
On September 6, at 1300 hrs local time, the naming ceremony of the Bibby WaveMaster 1 took place at the cruise terminal in the Port of Rotterdam in front of more than 125 guests from the U.K.-based Bi...
Maritime Executive

MacGregor to Supply Covers and Cranes for Five Bulk Carriers

By The Maritime Executive
September 7, 2017
MacGregor, part of Cargotec, has received an order from Yangzijiang shipyard in China to equip five 62,000 dwt open hatch bulk carriers (OHBC) with hatch covers and cranes. Equipment deliveries will s...
Maritime Executive

Subsea Construction Vessel Launched in Azerbaijan

By The Maritime Executive
September 7, 2017
Baku Shipyard LLC (Baku Shipyard), a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC), has comp...
Maritime Executive

Crew of Detained Ship Left to Drink Seawater

By The Maritime Executive
September 7, 2017
Seafarers’ charity Apostleship of the Sea (AoS) has been providing support to the crew of a ship detained in Sharpness Docks, Gloucestershire, in the U.K. amid claims modern day slavery conditions wer...
Maritime Executive

Japan and UNODC Join Asian Piracy Battle

By Noel Tarrazona
September 7, 2017
The United Nations Office on Drugs and Crime (UNODC) is joining several countries in Asia to battle ISIS-inspired pirates in the Sulu and Celebes seas. This development came when UNODC and Japan fo...
Maritime Executive

Chinese Company Picked to Salvage Sewol

By The Maritime Executive
September 6, 2017
The South Korean government has hired Shanghai Salvage Co., a Chinese state-run consortium, to salvage the Sewol ferry. The company has a signed a KRW 85.1 billion ($73 million) agreement with South K...
Maritime Executive

Two Years After Sinking, Ferry Sewol Will be Raised

By The Maritime Executive
September 6, 2017
In marking the two-year anniversary of the tragic sinking of the ferry Sewol, the South Korean government issued an update Friday on the salvage effort to raise her wreck and the nine bodies thought t...
Maritime Executive

Daughter of Chonghaejin Chairman Extradited to Korea

By The Maritime Executive
September 6, 2017
Yoo Som-na, the third daughter of the chairman of the sunken ferry Sewol, has finally been extradited from France to South Korea. She will be flown under arrest to Incheon, where she will be arraigned...
Maritime Executive

Son of Chonghaejin Chairman to Pay Compensation

By The Maritime Executive
September 6, 2017
A South Korean court has ordered the eldest son of the late owner of the Sewol ferry to compensate the government for the disaster. The ferry sank in 2014 killing more than 300 people, mostly school s...

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