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SGX and Baltic Exchange Extend Period of Exclusive Discussions

By The Maritime Executive

July 25, 2017

Singapore Exchange (SGX) has agreed with the Baltic Exchange Limited (Baltic Exchange) to extend the period of exclusive discussions regarding a cash offer for 100% of the share capital of the Baltic...

Vietnam Halts South China Sea E&P After Chinese Threats

By The Maritime Executive

July 25, 2017

Following alleged "threats" from China, Vietnam has ordered Spanish oil firm Repsol to halt E&P activity at Block 136-03, an exploration lease located near Vanguard Bank in the South China Sea. Diplom...

U.S. Navy Vessel Fires Warning Shots at Iranian Boat

By The Maritime Executive

July 25, 2017

On Tuesday afternoon, the Cyclone-class patrol vessel USS Thunderbolt fired multiple warning shots at an Iranian Revolutionary Guard Corps patrol boat. The IRGC Nassar-class boat came to within 150 ya...

Adm. Zukunft Calls for More Coast Guard Funding

By The Maritime Executive

July 25, 2017

On Tuesday, Coast Guard Commandant Adm. Paul Zukunft testified before the House Subcommittee on Coast Guard and Maritime Transportation about acquisition programs and the need for more funding. Dur...

Exxon Strikes Oil Again Off Guyana

By The Maritime Executive

July 25, 2017

Exxon Mobil said Tuesday that it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total discovery to approximately 500 million barrels oil equivalent. The resu...

Crowley Launches a Rare Benefit: Parental Leave

By The Maritime Executive

July 25, 2017

Crowley Maritime employee and father Ezra Clark is taking advantage of a new benefit for employees that is uncommon in American business: 12 weeks of fully paid parental leave. “It really means a...

Shell's Prelude FLNG Reaches Australian Waters

By The Maritime Executive

July 25, 2017

Shell Australia announced Monday that its Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters. Shell Australia Chairman Zoe Yujnovich said the arrival of the Pre...

Petronas Cancels Giant B.C. LNG Terminal

By The Maritime Executive

July 25, 2017

Petronas subsidiary Pacific NorthWest LNG (PNW LNG) announced Tuesday that its proposed $36 billion liquefaction plant in Port Edward, British Columbia has been canceled. The consortium cited a "c...

Announcing Arctic Shipping Forum North America

By The Maritime Executive

July 25, 2017

On the 1st of January 2017, the International Code for Ships Operating in Polar Waters – more commonly known as the Polar Code – entered into force. Drawn up by the International Maritime Organization...

ABS Classes U.S.-Built Liquefied Gas Barge

By The Maritime Executive

July 25, 2017

Delivery of the Harvest represents significant milestone for the U.S. fleet. ABS, a leading provider of classification and technical services to the marine and offshore industries, is pleased to c...

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