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Maritime Executive

Abu Sayyaf Beheads Captain of Philippine Fishing Vessel

Philippine officials reported Monday that fighters with the terrorist organization Abu Sayyaf have beheaded a fisherman, Noel Besconde, who was taken hostage during the hijacking of the Ramona 2 late...

Maritime Executive

Iran Doubles Offshore Natural Gas Production

On Sunday, Iranian President Hassan Rouhani inaugurated six new phases of development of Iran's side of the South Pars / North Dome natural gas formation, which is the world's largest at 1,800 trillio...

Maritime Executive

Taiwanese Shipyard Workers Killed in Welding Accident

On Saturday, two shipyard workers at CSBC Corporation's Kaohsiung yard were killed in a welding accident while working on a semisubmersible heavy lift ship. The workers, surnames Lu and Lin (first...

Maritime Executive

DSME Debt Rescheduling Proposal Accepted

Major bondholders of South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) accepted debt rescheduling measures proposed for the shipyard on Monday. The measures were proposed by Kor...

Maritime Executive

Australia: Free Trade Shouldn't Kill Cabotage

I admit I have been on both sides of cabotage. I have temporarily imported ships to carry cargoes (though only for short periods), imported ships that created new employment opportunities and converse...

Maritime Executive

CNOOC Looks for Offshore Development Partners

China’s oil and gas giant CNOOC has invited bids for offshore exploration blocks in the South China Sea. According to a statement by CNOOC, 22 open blocks covering an area of 47,270 square kilomete...

Maritime Executive

USS Gerald R. Ford Returns from Builder's Trials

[By Rear Adm. Bruce H. Lindsey, Commander, Naval Air Force Atlantic] Future USS Gerald R. Ford (CVN 78) completed builder’s trials and arrived in her homeport, Naval Station Norfolk for the first t...

Maritime Executive

Royal Navy Escorts Russian Warships Through the Channel

On Saturday, Royal Navy frigate HMS Sutherland escorted two Russian warships that were expected to sail through the English Channel overnight. The Type 23 frigate located the two Russian ships in the...

Maritime Executive

Gas Fleet Concept Receives Approval in Principle

Wärtsilä and COSCO Shipping Heavy Industry have announced the joint development of a natural gas operating fleet concept which has obtained Lloyd's Register's (LR) Approval in Principle.  The aim o...

Maritime Executive

Two Somali Pirates Shot Dead

Voice of America reports that foreign naval forces have shot dead two Somali pirates in international waters. The pirates were attempting to hijack an unidentified ship near the Gulf of Aden on Sat...