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DESMI Acquires Nordan Marine – A Strategic Step Forward

DESMI Acquires Nordan Marine – A Strategic Step Forward

By The Maritime Executive
February 12, 2025
[By DESMI] DESMI, a global leader in pump and flow solutions across the marine, defense, aquaculture and industry sector, is proud to announce the acquisition of Nordan Marine.  Nordan Marine is...
First UK Tests for CO2 Injection in Depleted Seabed Wells Underway

First UK Tests for CO2 Injection in Depleted Seabed Wells Underway

By The Maritime Executive
February 12, 2025
  The first tests in the UK for injecting CO2 into depleted wells under the North Sea got underway this week. The UK government is a strong supporter of the carbon capture and storage approach and...
Croatia Terminates Shipowner's Entire Board After Fatal Ferry Accident

Croatia Terminates Shipowner's Entire Board After Fatal Ferry Accident

By The Maritime Executive
February 12, 2025
  After a tragic accident that killed three seafarers aboard the aging ferry Lastovo last year, the government of Croatia is taking an unheard-of accountability action: the Croatian maritime minist...
Iran Releases Footage of "World's First" Sub-Launched Suicide Drone

Iran Releases Footage of "World's First" Sub-Launched Suicide Drone

By The Maritime Executive
February 12, 2025
Iran's defense ministry has released footage of what it claims to be the world's first submarine-launched loitering munition (suicide drone). A brief video run by state news shows a delivery device em...
Russian Shadow Tanker Attacked by Houthis is Now Caught by Sanctions

Russian Shadow Tanker Attacked by Houthis is Now Caught by Sanctions

By The Maritime Executive
February 12, 2025
The crude oil tanker Cordelia Moon (163,000 dwt) continues to have a string of bad luck. The vessel listed as owned by a company in the Seychelles and managed from India has been known to be in the...
Russian Emergency Ministry Rescues Over 100 Fisherman Stranded on Ice Flow

Russian Emergency Ministry Rescues Over 100 Fisherman Stranded on Ice Flow

By The Maritime Executive
February 12, 2025
Russian officials are reporting an unusual rescue mission to save fishermen from an ice flow that had broken away in eastern Russia on the Sea of Okhotsk. The rescue was completed successfully but n...
Panama Strengthens the Quality of Its Merchant Fleet

Panama Strengthens the Quality of Its Merchant Fleet

By The Maritime Executive
February 12, 2025
[By: Panama Maritime Authority] According to the latest evaluations, Panama has achieved a 96.5% compliance rate with international maritime safety and environmental protection standards. This mile...
China Reacts Angrily After First U.S. Transit of Taiwan Strait Under Trump

China Reacts Angrily After First U.S. Transit of Taiwan Strait Under Trump

By The Maritime Executive
February 12, 2025
Less than a month into the new Trump administration the U.S. conducted what it calls a “freedom of navigation” exercise sending two U.S. Navy vessels through the politically sensitive Taiwan Strait....
Yara Clean Ammonia and NYK Conclude World’s First Time-Charter Agreement

Yara Clean Ammonia and NYK Conclude World’s First Time-Charter Agreement

By The Maritime Executive
February 12, 2025
[By: Yara Clean Ammonia] Yara Clean Ammonia, the world’s largest ammonia distributor, signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fuelled medium gas carri...
German FSRU Operator Cancels Charter, Citing "Ruinous" Gov't Competition

German FSRU Operator Cancels Charter, Citing "Ruinous" Gov't Competition

By The Maritime Executive
February 11, 2025
  German LNG terminal operator Deutsche ReGas has terminated a charter agreement for a full-size FSRU that it brought in last year, when Germany was working hard to bring on extra capacity to repla...

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