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Maritime Executive

LNG: Supply and Demand Aligned

Global demand for LNG reached 265 million tons (MT) in 2016 – enough to supply power to around 500 million homes a year. This included an increase in net LNG imports of 17 MT. Many expected a stron...

Maritime Executive

Ukraine Unions Argue Over Minimum Wage

The International Transport Workers’ Federation (ITF) has condemned an offer by a coalition of Ukrainian trade unions to cut minimum wages for the country’s seafarers. The Ukrainian National Platfo...

Maritime Executive

OPEC Cuts Hurt VLCC and Suezmax Markets

Consultant Maritime Strategies International (MSI) has forecast a testing time for the crude tanker market over the next six months – and perhaps longer if OPEC is successful in extending production c...

Maritime Executive

Not Content with Local Content

Brazil and Tanzania are two countries at very different stages of oil and gas development – Brazil is a well-established powerhouse, reeling from a recent corruption scandal, while Tanzania is at the...

Maritime Executive

Lessons From the Bunker Industry's "Anni Horribilis"

[By J. Stephen Simms and Marios J. Monopolis] In 1992, Queen Elizabeth gave a speech marking her fortieth year as Queen of England. Her speech is better remembered, however, as her expression of ho...

Maritime Executive

The Jones Act Under Attack

With the Jones Act again coming under scrutiny, it is timely to remember that those most directly affected by the act are seafarers.  Over the years, lawmakers and presidents have proposed making s...

Maritime Executive

Australia's First LNG Bunkering Completed

Australia’s first commercial LNG bunkering completed in Western Australia’s north?west on January 23 by EVOL LNG for Woodside, and it has now been followed by the first LNG bunkering at Fremantle Port...

Maritime Executive

El Faro Riding Gang May Have Had Little Safety Training

On Wednesday, the Marine Board of Investigation into the loss of the con/ro El Faro continued with testimony from a former member of the Polish "riding gang," a work crew that was on board to get the...

Maritime Executive

Woman Rescued After Fall from Cruise Ship

A woman who fell overboard from the Sun Princess has been rescued after around 45 minutes in the water. Local New Zealand media reports that the woman went overboard on Friday while the cruise ship...

Maritime Executive

U.S. Strike Group 1 Starts Patrols in South China Sea

U.S. Navy Carrier Strike Group 1 has begun patrols in the South China Sea amid growing tensions with China. China has yet to officially comment on the move that the U.S. Navy says is “routine,” but...