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Maritime Executive

Eastern Shipbuilding Delivers JEFFREY McALLISTER to McAllister Towing

Eastern Shipbuilding Group, Inc. is pleased to announce the delivery of the Twin Z-drive Reverse Tractor Tug JEFFREY McALLISTER to McAllister Towing and Transportation Co., Inc. on January 13, 2017....

Maritime Executive

Trump Approves Keystone XL Pipeline

On Tuesday, President Donald Trump signed executive orders to approve the construction of the Keystone XL and Dakota Access pipelines, rolling back the Obama administration’s actions on the controvers...

Maritime Executive

Hornblower Ramps Up for New NYC Ferry Service

Hornblower New York is ramping up for the debut of the New York Citywide Ferry, one of the most ambitious new waterborne passenger services in recent memory.  Hornblower's first 150-passenger ferri...

Maritime Executive

First Legal Export from Cuba to U.S.

The first legal exports from Cuba to the U.S. in more than 50 years arrived at Port Everglades in Florida on Tuesday.  The shipment of two containers, 40-ton, of artisanal charcoal, produced by pri...

Maritime Executive

Yang Ming Announces State-Led Recapitalization Plan

On Monday, the indebted Taiwanese container carrier Yang Ming told investors that the Taiwanese government is planning to substantially increase its 33 percent ownership stake, and that the line expec...

Maritime Executive

Ulstein to Build World's Largest Hybrid Vessel

Color Line has signed a letter of intent with Ulstein for the construction of the world's largest ever hybrid vessel, the ferry Color Hybrid.  The vessel will be able to accommodate 2,000 passenger...

Maritime Executive

New Wind Turbine Blades Mimic Hummingbirds

A Tunisian company Tyer Wind has developed a new type of wind turbine that mimics the wing movements of hummingbirds. Hummingbirds are believed to achieve extremely energy efficient hovering, having f...

Maritime Executive

OSG Settles Final Bankruptcy Claim

Tanker owner Overseas Shipholding Group went bankrupt in 2012 after disclosing that it had $500 million in previously unreported tax liabilities. On Tuesday, OSG announced that it has settled charges...

Maritime Executive

Fred. Olsen and Teekay Form Wind Vessel JV

Fred. Olsen Ocean and Teekay Offshore have entered into an agreement to develop a new vessel design for the offshore wind market. The two companies are planning to co-develop a vessel that will all...

Maritime Executive

AdvanTec Global Innovations Launches Stock Door Program

(Marine NewsWire) AdvanTec Global Innovations, parent to the Diamond Sea Glaze (DSG), Steelhead Marine (SME), Pacific Coast Marine (PCM) and Freeman Marine Equipment (FME) brands, today announced the...