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Statoil Expands Exploration Plans for 2017

By The Maritime Executive

January 5, 2017

Norwegian state-owned oil firm Statoil announced Wednesday that it will be expanding its offshore exploration program by one third in 2017, an adjustment that runs counter to its competitors' cost-red...

Chinese Navy Thwarts Pirate Attack

By The Maritime Executive

January 5, 2017

The 24th and 25th Chinese naval escort flotillas fired warning shots at four suspected pirate boats attempting to approach a commercial vessel at high speed in the Gulf of Aden on January 1. The P...

Wartsila Carries Out Repowering of Italian Ferry Moby Zaza

By The Maritime Executive

January 5, 2017

The Italian ferry company Moby S.p.A has chosen Wärtsilä to carry out the repowering of its passenger ferry MV Moby Zaza. Wärtsilä was chosen as a partner because of its ability to provide the fastest...

Global Warming Hiatus Disproved - Again

By The Maritime Executive

January 5, 2017

A controversial paper published two years ago that concluded there was no detectable slowdown in ocean warming over the previous 15 years - widely known as the “global warming hiatus” - has now been c...

BIMCO Forecasts a Slow 2017 for Shipping

By The Maritime Executive

January 4, 2017

On Tuesday, analysts with BIMCO forecast lower growth potential for shipping in coming years, thanks to continued overcapacity and to national subsidies for shipbuilding activity. "Government supp...

Japanese Yards Take Second Place for Order Backlog

By The Maritime Executive

January 4, 2017

Shipping research firm Clarksons released a report on Wednesday showing that Japanese shipyards have edged their way into the number two position by orderbook for the first time in 17 years, exceeding...

Boeing Rumored to Take Up MH370 Search

By The Maritime Executive

January 4, 2017

Aviation expert John Goglia, a safety consultant and former member of the National Transportation Safety Board, has said that Boeing will most likely take the lead in a privately-run search for the mi...

Cruise Ship Delayed by Chinese Smog

By The Maritime Executive

January 4, 2017

A cruise ship was stuck at sea on New Year’s Eve as it was unable to dock in the heavy smog enveloping China’s Port of Tianjin. Local media report that the vessel, with over 2,000 people on board,...

First Open Hatch Traverse of Northern Sea Route

By The Maritime Executive

January 4, 2017

HHL Valparaiso was the first vessel to sail open hatch through the Northern Sea Route when it delivered two giant ship-to-shore cranes from the European to the Far East region of Russia late last year...

Melting Arctic Coastlines May Affect Fisheries

By The Maritime Executive

January 4, 2017

As the Arctic warms and sea ice cover retreats, the erosion of permafrost coastlines is accelerating, scientists with NASA, the USGS and academic institutions say. In addition to the social and econom...

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