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Maritime Executive

China, South Korea Reach Fisheries Enforcement Deal

In a long-awaited deal on the management of their Yellow Sea maritime boundaries, China and South Korea agreed on Friday to measures to reduce conflict over fisheries near the North Korean border. Tog...

Maritime Executive

Ex-CEO of Hanjin Charged With Insider Trading

South Korean prosecutors said Friday that Choi Eun-young, ex-CEO of Hanjin Shipping, has been indicted on charges of insider trading. The prosecution alleges that Choi sold stock in Hanjin when she le...

Maritime Executive

Long-Lived Clam Yields Valuable Historic Data

Researchers from Cardiff University are learning about the history of the ocean from the longest-living animal on Earth: the quahog. You might remember the headlines from a few years ago when scien...

Maritime Executive

Faulty Hose Halts Goliat Production

Eni Norge has suspended production from the Goliat field in the Barents Sea off Norway due to a faulty offloading hose. Output was stopped on December 26 after a routine inspection found some damag...

Maritime Executive

Chilean Navy Investigates Videotaping Scandal

Chilean authorities said on Thursday they are investigating allegations that female sailors were secretly videotaped in their quarters on a naval vessel and that those images were then shared via soci...

Maritime Executive

A Ship, a Crew and a $7 Billion Fishery

The sea and sky are dark. One fades into the other. The bright deck lights of a foreign fishing boat are the only horizon reference. Roughly 70-feet in length, at two miles away, the boat appears as a...

Maritime Executive

A Small-Scale LNG First for Klaipeda

Skangas has signed an agreement with Statoil for a small-scale LNG reload at the Klaipeda LNG Terminal in Lithuania. The reload will take place early January 2017 and will be the first conducted at th...

Maritime Executive

France Reserves Right to Intervene in STX Yard Sale

In an interview published Friday, French secretary of state for industry Christophe Sirugue said that the French government will use "all the levers it has at its disposal" to ensure its objectives ar...

Maritime Executive

China to Target Overcapacity in Shipping

China will increase its targets for capacity cuts in steel and coal in 2017, while extending its campaign against overcapacity to industries such as cement, glass, electrolytic aluminum and shipping,...

Maritime Executive

Bulker Refuels Damaged Yacht on Christmas Day

The bulker Captain J. Neofotistos had a welcome Christmas gift for Stéphane Le Diraison, skipper of the racing yacht Compagnie du Lit-Boulogne Billancourt: 50 gallons of diesel, enough to get him to M...