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Maritime Executive

Offshore Maintenance Spending Likely to Increase

By The Maritime Executive
December 18, 2016
A sustained low oil price environment has led to a large number of delayed maintenance activities as offshore operators continue to look to reduce costs wherever possible, but that is now expected to...
Maritime Executive

DSME Wins FSRU Order

By The Maritime Executive
December 18, 2016
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) said on Sunday that it has won a combined 700 billion won ($590 million) in potential orders from a Greek shipping company. The order f...
Maritime Executive

Fourth Astute Class Submarine Named

By The Maritime Executive
December 18, 2016
Audacious, the fourth attack submarine in the Astute class, was officially named on Friday during a ceremony at BAE Systems’ submarine site in Barrow-in-Furness, Cumbria, UK.  Audacious has been pr...
Maritime Executive

Vale Opens Giant Amazonian Iron Ore Mine

By The Maritime Executive
December 18, 2016
Brazil's Vale has inaugurated its biggest mining project ever, lowering costs in a cut-throat market and reasserting its place as the world's biggest iron ore producer. The S11D mine in the Amazoni...
Maritime Executive

New Leadership for Toll Group

By The Maritime Executive
December 18, 2016
Global logistics company Toll Group has announced the retirement of its Managing Director Brian Kruger after five years in the role and eight years with the company. Michael Byrne will succeed Kruger...
Maritime Executive

Aide Backs Away from Trump's Taiwan Stance

By The Maritime Executive
December 18, 2016
President-elect Donald Trump's incoming White House chief of staff on Sunday played down the prospect that Trump would revisit Washington's decades-old "one China" policy, even though he suggested as...
Maritime Executive

Trump Tweets on Drone Seizure

By The Maritime Executive
December 18, 2016
China will return an underwater U.S. drone seized by a naval vessel this week in the South China Sea, both countries said on Saturday, but Beijing complained that Washington had been "hyping up" the i...
Maritime Executive

Security Council Lifts Sanctions on Five Ships

December 18, 2016
The United Nations Security Council said on Saturday it had lifted sanctions on five ships that were blacklisted in March for ties to North Korea's arms trade. The ships were among 31 vessels sanct...
Maritime Executive

Colombia River Project to Begin in January

December 17, 2016
Brazilian construction conglomerate Odebrecht will keep its majority stake in a project to make Colombia's Magdalena River navigable after receiving $250 million in financing help from a Japanese bank...
Maritime Executive

Christmas On Board the MS Helgoland

By Erik Kravets
December 17, 2016
Kravets & Kravets invite you on board the MS Helgoland for a company tradition! Almost a year exactly following the maiden voyage of the MS Helgoland, it was time to have a proper celebration on bo...

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