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Maritime Executive

Third Fatal Accident on SOCAR's Offshore Platforms

On Thursday, foul weather caused an accommodations unit and a 500-foot walkway on a Caspian Sea oil platform to collapse, sweeping 10 workers into the sea. One was found dead and nine remain missing....

Maritime Executive

E.U. Decision Seen as Caving in to Regionalism

The European Parliament’s Environment Committee’s decision to call for the inclusion of maritime transport into the E.U. Emissions Trading Scheme (ETS) has been criticized by key shipping industry ass...

Maritime Executive

Grand Bahama Shipyard Enjoyed a Busy 2016

Grand Bahama Shipyard Limited (GBSL), the largest and most respected shipyard in the Caribbean, performed work on 20 cruise vessels during 2016. Scope of works included significant propulsion and tech...

Maritime Executive

Chinese Navy Ship Seizes U.S. Navy Drone

A Chinese warship has seized an underwater drone deployed by a U.S. oceanographic vessel in the South China Sea, triggering a formal diplomatic protest and a demand for its return. The incident, th...

Maritime Executive

Petrobras Produces One Billion Barrels in Pre-Salt

Petrobras celebrated the production of one billion barrels of oil in the pre-salt layer on Wednesday. The milestone was reached six years after the first production system came on stream in the Santos...

Maritime Executive

Exxon Mobil Names Tillerson Replacement

Rex W. Tillerson, chairman and CEO of Exxon Mobil Corporation, has announced his intention to retire at the end of the year after being nominated for the position of Secretary of State by U.S. Preside...

Maritime Executive

Statoil Wins New York Offshore Wind Bid

Statoil has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York. Statoil will now have the opportunity to explore the potential developme...

Maritime Executive

2017: Top Cruise Industry Trends

The Cruise Lines International Association (CLIA) has announced its top cruise travel trends for 2017, highlighting a new generation of cruises and the increasingly important role that travel agents a...

Maritime Executive

Thai Cabinet Approves $25 Billion Infrastructure Plan

Thailand's cabinet has approved an infrastructure action plan worth 895.8 billion baht ($25.2 billion) for 2017, as the military government ramps up investment projects to boost a sluggish economy....

Maritime Executive

SG GLIDER Heads to Antarctica

The Solarglide team received some fantastic customer photographs of a research vessel currently working out in the bitter cold conditions of Antarctica. The crew onboard were in desperate need of a...