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Maritime Executive

Weekend News Roundup

Pirate Attack The product tanker Sochima has been attacked by pirates in Gulf of Guinea. Two armed men approached the vessel by speedboat but were thwarted by security guards on board. The vessel a...

Maritime Executive

Building On Eastern Canada's Hydrokinetic Potential

Tides in some locations around the Bay of Fundy, Canada, reach a height of close to 50 feet (15 meters). Here, the world’s most powerful hydrokinetic or free-flow hydraulic turbine of up to 2MW output...

Maritime Executive

Ten Ship Order from Iran for Hyundai Heavy Industries

South Korean shipbuilder Hyundai Heavy Industries has received a $650 million order to build 10 ships for Iran's state-owned shipping company. The company will build 14,500 TEU container ships and...

Maritime Executive

First Hybrid Ferry for Seaspan

Seaspan Ferries Corporation (SFC) is pleased to announce the arrival of the Seaspan Swift, the first of two new dual-fuelled/hybrid (diesel, liquefied natural gas and battery) ferries to its fleet....

Maritime Executive

Abe's Pearl Harbor Visit Won't be for Apology

Prime Minister Shinzo Abe's visit to Pearl Harbor this month, the first by a Japanese leader, will not be to apologize for the Japanese attack 75 years ago that drew the United States into World War T...

Maritime Executive

New Tanker Routes May Offset OPEC Cut

Tanker owners are bracing for a volatile year ahead after enjoying some of the highest charter rates since 2008, with OPEC plans to curb crude output potentially cutting rates by more than 40 percent....

Maritime Executive

Increase in Species Harmed by Marine Debris

A new United Nations report found that over 800 marine animal species are affected by marine debris ingestion or entanglement.  The number species affected by marine debris has risen to 817 represe...

Maritime Executive

U.S. Congress Passes Annual Defense Bill

The U.S. Senate overwhelmingly passed a compromise version of an annual defense policy bill on Thursday without controversial provisions such as requiring women to register for the draft or allowing c...

Maritime Executive

Unions Hail New U.S.-Flag Energy Exports Proposal

On Friday, Congressman John Garamendi of California, ranking member of the House Subcommittee on the Coast Guard and Maritime Transportation, introduced a bill to require up to 30 percent of crude oil...

Maritime Executive

Malaysian Forces Kill Three Pirates, Arrest Two

On Thursday, Malaysian police forces shot and killed three kidnappers in waters near Tawi Tawi, an area known for attacks by members of the Abu Sayyaf militant group.  Spokesman Abdul Rashid told M...