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Ørsted Ousts CEO as Pressure Continues in Offshore Wind Sector

Ørsted Ousts CEO as Pressure Continues in Offshore Wind Sector

By The Maritime Executive
January 31, 2025
Danish renewable energy giant Ørsted reported today, January 31, a change in CEOs as the company continues to struggle with pressures in the offshore wind sector. The news of the change in leadershi...
Historic Washington State Ferry Cheats Scrappers to Become Floating Office

Historic Washington State Ferry Cheats Scrappers to Become Floating Office

By The Maritime Executive
January 31, 2025
One of the storied ferries familiar to residents of Washington State for its more than 50 years of service is cheating the scrappers and by a quirk of fate will be saved through creative reuse.  Eve...
Rescue Plan Emerges for Germany’s FSG and Nobiskrug Shipyards

Rescue Plan Emerges for Germany’s FSG and Nobiskrug Shipyards

By The Maritime Executive
January 31, 2025
  At a press conference on Friday, January 31, at the now closed FSG Shipyard (Flensburger Schiffbau-Gesellschaft) the provisional insolvency administrators announced their rescue plan for the grou...
Video: Massive Fire Damages Shipyard in Egypt

Video: Massive Fire Damages Shipyard in Egypt

By The Maritime Executive
January 31, 2025
  [Brief]  A massive fire broke out overnight in one of the Egyptian shipyards south of the Suez Canal. According to local media reports the yard area that was damaged by the fire was used for fish...
Royal Caribbean’s Second-Generation Innovator Departs for Scrap

Royal Caribbean’s Second-Generation Innovator Departs for Scrap

By The Maritime Executive
January 31, 2025
  Another of the last survivors from the second generation of the modern cruise ship era and a pioneer for Royal Caribbean Cruise Line has quietly slipped away on her final voyage. Introduced in 19...
Norway Releases Reefer Cargo Ship After Investigation into Cable Damage

Norway Releases Reefer Cargo Ship After Investigation into Cable Damage

By The Maritime Executive
January 31, 2025
Norwegian authorities late on Friday, January 31, reported they have released a Norwegian-owned reefer cargo ship used in the fish trade after a day-long investigation. It was the latest vessel to b...
Kongsberg Maritime Selected for Hybrid & Propulsion Upgrade of NCA's Vessel

Kongsberg Maritime Selected for Hybrid & Propulsion Upgrade of NCA's Vessel

By The Maritime Executive
January 31, 2025
[By: Kongsberg Maritime] Kongsberg Maritime is proud to announce its selection as the lead integrator for a significant green upgrade of the Norwegian Coastal Administration's (NCA) hybrid vessel,...
Full-Scale Ammonia Engine Runs at 100% Load

Full-Scale Ammonia Engine Runs at 100% Load

By The Maritime Executive
January 31, 2025
[By: MAN Energy Solutions] MAN Energy Solutions has reported that its ME-LGIA (-Liquid Gas Injection Ammonia) engine, currently undergoing testing at its Research Centre Copenhagen (RCC) facility,...
Josh Smithson Elected as New Tanker FFABA Chairman

Josh Smithson Elected as New Tanker FFABA Chairman

By The Maritime Executive
January 31, 2025
[By: Baltic Exchange] Josh Smithson from Braemar-GFI Freight Derivates has been elected as the new Chairman of the Tanker FFA Brokers’ Association (FFABA). He replaces Sam Mitchell, also from Braem...
New Report Reveals HEMEXPO’s €2 Billion Contribution to Greek Economy

New Report Reveals HEMEXPO’s €2 Billion Contribution to Greek Economy

By The Maritime Executive
January 31, 2025
[By: HEMEXPO] A new report from HEMEXPO, the leading Greek marine equipment manufacturers and exporters association for the international shipping industry, has highlighted the association’s signif...

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