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Maritime Executive

U.S. DoD Finds More LCS Mission Package Problems

By The Maritime Executive
November 11, 2016
The Department of Defense's Inspector General has issued a new report scrutinizing the U.S. Navy's "Knifefish" minehunting submersible, an $850 million mission package that is intended as a key compon...
Maritime Executive

Major Refinery Project Will Trim Down HFO Output

By The Maritime Executive
November 11, 2016
Canadian engineering company Genoil has announced a $50 billion letter of intent for a modern, integrated oil production, transport and refining system in Chechnya – including hydroconversion equipmen...
Maritime Executive

OPEC, Trump Could Add to Oil Supply

By The Maritime Executive
November 11, 2016
In its latest report on the world oil markets, the International Energy Agency (IEA) finds that if OPEC cannot agree to a production cut, a global oil supply glut will likely continue into 2017 – exte...
Maritime Executive

Private Maritime Security with Active Duty Personnel

By The Maritime Executive
November 11, 2016
A Cyprus-based security firm, Diaplous Maritime Services, has announced a new Nigerian division offering private maritime security services – provided in conjunction with the Nigerian Navy.  Accord...
Maritime Executive

Shortage of Aframax Tankers in Med

November 11, 2016
Freight rates for Aframax tankers on Black Sea-Mediterranean and cross Mediterranean routes almost doubled on Friday to their highest since July, driven by demand for loadings at the end of November a...
Maritime Executive

Trump Sees Abe as Ally, Wants More Ships

November 11, 2016
U.S. President-elect Donald Trump's meeting next week with Japanese Prime Minister Shinzo Abe may mark the start of talks to garner Japan's support for a push back against China's growing influence in...
Maritime Executive

Carrier Alliances Should Not Control Service Prices

By The Maritime Executive
November 11, 2016
On October 21, 2016, after several months of deliberation, the Federal Maritime Commission approved the Ocean Alliance vessel sharing agreement between CMA CGM / APL, China COSCO, Evergreen Line and O...
Maritime Executive

West Delta Platform Explosion: Lack of Basic Safety

By The Maritime Executive
November 11, 2016
The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has released the panel investigation report into the November 20, 2014, explosion and fatality on the West Delta Block 105 Platform E pla...
Maritime Executive

Norway, Britain Sign Defense Deal

By The Maritime Executive
November 11, 2016
NATO allies Britain and Norway agreed on Thursday to beef up their defense cooperation, including maritime surveillance and joint exercises on Norwegian soil, amid concerns about a more assertive Russ...
Maritime Executive

Veterans Day: The Courage to Serve

By The Maritime Executive
November 11, 2016
November 11 is an opportunity to pause and say thank you to veterans for their courage to serve. Originally called Armistice Day, named after the armistice treaty signed on November 11, 1918 effective...

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