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Sandy Thomson Receives a SNAME Fellowship

By The Maritime Executive

November 4, 2016

At the opening session of the 2016 SNAME Maritime Convention in Bellevue, Washington, U.S.A., George A. (Sandy) Thomson has been elected a Fellow of the Society of Naval Architects and Marine Engineer...

New Mobdock Reduces Rudder Repair Cost

By The Maritime Executive

November 4, 2016

The introduction of a new underwater habitat for rudder repairs is saving shipowners thousands of dollars in emergency drydocking costs, according to Hydrex Underwater Technologies’ Production Executi...

Bourbon's Utilization Falls to 60 Percent

By The Maritime Executive

November 3, 2016

Blue-chip OSV operator Bourbon Corp. released its third quarter earnings on Wednesday, and the numbers show a lower level of chartering activity – a reversal from the firm's relatively strong performa...

Boat in LNG Carrier Attack Had Explosives On Board

November 3, 2016

Unknown assailants who opened fire on a gas tanker last week off the coast of Yemen were also carrying a “substantial amount of explosives,” the vessel’s owner said on Thursday, and a maritime source...

Hornbeck to Stack Nearly 80 Percent of OSV Fleet

By The Maritime Executive

November 3, 2016

On Wednesday, offshore vessel operator Hornbeck Offshore Services (HOS) reported a loss of $16.5 million for the quarter, down from a profit of $14 million in the third quarter of 2015. Revenue was do...

Russian Battlegroup Arrives Off Syria

By The Maritime Executive

November 3, 2016

The carrier Admiral Kuznetsov, flagship of the Russian Navy, has arrived off the coast of Syria. Her air wing is widely expected to participate in ongoing airstrikes in the siege of Aleppo. Wester...

Death Toll Rises in Pakistan Shipbreaking Fire

By The Maritime Executive

November 3, 2016

Pakistani media reported Thursday that the death toll from an explosion and fire at a shipbreaking yard has risen to 20, with as many as 130 additional workers missing and feared dead. Other report...

North American Intermodal Volumes Decline, Again

By The Maritime Executive

November 3, 2016

Total intermodal traffic recorded another volume decline in the third quarter, according to the Intermodal Association of North America's (IANA) latest quarterly Intermodal Market Trends and Statistic...

Pillarstone to Snap Up Europe Shipping Loans

November 3, 2016

Pillarstone, the platform set up by U.S. private equity firm KKR to buy non-core bank assets in Europe, looks set to take on more shipping loans after appointing an industry veteran to run its shippin...

Sea Shepherd Turtle Movie Now Available

By The Maritime Executive

November 3, 2016

Sea Shepherd Conservation Society’s sea turtle documentary Why Just One? is now available for viewing. The feature documentary, about the battle to save sea turtles in Costa Rica, can be downloaded...

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