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Development Completed for the First Floating Ammonia-to-Hydrogen Cracker

Development Completed for the First Floating Ammonia-to-Hydrogen Cracker

By The Maritime Executive
April 24, 2025
  A project launched in 2023 by Höegh Evi and Wärtsilä’s Gas Solutions unio has completed the development of the world's first floating ammonia-to-hydrogen cracker. According to the companies, this...
Fortescue Founder Calls on Saudis to Support IMO Carbon Plan

Fortescue Founder Calls on Saudis to Support IMO Carbon Plan

By The Maritime Executive
April 24, 2025
  The fight over shipping's carbon is far from over, even though IMO member states passed a framework agreement at MEPC 83. Many of the key details about qualifying fuels and well-to-wake measureme...
Somali Dhows Serve All Sides and Pose an Interception Challenge

Somali Dhows Serve All Sides and Pose an Interception Challenge

By The Maritime Executive
April 24, 2025
  Recent reports suggest that the Houthis are now trying to establish their own version of the Axis of Resistance by forming links with insurrectionist groups across the Gulf of Aden into Somalia....
Trump Administration Suspends Funding for UMaine Floating Wind Research

Trump Administration Suspends Funding for UMaine Floating Wind Research

By The Maritime Executive
April 24, 2025
  In its latest move against the offshore wind energy sector, the Trump administration suspended funding for a research project developing prototypes for floating offshore wind turbines. The move c...
EU Aims Crackdown at Shadow Fleet Requiring Filing of Insurance Documents

EU Aims Crackdown at Shadow Fleet Requiring Filing of Insurance Documents

By The Maritime Executive
April 24, 2025
The European Commission has adopted what is being called a crucial measure to enhance maritime safety and environmental protection around the EU’s coastline. Under the measure added to the 20-year-o...
A Chinese Jackup Rig off South Korea Raises Suspicions of Expansionism

A Chinese Jackup Rig off South Korea Raises Suspicions of Expansionism

By The Maritime Executive
April 23, 2025
China's drills around Taiwan and its ambitions in the South China Sea get plenty of attention, but officials in South Korea warn that it is also encroaching on a contested space in the Yellow Sea - an...
Jury Awards $2.8M to Crewmembers of Superyacht That Sank a Tanker

Jury Awards $2.8M to Crewmembers of Superyacht That Sank a Tanker

By The Maritime Executive
April 23, 2025
  Three former crewmembers of a yacht that hit and sank a tanker in 2021 have won millions of dollars in damages in a suit against the yacht's owners.  On the evening of December 23, 2021, the p...
Crewmember From Carrier USS Nimitz Goes Missing on Guam

Crewmember From Carrier USS Nimitz Goes Missing on Guam

By The Maritime Executive
April 23, 2025
  A sailor from the carrier USS Nimitz has gone missing in Guam, and his ship has sailed without him, according to the Navy.  Sailor Gabriel D. Holt was off base when he was last seen late on Ap...
Maritime Executive

Shipping Stocks Begin to Regain Losses After Hints of a Tariff Reprieve

By The Maritime Executive
April 23, 2025
  Clear signals that the Trump administration wants to pare back its new tariffs have prompted a market recovery, and key stocks in cruise and commercial maritime have begun to regain the losses th...
ABS Chairman Wiernicki to Retire After Leading Organization for 14 Years

ABS Chairman Wiernicki to Retire After Leading Organization for 14 Years

By The Maritime Executive
April 23, 2025
  ABS Chairman and CEO Christopher J. Wiernicki announced at the 163rd ABS Annual Members Meeting that he will step down as Chairman and CEO and retire at the end of 2025. He has led the class orga...

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