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Maritime Executive

World's Largest Cruise Ports Close for Hurricane

By The Maritime Executive
October 6, 2016
As Hurricane Matthew approaches the east coast of Florida, the largest cruise ports in the world have had to cease operations in anticipation of high winds and storm surge.  PortMiami, Port Evergla...
Maritime Executive

Informal OPEC Talks Boost Oil Prices

October 6, 2016
Oil rose more than one percent to four-month highs on Thursday, spurred by another informal OPEC meeting on output cuts and plunging U.S. crude inventories, with some saying the market has overshot it...
Maritime Executive

Consolidation Expected in Dry Bulk Sector

By The Maritime Executive
October 6, 2016
Industry group BIMCO has published a report looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties concluding that major changes are on the horizon.   The ke...
Maritime Executive

U.S. Crude Imports Rise During First Half

By The Maritime Executive
October 6, 2016
During the first half of 2016, U.S. gross crude oil imports increased by 528,000 barrels per day (b/d), or seven percent, compared to the first half of 2015. The increase reverses a multiyear trend of...
Maritime Executive

Washington State Voices Port Concerns

By The Maritime Executive
October 6, 2016
New competitive pressures in the global supply chain and certain intrastate dynamics have the potential to slow the modernization of Washington State's port system, according to a new study released t...
Maritime Executive

Hydrogen-Fueled Ferry? Cost is the Only Obstacle

By The Maritime Executive
October 6, 2016
Researchers at Sandia National Laboratories have recently completed a feasibility study for a high-speed, hydrogen-fueled ferry for the San Francisco Bay area – and they determined that the only real...
Maritime Executive

Israeli Navy Detains 13 Female Peace Activists

By The Maritime Executive
October 6, 2016
On Wednesday afternoon, an all-female detachment of Israeli Navy sailors intercepted and detained 13 female activists who were attempting to run the Gaza naval blockade. Among those detained was Nobel...
Maritime Executive

Arctic Council Continues Environmental Studies

By The Maritime Executive
October 6, 2016
The Arctic Council concluded their latest meeting in Portland, Maine, on October 6, hearing updates from a range of working groups involved with environmental protection of the region. The three cu...
Maritime Executive

U.S. and Mexico Further Offshore Cooperation

By The Maritime Executive
October 6, 2016
The U.S. Bureau of Ocean Energy Management (BOEM) and Mexico’s Agency for Safety, Energy and Environment (ASEA) have signed a letter of intent to strengthen cooperation, coordination and information s...
Maritime Executive

Brazil Opens Up Pre-Salt to Foreign Oil Firms

By The Maritime Executive
October 6, 2016
Brazil's congress voted on October 5 to allow foreign companies to operate lease blocks in its rich pre-salt offshore oil fields.  The measure passed by an overwhelming 292-101 majority. Opposition...

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