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Maritime Executive

U.K. Funds Successor Submarines

Michael Fallon, U.K. Secretary of State for Defence, has announced nearly £1.3 billion ($1.7 billion) of funding for the Successor submarine program. Stay on Top of the D...

Maritime Executive

Carter, ASEAN Commit to Regional Security

The United States and its Asian-Pacific allies reaffirmed their commitment to strengthen defense cooperation in areas including maritime security and counterterrorism, Defense Secretary Ash Carter sai...

Maritime Executive

Watch: Human Rights at Sea Call to Action

Videos of some of the speakers at the International Maritime Human Rights Conference 2016 last month have now been released.  Titled: “Respect, Responsibility and Remedy in the Maritime Environment...

Maritime Executive

Kawasaki Heavy Industries May Exit Shipbuilding

Japan's Kawasaki Heavy Industries said it would consider a drastic revision of its shipbuilding business due to its worsening profitability and indicated that it may pull out of the business. The c...

Maritime Executive

Petronas Considers Sale of Canada LNG Project

Malaysian state oil firm Petroliam Nasional Bhd is considering selling its majority stake in a $27 billion Canadian LNG plant, three people familiar with the matter said this week. Petronas, as the...

Maritime Executive

Plans for Third Sakhalin-2 LNG Train

Gazprom plans to launch a third LNG production train at the Sakhalin-2 LNG plant in 2021, possibly fed by a newly drilled field, as Russian companies seek to boost their share of the global LNG market...

Maritime Executive

Brazil May Let Petrobras Sell Oil Stakes

Brazil may let state-led oil company Petrobras sell stakes in offshore oil blocks, known as transfer of rights areas, to help finance their development, a move that will require a change in the law, a...

Maritime Executive

Kashagan Oil Consortium Begins Test Pumping

The consortium of oil majors developing the giant Kashagan oilfield in Kazakhstan has begun test pumping, it said on Thursday, as the $50 billion project prepares for commercial production. The fie...

Maritime Executive

Researcher Controls Rogue Waves in the Lab

Rogue waves are unusually large surface waves that occur in the ocean. People have usually reported them as having appeared suddenly or without warning, sometimes with tremendous force. A researcher f...

Maritime Executive

World's First LNG PCTC Delivered

United European Car Carriers (UECC) has taken delivery of the world’s first LNG-fueled pure car and truck carrier from Kawasaki Heavy Industries at the Nacks shipyard in China.   The vessel will be...