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Maritime Executive

U.S. Navy Conducts Drill Close to North Korea

On Monday, the destroyer USS Spruance joined South Korean forces in the Sea of Japan for a joint naval exercise, the closest ever to North Korean waters, the U.S. Navy said.  U.S. Forces Korea comm...

Maritime Executive

India Secures Seabed Mining Rights

The International Seabed Authority and the Government of India have signed a 15-year exploration contract for polymetallic sulfides. The contract was signed on Monday in New Delhi, India by the Sec...

Maritime Executive

Canada Confirms HMS Terror Find

Canada confirmed on Monday it has found the wreck of HMS Terror, the second of two British ships lost in the disastrous Franklin Arctic voyage of 1845, and said the government will work closely with n...

Maritime Executive

Drewry: THE Alliance Less Competitive Without Hanjin

Analysts with Drewry say that Hanjin's collapse will put the newly formed THE Alliance at a "size disadvantage" next spring, with just 24 percent of the East-West route capacity and limited ability to...

Maritime Executive

Golfing King Arnold Palmer Dies at 87

Arnold Palmer, known as “The King” of golf, died on Sunday aged 87. Palmer was regarded as one of the greatest players in professional golf history, but he was also a former U.S. Coast Guardsmen and p...

Maritime Executive

Shareholders Say Yes to Baltic Exchange Takeover

On Monday, Baltic Exchange shareholders approved a $112 million takeover by Singapore Exchange in a deal giving SGX access to the multi-billion-dollar freight derivatives market. At its general mee...

Maritime Executive

Erik van der Noordaa Succeeds Ren? ten Brinke as CEO of the RH Marine Group

RH Marine Group is now ready for the next phase towards a new future, which also requires a different type of leadership. The Supervisory Board and Shareholders would therefore like to announce the ap...

Maritime Executive

Corvus Energy Selected to Power New UK Hybrid Ferry

Corvus Energy Inc. is pleased to announce that Wärtsilä, the world’s leading provider of ship machinery, propulsion and maneuvering solutions, has selected Corvus Energy as the supplier of the lithium...

Maritime Executive

W?rtsil? to Participate in Research for Autonomous Marine Transport

Wärtsilä's strong commitment to developing the technologies, the system reliability, and the essential designs to enable the viability of autonomous shipping is again emphasized through its participat...

Maritime Executive

Kalmar Automatic Stacking Cranes Arrived to DP World in Brisbane Fully Erected

Kalmar, part of Cargotec, is pleased to announce the phase 2 of the DP World Brisbane Automatic Stacking Cranes (ASC) project has kicked off with a successful target delivery. The shipment carrying...