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FSI Announces Two Products for Relocation and Recovery of Autonomous Systems

By The Maritime Executive

September 23, 2016

Falmouth Scientific, Inc. (FSI) is pleased to offer two new products to assist in the relocation and recovery of autonomous underwater systems and assets: • SAF-553 Stand-Alone Flasher • ELPF-55...

Saudi Arabia Offers Output Cut for OPEC Deal

September 23, 2016

Saudi Arabia has offered to reduce oil production if rival Iran caps its own output this year, four sources familiar with the discussions told Reuters as Riyadh seeks an OPEC deal to curtail supply an...

New Darwin Port Pilot Boat Fully Fitted with Simrad Gear

By The Maritime Executive

September 23, 2016

Norman R. Wright & Sons recently launched a new pilot boat for the Port of Darwin, complete with a full suite of Simrad electronics including touchscreen multifunction displays, radio, autopilot, sona...

Safeguarding Food and Pharma in Containerized Supply Chains

By The Maritime Executive

September 23, 2016

The Hanjin crisis serves as a reminder that when shippers of any cargo engage with the great global transport network that is containerization, ‘caveat emptor’ must be observed. Containerization,...

Hanjin: Cash Should Cover Unloading

September 23, 2016

South Korea's government said cash held by Hanjin Shipping and funds pledged by its parent group should meet the costs of unloading some $14 billion in cargo stranded on vessels operated by the troubl...

First Ethane Out of U.S. Gulf Coast Arrives in Europe

By The Maritime Executive

September 22, 2016

Increased production of ethane in the United States has led to increased ethane exports, first by pipeline to Canada and more recently by tanker to overseas destinations. Ethane is used domestically a...

Video: The New Priok Container Terminal One

By The Maritime Executive

September 22, 2016

A video has been released showing Indonesia’s New Priok Container Terminal One. The terminal was inaugurated on September 13. On the occasion, Indonesia’s President Widodo urged state-owned Pelindo...

Egypt Arrests Crew of Capsized Migrant Boat

September 22, 2016

Egyptian authorities have arrested four crew members of a boat carrying almost 600 migrants which capsized off Egypt's coast, killing at least 43, judicial sources said on Thursday. The boat sank o...

Maersk Line Is Looking to Buy Competitors

September 22, 2016

Denmark's A.P. Moller-Maersk, the world's largest container shipping group, is ready to use its financial muscle to swallow up struggling competitors as the industry heads for further consolidation, t...

Port of Virginia Set to Expand Container Terminal

By The Maritime Executive

September 22, 2016

On Thursday, Virginia Governor Terry McAuliffe said that the Virginia Port Authority has entered into a 49-year lease extending its operation of the privately owned Virginia International Gateway, or...

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