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Maritime Executive

Key Leaders to Discuss Fundamental Changes at the Danish Maritime Forum

Key leaders from all parts of the global maritime industry will discuss the fundamental shift in the economy and new technological advances at the Danish Maritime Forum in Copenhagen on 26-27 October....

Maritime Executive

Marlink Doubles Throughput Speeds

Marlink has doubled the burst speed on its Sealink VSAT services, enabling up to 3 Mbps for users on its data allowance packages, enabling faster Internet access and a smoother web browsing experience...

Maritime Executive

KONGSBERG Signs Contracts for Development of LNG Cruise Ferry Simulator

Kongsberg Digital, the new KONGSBERG software and maritime simulation technology division, has signed contracts with Sweden’s Chalmers University of Technology, Kalmar Maritime Academy and Linnaeus Un...

Maritime Executive

New Industry Report Confirms KVH's Position VSAT Market

The mini-VSAT Broadbandsm service of KVH Industries, Inc., (Nasdaq: KVHI), has once again been cited as the market share leader in maritime VSAT units in service, in a newly published report. “Maritim...

Maritime Executive

NordLB to Take Control of Bremer Landesbank

German state-controlled lender NordLB has agreed to take full control of its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping market that is chipping away at its capit...

Maritime Executive

Obama Talks Climate Change

Preserving natural places will help the world adapt to warming temperatures, U.S. President Barack Obama said on Wednesday as he began a 10-day trip to stress the urgency of curbing climate change and...

Maritime Executive

Asia Dry Bulk-Capesize Rates to Hold Steady

Freight rates for large capesize dry cargo ships on key Asian routes are set to remain around current levels next week on buoyant cargo volumes, ship brokers said. "The market is firm but stable wi...

Maritime Executive

Hyundai Merchant Marine to Buy Hanjin's Assets

Hyundai Merchant Marine will deploy 13 or more of its ships to Hanjin Shipping's two exclusive routes before September 7, South Korea's top financial regulator said on Thursday. Hyundai Merchant Ma...

Maritime Executive

Worldwide Fallout from Hanjin Collapse

Hanjin Shipping elected to file for court receivership on Tuesday, the first step towards what will be the largest container line bankruptcy in history – six times larger than the collapse of United S...

Maritime Executive

Shipping Prepares for Three Storms Off U.S.

As three major storm systems approach American waters, shipping and offshore operators are making plans to mitigate the risk to their staff and their assets.  Two cyclones are approaching Hawaii, H...