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Maritime Executive

Industry Urged to Join UNCLOS Conservation Discussions

On Monday, a second committee meeting got underway to negotiate expansion of the Convention on the Law of the Sea (UNCLOS) to include conservation and sustainable use of marine life in areas beyond na...

Maritime Executive

Transas Unveils the Future of Maritime Operations

Today's maritime industry requires realistic solutions and concepts for a modern, integrated operational infrastructure that delivers a sustainable, viable future. Whether an autonomous ship or not...

Maritime Executive

Keppel to Deliver Bumi Armada's First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Kraken...

Maritime Executive

Caribbean Fantasy Fire Extinguished

San Juan Harbor, Puerto Rico (Aug 26, 2016)- At 7:42 a.m. on Aug. 17, a fire broke out on the vessel, the Caribbean Fantasy. The Vessel Response Plan was activated. The Caribbean Fantasy is covered...

Maritime Executive

Passenger Vessel Hits Pier in Baltimore

The U.S. Coast Guard is investigating an allision that occurred when the passenger vessel Spirit of Baltimore struck the pier at Henderson Wharf Marina in Baltimore on Sunday morning.  There were 4...

Maritime Executive

W?rtsil? and Gasum Cooperation Aims at Developing LNG Markets

Wärtsilä and Finland based Gasum have signed a joint cooperation agreement aimed at developing the use, distribution, and service solutions for natural gas in marine and onshore applications. The agre...

Maritime Executive

Regulators Require Safety Plan Before Goliat Restarts

Italian oil major Eni's Goliat platform, the first and only oil development in the Barents Sea, is still shut down following the loss of shore-supplied electrical power on Friday.  Goliat had simil...

Maritime Executive

Statoil Raises Johan Sverdrup Output Plan

Norwegian oil major Statoil said on Monday it had cut development costs by about 20 percent for the first stage of its giant Johan Sverdrup oil field, while sharply raising the expected output. The...

Maritime Executive

Refinery Wars: China, India Win

By Clyde Russell There is little doubt that China's surging exports of refined fuels have cut profit margins for Asia's refiners, but the pain is unlikely to be shared equally across all the region...

Maritime Executive

CLIO Offshore Tooling Packages in Action

The biggest challenge for offshore projects at this time is the expense and availability of equipment. CLIO Offshore’s equipment has been honed by Odyssey Marine Exploration over the past 20 years so...