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Maritime Executive

Hapag-Lloyd Posts First Half Operating Loss

German container shipping group Hapag-Lloyd said it dropped to a first-half operating loss as disappointing freight rates hurt its business. The loss before interest and tax (EBIT) came to 39.7 mil...

Maritime Executive

New Powers to Tackle Slavery at Sea in U.K.

Thousands of law enforcement officers across the United Kingdom will be empowered to join the fight against modern slavery at sea using new powers in the Modern Slavery Act which came into force on Mo...

Maritime Executive

COSL Completes China's First Survey in Arctic Circle

China Oilfield Services Limited (COSL) saw its most advanced 12-streamer seismic vessel HYSY 720 complete a survey of two blocks in the Barents Sea on August 9. The operation lasted for 100 days. ...

Maritime Executive

First Gas Delivery to Jamaica

Jamaica’s energy company, JPS, has announced the arrival of natural gas to Jamaica. Supplied by New Fortress Energy, the first shipment arrived at the port of Kingston on the Golar Arctic on Friday, A...

Maritime Executive

Satellite Images Indicate Militarization on Spratlys

Recent satellite photographs show China appears to have built reinforced aircraft hangars on its holdings in the Spratly Islands in the disputed South China Sea, the New York Times reported on Monday....

Maritime Executive

IRClass Receives Recognition from European Union

On 1st August, 2016, the European Commission adopted a decision granting recognition to the Indian Register of Shipping (IRS) in accordance with Regulation (EC) No. 391/2009 of the European Parliament...

Maritime Executive

Keppel to Deliver Bumi Armada's First LNG Floating Storage Unit

Keppel Offshore & Marine (Keppel O&M)’s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Liquefied Natural Gas (LNG) Floating Storage Unit (FSU) to Armada Floatin...

Maritime Executive

Danish Maritime Days 2016 Takes Shape

More than 30 events will address some of the main challenges and opportunities that the global maritime industry is facing at Danish Maritime Days on 24 - 28 October. New solutions to climate and e...

Maritime Executive

World's First Ballast Water Port Solution Successfully Completes Tests

Damen Green Solutions is proud to announce that the InvaSave technology has completed shipboard testing onboard the Henrike Schepers. During the shipboard tests, ballast water was taken in untreated a...

Maritime Executive

Pollution Risk From Grounded Rig Is "Low"

On Tuesday, the UK Maritime and Coastguard Agency said that there was little risk of pollution from the grounded semisubmersible rig Transocean Winner, which went onto the rocks near Carloway on the I...