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Maritime Executive

ReCAAP Issues Advisory on Abu Sayyaf Kidnappings

ReCAAP has issued a special update report and advisory regarding the recent spate of kidnappings off of Sabah, Malaysia.  Since March, there have been six reported kidnapping incidents off Sabah in...

Maritime Executive

Third Top Executive Indicted in DSME Fraud Probe

The previous CEO of Daewoo Shipbuilding & Marine Engineering, Ko Jae-ho, was indicted Tuesday on charges of fraud, breach of trust and the violation of several securities and capital markets regulatio...

Maritime Executive

Very Large Ore Carrier Spills Fuel Off Singapore

On Tuesday morning, the very large ore carrier Berge Bureya spilled approximately one ton of heavy fuel oil into the Straits of Malacca off of Tanjung Piai, Malaysia, just west of Singapore.  The v...

Maritime Executive

The Military Value of South China Sea Land Features

By Ching Chang This article aims to provide a fair assessment of the military significance of the South China Sea land features. The term land feature is intentionally selected to avoid the trouble...

Maritime Executive

Investment Funds Buy Into EU Offshore Wind Farms

Infrastructure and pension funds have increased their ownership share of new European offshore wind farms to more than a quarter, industry figures showed, underlining growing interest among institutio...

Maritime Executive

Speedboat Sinks After Striking MSC Box Ship

[Brief] A boater is presumed missing on the St. Lawrence River after a pleasure craft struck the moored container ship MSC Diego at 2200 hours Tuesday night.  An observer at the scene told police t...

Maritime Executive

Russia Builds Arctic Logistics Capacity

Russia’s Defence Ministry has integrated the resources of 95 civil vessels with a total capacity exceeding one million tons and six seaports for logistic purposes in the Arctic, local media reports....

Maritime Executive

Japan to Build First Jack-Up Turbine Installer

Japan’s Penta-Ocean Construction has placed an order with Japan Marine United for the nation’s first jack-up wind installation platform. The multi-purpose self-elevating platform will be suitable f...

Maritime Executive

Only Nine Sponsons Left on Costa Concordia Wreck

Costa Concordia dismantling and recycling operations are progressing, and about 200 technicians are working on the wreck and cutting decks – from 3 to 1 – while the decks from 14 to 4 have already bee...

Maritime Executive

Update to Maritime Labor Convention Confirmed

International Labor Organization (ILO) member States have confirmed the amendments to the Maritime Labor Convention ensuring better protection to seafarers and their families in case of abandonment, d...