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Maritime Executive

LPG Floating Storage Grows Off Singapore

July 25, 2016
Last year, liquefied petroleum gas (LPG) supplied to Asia was being snapped up by petrochemical makers. Now, after a flood of U.S. exports into the region, the market is awash with LPG and supplies ar...
Maritime Executive

Shell to Lay Off 200 Gulf of Mexico Rig Workers

By The Maritime Executive
July 25, 2016
Shell has announced plans to trim about 200 jobs from its Gulf of Mexico deepwater operations.  "We are making these changes in order to remain competitive and better position Shell's Gulf of Mexic...
Maritime Executive

Video: Tugboat Catches Fire Off Florida

By The Maritime Executive
July 25, 2016
On Friday, the tugboat Thomas Dunn caught fire and burned several miles off of Fort Matanzas, Florida.  Her six crewmembers abandoned ship safely into a life raft and were rescued by a fishing vess...
Maritime Executive

First LNG Carrier Transits Expanded Panama Canal

By The Maritime Executive
July 25, 2016
The Panama Canal marked another milestone with the transit of the first LNG carrier through its expanded locks on Monday. Shell-chartered Maran Gas Apollonia, measuring 289 meters in length and 45...
Maritime Executive

IMB: Piracy at Lowest Level in Two Decades

By The Maritime Executive
July 25, 2016
The IMB Piracy Reporting Centre released good news on Monday: attacks in the first half of 2016 are at the lowest level since 1995, even taking the recent spate of kidnappings in the Gulf of Guinea an...
Maritime Executive

Video: Tanker Reefed Off of Florida

By The Maritime Executive
July 25, 2016
On Saturday, hundreds of boaters gathered to watch the sinking of the fifty-year-old sludge tanker Lady Luck off of Pompano Beach, Florida.  The vessel went down with a wide variety of casino-theme...
Maritime Executive

Saudi Petrochemical Manufacturer Eyes the Gulf of Mexico

By The Maritime Executive
July 25, 2016
Saudi Arabia’s petrochemical manufacturer Sabic and ExxonMobil Chemical Company are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If develop...
Maritime Executive

Russian Navy Plans Eight New Missile Cruisers

By The Maritime Executive
July 25, 2016
The Russian Navy is preparing a contract with the nation’s largest shipbuilder for eight new nuclear-powered missile cruisers. Stay on Top of the Daily Maritime News...
Maritime Executive

Search Continues for Missing Indian Aircraft

July 25, 2016
Indian rescuers have failed to pick up any emergency transmitter signals from an air force plane that went missing last week with 29 people on board, an official said on Monday, in the latest setback...
Maritime Executive

Eight dead, Twenty Missing After Capsize off Malaysia

July 25, 2016
Malaysian authorities have recovered the bodies of eight Indonesians and are searching for more than 20 who are still missing after their boat capsized off the southern state of Johor on Saturday nigh...

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