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Kongsberg Discovery Acquires Naxys Technologies

Kongsberg Discovery Acquires Naxys Technologies

By The Maritime Executive
January 11, 2025
[By: Kongsberg Discovery] Kongsberg Discovery has reached agreement to acquire Naxys Technologies AS. The Bergen-based company is a world leader in technology for underwater environmental monitorin...
Maritime Executive

Bangladesh Could Lose Top Position in the Global Shipbreaking Market

By The Maritime Executive
January 10, 2025
  With global ship demolition at record low levels, Bangladesh’s shipbreaking industry has reported that 2024 saw a massive drop in scrap ship imports. Only 144 ships were sent to Bangladesh last y...
Future Development of Flettner Rotor Propulsion

Future Development of Flettner Rotor Propulsion

By Harry Valentine
January 10, 2025
  Wind energy historically provided the basis for vessel propulsion, using sails and sometimes kites. During the 1920s, engineer Anton Flettner developed large cylinders spinning on a vertical axis...
Affordable and Available LNG Dominated Dual-Fuel Vessel Orders in 2024

Affordable and Available LNG Dominated Dual-Fuel Vessel Orders in 2024

By The Maritime Executive
January 10, 2025
  The shipping industry is looking for CO2-reducing alternatives to bunker fuel, and LNG has become the preferred alternative fuel of choice, according to data collected by DNV.  DNV’s annual re...
Samskip and Value Maritime Win Funding for Compact Carbon-Capture System

Samskip and Value Maritime Win Funding for Compact Carbon-Capture System

By The Maritime Executive
January 10, 2025
  Value Maritime has secured funding from the Dutch government to install a new version of its carbon-capture technology aboard another vessel owned by repeat customer Samskip. Samskip has exper...
Op-Ed: To Counter China, Trump Should Step Up His First-Term Approach

Op-Ed: To Counter China, Trump Should Step Up His First-Term Approach

By The Strategist
January 10, 2025
  [By Yan C. Bennett] As in his first term, Donald Trump should continue a resolute approach toward China in his second term. This approach was and is grounded in the belief that a more assertiv...
Grounded Self-Unloader in Delaware River Has Multiple Damaged Tanks

Grounded Self-Unloader in Delaware River Has Multiple Damaged Tanks

By The Maritime Executive
January 10, 2025
  Salvors responding to the grounding of the self-unloader Algoma Verity have found that the vessel has damage to multiple tanks, the U.S. Coast Guard confirmed Friday.  The Algoma Verity was no...
Fully Laden Shadow Fleet Tanker Breaks Down in Baltic Storm

Fully Laden Shadow Fleet Tanker Breaks Down in Baltic Storm

By The Maritime Executive
January 10, 2025
On Friday, German response authorities had to deploy multiple tugs to rescue a broken-down shadow fleet tanker laden with Russian oil, sparking a small political furor.  According to Germany's Cent...
Israel Targets Houthi Ports of Hodeidah and Ras Isa With More Airstrikes

Israel Targets Houthi Ports of Hodeidah and Ras Isa With More Airstrikes

By The Maritime Executive
January 10, 2025
On Friday, the Israeli Air Force carried out another round of retaliatory strikes against Houthi targets in western Yemen, including sites at the dual-use ports of Hodeidah and Ras Isa. An IDF sourc...
Executive Interview: Brent Bruun, President & CEO, KVH Industries

Executive Interview: Brent Bruun, President & CEO, KVH Industries

By Jack O'Connell
January 10, 2025
  In the fast-changing world of satellite communications, Brent Bruun and his team at KVH are expanding their offerings and forging new solutions. Welcome, Brent! Tell us about yourself and your...

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