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Germany’s FSG Shipbuilder Forced into Contentious Insolvency Process

Germany’s FSG Shipbuilder Forced into Contentious Insolvency Process

By The Maritime Executive
December 12, 2024
The embattled German shipbuilding group FSG-Nobiskrug Holding along with its two shipyards and its design group have been provisionally declared insolvent by a German court due to a filing by an ins...
McAllister Celebrates 160 Years of Towing, Maritime Excellence & Innovation

McAllister Celebrates 160 Years of Towing, Maritime Excellence & Innovation

By The Maritime Executive
December 12, 2024
[By: McAllister] What: McAllister, a leader in ship docking, towing, and maritime transportation, is commemorating its 160th anniversary with an evening of celebration. Founded in 1864 in New York...
CryoVac Secures AiP from DNV for LH2 Containment Design for Ships

CryoVac Secures AiP from DNV for LH2 Containment Design for Ships

By The Maritime Executive
December 12, 2024
[By: CryoVac] Norwegian shipping technology company CryoVac has received an Approval in Principle (AiP) from classification society DNV for its vacuum insulation system for liquid hydrogen (LH2) –...
Damen and Kongsberg Mark Delivery of 1500th Thruster

Damen and Kongsberg Mark Delivery of 1500th Thruster

By The Maritime Executive
December 12, 2024
[By: Kongsberg Maritime] In a ceremony in Rauma, Finland, Damen Shipyards Group and Kongsberg Maritime have celebrated the delivery of the 1500th Kongsberg azimuth thruster to Damen, in a relations...
Maritime Executive

Report: USMMA Is Leaving Data on Sexual Assault Cases Unprotected

By The Maritime Executive
December 11, 2024
  The U.S. Department of Transportation's internal watchdog has found that the Maritime Administration and its U.S. Merchant Marine Academy are using a lightly-protected spreadsheet to track compla...
New Tank System Could Make Hydrogen Carriers More Efficient

New Tank System Could Make Hydrogen Carriers More Efficient

By The Maritime Executive
December 11, 2024
  DNV has awarded approval in principle to a novel system of containing liquid hydrogen for long-distance transport. LH2 is difficult to handle: it requires refrigeration to -423 degrees Fahrenheit...
After Bribery Charges, Adani Cancels U.S. Gov't Loan for Sri Lankan Port

After Bribery Charges, Adani Cancels U.S. Gov't Loan for Sri Lankan Port

By The Maritime Executive
December 11, 2024
  Facing a corruption scandal at home and investment-fraud charges in U.S. courts, India's Adani Group is withdrawing from a U.S. development finance loan to build a new container terminal at Colom...
South Korea to Invest $10B to Expand Busan Port’s Competitiveness

South Korea to Invest $10B to Expand Busan Port’s Competitiveness

By The Maritime Executive
December 11, 2024
South Korea’s Ministry of Oceans and Fisheries unveiled an ambitious plan that they said will ensure the continued global competitiveness of the Busan port. It plans to invest a total of $10 billion...
Video: LPG Tanker Sinks Fishing Vessel in Hit-and-Run off Tamil Nadu

Video: LPG Tanker Sinks Fishing Vessel in Hit-and-Run off Tamil Nadu

By The Maritime Executive
December 11, 2024
  The crewmembers of an Indian fishing vessel claim that an LPG tanker ran down their boat and sank it off southern India, then continued on its way to its next port of call.  On Wednesday morni...
Ørsted Sells Interest in Taiwan Offshore Wind Farm to Life Insurance Co.

Ørsted Sells Interest in Taiwan Offshore Wind Farm to Life Insurance Co.

By The Maritime Executive
December 11, 2024
  Ørsted is expanding the use of the partnership model to Taiwan’s developing offshore wind energy sector by selling a half interest in its under construction Greater Changhua 4 project to Cathy Li...

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