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India Rolls Out Subsidies and Preferential Financing for its Shipyards

India Rolls Out Subsidies and Preferential Financing for its Shipyards

By The Maritime Executive
November 17, 2024
  India is set to unveil a new policy aimed at incentivizing domestic shipbuilding. The ports, shipping and waterways ministry (MoPSW) is finalizing a cabinet note on incentives to promote domestic...
Galaxy Leader's Crewmembers Mark One Year in Houthi Captivity

Galaxy Leader's Crewmembers Mark One Year in Houthi Captivity

By The Maritime Executive
November 17, 2024
  This week, the crew of the hijacked car carrier Galaxy Leader mark one full year in Houthi captivity near the port of Hodeidah, Yemen.  The Galaxy Leader has been held in Houthi custody since...
Navy Officials Missed Multiple Chances to Avoid Red Hill Disaster

Navy Officials Missed Multiple Chances to Avoid Red Hill Disaster

By The Maritime Executive
November 17, 2024
  The Pentagon's inspector general has concluded that the U.S. Navy didn't understand the spill risks involved in operating its Red Hill fuel tank site at Pearl Harbor, and it repeatedly failed to...
OSG's CEO Proposes One-Cent Export Tax to Fund U.S. Tankers

OSG's CEO Proposes One-Cent Export Tax to Fund U.S. Tankers

By The Maritime Executive
November 17, 2024
  In the event of a major war in the Western Pacific, U.S. forces are going to need fuel, and a lot of it. Government estimates of the supply needs for carriers, warships and ground forces run in t...
Crude Behavior: What Are Oil Prices Telling Us?

Crude Behavior: What Are Oil Prices Telling Us?

By G. Allen Brooks
November 17, 2024
  In the eight weeks from early August to mid-September, America's benchmark oil price (West Texas Intermediate) fell from the mid-$80s a barrel to the mid-$60s – the lowest level in 32 months. Pri...
Managing Cyber Risk With USCG's New Maritime Security Directive

Managing Cyber Risk With USCG's New Maritime Security Directive

By Michael DeVolld
November 17, 2024
  In this article Michael DeVolld, Maritime Transportation System (MTS) Cybersecurity Lead at ABS Consulting looks at the potential implications to vessel owners, operators and port authorities imp...
EU's Maritime Spatial Plan for the Aegean Angers Turkey

EU's Maritime Spatial Plan for the Aegean Angers Turkey

By The Maritime Executive
November 17, 2024
  Following a recent update of maritime spatial planning (MSP) maps in the European MSP Platform, Turkey has expressed displeasure with the bloc’s delimitation of the Mediterranean and Aegean Seas....
Royal Navy Tracks Two Russian Task Forces Through UK Waters

Royal Navy Tracks Two Russian Task Forces Through UK Waters

By Royal Navy News
November 17, 2024
  The Royal Navy, Royal Fleet Auxiliary and RAF have maintained constant watch on two Russian naval task groups passing the UK over the past seven days. Warships, helicopters, a support ship and...
To Prepare for a Pacific War, U.S. Must Harden Southern Flank

To Prepare for a Pacific War, U.S. Must Harden Southern Flank

November 16, 2024
  [By Henry Ziemer] The United States’ foundations as a global great power rest in no small part on its status as a regional hegemon. No single country in the Western Hemisphere can make a serio...
Port of Salalah Looks to Gemini Network to Revive Traffic

Port of Salalah Looks to Gemini Network to Revive Traffic

By The Maritime Executive
November 16, 2024
Oman’s Indian Ocean container port at Salalah is fighting a drop in throughput caused by Houthi attacks on shipping by joining a global vessel-sharing agreement headed up by Maersk and Hapag-Lloyd.  T...

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