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Maritime Executive

Equinor Cuts Renewable-Energy Ambitions to Focus on Shareholder Value

By The Maritime Executive
February 6, 2025
  Norwegian oil major Equinor has announced a major cutback to its renewable-energy ambitions, and says that it plans to focus on maximizing shareholder value going forward.  "Equinor has high-g...
Local Communities Protest Abandoned Livestock Carrier in Croatia

Local Communities Protest Abandoned Livestock Carrier in Croatia

By The Maritime Executive
February 6, 2025
  A livestock carrier that wrecked on the coast of Croatia last year is still aground 10 months later, and local communities are concerned about the lack of movement on a salvage operation.  On...
Report: Offshore Wind Energy Surpassed Installed Capacity of 80 GW in 2024

Report: Offshore Wind Energy Surpassed Installed Capacity of 80 GW in 2024

By The Maritime Executive
February 6, 2025
While many critics continue to question the viability of offshore wind energy, the UK trade group RenewableUK is out with a new market analysis highlighting the “extraordinary speed” of growth for the...
Video: One Dead, One Saved in Challenging Rescue off Washington

Video: One Dead, One Saved in Challenging Rescue off Washington

By The Maritime Executive
February 6, 2025
  On Monday night, the U.S. Coast Guard rescued two people from a grounded sailboat in the San Juan Islands, braving high winds and snow to pull them to safety. Tragically, one of the survivors lat...
New Premier Alliance Agreement for HMM, ONE, and Yang Ming Takes Effect

New Premier Alliance Agreement for HMM, ONE, and Yang Ming Takes Effect

By The Maritime Executive
February 6, 2025
The U.S. Federal Maritime Commission reported tonight, February 6, that the new alliance between HMM, Ocean Network Express (ONE), and Yang Ming to share vessels and routes will take effect on Sunda...
Inland Cargo Ship that Destroyed Moselle Lock was on Autopilot

Inland Cargo Ship that Destroyed Moselle Lock was on Autopilot

By The Maritime Executive
February 6, 2025
German prosecutors are continuing to investigate the accident in December that paralyzed river traffic on the Moselle and trapped numerous inland cargo ships in France and Luxembourg. They believe t...
Maritime Executive

Trump Reinstates "Maximum Pressure" Sanctions Enforcement on Iran

By The Maritime Executive
February 6, 2025
  Reinstituting a policy from his first administration, President Donald Trump has instructed the State Department to "impose maximum economic pressure on the government of Iran," including ramped-...
Maersk Forecasts Container Volume Growth While Profits Decline in 2025

Maersk Forecasts Container Volume Growth While Profits Decline in 2025

By The Maritime Executive
February 6, 2025
Despite continued global uncertainties, Maersk is forecasting the container market will grow by a healthy four percent in 2025 and that the company will remain at pace with the market. The company g...
Maritime Executive

Fincantieri Employee Engagement Increases for Second Year in a Row

By The Maritime Executive
February 6, 2025
  [By Fincantieri] Fincantieri, a global leader in high-complexity shipbuilding, presents the results of the 2024 Employee Engagement Survey, the third on a global scale, confirming the positive...
Report: Ex-Commandant Adm. Linda Fagan Abruptly Evicted From Base Housing

Report: Ex-Commandant Adm. Linda Fagan Abruptly Evicted From Base Housing

By The Maritime Executive
February 6, 2025
  The U.S. Department of Homeland Security has ejected former Coast Guard Commandant Adm. Linda Fagan from her house with three hours of notice, forcing her to leave her belongings behind, accordin...

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