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Trump's Win Boosts Oil Stocks, But Offshore Wind and Ocean Freight Tumble

By The Maritime Executive

November 6, 2024

The decisive electoral victory of future President Donald Trump has sent energy stocks soaring, while the initial investor reaction for the rest of the industry appears mixed. Ocean carriers migh...

Costis Frangoulis Recognized as the 2024 International Member of the Year

By The Maritime Executive

November 6, 2024

[By: International Propeller Club] Costis Frangoulis, Founder of Franman, President of the Propeller Club, Port of Piraeus, and 1st Vice-President of the International Propeller Club, was awarded t...

SEA.AI’s State of the Art Anti-Collision Technology in the Vendée Globe

By The Maritime Executive

November 6, 2024

[By: SEA.AI] Based on the nine past editions of the Vendée Globe, on average only 60% of competitors finish. Most retirements are due to technical issues, while some are either forced to pull out o...

U.S. Soldier Injured in Gaza Aid Pier Accident Has Died

By The Maritime Executive

November 5, 2024

One of the soldiers who was injured in a mishap on the Gaza emergency sealift operation earlier this year has died of his wounds, the U.S. Army has confirmed. Sgt. Quandarius Davon Stanley, 2...

China's Navy Could Use Peru's New Mega-Port

By The Maritime Executive

November 5, 2024

COSCO Shipping is about to commence a soft opening of its newly-constructed container terminal in Chancay, 50 miles north of Peru’s capital Lima. Despite attempts to frustrate this by P...

Philippine Troops Practice Seizing Island as S. China Sea Tensions Simmer

By The Maritime Executive

November 5, 2024

The Philippine military is carrying out a rare drill to simulate capturing an island in the South China Sea, a maneuver that might be used in the event of a hypothetical conflict in the Spratly I...

Plans Launched to Develop Floating Hydrogen Import Terminal in France

By The Maritime Executive

November 5, 2024

As efforts continue to focus on the transition to new energy, Höegh Evi a leader in floating energy infrastructure announced plans for leveraging the experience with LGN to launch possibly one of...

Hurricane Forecast Prompts Gulf Offshore Operators to Shut in Production

By The Maritime Executive

November 5, 2024

Forecasts show Tropical Storm Rafael strengthening into a hurricane and taking a course across the Gulf of Mexico, and offshore producers are shutting in platforms and evacuating rigs in advance of hi...

Boxship Ordering Surge Drives Record Growth for Dual-Fuel Propulsion

By The Maritime Executive

November 5, 2024

Orders for alternative-fueled newbuilds hit an all-time monthly record in October, driven by high demand for LNG-powered boxships, according to the latest data from DNV. Last month, shipowner...

Fat Leonard Sentenced to 15 Years for U.S. Navy Bribery and Fraud

By The Maritime Executive

November 5, 2024

Nine years after his first guilty plea and 11 years after he was first arrested, Leonard Francis, aka “Fat Leonard” pleaded guilty for the second time in his now notorious bribery and fraud scheme t...

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