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Josh Smithson Elected as New Tanker FFABA Chairman

Josh Smithson Elected as New Tanker FFABA Chairman

By The Maritime Executive
January 31, 2025
[By: Baltic Exchange] Josh Smithson from Braemar-GFI Freight Derivates has been elected as the new Chairman of the Tanker FFA Brokers’ Association (FFABA). He replaces Sam Mitchell, also from Braem...
New Report Reveals HEMEXPO’s €2 Billion Contribution to Greek Economy

New Report Reveals HEMEXPO’s €2 Billion Contribution to Greek Economy

By The Maritime Executive
January 31, 2025
[By: HEMEXPO] A new report from HEMEXPO, the leading Greek marine equipment manufacturers and exporters association for the international shipping industry, has highlighted the association’s signif...
Marcos: Manila Will Give Up Missiles if China Stops Maritime Aggression

Marcos: Manila Will Give Up Missiles if China Stops Maritime Aggression

By The Maritime Executive
January 30, 2025
The Chinese government has repeatedly criticized the Philippines for hosting the U.S.-built Typhon missile system, a mobile launcher that can be used against land, air and naval targets. On Thursday,...
Two Sunken Tankers at Kerch Strait Were Refueling Russia's Dark Fleet

Two Sunken Tankers at Kerch Strait Were Refueling Russia's Dark Fleet

By The Maritime Executive
January 30, 2025
  The two river-sea tankers that broke up near the Kerch Strait last month were part of a flotilla that bunkers Russia's "dark fleet," including at least three U.S.-sanctioned deep sea tankers, acc...
MOL Launches Innovative “Green” Ship Aptly Named Prima Verde

MOL Launches Innovative “Green” Ship Aptly Named Prima Verde

By The Maritime Executive
January 30, 2025
Mitsui O.S.K. Lines marketed the delivery on an innovative new “green” multi-purpose cargo ship incorporating a series of innovations. The vessel was aptly named Prima Verde (first or spring and gre...
Hapag's Preliminary Results Show Financial Strength of Boxships in 2024

Hapag's Preliminary Results Show Financial Strength of Boxships in 2024

By The Maritime Executive
January 30, 2025
  Hapag-Lloyd released preliminary financial results for 2024 coming in at the top of the profitability forecasts the company had already revised upward in October 2024. As the first of the major c...
How to Get Ready for the U.S. Coast Guard's Cybersecurity Rule

How to Get Ready for the U.S. Coast Guard's Cybersecurity Rule

By Andrew R. Lee, Richard D. Bertram, James A. Kearns and Ilsa Luther
January 30, 2025
  On January 17, the US Coast Guard released its much-anticipated final rule on cybersecurity in the US Marine Transportation System, which establishes mandatory minimum cybersecurity requirements...
Two Men Get Three Years for Smuggling Drugs Inside Buses on a Ro/Ro

Two Men Get Three Years for Smuggling Drugs Inside Buses on a Ro/Ro

By The Maritime Executive
January 30, 2025
Two men have been sentenced to three years each for their roles in a plot to import nearly 140 kilos of cocaine into Australia, hidden inside a shipment of 13 luxury buses. At a street-level retail...
Navantia Commits to Investments After Closing Harland & Wolff Acquisition

Navantia Commits to Investments After Closing Harland & Wolff Acquisition

By The Maritime Executive
January 30, 2025
  Navantia UK announced plans to invest in Harland & Wolff’s facilities to strengthen Britain’s defense, maritime, and clean energy industrial capabilities after the Spanish parent company complete...
Report: Targeted Subsidies, Hefty GHG Levy Needed to Ensure E-Fuel Adoption

Report: Targeted Subsidies, Hefty GHG Levy Needed to Ensure E-Fuel Adoption

By The Maritime Executive
January 30, 2025
A new report looking at what will be needed to spur the transition to e-fuels and the early adoption in the maritime sector concludes that targeted subsidies and a hefty GHG levy are needed to close...

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