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Despite Sanctions, Sovcomflot is Making a Healthy Profit

Despite Sanctions, Sovcomflot is Making a Healthy Profit

By The Maritime Executive
August 29, 2024
  Despite Western interference with its work, Russian state tanker operator Sovcomflot is still shipping oil and making a healthy profit, a reflection of its resilience and of Washington's reluctan...
BOEM Sets Date for Wind Auction Off Oregon

BOEM Sets Date for Wind Auction Off Oregon

By The Maritime Executive
August 29, 2024
  The Bureau of Ocean Energy Management has set a date for the first lease auction for offshore wind sites off the coast of Oregon. The inaugural sale will take place October 15, about one year bef...
USCG Clears Regent’s Wing-in-Ground Craft for Full-Scale Human Testing

USCG Clears Regent’s Wing-in-Ground Craft for Full-Scale Human Testing

By The Maritime Executive
August 29, 2024
  The application of wing-in-ground technology is a step closer to reality as the U.S. Coast Guard approved the application from Regent, a manufacturer of the craft, to test its full-scale prototyp...
Equinor Retreats From Three Offshore Wind Markets

Equinor Retreats From Three Offshore Wind Markets

By The Maritime Executive
August 29, 2024
Norwegian state oil company Equinor has announced that it is retreating from key emerging markets in the global offshore wind sector. After closing its office in Vietnam, it is now canceling all offsh...
Norway Sets Phased-in Dates for Zero Emission Shipping in Fjords

Norway Sets Phased-in Dates for Zero Emission Shipping in Fjords

By The Maritime Executive
August 29, 2024
  The Norwegian government has finalized the dates for its planned regulations to require zero-emission shipping at its World Heritage sites in the Norwegian fjords. The aggressive regulations are...
Mingyang Stands Up Record Setting Massive 20MW Offshore Wind Turbine

Mingyang Stands Up Record Setting Massive 20MW Offshore Wind Turbine

By The Maritime Executive
August 29, 2024
  China’s wind energy companies are continuing their race to build the largest offshore wind turbines with Mingyang Smart Energy announcing today the installation of a massive 20MW turbine. The uni...
NTSB: Sub-M Towboat Sank From Severe Hull Corrosion

NTSB: Sub-M Towboat Sank From Severe Hull Corrosion

By The Maritime Executive
August 29, 2024
  The NTSB has concluded that severe corrosion caused the sinking of an aging towboat on the Mississippi in 2023, the latest in a series of casualty reports linked to poor material condition. Thoug...
Hanwha Ocean Wins South Korea’s First U.S. Navy Maintenance Contract

Hanwha Ocean Wins South Korea’s First U.S. Navy Maintenance Contract

By The Maritime Executive
August 29, 2024
South Korean shipyard Hanwha Ocean announced that it has won its first maintenance contract from the U.S. Navy as it looks to expand its role in the global naval market. Hanwha Group highlights that...
Houthis Release Propaganda Video Showing Multiple Attacks on Sounion

Houthis Release Propaganda Video Showing Multiple Attacks on Sounion

By The Maritime Executive
August 29, 2024
  The militant Houthis continue to use the burning oil tanker Sounion for their propaganda while emphasizing their determination to stop all shipping associated with Israel. Today, the group is cir...
Cargo Ship Turned Away by Namibia Over Fears of Explosives for Israel

Cargo Ship Turned Away by Namibia Over Fears of Explosives for Israel

By The Maritime Executive
August 29, 2024
The African nation of Namibia revoked the docking privileges granted to a Portuguese-flagged general cargo ship. It was the second vessel that officials suspected of transporting materials to Israel...

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