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Mexico's Navy Seizes 3,600 Kilos of Cocaine From Smuggling Boat

Mexico's Navy Seizes 3,600 Kilos of Cocaine From Smuggling Boat

By The Maritime Executive
November 7, 2024
  Mexico's navy has seized about 3,600 kilos of cocaine from a smuggling boat off Guerrero, on Mexico's Pacific coast.  Last week, a SEMAR aircraft patrol spotted a go-fast boat with nine crewme...
Efforts Begin to Pump Oil from Tanker Sounion Damaged by Houthis

Efforts Begin to Pump Oil from Tanker Sounion Damaged by Houthis

By The Maritime Executive
November 7, 2024
  A ship-to-ship transfer of the crude oil cargo from the cargo tanks on the damaged tanker Sounion began today in Egypt more than two months after the Houthis badly damaged the vessel and set off...
Global Port Leaders Unite on Decarbonization Insights in New White Paper

Global Port Leaders Unite on Decarbonization Insights in New White Paper

By The Maritime Executive
November 7, 2024
[By: PortXchange] Powered by PortXchange and endorsed by Green Marine, PortXchange has released a new white paper, Collaborative Partnerships for Effective Maritime Decarbonization – A White Paper...
SeaO2 Secures €2M+ Investment to Extract 1 Gigaton of CO2 Out of the Sea

SeaO2 Secures €2M+ Investment to Extract 1 Gigaton of CO2 Out of the Sea

By The Maritime Executive
November 7, 2024
[By: SeaO2] Dutch startup SeaO2, specialising in innovative carbon (CO2) removal technology from seawater, announces receiving €2+ million in new investments. Utilising its breakthrough Direct Ocea...
Multraship Fleet's Newest Addition is the Damen ASD Tug 3212 Multratug 36

Multraship Fleet's Newest Addition is the Damen ASD Tug 3212 Multratug 36

By The Maritime Executive
November 7, 2024
[By: Damen Shipyards Group] Multraship Towage & Salvage held a christening ceremony on Friday, 1 November, to name their newest tug Multratug 36 in the port of Terneuzen, the Netherlands. The vesse...
Hapag-Lloyd Invests $4 Billion for 24 LNG Boxships From Chinese Yards

Hapag-Lloyd Invests $4 Billion for 24 LNG Boxships From Chinese Yards

By The Maritime Executive
November 6, 2024
Hapag-Lloyd has finalized two long-rumored contracts for 24 more containerships, adding $4 billion worth of order volume for two Chinese yards. The new boxships will deliver in 2027-8, time horizon th...
Ukraine Hits Russian Navy's Caspian Flotilla With Long-Range Drone Strike

Ukraine Hits Russian Navy's Caspian Flotilla With Long-Range Drone Strike

By The Maritime Executive
November 6, 2024
  Ukrainian forces have attacked a Russian naval base in the Caspian Sea for the first time, according to local authorities in the Russian province of Dagestan.  The Russian base at the port of...
Spain Catches 13 Tonnes of Cocaine in One Container, a National Record

Spain Catches 13 Tonnes of Cocaine in One Container, a National Record

By The Maritime Executive
November 6, 2024
  Authorities in Spain have intercepted a total of 13 tons of cocaine at the Port of Algeciras, the largest drug seizure in the country’s history. Spanish agencies said the 13,062 kilos of cocai...
American Retailers: Tariff Hikes Would Raise Prices, Reduce Import Volume

American Retailers: Tariff Hikes Would Raise Prices, Reduce Import Volume

By The Maritime Executive
November 6, 2024
  The tariffs that President-elect Donald Trump has proposed to enact on imports could raise retail costs on basics like apparel and furniture by up to $78 billion a year, enough to prompt some U.S...
Angelicoussis Group Buys Altera's Shuttle Tanker Fleet

Angelicoussis Group Buys Altera's Shuttle Tanker Fleet

By The Maritime Executive
November 6, 2024
  Greek shipping conglomerate Angelicoussis Group has purchased Altera Shuttle Tankers, a leading operator in the specialized business of lifting oil cargoes from offshore production platforms....

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