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Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty

Maersk Raises 2024 Outlook for Third Time Citing Demand and Uncertainty

By The Maritime Executive
August 1, 2024
  After starting 2024 on a cautionary note, A.P. Moller – Maersk raised its 2024 forecast for the third time this year citing the positive effect on freight rates from the disruptions in the Red Se...
Crowley and SEACOR Launch Newest Jones Act Tanker Company Fairwater

Crowley and SEACOR Launch Newest Jones Act Tanker Company Fairwater

By The Maritime Executive
August 1, 2024
  Approximately 10 months after announcing plans to combine their tanker operations into a new Jones Act company, Crowley and SEACOR reported today the deal has been completed. Known as Fairwater H...
Harland & Wolff Secure Lifeline from U.S. Lender as Reorganization Begins

Harland & Wolff Secure Lifeline from U.S. Lender as Reorganization Begins

By The Maritime Executive
August 1, 2024
  The famed shipbuilding group Harland & Wolff announced it has entered into an arrangement with its existing lending to provide funding commitments to support the group’s “ongoing stabilization an...
Kongsberg Maritime New Contract from Tärntank for Next Wind-Assisted Tanker

Kongsberg Maritime New Contract from Tärntank for Next Wind-Assisted Tanker

By The Maritime Executive
August 1, 2024
[By: Kongsberg Maritime] Kongsberg Maritime continues to solidify its reputation as a leader in next-generation cargo ship development having been awarded a further contract from Danish operator Tä...
ABB Modernizes MS Amera with DC Technology and Shore Connection

ABB Modernizes MS Amera with DC Technology and Shore Connection

By The Maritime Executive
August 1, 2024
[By: ABB] To further improve the efficiency and sustainability of its fleet, Germany-based cruise operator Phoenix Reisen has modernized its 205-meter, 835-passenger capacity ship MS Amera. The ves...
Two Divers Survive 38 Hours Adrift in the Gulf of Mexico

Two Divers Survive 38 Hours Adrift in the Gulf of Mexico

By The Maritime Executive
July 31, 2024
  When recreational divers Nathan and Kim Maker went on a trip off the coast of Texas last Wednesday, they thought that it would be a brief day outing. It turned into a multiday ordeal, afloat in t...
Russian Navy Launches Drills off Every Coast, Except in the Black Sea

Russian Navy Launches Drills off Every Coast, Except in the Black Sea

By The Maritime Executive
July 31, 2024
  On Wednesday, the Russian Navy launched a massive series of drills in the Arctic Ocean, the Pacific, the Baltic Sea and the Caspian Sea, according to the Kremlin. The Black Sea Fleet - which has...
Burned Cruise Boat Spirit of Norfolk to be Reefed off Florida

Burned Cruise Boat Spirit of Norfolk to be Reefed off Florida

By The Maritime Executive
July 31, 2024
The burned-out harbor cruise boat Spirit of Norfolk will be cleaned out and will be sunk off the Gulf Coast of Florida as an artificial reef.  Spirit of Norfolk has been sold to Okaloosa County, Fl...
UK Allocates Record Clean Energy Funds and Schedules Offshore Wind Auction

UK Allocates Record Clean Energy Funds and Schedules Offshore Wind Auction

By The Maritime Executive
July 31, 2024
  The new UK government of Prime Minister Keir Starmer outlined a massive budget increase devoted to clean energy while calling offshore wind the “backbone” of the country’s strategy. They detailed...
Maritime Executive

Master Charged With Criminal COLREGS Violation for Drifting Into Bulker

By The Maritime Executive
July 31, 2024
  The master of the bulker HL Eco has been criminally charged for a COLREGs violation after his vessel reportedly lost power and drifted into an anchored bulker. The marine casualty investigation t...

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