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Maritime Executive

UK Pursues Clean Shipping with EU Through Green Corridors

By The Maritime Executive
October 17, 2024
  The United Kingdom is living up to its promise to establish green shipping corridors to decarbonize the maritime sector. In December last year, the country made a pledge in the Clydebank Declarat...
Vale Retrofits Giant Ore Carrier With Five Rotor Sails

Vale Retrofits Giant Ore Carrier With Five Rotor Sails

By The Maritime Executive
October 17, 2024
  Brazilian mining giant Vale International has plans to refit another of its chartered vessels with wind-assisted propulsion. The company has reached an agreement with Japanese operator NS Unit...
Morocco Wants to Grow its Domestic Shipbuilding Industry

Morocco Wants to Grow its Domestic Shipbuilding Industry

By The Maritime Executive
October 17, 2024
  To complement its rapidly developing maritime sector, Morocco is gearing up to support domestic shipbuilding. Early this week, the Moroccan public think-tank the Economic, Social and Environmenta...
UK Targets Sovcomflot With New Sanctions on Shadow Fleet Tankers

UK Targets Sovcomflot With New Sanctions on Shadow Fleet Tankers

By The Maritime Executive
October 17, 2024
  The government of the UK has placed 18 more tankers and four LNG carriers under sanctions for their participation in the Russian "shadow fleet," the lightly-regulated tanker pool that carries an...
Russian Man Survives for 67 Days Adrift in the Frigid Sea of Okhotsk

Russian Man Survives for 67 Days Adrift in the Frigid Sea of Okhotsk

By The Maritime Executive
October 17, 2024
A Russian man survived a two-month ordeal at sea in a rubber dinghy in the remote Sea of Okhotsk after his engine failed on a whalewatching outing - and he may face criminal charges for making the tri...
China's Belt and Road Initiative Rolls Out "Green Bonds"

China's Belt and Road Initiative Rolls Out "Green Bonds"

By Dialogue Earth
October 17, 2024
  [By Jiang Mengnan] In June this year, the Bank of China (BOC) issued the first sustainable development bonds for which all funds raised are directed towards countries affiliated with the Belt...
Klaipeda Invests in the Baltic States' First Green Hydrogen Project

Klaipeda Invests in the Baltic States' First Green Hydrogen Project

By The Maritime Executive
October 17, 2024
  The Lithuanian Port of Klaipeda is set to invest $11.4 million in a green hydrogen production and refueling station, a project that it believes to be the first in the Baltic States. Klaipeda,...
U.S. Treasury Adds Shipmanager Aurum to Houthi Sanctions List

U.S. Treasury Adds Shipmanager Aurum to Houthi Sanctions List

By The Maritime Executive
October 17, 2024
  The U.S. Treasury has blacklisted 18 people, companies and ships for alleged ties to the Sa'id al-Jamal shipping network, the Iranian-backed oil smuggling organization that finances Yemen's Houth...
Cruise Mania

Cruise Mania

By Jack O'Connell
October 17, 2024
  It’s a good year to be a cruiser. Or better yet, to own a cruise line. At the annual Seatrade Cruise Global convention back in April, the industry’s largest, the mood was celebratory with record...
U.S. Hits Five Houthi Missile Sites With Bunker-Buster Bombs

U.S. Hits Five Houthi Missile Sites With Bunker-Buster Bombs

By The Maritime Executive
October 17, 2024
  On the night of October 17, the U.S. Air Force mounted an attack on five targets in Houthi-controlled Yemen using bunker-busting bombs. It appears to be the first time that the U.S has used this...

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