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COSCO Signs Its Largest Shipbuilding Deal Spending $2B for 42 Bulkers

COSCO Signs Its Largest Shipbuilding Deal Spending $2B for 42 Bulkers

By The Maritime Executive
September 2, 2024
  China COSCO Shipping is continuing its aggressive fleet expansion and modernization signing the largest shipbuilding deal since 2016 when it transformed into a shipping operator and leasing compa...
Houthis Step Up Attacks After Denying Iran’s Statement Last Week of Pause

Houthis Step Up Attacks After Denying Iran’s Statement Last Week of Pause

By The Maritime Executive
September 2, 2024
  Several vessels have come under attack from the Houthis after the militant group denied last week a statement from Iran that there would be a pause to salvage the burning Greek tanker Sounion. Th...
Australia Conducts First Nuclear-Powered Sub Maintenance with USS Hawaii

Australia Conducts First Nuclear-Powered Sub Maintenance with USS Hawaii

By The Maritime Executive
September 2, 2024
The Royal Australian Navy recently participated in the first maintenance of a nuclear-powered submarine in Australia using local personnel. It is being hailed as the next key step in the AUKUS partn...
Navigating the Future: Elomatic Launches Aura APM at SMM Hamburg

Navigating the Future: Elomatic Launches Aura APM at SMM Hamburg

September 1, 2024
  As the maritime industry gathers for the much-anticipated SMM Hamburg, Elomatic is pleased to announce the launch of its new Aura Asset Performance Management (APM) system. With decades of experi...
Barge to Innovate New Zealand Coastal Shipping Grounds in Storm

Barge to Innovate New Zealand Coastal Shipping Grounds in Storm

By The Maritime Executive
September 1, 2024
  A newly launched service using a self-propelled barge that was promoted as a game changer in New Zealand’s coastal shipping ran into problems just weeks after it launched. The Manahau, a 321-foot...
Blade Failure at UK Wind Farm Due to Commissioning Process Says GE Vernova

Blade Failure at UK Wind Farm Due to Commissioning Process Says GE Vernova

By The Maritime Executive
September 1, 2024
  The failure of a blade at the under-construction Dogger Bank offshore wind farm in the UK was due to the commissioning process reports GE Vernova. The company is ruling out an installation or man...
Romania Proceeds with Negotiations to Purchase Moldova’s Commercial Port

Romania Proceeds with Negotiations to Purchase Moldova’s Commercial Port

By The Maritime Executive
September 1, 2024
  The Romanian government has approved a plan to buy neighboring Moldova’s Giurgiulesti port. It is part of a strategic plan to increase its influence across the region and play a critical role in...
New Dimensions at Liebherr – Slewing Bearing with a Diameter of 23 Metres

New Dimensions at Liebherr – Slewing Bearing with a Diameter of 23 Metres

By The Maritime Executive
September 1, 2024
[By: Liebherr-Components AG] Liebherr's Components product segment is further expanding its portfolio in the area of segmented slewing bearings. The segmented roller slewing ring, which was develop...
New Interest in Norway’s Svalbard from China and Others for Arctic Research

New Interest in Norway’s Svalbard from China and Others for Arctic Research

By The Maritime Executive
September 1, 2024
  As more countries continue to invest in polar science, the Norwegian Arctic Archipelago of Svalbard is attracting increased international attention, especially among international bodies looking...
Djibouti Offers Port to Ethiopia in Hopes of Easing Regional Tensions

Djibouti Offers Port to Ethiopia in Hopes of Easing Regional Tensions

By The Maritime Executive
September 1, 2024
  The eastern African nation of Djibouti is proposing a new solution to the ongoing regional tensions as landlocked Ethiopia seeks to develop access to the ocean and global trade. Djibouti has offe...

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