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Bold Ocean Acquired by Institutional Investors Advised by J.P. Morgan

Bold Ocean Acquired by Institutional Investors Advised by J.P. Morgan

By The Maritime Executive
August 5, 2024
[By: Bold Ocean, LLC] Bold Ocean, LLC (“Bold Ocean”) is pleased to announce that institutional investors advised by J.P. Morgan Asset Management have acquired Bold Ocean from its parent company, NO...
OCIMF Appoints New Chair

OCIMF Appoints New Chair

By The Maritime Executive
August 5, 2024
[By: Oil Companies International Marine Forum] The Oil Companies International Marine Forum (OCIMF) has appointed bp’s Senior Vice President Shipping Lambros Klaoudatos as its new Chair. Lambros ta...
ClassNK World's 1st AiP for LNG Carrier with Wind-Assisted Propulsion

ClassNK World's 1st AiP for LNG Carrier with Wind-Assisted Propulsion

By The Maritime Executive
August 5, 2024
[By: ClassNK] ClassNK has issued an Approval in Principle (AiP) for the membrane-type LNG carrier installed with the 'Wind Challenger', a hard sail wind propulsion system. The ship is jointly devel...
Wallem Group and COSCO Enter Strategic Cooperation Agreement

Wallem Group and COSCO Enter Strategic Cooperation Agreement

By The Maritime Executive
August 5, 2024
[By: Wallem Group] Wallem Group, a leading global maritime partner, is pleased to announce it has signed a strategic cooperation agreement with COSCO Shipping Seafarer Management Company to enhance...
Iran Releases Filipino Crewmembers from Seized Boxship MSC Aries

Iran Releases Filipino Crewmembers from Seized Boxship MSC Aries

By The Maritime Executive
August 5, 2024
  Filipino officials confirmed on Saturday, August 3, that all the Filipino crewmembers who were working aboard the MSC Aries when the vessel was seized have now been released. Department of Migran...
KR Celebrates Arrival of Low-Carbon Sailing Cargo Ship "SV Juren Ae"

KR Celebrates Arrival of Low-Carbon Sailing Cargo Ship "SV Juren Ae"

By The Maritime Executive
August 5, 2024
[By: Korean Register] KR is proud to announce the successful delivery of the groundbreaking low-carbon sailing cargo ship SV Juren Ae (IMO no. 1021245) to the Marshall Islands Shipping Corporation...
Damen Signs with Lithuanian Ministry of National Defence for ASD Tug 3010

Damen Signs with Lithuanian Ministry of National Defence for ASD Tug 3010

By The Maritime Executive
August 5, 2024
[By: Damen Shipyards Group] Damen has signed a contract with the Lithuanian Defence Resources Agency under the Ministry of National Defence for the acquisition of a new ASD Tug 3010. The tug is to...
ILA Starts Preparations for East and Gulf Coast Port Strike on October 1

ILA Starts Preparations for East and Gulf Coast Port Strike on October 1

By The Maritime Executive
August 5, 2024
  The International Longshoremen’s Association (ILA) is increasing its posturing for its first potential strike in more than four and a half decades. The union which represents dockworkers at U.S....
Charity Commits Long-Term Funding to Support Seafarers at Risk in Ukraine

Charity Commits Long-Term Funding to Support Seafarers at Risk in Ukraine

By The Maritime Executive
August 5, 2024
[By: Stella Maris] Leading maritime charity Stella Maris is committing funding “for as long as it takes” to provide urgent support to the thousands of seafarers in Ukraine and those regularly makin...
Ukraine Claims to Have Sunk a Russian Submarine

Ukraine Claims to Have Sunk a Russian Submarine

By The Maritime Executive
August 4, 2024
On Saturday, the Ukrainian military claimed that its forces had sunk a Kilo-class submarine at the port of Sevastopol. If true, it would be the second time that Ukraine has carried out a successful st...

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