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Trafigura Buys High Heat Tankers JV as Gearbulk Continues Transition

Trafigura Buys High Heat Tankers JV as Gearbulk Continues Transition

By The Maritime Executive
July 22, 2024
The six-year-old partnership between trading group Trafigura and Norway’s Gearbulk is being dissolved as Trafigura moved to take full ownership of the pool operator. The company was launched in 2018 t...
Are We Letting the Terrorists Win?

Are We Letting the Terrorists Win?

By Erik Kravets
July 22, 2024
If you feel like the bad guys are winning lately, you’re not alone. China is vacuuming up cheap Russian and Iranian oil as the Houthis attack Red Sea shipping. Iran is happy to have Houthi help a...
Malaysia Reports Tankers are Secured as Efforts Shift to Investigation

Malaysia Reports Tankers are Secured as Efforts Shift to Investigation

By The Maritime Executive
July 22, 2024
  Speaking to reporters on Monday officials with the Malaysian Maritime Enforcement Agency said their portion of the efforts surrounding the collision of two tankers on Friday is now winding down w...
ABS Approves VIRSEC Maritime English Tests, Setting New Standard

ABS Approves VIRSEC Maritime English Tests, Setting New Standard

By VIRSEC
July 22, 2024
In response to the growing number of maritime accidents attributed to communication errors, VIRSEC, an award-winning e-learning company based in Manchester, UK, proudly announces that its suite of s...
Hanwha Ocean Certified to Compete for U.S. Navy Maintenance Work

Hanwha Ocean Certified to Compete for U.S. Navy Maintenance Work

By The Maritime Executive
July 22, 2024
  Hanwha Ocean signed an agreement with the U.S. Navy today, July 21, making it the second South Korean shipbuilder to be certified to compete for U.S. Navy maintenance and repair work contracts. T...
Washington State Ferries New Partnership for Hybrid-Electric Vessels

Washington State Ferries New Partnership for Hybrid-Electric Vessels

By The Maritime Executive
July 22, 2024
[By: Washington State Ferries] Washington State Ferries has a new partner coming aboard for its journey to zero emissions by 2050, contracting with marine technology electrification experts ABB to...
Crew Rescued as Fire Destroys FSO Off Nigeria

Crew Rescued as Fire Destroys FSO Off Nigeria

By The Maritime Executive
July 22, 2024
  The Nigerian Maritime Administration and Safety Agency is reporting that all 19 crewmembers survived a fire on a floating storage unit employed by a domestic oil company. Brittania-U released a s...
After India Cancels Shipbuilding Order, Turkey Suspends Defense Exports

After India Cancels Shipbuilding Order, Turkey Suspends Defense Exports

By The Maritime Executive
July 21, 2024
  India’s relations with Turkey could take a new turn after reports that the Turkish government has imposed a moratorium on exports of arms and defense items to India. This came to light during a r...
Study: Warming Waters Will Cause Serious Declines in Regional Fisheries

Study: Warming Waters Will Cause Serious Declines in Regional Fisheries

By Dialogue Earth
July 21, 2024
  Global fish catches are likely to plunge if the planet warms by just a few degrees, according to one of the most comprehensive attempts to model this understudied topic.  The projections are b...
Russian Superyacht Alfa Nero Finally Sold for $40 Million

Russian Superyacht Alfa Nero Finally Sold for $40 Million

By The Maritime Executive
July 21, 2024
  At long last, the Russian superyacht Alfa Nero has been sold, two years after authorities in Antigua and Barbuda seized the ultraluxury vessel and put it in layup at a marina in St. Johns.  Al...

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