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Nibulon Wants Ukraine to Build Its Own Manned Warships

Nibulon Wants Ukraine to Build Its Own Manned Warships

By The Maritime Executive
July 18, 2024
Ukrainian agribusiness and dry bulk conglomerate Nibulon has lost about 70 percent of its turnover since the start of the Russian invasion, and is burdened by its debts - but it is still pushing ahead...
VLCC Market: Is a Supercycle Waiting in the Wings?

VLCC Market: Is a Supercycle Waiting in the Wings?

By Mette Fredericksen
July 18, 2024
  As the first half of 2024 draws to a close, the VLCC market presents a picture of moderate improvement without the dramatic boom witnessed in other tanker segments. While freight rates have exhib...
NYK Bunkers Ammonia-Fueled Tug to Prepare for Sea Trials

NYK Bunkers Ammonia-Fueled Tug to Prepare for Sea Trials

By The Maritime Executive
July 18, 2024
  Japan’s NYK Group reports it has taken another key step as it prepares to start sea trials for the first ammonia-fueled harbor tug. After years of planning, design, and permitting, the conversion...
South Korea Sanctions Ships and HK Company for Violations of UN Resolutions

South Korea Sanctions Ships and HK Company for Violations of UN Resolutions

By The Maritime Executive
July 18, 2024
South Korea’s Foreign Ministry working in conjunction with the Finance Ministry and others is imposing sanctions on two vessels and a Hong Kong-based shipping company over alleged violations of UN Sec...
Becker Marine Systems is Set to Launch Two New Products at SMM 2024

Becker Marine Systems is Set to Launch Two New Products at SMM 2024

By The Maritime Executive
July 18, 2024
[By: Becker Marine Systems] The Hamburg-based company is a leading provider of manoeuvring systems and energy-saving devices for the maritime industry. Two new product segments will be introduced d...
Isotropic™ Welcomes Steven Calice as Deputy Director of Complex Maritime

Isotropic™ Welcomes Steven Calice as Deputy Director of Complex Maritime

By The Maritime Executive
July 18, 2024
[By: Isotropic] Isotropic™ is thrilled to welcome Steven Calice as our new Deputy Director of Complex Maritime. With over 30 years of dedicated experience in VSAT and maritime communications, Steve...
Crowley Promotes Walter Tague to VP of Sales & Supply for its Fuel Business

Crowley Promotes Walter Tague to VP of Sales & Supply for its Fuel Business

By The Maritime Executive
July 18, 2024
[By: Crowley] Crowley has named Walter Tague as vice president of sales and supply for its Crowley Fuels businesses unit, which services energy logistics needs throughout Alaska. With more than 30...
Next High-Stakes Standoff at Second Thomas Shoal Could Involve Allies

Next High-Stakes Standoff at Second Thomas Shoal Could Involve Allies

By The Maritime Executive
July 17, 2024
  The Philippine military has not been able to carry out a rotation and resupply mission to its outpost at Second Thomas Shoal since June 17, the day that China Coast Guard units assaulted two Phil...
FIsherman Survives By Clinging to Half-Sunken Boat in S. Atlantic

FIsherman Survives By Clinging to Half-Sunken Boat in S. Atlantic

By The Maritime Executive
July 17, 2024
Last weekend, a fisherman miraculously survived by clinging to the bow of his half-sunken vessel off the coast of Mar del Plata, according to Argentina's coast guard. On Saturday night at about 213...
Bulkers to Get Boost From Guinea's Vast Simandou Iron Ore Mine

Bulkers to Get Boost From Guinea's Vast Simandou Iron Ore Mine

By The Maritime Executive
July 17, 2024
Rio Tinto and its Chinese partners have secured all regulatory approvals to move ahead with the massive Simandou iron ore mine and railroad project, the "largest greenfield integrated mine and infrast...

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