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US Imports Remain High With Signs of Softening of Container Spot Prices

By The Maritime Executive

July 12, 2024

Container import volumes remain strong at U.S. ports and significantly ahead of 2023 levels despite the first signs of softening in the spot market prices. Yet the outlook remains strong spurred...

CBP Recovers Over 1,300 Stolen Cars Being Smuggled Overseas from U.S. Ports

By The Maritime Executive

July 12, 2024

U.S. Customs and Border Protection is reporting a strong increase in the recovery of stolen vehicles being smuggled out of U.S. ports often hidden in containers. Just over 1,300 stolen cars were...

IMB: Violence Against Crew on the Rise Amidst Drop in Piracy

By The Maritime Executive

July 12, 2024

The safety of crews on merchant ships is increasingly becoming a major concern owing to the rise in violent attacks despite a notable decrease in maritime piracy incidents, according to the lates...

India Opens Vizhinjam Transshipment Port with Arrival of Maersk Ship

By The Maritime Executive

July 12, 2024

India’s first new deep-water port designed to facilitate the transshipment of containers celebrated its opening today as the first vessel, operated by Maersk, was being worked alongside. Nearly a...

FMC Defers Approval of Maersk-Hapag Cooperation for Competitive Review

By The Maritime Executive

July 12, 2024

The U.S. Federal Maritime Commission on Friday, July 12, reported that it is deferring its review and approval of the proposed Gemini Cooperation between Maersk and Hapag-Lloyd. While the commission s...

Salvage Crews Wait for Heavy Weather to Subside to Board Grounded Bulker

By The Maritime Executive

July 12, 2024

Salvage teams working to prevent an oil leak and pollution from the grounded Ultrabulk vessel Ultra Galaxy are waiting for South Africa’s bad weather to subside. The vessel grounded late on Tuesd...

Carrier Roosevelt Arrives in Red Sea Area of Operations

By The Maritime Executive

July 12, 2024

U.S. Central Command (CENTCOM) confirmed on July 12 that the supercarrier USS Theodore Roosevelt has arrived in the 5th Fleet area of operations taking over for the carrier USS Dwight D. Eisenhower wh...

Philippine Coast Guard Conducts MOB Search for Missing Boxship Captain

By The Maritime Executive

July 12, 2024

The Philippine Coast Guard has been conducting a search over the past few days for the missing captain of a containership. The vessel was transiting the central Philippines when according to the Coa...

Yanmar and Amogy Explore Ammonia-to-Hydrogen Integration for Marine Power

By The Maritime Executive

July 12, 2024

[By: Amogy] Yanmar Holdings Co., Ltd. (Yanmar) and Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, have entered into a Memorandum of Understanding (MOU) to integrat...

First of Series Damen CSD600 at Work in Indonesia

By The Maritime Executive

July 12, 2024

[By: Damen Shipyards Group] In Indonesia, the first of series Damen CSD600 has started operation. The distinctive Cutter Suction Dredger is the first of Damen’s comprehensive new dredger range to b...

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