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Carbon Capture is No Silver Bullet, But Holds Opportunities for Shipping

Carbon Capture is No Silver Bullet, But Holds Opportunities for Shipping

By Marcos Salido
July 5, 2024
  Can onboard carbon capture and storage (CCS) technology be a viable tool in shipping’s decarbonization journey? Answering this question requires a holistic perspective, accounting for the entire...
Abolition of French Tonnage Tax Could Lead to Reflagging

Abolition of French Tonnage Tax Could Lead to Reflagging

By Romain Farnoux
July 4, 2024
  The potential abolition of the French tonnage tax regime, a favorable tax framework for shipping companies, is causing significant concern within the industry as early legislative elections reign...
Ukraine Launches Drone-Boat Attack on Novorossiysk

Ukraine Launches Drone-Boat Attack on Novorossiysk

By The Maritime Executive
July 4, 2024
  Ukraine launched a drone attack on the port of Novorossiysk on Wednesday morning, the Russian Ministry of Defense has confirmed. Novorossiysk is a large commercial seaport in the northeastern...
Top Philippine General Says Troops Will Match Chinese Tactics if Assaulted

Top Philippine General Says Troops Will Match Chinese Tactics if Assaulted

By The Maritime Executive
July 4, 2024
In comments to the press on Thursday, the Philippine military's top officer said that if Chinese forces assaulted Philippine troops in the South China Sea again, his forces would respond in kind - not...
Floating Solar Pilot Launched in Dutch North Sea to Test Technology

Floating Solar Pilot Launched in Dutch North Sea to Test Technology

By The Maritime Executive
July 4, 2024
  The Merganser project has been successfully installed in the Dutch North Sea as the first step toward testing and demonstrating the technology. Developed by the Dutch-Norwegian company SolarDuck...
Ports of Indiana Plans to Establish First Container Port on Lake Michigan

Ports of Indiana Plans to Establish First Container Port on Lake Michigan

By The Maritime Executive
July 4, 2024
  Ports of Indiana, the 63-year-old authority managing the state’s ports, is proceeding with a plan to develop the first international sea cargo container terminal on Lake Michigan. According to th...
Interview: Sean Fernstrum, President, R.W. Fernstrum & Company

Interview: Sean Fernstrum, President, R.W. Fernstrum & Company

By Jack O'Connell
July 4, 2024
  Fernstrum, the leading name in marine cooling technology, celebrates its 75th anniversary this year. President Sean Fernstrum explains the secrets of the company's success.  Let’s start with t...
Report: Abandoned Tanker Sinks Off Yemen

Report: Abandoned Tanker Sinks Off Yemen

By The Maritime Executive
July 4, 2024
  The aging tanker Lavant, which sustained uncontrollable flooding off the southeastern coast of Yemen in June, appears to have disappeared and has likely sunk, multiple intelligence sources have c...
France Secures $11B EU Financing to Accelerate Offshore Wind Development

France Secures $11B EU Financing to Accelerate Offshore Wind Development

By The Maritime Executive
July 4, 2024
  Construction of two offshore wind farms in France is set to proceed following the securing of a €10.8 billion ($11.6 billion) financing package from the European Commission. As part of its net-ze...
Italy Detains “Banksy” Migrant Rescue Boat for Second Time

Italy Detains “Banksy” Migrant Rescue Boat for Second Time

By The Maritime Executive
July 4, 2024
  Italian authorities for the second time in a little over a year have issued a detention order to a German-operated rescue boat that became famous because of its funding by British street artist “...

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