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Maritime Executive

Fishing Community Settles Lawsuit Five Years After Golden Ray Wreck

By The Maritime Executive
June 25, 2024
  Plaintiffs in one of the lawsuits stemming from the 2019 wreck of the car carrier Golden Ray have reached an out-of-court settlement nearly 20 months after they sued alleging continuing contamina...
Yacht Crew Charged in Hydra Fireworks Case, But Passengers Walk Free

Yacht Crew Charged in Hydra Fireworks Case, But Passengers Walk Free

By The Maritime Executive
June 25, 2024
  Greek authorities have arrested and charged the crew of a luxury yacht on suspicion of starting a wildfire with a volley of banned fireworks, but the charter passengers - a group of prominent Kaz...
ITF Says Flag States Must Instruct Ships to Divert from Red Sea for Safety

ITF Says Flag States Must Instruct Ships to Divert from Red Sea for Safety

By The Maritime Executive
June 25, 2024
Marking the Day of the Seafarer, the International Transport Workers’ Federation speaking on behalf of seafarers’ unions globally is urging the international community to reflect on the invaluable c...
MOL to Consolidate Dry Bulk Position by Taking Control of Gearbulk

MOL to Consolidate Dry Bulk Position by Taking Control of Gearbulk

By The Maritime Executive
June 25, 2024
Mitsui O.S.K. Lines will increase its ownership position in Norway’s Gearbulk Holdings as part of the Japanese company’s strategy to consolidate and expand its position in dry bulk shipping. MOL, wh...
DP World Launches Cochin Economic Zone, Propelling Global Trade Growth

DP World Launches Cochin Economic Zone, Propelling Global Trade Growth

By The Maritime Executive
June 25, 2024
[By: DP World] DP World, a leading global provider of smart end-to-end supply chain solutions commenced operations of its Cochin Economic Zone. Strategically located within cochin port premise of V...
Greensea IQ Signs Nippon Kaiyo Co., Ltd as New International Representative

Greensea IQ Signs Nippon Kaiyo Co., Ltd as New International Representative

By The Maritime Executive
June 25, 2024
[By: Greensea IQ] Greensea IQ, a leading innovator in marine robotics and automation, is pleased to announce the signing of Nippon Kaiyo Co., Ltd as its new international representative for Japan....
Ships Should be Built to a Seawater-Lubricated Sterntubeless Ship Design

Ships Should be Built to a Seawater-Lubricated Sterntubeless Ship Design

By The Maritime Executive
June 25, 2024
[By: ABS] Future newbuild ships of all types should be built without a sterntube and with a seawater-lubricated propeller shaft bearing arrangement, according to Blue Ocean Alliance’s Chris Leontop...
Two Lockheed Subsidiaries Settle Charges of Overbilling U.S. Navy

Two Lockheed Subsidiaries Settle Charges of Overbilling U.S. Navy

By The Maritime Executive
June 24, 2024
  Two subsidiaries of aerospace giant Lockheed Martin have agreed to pay $70 million to settle allegations that they overcharged the U.S. Navy for aircraft parts, according to the U.S. Department o...
U.S. Navy Loosens Physical Fitness Rules, Giving Flexibility to COs

U.S. Navy Loosens Physical Fitness Rules, Giving Flexibility to COs

By The Maritime Executive
June 24, 2024
The U.S. Navy has minimum physical fitness standards for its recruits, and active-duty servicemembers and reservists also have to pass regular physical fitness assessments if they want to get promoted...
On Day of the Seafarer, IMO Emphasizes Safety and Security

On Day of the Seafarer, IMO Emphasizes Safety and Security

By The Maritime Executive
June 24, 2024
  Each year on June 25, the global maritime community pauses to celebrate seafarers, who deliver 90 percent of all international trade. Seafarers work around the clock in a challenging industrial e...

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