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NAVTOR Accelerates IoT and AI Development with Masterloop Acquisition

NAVTOR Accelerates IoT and AI Development with Masterloop Acquisition

By The Maritime Executive
June 13, 2024
[By: NAVTOR] NAVTOR has taken another step forward on its ambitious growth path with the acquisition of specialist software development company Masterloop. With a proven track record within IoT...
AEGIR-Marine Expands Propulsion Services to Hydraulics

AEGIR-Marine Expands Propulsion Services to Hydraulics

By The Maritime Executive
June 13, 2024
[By: AEGIR-Marine] AEGIR-Marine has launched a new propulsion hydraulics workshop from its office in Dubai that offers ship-owners comprehensive overhaul and repair services of propulsion equipment...
One Seafarer Missing on Disabled Ship and Second Injured in Houthi Attacks

One Seafarer Missing on Disabled Ship and Second Injured in Houthi Attacks

By The Maritime Executive
June 13, 2024
  The Houthis have stepped up their attacks over the past 24 hours with severe consequences for the seafarers working aboard the vessels. With three reported incidents in a 24-hour span, one seafar...
Damen Shipyards & Portland Harbour Authority Sign Contract at Seawork 2024

Damen Shipyards & Portland Harbour Authority Sign Contract at Seawork 2024

By The Maritime Executive
June 13, 2024
[By: Damen Shipyards Group] On June 11th 2024, Frederik van der Linde from Damen Shipyards Group and Mike Shipley from the UK’s Portland Harbour Authority (PHA) signed a contract for the delivery o...
Kongsberg Maritime Announces Groundbreaking, Fuel Efficient Bulker Design

Kongsberg Maritime Announces Groundbreaking, Fuel Efficient Bulker Design

By The Maritime Executive
June 13, 2024
[By: Kongsberg Maritime] Kongsberg Maritime has unveiled its radical new 'Super-Efficient Bulker' vessel design concept. The new design is set to redefine industry standards, offering ship owners t...
Port of Seattle Requires All Homeported Cruise Ships to Use Shore Power

Port of Seattle Requires All Homeported Cruise Ships to Use Shore Power

By The Maritime Executive
June 12, 2024
  The Port of Seattle has become the first port in the United States to require that every homeported cruise ship must use shore power. It follows after a similar rule imposed by the state of Calif...
Op-Ed: Countering China's Dominance in Rare-Earth Minerals

Op-Ed: Countering China's Dominance in Rare-Earth Minerals

By The Strategist
June 12, 2024
  [By Ian Satchwell] Markets for critical minerals are no longer shaping up to be the next components of the global economy to be dominated by China. They already are. While Western nations w...
Newbuilding Prices Reach Highest Level in 16 Years Driven by Strong Orders

Newbuilding Prices Reach Highest Level in 16 Years Driven by Strong Orders

By The Maritime Executive
June 12, 2024
  After years of downturn and a soft decade through most of the 2010s, the industry trade group BIMCO reports shipbuilding prices are reaching new highs. Overall order prices are up to the highest...
Vietnam Protests "Illegal" Activities of Chinese "Reef Survey Vessel"

Vietnam Protests "Illegal" Activities of Chinese "Reef Survey Vessel"

By The Maritime Executive
June 12, 2024
The government of Vietnam has protested the operations of a new Chinese survey vessel in the Gulf of Tonkin, alleging that the ship is engaged in "illegal" activities in the Vietnamese exclusive econo...
Tesla Battery Storage System to be Installed by Ørsted at UK Wind Farm

Tesla Battery Storage System to be Installed by Ørsted at UK Wind Farm

By The Maritime Executive
June 12, 2024
  Ørsted has taken the final investment decision on a battery energy storage system which will be one of the largest so far deployed in Europe. It will be associated with the Hornsea 3 project whic...

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