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Maritime Executive

Harbour Expansion Will Boost Growth Potential of Port of Esbjerg

By The Maritime Executive
June 21, 2013
The largest harbour in Denmark expands when the Port of Esbjerg's new Østhavn (“East Harbour”) opens Friday 21 June. The 650,000 square metre expansion of the harbour will consolidate Esbjerg's posi...
Maritime Executive

Asian Container Liner Finances Under Microscope

By The Maritime Executive
June 21, 2013
Drewry Maritime Equity Research initiates coverage on the global container liners’ sector with three major Asian container lines: Orient Overseas (OOIL), Neptune Orient Lines (NOL) and China Shipping...
Maritime Executive

Mexico to Invest Over $20 Billion in Infrastructure in 2013

By The Maritime Executive
June 21, 2013
Photo: Mexico's Port of Veracruz  Mexico will spend more than $20 billion on roads, train lines and ports among other projects this year, President Enrique Pena Nieto said at an event where he signal...
Maritime Executive

Tropical Storm Barry Heads for Mexico Gulf Coast Oil Installations

By The Maritime Executive
June 20, 2013
Update: Veracruz and Mexico's three main oil exporting ports have been closed since Wednesday afternoon as the storm approached the coast. Almost all of Mexico's crude oil exports, which totaled 1.27...
Maritime Executive

Middle East Leads Global Crude Oil and Condensate Production; Growth in North America

By The Maritime Executive
June 20, 2013
Growth in North American crude oil production (including lease condensate) contributed to record global production of 75.6 million barrels per day (bbl/d) in 2012 (see animated map). In 2012, global p...
Maritime Executive

New Indictments for Former BP Execs in Deepwater Horizon Case

By The Maritime Executive
June 20, 2013
Federal prosecutors unveiled new criminal indictments on Wednesday against a former BP Plc executive and a former BP engineer charged with obstructing investigations into the April 2010 Gulf of Mexico...
Maritime Executive

SIDMAR Delivers an AXYS WatchMate ODAS Buoy to Strengthen Weather Monitoring in Spain

By The Maritime Executive
June 19, 2013
AXYS Technologies Inc. (AXYS) is pleased to announce that its' exclusive Spanish agent, SIDMAR, has recently deployed an AXYS WatchMate™1.8DM buoy in the external port of La Coruña. The WatchMate oc...
Maritime Executive

Carnival Sues BAE Systems Over Recent Triumph Mishap

By The Maritime Executive
June 19, 2013
Carnival Corporation has reportedly filed a lawsuit asking for more than $12 million in damages that the Carnival Triumph suffered in an April incident. The Carnival Triumph broke free of its mooring...
Maritime Executive

Divers Continue Search for Missing 17th Century Ship in Lake Michigan [Video]

By The Maritime Executive
June 19, 2013
Commercial divers and French archaeologists are still trying to solve the mystery of "Le Griffon". Marine archaeologists have located an ancient wooden beam at the bottom of Lake Michigan, a critical...
Maritime Executive

U.S. Coal Exports Set Monthly Record

By The Maritime Executive
June 19, 2013
Photo Source: U.S. Energy Information Administration, Monthly Energy Review based on U.S. Department of Commerce, Bureau of the Census, Monthly Report EM 545. Coal exports from the United States in M...

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