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Jones Act Investments Strong as JP Morgan Group is Latest in the Sector

Jones Act Investments Strong as JP Morgan Group is Latest in the Sector

By The Maritime Executive
August 1, 2024
  Investor interest in the protected U.S. Jones Act shipping market is growing as demonstrated by the news that a group advised by J.P Morgan Global Alternatives’ Global Transportation Group has ta...
Kongsberg Maritime New Contract from Tärntank for Next Wind-Assisted Tanker

Kongsberg Maritime New Contract from Tärntank for Next Wind-Assisted Tanker

By The Maritime Executive
August 1, 2024
[By: Kongsberg Maritime] Kongsberg Maritime continues to solidify its reputation as a leader in next-generation cargo ship development having been awarded a further contract from Danish operator Tä...
Two Divers Survive 38 Hours Adrift in the Gulf of Mexico

Two Divers Survive 38 Hours Adrift in the Gulf of Mexico

By The Maritime Executive
July 31, 2024
  When recreational divers Nathan and Kim Maker went on a trip off the coast of Texas last Wednesday, they thought that it would be a brief day outing. It turned into a multiday ordeal, afloat in t...
UK Allocates Record Clean Energy Funds and Schedules Offshore Wind Auction

UK Allocates Record Clean Energy Funds and Schedules Offshore Wind Auction

By The Maritime Executive
July 31, 2024
  The new UK government of Prime Minister Keir Starmer outlined a massive budget increase devoted to clean energy while calling offshore wind the “backbone” of the country’s strategy. They detailed...
Panama Canal Continues Progress Toward Normal Operations

Panama Canal Continues Progress Toward Normal Operations

By The Maritime Executive
July 31, 2024
  After experiencing one of the worst droughts in its history, Panama highlights it is continuing to move in the right direction restoring capacity at the Panama Canal. The Panama Canal Authority r...
Indian Coast Guard Rescues Crew of Grounded Bulker

Indian Coast Guard Rescues Crew of Grounded Bulker

By The Maritime Executive
July 31, 2024
  On Friday, the Indian Coast Guard rescued 14 crewmembers from a bulker that drifted aground off the coast of Mumbai in rough weather.  The bulker JSW Raigad made a distress call to the Indian...
OceanScore Opens New Singapore Office for Asia Pacific Expansion

OceanScore Opens New Singapore Office for Asia Pacific Expansion

By The Maritime Executive
July 31, 2024
[By: OceanScore] OceanScore has opened a new office in Singapore that will enable it to better serve regional clients as the company sees rising Asian demand for its digital solutions geared toward...
BOEM Releases Final Environmental Statement for Offshore Maryland Wind Farm

BOEM Releases Final Environmental Statement for Offshore Maryland Wind Farm

By The Maritime Executive
July 30, 2024
  The Biden administration is continuing to move forward aggressively with its efforts for the offshore wind energy industry. Plans for the first large-scale wind farm off Maryland cleared a key hu...
New Strike Threats Loom in August Over Canada’s West Coast Ports and Rails

New Strike Threats Loom in August Over Canada’s West Coast Ports and Rails

By The Maritime Executive
July 30, 2024
  Labor disputes impacting both the operations of Canada’s West Coast ports and the two leading railroads are due to come to a head in August. Experts warn of the potential of more disruptions as C...
Broken Bulker Continues to Leak Oil onto South African Coast

Broken Bulker Continues to Leak Oil onto South African Coast

By The Maritime Executive
July 30, 2024
  South Africa was moving to expand its coastal clean-up efforts on Tuesday as the Ultrabulk vessel Ultra Galaxy continues to leak oil. The vessel broke into four pieces over the weekend as it was...

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