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August Offshore Wind Lease Sale Scheduled for Two Central Atlantic Areas

August Offshore Wind Lease Sale Scheduled for Two Central Atlantic Areas

By The Maritime Executive
June 28, 2024
  The Department of the Interior announced today it would hold an offshore wind energy lease sale in the Central Atlantic. The areas are to be auctioned on August 14, 2024, by the Bureau of Ocean E...
Germany is Discussing Financial Bailout for Meyer Werft

Germany is Discussing Financial Bailout for Meyer Werft

By The Maritime Executive
June 28, 2024
  The shipyard group Meyer Werft is reportedly facing a growing financial crisis that is going to require refinancing of the company by mid-September as it works to address the downturn in the mark...
The Maritime Executive's Global Shipbuilding Edition is Out, Read Online

The Maritime Executive's Global Shipbuilding Edition is Out, Read Online

By Tony Munoz
June 28, 2024
  RAISING THE BAR China, with its 35 percent share, continues to dominate the global shipbuilding market thanks to its solid government subsidies, cheap land and labor. Japan and South Korea, wi...
Small Fire Breaks Out Aboard World's Largest Cruise Ship

Small Fire Breaks Out Aboard World's Largest Cruise Ship

By The Maritime Executive
June 26, 2024
The world's largest cruise ship, the newly-delivered Icon of the Seas, sustained a "small fire" on Tuesday while it was in port in Costa Maya, Mexico.  The crew's fire teams mustered and quickly ex...
Purus’s Next-Generation CSOVs Join IOMSR Fleet

Purus’s Next-Generation CSOVs Join IOMSR Fleet

By The Maritime Executive
June 26, 2024
[By: The Isle of Man Ship Registry] Two next-generation Commissioning Service Operation Vessels (CSOVs) being constructed for UK based ship owner Purus will go into service under the Isle of Man fl...
Vineyard Wind Reaches Milestone as Largest Operating US Offshore Wind Farm

Vineyard Wind Reaches Milestone as Largest Operating US Offshore Wind Farm

By The Maritime Executive
June 25, 2024
  The Vineyard Wind 1 project passed a key milestone today becoming the largest operating offshore wind farm in the United States. Being developed off the coast of Martha’s Vineyard in Massachusett...
U.S. Army Tests New Ballistic Missile on a Moving Maritime Target

U.S. Army Tests New Ballistic Missile on a Moving Maritime Target

By The Maritime Executive
June 25, 2024
The U.S. Army used a new long-range ballistic missile and an autonomous launcher truck against a moving target vessel during the Navy's last sinking exercise, according to the service's 3rd Multi-Doma...
Germany Proceeds with RWE, TotalEnergies, and EnBW for More Offshore Wind

Germany Proceeds with RWE, TotalEnergies, and EnBW for More Offshore Wind

By The Maritime Executive
June 25, 2024
Germany Proceeds with RWE, TotalEnergies, and EnBW for More Offshore Wind Germany approved another offshore wind project and awarded two more leases as it moves forward on its next tranche for re...
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...
Buildout of Offshore Wind Fleet Continues with St. Johns Third CTV Delivery

Buildout of Offshore Wind Fleet Continues with St. Johns Third CTV Delivery

By The Maritime Executive
June 24, 2024
  The buildout of the Jones Act-compliant fleet to service the U.S. offshore wind sector continues with St. Johns Ship Building reporting it delivered the second crew transfer vessel for Windea CTV...

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