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Under New CEO, Euronav Plans to Buy 120 Low-Carbon Ships

Under New CEO, Euronav Plans to Buy 120 Low-Carbon Ships

By The Maritime Executive
January 15, 2024
Tanker giant Euronav has a new CEO, and he envisions a dramatic course correction. Alexander Saverys, a member of the shipowning family behind Compagnie Maritime Belge (CMB), took control of Euronav l...
U.S. Navy Plans Deep Review of Shipbuilding Delays

U.S. Navy Plans Deep Review of Shipbuilding Delays

By The Maritime Executive
January 15, 2024
Following news that a next-generation frigate will be delayed, the U.S. Navy has announced a top-level review of its shipbuilding programs. Workforce challenges have plagued many American manufacturer...
Vestas Announces Second Offshore Wind Factory in Poland

Vestas Announces Second Offshore Wind Factory in Poland

By The Maritime Executive
January 14, 2024
  With European offshore wind market tipped for a rebound this year, the Danish wind turbine manufacturer Vestas has announced plans to establish a new blade factory in Szczecin, Poland. This will...
Study: China’s Research Vessels Carry Out Covert Missions for PLA

Study: China’s Research Vessels Carry Out Covert Missions for PLA

By The Maritime Executive
January 14, 2024
  Days after Sri Lanka imposed a one-year moratorium on Chinese research vessels from docking in the country’s ports, a U.S think tank is lifting the lid on clandestine missions that are carried ou...
Sarens Involved in Maintenance Works at Whitla Wind Facility in Alberta

Sarens Involved in Maintenance Works at Whitla Wind Facility in Alberta

By The Maritime Executive
January 14, 2024
[By: Sarens] This windfarm, which last phase was commissioned in 2021, is capable of avoiding more than one million tons of CO2 per year which would have been produced by fossil fuel power generati...
MSC Cruises Confirms Galveston Home Port as Texas Continues Cruise Growth

MSC Cruises Confirms Galveston Home Port as Texas Continues Cruise Growth

By The Maritime Executive
January 12, 2024
  Galveston’s emergence as one of the leading U.S. ports to host cruise ships is continuing with the confirmation that MSC Cruises will make the Texas port its fourth home port starting in 2025. Th...
Chinese Car Company BYD Launches First Car Carrier for European Exports

Chinese Car Company BYD Launches First Car Carrier for European Exports

By The Maritime Executive
January 11, 2024
  An LNG-fueled car carrier which is billed as China’s first built specifically for the export of domestically made cars set sail yesterday for Europe. Part of China’s rapid ascendancy toward leadi...
Advancing Offshore Decarbonization Through Electrification of FPSOs

Advancing Offshore Decarbonization Through Electrification of FPSOs

By Matthew Tremblay
January 11, 2024
  The marine and offshore sectors have an important role to play in driving a successful energy transition. In recent years, significant progress has been made by operators and original equipment m...
MOL Expands Investments in Wind Energy by Buying Maintenance Company

MOL Expands Investments in Wind Energy by Buying Maintenance Company

By The Maritime Executive
January 10, 2024
As part of its strategy to expand into the offshore wind energy sector and other non-shipping businesses, Mitsui O.S.K. Lines has agreed to acquire a majority of the outstanding shares of Hokutaku Co....
NTSB: High Waves Tipped Over Liftboat off Louisiana

NTSB: High Waves Tipped Over Liftboat off Louisiana

By The Maritime Executive
January 10, 2024
The NTSB has concluded its investigation into a tilt-over incident involving the Louisiana-based liftboat Robert in 2022, and has concluded that high waves reached the bottom of the ship's hull while...

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