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Shipping's New Year and New Era: From Negotiations to Results

Shipping's New Year and New Era: From Negotiations to Results

By Mikko Kuosa
December 22, 2023
Driven by a sea of change in regulations, new technologies and public sentiment, 2023 has pushed the industry firmly on the path of action towards decarbonization. The conversation is finally evolving...
Damaged Hurtigruten Cruise Ship Makes Slow Progress Toward Germany

Damaged Hurtigruten Cruise Ship Makes Slow Progress Toward Germany

By The Maritime Executive
December 22, 2023
  The Norwegian cruise ship Maud (16,151 gross tons) is making slow progress now heading toward Germany after being damaged in a fierce North Sea storm. The storm, which is being called Pia in part...
Call for Assistance After Hurtigruten's Maud is Damaged in North Sea Storm

Call for Assistance After Hurtigruten's Maud is Damaged in North Sea Storm

By The Maritime Executive
December 21, 2023
  The Norwegian cruise ship Maud issued an emergency call on Thursday afternoon, December 21, reporting that the vessel had lost power and navigational capabilities during a fierce winter storm in...
RWE Acquires Three UK Offshore Wind Projects from Vattenfall in $1.2B Deal

RWE Acquires Three UK Offshore Wind Projects from Vattenfall in $1.2B Deal

By The Maritime Executive
December 21, 2023
  Vattenfall has agreed to sell three of its offshore wind farm projects which were in a late stage of development to RWE in a deal that values the wind zone at approximately $1.2 billion. The comp...
SolarDuck Secures Funding to Advance Floating Solar Tech

SolarDuck Secures Funding to Advance Floating Solar Tech

By The Maritime Executive
December 21, 2023
Renewable power startup SolarDuck is moving ahead with R&D for its floating solar technology with a new funding round from a consortium of public and private green investors.  Katapult Ocean, Green...
OSG Joins the Shift to Starlink

OSG Joins the Shift to Starlink

By The Maritime Executive
December 20, 2023
American tanker operator Overseas Shipholding Group has joined the rush to sign up for Starlink, and it plans to finish rolling out the installation of satellite terminals for the low-cost LEO connect...
Venezuela Returns “Fat Leonard” to US 15 Months After He Escaped Detention

Venezuela Returns “Fat Leonard” to US 15 Months After He Escaped Detention

By The Maritime Executive
December 20, 2023
  Fugitive Leonard Francis, aka “Fat Leonard,” is coming back to the United States as part of a new extradition deal made between the White House and Venezuela. The return of Leonard, who famously...
Ørsted Proceeds with Construction of Hornsea 3, World’s Largest Wind Farm

Ørsted Proceeds with Construction of Hornsea 3, World’s Largest Wind Farm

By The Maritime Executive
December 20, 2023
  Ørsted announced that it has made the final investment decision and will be proceeding with what will become the largest offshore wind farm in the world when it is completed in 2027. The decision...
Gulf of Mexico Lease Sale Brings In $382 Million

Gulf of Mexico Lease Sale Brings In $382 Million

By The Maritime Executive
December 20, 2023
The Bureau of Ocean Energy Management (BOEM) has completed a controversial lease sale in the Gulf of Mexico, raking in $382 million in exchange for E&P rights covering 1.7 million acres of federal wat...
China Begins Sea Trials for its First Ultra-Deep Drilling Ship

China Begins Sea Trials for its First Ultra-Deep Drilling Ship

By The Maritime Executive
December 20, 2023
  China has begun sea trials for its first domestically-built ultra-deep ocean drilling ship. Officials are boasting that it is one of the most sophisticated vessels in the world while reporting it...

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