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World’s First Hydrogen-Powered Tugboat Ready to Begin Operations

World’s First Hydrogen-Powered Tugboat Ready to Begin Operations

By The Maritime Executive
December 12, 2023
  The first hydrogen-powered tugboat is ready for operation in the Antwerp port area. Developed in a partnership between the Port of Antwerp-Bruges and the Savery family’s CMB.TECH, the vessel is r...
Vard to Build Cable Ship for Toyo as It Looks to Expand Offshore Role

Vard to Build Cable Ship for Toyo as It Looks to Expand Offshore Role

By The Maritime Executive
December 11, 2023
  The growth in the offshore wind business is continuing to create opportunities in the shipbuilding sector with Fincantieri’s Vard group reporting that it has positioned the sector as a business g...
Acta Marine Sells Workboats to Jifmar to Focus on Wind Construction Support

Acta Marine Sells Workboats to Jifmar to Focus on Wind Construction Support

By The Maritime Executive
December 11, 2023
  Consolidation continues in the offshore services business as different segments of the market continue to transition. In the latest move, French offshore marine contractor Jifmar Offshore Service...
BOEM Moves Forward with More U.S. Offshore Wind Auctions and Projects

BOEM Moves Forward with More U.S. Offshore Wind Auctions and Projects

By The Maritime Executive
December 11, 2023
  The U.S. continues to push forward for the development of its offshore wind energy industry with steps for the next lease auction and moving toward approval of another project while at the same t...
Op-Ed: The World Needs U.S. Offshore Energy

Op-Ed: The World Needs U.S. Offshore Energy

By Tim Tarpley
December 11, 2023
As the price of gas continues to seemingly hold steady at around three dollars a gallon, the pocketbooks of Americans continue to suffer. Regretfully, due to global conflict and the outbreak of wars a...
Hapag-Lloyd Leverages Yacht Racing to Study Wind-Assisted Propulsion

Hapag-Lloyd Leverages Yacht Racing to Study Wind-Assisted Propulsion

By The Maritime Executive
December 11, 2023
  Hapag-Lloyd is working to leverage the experience of a world-class racing yacht team as it works to explore the potential of sails for wind-assisted propulsion on its containerships. The project,...
ONE Containership Requires Repairs After Suez Canal Grounding

ONE Containership Requires Repairs After Suez Canal Grounding

By The Maritime Executive
December 11, 2023
  Ocean Network Express (ONE) is advising customers that the ONE Orpheus which was involved in last week’s incident at the Suez Canal will require repairs before proceeding. The vessel which had be...
Fincantieri $200 Million Contract for Cable Laying & Construction Vessel

Fincantieri $200 Million Contract for Cable Laying & Construction Vessel

By The Maritime Executive
December 11, 2023
[By: Fincantieri] Vard, Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a highly customized state-of-the-art hybrid power cable-laying and co...
Teck and Oldendorff to Install Flettner Rotors

Teck and Oldendorff to Install Flettner Rotors

By The Maritime Executive
December 11, 2023
[By: Oldendorff] Teck and Oldendorff Carriers announce agreement to outfit bulk carrier with Flettner Rotor sails to reduce emissions. Teck Resources Limited (“Teck”) and Oldendorff Carriers Gmb...
EU Offers $4B in Support for French Offshore Wind Development

EU Offers $4B in Support for French Offshore Wind Development

By The Maritime Executive
December 10, 2023
Last week, the European Commission (EC) approved the release of $4.4 billion to support rollout of offshore wind energy in France. The scheme was approved under the State aid Temporary Crisis and Tran...

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