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MOL Launches Battery-Hybrid Vessel Powered by Hydrogen and Biofuel

MOL Launches Battery-Hybrid Vessel Powered by Hydrogen and Biofuel

By The Maritime Executive
September 13, 2023
On Wednesday, Japanese shipping giant MOL and its partners held a launch and naming ceremony for a unique new low-emissions vessel, the Hanaria. This one-of-a-kind passemger vessel is designed to run...
Halftime Report

Halftime Report

By Jack O'Connell
September 13, 2023
[By Jack O’Connell] After a grueling 2022, which saw stocks tumble an average of 20 percent, the first half of 2023 provided a welcome relief. Led by the tech-heavy Nasdaq, which rose an impressive...
U.S. Pushes Forward with Offshore Wind Despite Financial Pressures

U.S. Pushes Forward with Offshore Wind Despite Financial Pressures

By The Maritime Executive
September 12, 2023
The Bureau of Ocean Energy Management (BOEM) announced yesterday that it has completed its environmental review of the proposed massive Empire Wind Farm Project, which would become the U.S.’s largest...
China's PLA Navy Conducts Largest-Ever Carrier Drill in the Pacific

China's PLA Navy Conducts Largest-Ever Carrier Drill in the Pacific

By The Maritime Executive
September 12, 2023
China's PLA Navy has launched the largest carrier exercise it has ever conducted outside of the First Island Chain, deploying one of its flat-tops alongside a fleet of more than 20 escorts.  Defens...
Video: Mexican Cargo Ship Evacuated as it Lists Away from Dock

Video: Mexican Cargo Ship Evacuated as it Lists Away from Dock

By The Maritime Executive
September 12, 2023
A Mexican registered cargo ship began listing last night while alongside the dock in Mazatlán. As a precaution, the vessel was evacuated while the authorities were working overnight to stabilize it....
UK Effort Plans First Electric SOV in Offshore Decarbonization Race

UK Effort Plans First Electric SOV in Offshore Decarbonization Race

By The Maritime Executive
September 11, 2023
A coalition of leading maritime companies led by Bibby Marine and with financial support from the UK plans to develop the first zero-emission electric Service Operation Vessel (eSOV) to be used to sup...
First Officer of Vessel Being Overtaken is Blamed for Collision

First Officer of Vessel Being Overtaken is Blamed for Collision

By The Maritime Executive
September 11, 2023
The Maritime Disciplinary Court of the Netherlands released its ruling on a September 2022 collision off the coast in which a reefer overtaking a smaller, slower bulker hit the vessel. In a surprising...
UK Awards Funding for $100M in Zero-Emission Vessel Demonstration Projects

UK Awards Funding for $100M in Zero-Emission Vessel Demonstration Projects

By The Maritime Executive
September 11, 2023
The UK Government announced the latest round of zero-emissions shipping projects that have been selected for funding under its Zero Emission Vessel and Infrastructure (ZEVI) fund. Five projects with a...
Bound4blue Raises €22.4 Million from the European Commission

Bound4blue Raises €22.4 Million from the European Commission

By The Maritime Executive
September 11, 2023
[By: bound4blue] bound4blue, the European technology developer of automated wind-assisted propulsion systems for the maritime transport based in Spain, has secured a €15.9M Series A funding round l...
Libya Closes Four Major Oil Ports as Storm Daniel Sweeps Through

Libya Closes Four Major Oil Ports as Storm Daniel Sweeps Through

By The Maritime Executive
September 10, 2023
Libya has announced a temporary closure of four of its major oil ports as a precaution from Storm Daniel, which made a landfall in northeastern Libya on Sunday. The affected ports include Ras Lanuf, Z...

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