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Eksfin Provides €180m Backing Seaway 7 Cable Installation at Wind Park

Eksfin Provides €180m Backing Seaway 7 Cable Installation at Wind Park

By The Maritime Executive
October 1, 2023
[By: Eksfin] State-backed export credit agency Export Finance Norway (Eksfin) provides NOK 2bn (EUR 180m) in loan financing to the Hai Long wind park in the Taiwan Strait on the back of services re...
Can You Insure a Coral Reef? With the Right Formula, the Answer is Yes

Can You Insure a Coral Reef? With the Right Formula, the Answer is Yes

By The Maritime Executive
October 1, 2023
[By Emma Bryce] On October 7, 2020, Mélina Soto hunkered down in the Mexican port town of Puerto Morelos as Hurricane Delta struck the coast she calls home at 110 miles per hour. “The sound of the...
ABS, Crowley Advance Augmented Reality Technology for Maritime

ABS, Crowley Advance Augmented Reality Technology for Maritime

By The Maritime Executive
September 30, 2023
[By: Crowley] Crowley and ABS, a leading provider in maritime classification and advisory services, have entered an agreement to jointly explore how to advance the use of augmented and virtual real...
Konecranes Upgrades Ropes on One of the Largest Cranes in Germany

Konecranes Upgrades Ropes on One of the Largest Cranes in Germany

By The Maritime Executive
September 30, 2023
[By: Konecranes] In July 2023, GERMAN NAVAL YARDS in the north of Germany had the 600-ton hoisting ropes on their shipbuilding gantry crane – one of the biggest cranes in the country – upgraded by ...
Green Fuels in Shipping Face Major Challenges for 2050 Net Zero Target

Green Fuels in Shipping Face Major Challenges for 2050 Net Zero Target

By Gokcay Balci and Ebru Surucu-Balci
September 29, 2023
Ships carry around 90% of traded goods and emit about 3% of global CO?. The International Maritime Organization (IMO), the UN agency responsible for regulating shipping, recently set out plans for thi...
Maritime Executive

Collapse of Axiom Ince Puts Future of Ince & Co. Brand Into Question

By The Maritime Executive
September 29, 2023
Axiom Ince, the newly-merged combination of storied London law firm Ince & Co. with Axiom DWFM, is closing its doors amidst a significant misuse-of-funds scandal. Axiom DWFM's founder and managing par...
India Issues Tender for Allocation of 7GW of Offshore Wind Capacity

India Issues Tender for Allocation of 7GW of Offshore Wind Capacity

By The Maritime Executive
September 29, 2023
India is inviting developers to tender bids for the allocation of a large swathe of offshore wind sites off the coast of Tamil Nadu. According to a notice issued by India’s Ministry of New and Renewab...
Ride the White Horses

Ride the White Horses

By Erik Kravets
September 29, 2023
Pamir, the last sail cargo vessel to operate commercially and at scale, ran her final route in 1957 on behalf of Hamburg’s Laeisz shipowning dynasty. With three masts, 86 crew and 3,780 tons of barley...
AYRO Secures €19 Million Series B Financing Round Led by Blue Ocean Fund

AYRO Secures €19 Million Series B Financing Round Led by Blue Ocean Fund

By The Maritime Executive
September 28, 2023
[By: AYRO] AYRO, the designer and manufacturer of the revolutionary OceanWings® wingsail solution for cargo ships and yachts, announced today the close of a 19.2 million € ($21 m) Series B round, l...
Kongsberg Launches Multibeam Echosounder to Unlock Secrets of the Seafloor

Kongsberg Launches Multibeam Echosounder to Unlock Secrets of the Seafloor

By The Maritime Executive
September 28, 2023
[By: Kongsberg Discovery] Kongsberg Discovery has announced the launch of EM 2042 - a Multibeam Echo Sounder capable of extending operational weather windows, offering unique flexibility, and deliv...

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