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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...
Maritime Executive

GTT Strategic Ventures Invests in bound4blue

By The Maritime Executive
September 10, 2023
[By: GTT] GTT Strategic Ventures, the GTT group venture capital arm, announces that it has led a fund-raising round of €15.9 million to support the development of bound4blue, a technology developer...
How the Virtual Watch Tower Complements Private Data with Public Data

How the Virtual Watch Tower Complements Private Data with Public Data

By Mikael Lind et al.
September 10, 2023
[By Mikael Lind, Wolfgang Lehmacher, Xiao Feng Yin, Xiuju Fu, Kenneth Lind, Zhou Rong, Bart Coppelmans, Torbjörn Rydbergh] It is often claimed that big data analytics and artificial intelligence im...
Navigating Cybersecurity with the IMO and New NIST Frameworks

Navigating Cybersecurity with the IMO and New NIST Frameworks

By Chris Wolski
September 10, 2023
In the bustling port of a major city, a cargo ship laden with consumer goods is preparing to dock. The port's automated crane system is ready to offload the freight containers, and the crew is eager t...
Damen Shipyards has Received New Orders from Feyz Group in Turkey

Damen Shipyards has Received New Orders from Feyz Group in Turkey

By The Maritime Executive
September 9, 2023
[By: Damen] On behalf of SLPLUS Holding and based on their trust in Feyz Group’s operational capabilities, Damen Shipyards has received a new order for a Combi Freighter (CF) 5000 and an additional...
Ørsted Acquires Offshore Wind Assets as Eversource Pursues Strategic Exit

Ørsted Acquires Offshore Wind Assets as Eversource Pursues Strategic Exit

By The Maritime Executive
September 8, 2023
Despite its recent statements questioning the economic viability of portions of the U.S. offshore wind energy sector, Ørsted reports it closed on a previously announced acquisition of assets from Ever...
Sticky Case of Indonesia, Seized Iranian Oil Tanker, and Legal Jurisdiction

Sticky Case of Indonesia, Seized Iranian Oil Tanker, and Legal Jurisdiction

By The Lowy Interpreter
September 8, 2023
[By: Dita Liliansa] The two giant freighters floated “dark” in the open ocean not far from Indonesia. Their positioning transponders switched off, neither tanker displayed a national flag – but one...
Maritime Executive

NYK Car Carrier Loses Steering Caught in Storm off Australia

By The Maritime Executive
September 8, 2023
A NYK car carrier is experiencing steering problems while caught in a storm south of Melbourne, Australia with the safety authority directing the ship to head further out to sea. The Australian Mariti...

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