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If You Think the Ever Given Was Bad, Wait Until You See the Safer

If You Think the Ever Given Was Bad, Wait Until You See the Safer

By Dr. Ian Ralby and Sir Alan Duncan
January 11, 2023
The Ever Given blocked the Suez Canal for six days in March 2021, causing shortages of critical supplies in different parts of the world and sending global trade into a frenzy. The cost to the shippin...
Opinion: Collaboration is Fundamental to Decarbonization of Shipping

Opinion: Collaboration is Fundamental to Decarbonization of Shipping

By Sean McLaughlin
January 11, 2023
Fuel efficiency has always been good for business. Owners and operators have been investing in improved vessel efficiency for years, but the need to decarbonize the fleet coupled with the recent and u...
Corsica Ferries Invests in Construction of Neoline Wind-Powered Ro-Ro

Corsica Ferries Invests in Construction of Neoline Wind-Powered Ro-Ro

By The Maritime Executive
January 11, 2023
French start-up Neoline Armateur reports it has completed the round of investor funding necessary for the construction of the first Neoliner, a wind-powered Ro-Ro the company plans to introduce operat...
Navalrocha Builds Dredger for Jan De Nul Group

Navalrocha Builds Dredger for Jan De Nul Group

By The Maritime Executive
January 11, 2023
Portugal’s Navalrocha Shipyard has completed a multimillion-dollar project for Luxembourg-based company Jan De Nul Group as it targets growth across the Benelux dredging sector. The cluster-contrac...
White House Picks Elizabeth Klein as Next BOEM Director

White House Picks Elizabeth Klein as Next BOEM Director

By The Maritime Executive
January 10, 2023
The Biden administration has promoted longtime Democratic official Elizabeth Klein to replace Amanda Lefton, the outgoing director of the Bureau of Ocean and Energy Management.  Since the administrat...
Asian Shipbreaking Business Ends 2022 at Low Levels

Asian Shipbreaking Business Ends 2022 at Low Levels

By The Maritime Executive
January 10, 2023
The shipbreaking industry in Asia continued to be under pressure in 2022 both from increased scrutiny on recycling and safety as well as emerging financial issues. With shipowners hanging on to tonnag...
Japanese Destroyer Disabled and Leaking Oil After Hitting Rock

Japanese Destroyer Disabled and Leaking Oil After Hitting Rock

By The Maritime Executive
January 10, 2023
One of Japan’s Murasame-class destroyers, the JS Inazuma, hit a rock while on sea trials off the coast of Japan disabling the ship and causing an oil spill. Reports are that the vessel is unable to mo...
Italian Container Port Reopens After Grounded MSC Boxship is Refloated

Italian Container Port Reopens After Grounded MSC Boxship is Refloated

By The Maritime Executive
January 10, 2023
Operations resumed at Italy’s largest container port, Gioia Tauro, 24 hours after an MSC containership veered off course while maneuvering and grounded on the southern breakwater at the port’s entranc...
Maritime Executive

Frontline Abandons Euronav Merger

By The Maritime Executive
January 9, 2023
Frontline, the tanker company backed by Norwegian shipowner John Fredriksen, has unexpectedly backed down from a fight over a merger with tanker giant Euronav. The decision defies industry expectation...
Whisper Energy Transition Project Receives Over 9M EUR in EU Funding

Whisper Energy Transition Project Receives Over 9M EUR in EU Funding

By The Maritime Executive
January 9, 2023
An energy transition project, WHISPER, has been granted 9.2 million EUR in funding from Horizon Europe for a 4-year innovation project. The goal of the project is to develop a solution that can signif...

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