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DSME Fights $975M Compensation Claim from Japanese Energy Company 

DSME Fights $975M Compensation Claim from Japanese Energy Company 

By The Maritime Executive
August 8, 2022
Troubles are continuing to mount for South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering. In the last development, the company reported in a stock exchange filing that it is facing a leg...
Australian Police Seize $195 million in Cocaine Aboard Maersk Boxship

Australian Police Seize $195 million in Cocaine Aboard Maersk Boxship

By The Maritime Executive
August 7, 2022
Australian authorities have seized 700 kilos of cocaine from a container aboard a Maersk boxship in Sydney, adding to the growing cocaine shortage in East Australia. Australian Border Force (ABF) o...
17 Missing in Fire at Cuban Petroleum Terminal

17 Missing in Fire at Cuban Petroleum Terminal

By The Maritime Executive
August 7, 2022
Cuba has reached out to its neighbors for help in fighting a massive tank fire at the Matanzas petroleum complex, which has killed at least one person and left 17 missing.  The fire broke out Frida...
Maritime Executive

Reconciliation Bill Gives Massive Boost to U.S. Offshore Wind

By The Maritime Executive
August 7, 2022
On Sunday, Senate Democrats passed a large-scale budget reconciliation package on a party-line vote, enacting many (but far from all) of the Biden administration's climate policy priorities. The bill...
Ukraine's Grain Exports Speed Up With Second Convoy

Ukraine's Grain Exports Speed Up With Second Convoy

By The Maritime Executive
August 7, 2022
Traffic on Ukraine's grain export corridor is beginning to pick up in earnest, with multiple vessels inbound and outbound. On Sunday, the second multi-ship convoy departed Odesa and Chornomorsk carryi...
Lindblad Relaunches Former Crystal Cruise Ship in Galapagos

Lindblad Relaunches Former Crystal Cruise Ship in Galapagos

By The Maritime Executive
August 5, 2022
Lindblad Expeditions is preparing to launch its new cruise ship acquired last year from Genting Hong Kong and Crystal Cruises as the financially troubled organization began to downsize. The ship has b...
Maritime Executive

Forward Thinking

By Tom Peters
August 5, 2022
The marine cargo industry continues to be rocked by the global pandemic, supply chain issues, fluctuating rates, fuel costs, port congestion and the Russia/Ukraine war that has no immediate end in sig...
USCG Catches Four Fishermen Poaching Sharks in Gulf of Mexico

USCG Catches Four Fishermen Poaching Sharks in Gulf of Mexico

By The Maritime Executive
August 4, 2022
On Tuesday, the U.S. Coast Guard busted four fishermen for crossing into U.S. federal waters to illegally fish for sharks. U.S. Customs and Border Protection tipped off Coast Guard Sector Corpus Ch...
MOL Joins Research JV Using Aerospace Engineering to Reduce Emissions

MOL Joins Research JV Using Aerospace Engineering to Reduce Emissions

By The Maritime Executive
August 4, 2022
Mitsui O.S.K. Lines, which has already been actively pursuing wind-assisted propulsion and fluid dynamics for improved performance, will now join a joint research effort for the application of aerospa...
Rolls-Royce Power Systems Records Record Order Intake

Rolls-Royce Power Systems Records Record Order Intake

By The Maritime Executive
August 4, 2022
[By: Rolls-Royce’s Power Systems] Demand for products and solutions of Rolls-Royce’s Power Systems business remains very strong with continued record order intake in the first half. Demand has been...

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