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Maritime Executive

CMA CGM Creates $1.5B Fund to Accelerate Group’s Decarbonization

By The Maritime Executive
September 4, 2022
The CMA CGM Group is creating a “Special Fund for Energies,” backed by a five-year, $1.5 billion commitment designed to accelerate its energy transition and achieve net zero by 2050. The mission of th...
Germany Charters Fifth FSRU as Part of Long-Term Energy Plan

Germany Charters Fifth FSRU as Part of Long-Term Energy Plan

By The Maritime Executive
September 2, 2022
The German government announced plans for its fifth Floating Storage Regasification Unit (FSRU) as part of the effort to replace the gas that it previously imported from Russia. Texas-based Excelerate...
Maritime Executive

Port Economics: Prof. Michael Dooms on Sustainable Port Development

By Brian Gicheru Kinyua
September 2, 2022
In the past two years, the shipping and ports sector has seen a drastic transformation. Historically, container shipping has been a loss-making venture as overcapacity plagued the industry. For instan...
Gibraltar Races to Remove Oil From Bulker

Gibraltar Races to Remove Oil From Bulker

By The Maritime Executive
September 1, 2022
Gibraltar has an around-the-clock effort underway attempting to pump oil from the bulker that wrecked Monday night as it was departing the port. The oil leak intensified after the hull of the bulker “...
KVH Partners With Hellenic Broadcasting Corporation

KVH Partners With Hellenic Broadcasting Corporation

By The Maritime Executive
August 31, 2022
Programming includes Greek-focused news and current events, music, sports, and a radio program featuring a special show dedicated to Greek seafarers   KVH announces an enhanced content service focus...
Kongsberg Maritime Launches EcoAdvisor, a Tool for Vessel Optimisation

Kongsberg Maritime Launches EcoAdvisor, a Tool for Vessel Optimisation

By The Maritime Executive
August 31, 2022
Kongsberg Maritime has launched EcoAdvisor™, an intelligent and dynamic decision support system for optimizing a range of vessel operations. EcoAdvisor™ is an outcome of a joint ‘Intelligent Effici...
DNV Awards AiP for Green Ammonia Floating Production Unit

DNV Awards AiP for Green Ammonia Floating Production Unit

By The Maritime Executive
August 31, 2022
An industrial scale concept for a floating production unit to produce green ammonia at sea has secured Approval in Principle (AiP) from DNV, affirming the technical feasibility of the design. The s...
West Coast's "Most Popular Whale" Killed by Ship Strike

West Coast's "Most Popular Whale" Killed by Ship Strike

By The Maritime Executive
August 31, 2022
A well-known humpback whale from coastal California, known to whalewatchers and marine biologists as "Fran," has been killed by an apparent ship strike.  "Fran" - named by an avid whalewatcher afte...
Baltic Nations Pledge to Increase Offshore Wind Power Sevenfold

Baltic Nations Pledge to Increase Offshore Wind Power Sevenfold

By The Maritime Executive
August 30, 2022
Citing the Russian threat to European energy security, the leaders of eight Baltic nations agreed Tuesday to a massive increase in offshore wind power by 2030. While the investment will help address c...
An "FPSO" for Green Ammonia Wins Approval in Principle

An "FPSO" for Green Ammonia Wins Approval in Principle

By The Maritime Executive
August 30, 2022
Green ammonia is one of shipping's best long-term bets for carbon-neutral propulsion on deep-sea routes, and it could be produced at sea too, if Norwegian startup H2Carrier succeeds. The company has d...

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