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China Delivers First VLCC Equipped with Four Rigid Sails

China Delivers First VLCC Equipped with Four Rigid Sails

By The Maritime Executive
September 26, 2022
China Merchants took delivery today on the first second-generation eco-friendly VLCC. The supertanker is the first to be fitted with four rigid sails as well as other energy improvements.  Built by...
2021 Shows Positive Marine Insurance Trends, but 2022 Shows Inflation

2021 Shows Positive Marine Insurance Trends, but 2022 Shows Inflation

By The Maritime Executive
September 26, 2022
The International Union of Marine Insurance (IUMI) today (19 September) presented its analysis of the 2021 marine insurance market trends at its annual conference in Chicago, USA. The IUMI Global M...
Florida's Gulf Coast Ports Prepare for Tropical Storm Ian

Florida's Gulf Coast Ports Prepare for Tropical Storm Ian

By The Maritime Executive
September 25, 2022
Ports across Florida are bracing for the approach of Tropical Storm Ian, which is expected to curve to the north and make landfall on the state's Gulf coastline on Thursday. The National Hurricane Cen...
Enablers for Decarbonizing the Maritime Industry: Playbook Part 3

Enablers for Decarbonizing the Maritime Industry: Playbook Part 3

By Mikael Lind et al.
September 25, 2022
[By Mikael Lind, Wolfgang Lehmacher, Louise De Tremerie, Frank Dubielzig, Ellinor Forsström, Paul Holthus, Andrea Morgante, Sukhjit Singh, and Lina Tenenbaum] The journey towards a sustainable mari...
Eight Members of Congress Call for Jones Act Waiver for Puerto Rico

Eight Members of Congress Call for Jones Act Waiver for Puerto Rico

By The Maritime Executive
September 24, 2022
Eight Democratic members of Congress have called for a "one-year comprehensive waiver" of the Jones Act for Puerto Rico in the wake of Hurricane Fiona.  In an open letter to Secretary of Homeland S...
Marco Polo Targets Offshore Wind Market with Newbuild CSOV

Marco Polo Targets Offshore Wind Market with Newbuild CSOV

By The Maritime Executive
September 23, 2022
Singapore’s Marco Polo Marine wants to capitalize on the fast expanding Asia-Pacific offshore wind energy market after unveiling plans to build, own and operate a new commissioning service operation v...
First Offshore Floating Hydrogen Production Pilot Begins Tests

First Offshore Floating Hydrogen Production Pilot Begins Tests

By The Maritime Executive
September 23, 2022
The concept of developing hydrogen offshore linked to wind farms is taking a step forward with the first test unit having been dedicated in France. The Sealhyfe platform was installed on a Wavegem wav...
Portugal Targets 10 GW in Giant Offshore Wind Auction in 2023

Portugal Targets 10 GW in Giant Offshore Wind Auction in 2023

By The Maritime Executive
September 23, 2022
As Portugal accelerates efforts for energy transition, the government has further raised the target for its debut offshore wind power auction to 10 gigawatts (GW). In June, the government committed...
UK Receives 26 Bids in First-Ever Carbon Storage Site Auction 

UK Receives 26 Bids in First-Ever Carbon Storage Site Auction 

By The Maritime Executive
September 23, 2022
The UK reports a strong response for its first-ever carbon storage licensing round which offers up 13 areas along the coast for the emerging industry. The North Sea Transition Authority (NSTA) reports...
New Startup Aims to Become First Pure-Play Wind Vessel Owner in Asia

New Startup Aims to Become First Pure-Play Wind Vessel Owner in Asia

By The Maritime Executive
September 22, 2022
A new startup aims to become the first pure-play offshore wind vessel owner in Asia, diversifying a global market which has traditionally been filled by European players.  Within a three-year timet...

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