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Wind-Turbine Maker Siemens Gamesa Lays Off 2,900 Workers

Wind-Turbine Maker Siemens Gamesa Lays Off 2,900 Workers

By The Maritime Executive
October 2, 2022
Siemens Gamesa intends to lay off 2,900 employees after revealing that inflation and supply chain issues are affecting its bottom line. Rising costs for energy, raw materials and transport are cutting...
Rolls-Royce & Lürssen Focus on Methanol Propulsion for Large Yachts

Rolls-Royce & Lürssen Focus on Methanol Propulsion for Large Yachts

By The Maritime Executive
October 2, 2022
Rolls-Royce and yacht/shipbuilder Lürssen are making a strong case for methanol as an environmentally friendly and climate-friendly fuel for yachts. They are already working on specific projects, incl...
Winds of Prosperity

Winds of Prosperity

By Tom Peters
October 2, 2022
The winds of prosperity in marine cargo may be shifting even further toward the breakbulk, heavylift and project cargo sectors as more shippers move cargo out of containers and into breakbulk because...
Huisman Signs Contract by Heerema for Motion Compensated Pile Gripper

Huisman Signs Contract by Heerema for Motion Compensated Pile Gripper

By The Maritime Executive
September 30, 2022
Huisman has been awarded a contract by Heerema Marine Contractors to deliver a state-of-the-art Motion Compensated Pile Gripper. This will be the third Motion Compensated Pile Gripper to be built...
U.S. Coast Guard Completes 150-Plus Rescues After Hurricane Ian

U.S. Coast Guard Completes 150-Plus Rescues After Hurricane Ian

By The Maritime Executive
September 30, 2022
The U.S. Coast Guard has saved over 150 people and more than 50 pets in its post-storm response to Hurricane Ian, Commandant Adm. Linda Fagan said Friday.  Hurricane Ian came ashore near Fort Myers...
Hurricane Ian Leaves Behind "Historic" Damage as it Departs Florida

Hurricane Ian Leaves Behind "Historic" Damage as it Departs Florida

By The Maritime Executive
September 29, 2022
First responders in Florida are just beginning to assess the toll from Hurricane Ian, which came ashore near Fort Myers on Wednesday as a high-Category 4 storm. At least nine people have been reported...
EverWind and Maersk’s Svitzer to Develop Canada’s First Green Fuel Tug

EverWind and Maersk’s Svitzer to Develop Canada’s First Green Fuel Tug

By The Maritime Executive
September 29, 2022
Efforts are underway to develop and operate Canada’s first green fuel powered commercial tugs. EverWind Fuels, a private developer of green hydrogen and ammonia production in Nova Scotia, and Svitzer,...
Six European Ports Collaborate to Support Offshore Wind Growth

Six European Ports Collaborate to Support Offshore Wind Growth

By The Maritime Executive
September 29, 2022
One of the challenges created by the rapid expansion of the offshore wind industry is the need for port facilities to support the industry both during its installation and later for maintenance and op...
Price Cap on Russian Oil is a Board-Level Risk for the Tanker Sector

Price Cap on Russian Oil is a Board-Level Risk for the Tanker Sector

By Ami Daniel
September 29, 2022
On September 9, the US and its allies unveiled the next step in their plan to cap the price of Russian-sold oil – a bold next step that goes above and beyond initial embargoes.   So, what does this...
Renewed Crane Range Lifts Offshore Wind Industry to the Next Level

Renewed Crane Range Lifts Offshore Wind Industry to the Next Level

By The Maritime Executive
September 29, 2022
To improve safety and efficiency of customers’ lifting operations during regular maintenance of offshore wind turbines, PALFINGER has launched the PF crane range, a renewed series of wind cranes. A fu...

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