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Beal Bank USA Lends $450M to Otto Candies to Grow Commitment to Jones Act

Beal Bank USA Lends $450M to Otto Candies to Grow Commitment to Jones Act

By The Maritime Executive
November 13, 2025
[By: Beal Bank USA] Beal Bank USA is pleased to announce that it has arranged a term loan of $450,000,000 to Otto Candies, LLC. Andy Longhurst, Managing Director and head of Shipping for Beal Ba...
Debuting Experimental Graphical Marine Wind Warnings

Debuting Experimental Graphical Marine Wind Warnings

By The Maritime Executive
November 12, 2025
[By: NOAA] The National Hurricane Center's Tropical Analysis and Forecast Branch is proud to announce the availability of our experimental Graphical Marine Wind Warnings. Experimental Graphical...
Anemoi Fits Out a Valemax Bulker With Five Rotor Sails

Anemoi Fits Out a Valemax Bulker With Five Rotor Sails

By The Maritime Executive
November 12, 2025
  The push to cut shipping emissions through wind assisted propulsion continues to gain traction after Anemoi Marine completed the installation of five rotor sails on the very large ore carrier (VL...
Interview: Brian "Buckley" McAllister, President of McAllister Towing

Interview: Brian "Buckley" McAllister, President of McAllister Towing

By Tony Munoz
November 12, 2025
  The fifth-generation leader of a storied company, McAllister combines maritime know-how with a lawyer’s skill set. He also plays a mean guitar. Welcome, Buck, we're honored to have you. Let's...
Four Glencore Traders Plead Not Guilty to Bribery Charges

Four Glencore Traders Plead Not Guilty to Bribery Charges

By The Maritime Executive
November 12, 2025
  Four former employees of trader Glencore have pleaded not guilty to charges of bribery in connection with the firm's oil operations in Nigeria, Ivory Coast and Cameroon in 2007-14.   Paul Hopk...
Oman to Build Clean Energy Bunker and Export Hub in Salalah

Oman to Build Clean Energy Bunker and Export Hub in Salalah

By The Maritime Executive
November 12, 2025
  HIF Global and Acciona Nordex Green Hydrogen have signed a deal with Oman's Ministry of Transport, Communications and Information Technology to explore the building of an e-methanol production an...
50 Years Later, the Wreck of the Edmund Fitzgerald Remains a Mystery

50 Years Later, the Wreck of the Edmund Fitzgerald Remains a Mystery

By The Maritime Executive
November 10, 2025
  November 10 marks the 50th anniversary of the wreck of the Edmund Fitzgerald, the most famous Great Lakes shipwreck and the most enduring mystery of the region's maritime lore. Built in 1958,...
New Entrants into “Green” Cruising

New Entrants into “Green” Cruising

By The Maritime Executive
November 9, 2025
  Cruising is among the shipping segments pursuing new environmentally sensitive technologies, with exploration and luxury at the forefront. Large cruise ships have adopted LNG, scrubbers, and sola...
US Strikes on Drug Smuggling Boats Prompt Warning for Commercial Ships

US Strikes on Drug Smuggling Boats Prompt Warning for Commercial Ships

By The Maritime Executive
November 7, 2025
  The U.S. on Friday, November 7, announced its latest strike on a small boat in the Caribbean believed to be smuggling drugs. It is the 17th reported strike, and as the U.S. continues its offensiv...
Three Killed in Malaysia as Maersk Manages Fires on Two Ships

Three Killed in Malaysia as Maersk Manages Fires on Two Ships

By The Maritime Executive
November 7, 2025
  A fire aboard a containership alongside in Malaysia’s Port of Tanjung Pelepas (PTP) was fatal, killing three and injuring three more, reports Malaysia’s State Fire and Rescue Department. This fir...

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