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Maritime Executive

Financing Jones Act Wind Farm Vessels

By Basil Karatzas
December 8, 2020
Offshore wind is the big new player in U.S. maritime. In the last few months I’ve been approached by several banks to provide preliminary valuations for some of the vessels involved, and there seems t...
ONE Apus Arrives in Japan Showing Extent of Massive Container Collapse

ONE Apus Arrives in Japan Showing Extent of Massive Container Collapse

By The Maritime Executive
December 8, 2020
The Japanese flagged container ship ONE Apus, which suffered a massive container loss at sea, arrived in the Port of Kobe, Japan today, December 8. The ship’s owners, Chidori Ship Holding, and its man...
VB Bolero and VB Rumba Welcomed in the Port of Zeebrugge

VB Bolero and VB Rumba Welcomed in the Port of Zeebrugge

By The Maritime Executive
December 8, 2020
Saturday, 5th December 2020, the newbuild Damen tugs VB Bolero and VB Rumba arrived in their homeport Zeebrugge in Belgium and demonstrated their manoeuvres with a tug ballet. The tugs arrived in Z...
Images of World’s Largest Iceberg Drifting in the Southern Ocean

Images of World’s Largest Iceberg Drifting in the Southern Ocean

By The Maritime Executive
December 7, 2020
Britain’s Royal Air Force released dramatic images of what is believed to be the world’s largest iceberg as it drifts from the Antarctic shelf towards South Georgia island. Using enhanced technologies...
Maneuvering Accident Damages Three Ships in Algerian Port

Maneuvering Accident Damages Three Ships in Algerian Port

By The Maritime Executive
December 7, 2020
A maneuvering accident, possibly caused by an electrical failure or another mechanical issue, set off a chain reaction collision at the Algerian port of Bejaia on the evening of December 5. Some local...
Study: "Missing" Ocean Plastic Pollution May be Washing Up on Shore

Study: "Missing" Ocean Plastic Pollution May be Washing Up on Shore

By The Conversation
December 6, 2020
[By Britta Denise Hardesty, Chris Wilcox and Arianna Olivelli] You’ve probably heard that our oceans have become a plastic soup. But in fact, of all the plastic that enters Earth’s oceans each year...
Pacific Basin Using Carbon Offsets for Shore Operations and Customers

Pacific Basin Using Carbon Offsets for Shore Operations and Customers

By The Maritime Executive
December 4, 2020
Hong Kong’s Pacific Basin Shipping company announced that it will be joining the increasing number of shipping lines using carbon offset credits and offering the customers the opportunity to go carbon...
Additional Details on Container Collapse Aboard ONE Network Boxship

Additional Details on Container Collapse Aboard ONE Network Boxship

By The Maritime Executive
December 4, 2020
Additional details and the first pictures have emerged of the container collapse on the boxship ONE Apus in the Pacific. The full extent of the loss remains uncertain as it is too dangerous for the cr...
Oil Major Eni Buys Into World's Largest Offshore Wind Farm

Oil Major Eni Buys Into World's Largest Offshore Wind Farm

By The Maritime Executive
December 4, 2020
In the latest example of oil companies rushing into the offshore wind sector, Italian major Eni is buying a 20 percent stake in the Dogger Bank wind farm project - the largest installation of its kind...
Designs for Jones Act Compliant Vessel to Support Offshore Wind

Designs for Jones Act Compliant Vessel to Support Offshore Wind

By The Maritime Executive
December 4, 2020
Looking to realize the opportunities in the emerging U.S. offshore wind industry, Great Lakes Dredge & Dock Corporation (GLDD) is proceeding with the design and development of the first U.S.-flagged J...

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