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Maritime Executive

Maersk Parent AP Moller Holding Invests in Green Hydrogen Systems

By The Maritime Executive
December 23, 2020
A.P. Moller Holding, the private investment company that is the parent of the Moller Group and the Maersk shipping and logistics company, is making a significant investment in the green hydrogen secto...
Ørsted and EEW Investing in New Jersey Wind Port Project

Ørsted and EEW Investing in New Jersey Wind Port Project

By The Maritime Executive
December 23, 2020
New Jersey is taking the next steps in its effort to develop the New Jersey Wind Port as a center for the emerging offshore wind industry. In a plan announced on December 22, a southern Jersey remedia...
Vard Floats Out Viking’s First Expedition Cruise Ship

Vard Floats Out Viking’s First Expedition Cruise Ship

By The Maritime Executive
December 23, 2020
Viking’s first cruise ship built for the expedition cruise segment was floated out at Fincantieri’s Vard shipyard in Søviknes, Norway on December 22. Named the Viking Octantis, the hull was moved to t...
Two Chinese Vessels in Distress in Storm off Vietnam Prompting Rescues

Two Chinese Vessels in Distress in Storm off Vietnam Prompting Rescues

By The Maritime Executive
December 22, 2020
A strong storm moving across the South China Sea in the area near Vietnam placed two Chinese-owned vessels in distress. The Vietnamese Coast Guard and other vessels in the area responded to distress c...
Chouest Deploys Battery-Hybrid PSV in U.S. Gulf of Mexico

Chouest Deploys Battery-Hybrid PSV in U.S. Gulf of Mexico

By The Maritime Executive
December 21, 2020
Offshore vessel operator Edison Chouest Offshore (ECO) announced Monday that it has finalized a long-term contract with an oil major in the U.S. Gulf of Mexico to install a battery-hybrid system aboar...
CMB Acquires 46 Vessel Windfarm Crew Transfer Business from SEACOR

CMB Acquires 46 Vessel Windfarm Crew Transfer Business from SEACOR

By The Maritime Executive
December 21, 2020
SEACOR Marine Holdings, a provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, announced that it is selling Windcat Workboats whic...
Maritime Executive

Scotland Invests in Offshore Wind and Tidal Energy for Green Hydrogen

By The Maritime Executive
December 21, 2020
Scotland became the latest country to embrace the hydrogen sector issuing a policy statement in support of the emerging technology and committing to broad investments. The policy calls for investment...
Small, Cheap Metocean Buoys Expand Coverage of High-Res Wave Data

Small, Cheap Metocean Buoys Expand Coverage of High-Res Wave Data

By The Maritime Executive
December 21, 2020
The future of metocean data acquisition could be small, cheap and numerous, according to startup Sofar Ocean. The company has now released over 1,000 of its affordable Spotter drifter buoys, primarily...
A Shrinking Pie

A Shrinking Pie

By Paul Benecki
December 20, 2020
The world of marine salvage is changing quickly on multiple fronts. Ships and projects keep getting bigger, but there aren’t as many casualties. There are fewer well-established companies, but there’s...
Scorpio Bulkers Takes $500M Writedown to Shift to Offshore Wind Sector

Scorpio Bulkers Takes $500M Writedown to Shift to Offshore Wind Sector

By The Maritime Executive
December 20, 2020
NYSE-listed Scorpio Bulkers announced Sunday that its board has formally approved its plan to sell all of its remaining dry bulk fleet and exit the sector by the end of 2021. The remarkable move comes...

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