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Vitol and Grindrod Wind Down Bunker Supplier Cockett Group

Vitol and Grindrod Wind Down Bunker Supplier Cockett Group

By The Maritime Executive
May 13, 2025
Commodities firms Vitol and Grindrod have decided to wind down their bunkering joint venture, the longtime bunker supplier Cockett. The 45-year-old company is solvent and in a good financial positio...
Archaeologists Find Historic Dutch Shipwreck off Australia

Archaeologists Find Historic Dutch Shipwreck off Australia

By The Maritime Executive
May 13, 2025
  Researchers in Australia have rediscovered the wreck of a Dutch cargo ship that went down south of Adelaide. The vessel is believed to be the Koning Willem de Tweede, a 140-foot sailing ship t...
MSC Containership Aground in Red Sea is a Possible Victim of GPS Jamming

MSC Containership Aground in Red Sea is a Possible Victim of GPS Jamming

By The Maritime Executive
May 13, 2025
  An MSC containership, MSC Antonia (85,760 dwt) has been aground in the Red Sea for the past several days while a growing mystery is swirling around the vessel’s location and the cause of the inci...
Heads I Win, Tails I Don't Lose: How LNG Became a Failsafe Investment

Heads I Win, Tails I Don't Lose: How LNG Became a Failsafe Investment

By John Hatley, SEA-LNG
May 13, 2025
  For the duration of shipping's decarbonization journey, one question has remained top of mind: how can the industry successfully achieve net-zero while still maintaining commercial viability?...
Equinor May Walk Away from Empire Wind as Stop Work Order Costs Mount

Equinor May Walk Away from Empire Wind as Stop Work Order Costs Mount

By The Maritime Executive
May 12, 2025
Equinor is lashing out at the Trump Administration and the Department of the Interior saying it has been unable to get information and resolve the stop work order on the Empire Wind offshore energy...
Fincantieri Achieves its Best Ever Order Intake and Quarterly Results

Fincantieri Achieves its Best Ever Order Intake and Quarterly Results

By The Maritime Executive
May 12, 2025
Italian shipbuilding group Fincantieri reported its best ever financial results with a strong long-term outlook as it also achieved its best ever quarterly order intake. The results demonstrate the...
Is This the End of the World As We Know It?

Is This the End of the World As We Know It?

By G. Allen Brooks
May 12, 2025
  [This article was published in the March/April edition of The Maritime Executive, before the White House scaled back tariffs on China.] At the turn of the century, Robert Mabro, energy economi...
Shipping Stocks Take Off After Trump's Tariff Rollback

Shipping Stocks Take Off After Trump's Tariff Rollback

By The Maritime Executive
May 12, 2025
  Just in time for the peak container shipping season on the China-U.S. transpacific route, the Trump administration has negotiated a deal with the government of China to relax unprecedented tariff...
South Korea Makes Second Major Cocaine Smuggling Bust in Weeks

South Korea Makes Second Major Cocaine Smuggling Bust in Weeks

By The Maritime Executive
May 12, 2025
Acting on information from the United States authorities, South Korea’s Busan Regional Customs made the second major cocaine seizure from an inbound vessel in just a matter of weeks. The authorities...
Offshore Vessels Feature MAN L21/31 GenSets for Diesel-Electric Propulsion

Offshore Vessels Feature MAN L21/31 GenSets for Diesel-Electric Propulsion

By The Maritime Executive
May 10, 2025
[By: MAN Energy Solutions] Wenchong shipyard in China, part of the CSSC Group, has ordered four shipsets of 3 × MAN 8L21/31 MK2 GenSets in connection with the construction of 4 × 96m C-CSOVs (Const...

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