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Canadian and US Ports on St. Lawrence Seaway Mixed Seasonal Results

Canadian and US Ports on St. Lawrence Seaway Mixed Seasonal Results

By The Maritime Executive
July 23, 2020
Accessed by the St. Lawrence Seaway, the Canadian and U.S. Great Lakes ports reported mixed results in June with strong shipments of gain, aluminum, road salt, and grain, but continuing decreases in c...
Video: Indonesian Vessel Catches Fire at Sea

Video: Indonesian Vessel Catches Fire at Sea

By The Maritime Executive
July 23, 2020
[Brief] An Indonesia inter-island ship caught fire and was safely evacuated. At the time of the fire the vessel, the Bahari Indonesia, was sailing near Belitung Island in the Java Sea east of Malaysia...
Adm. Gilday: 11 Out of 14 Decks Aboard USS Bonhomme Richard Damaged

Adm. Gilday: 11 Out of 14 Decks Aboard USS Bonhomme Richard Damaged

By The Maritime Executive
July 22, 2020
In an email to top Navy leadership sent Wednesday, Chief of Naval Operations Michael Gilday gave more details on the extent of the damage aboard the amphib USS Bonhomme Richard, which caught fire and...
Maersk Joins Global Brands in Launching Net Zero Global Initiative

Maersk Joins Global Brands in Launching Net Zero Global Initiative

By The Maritime Executive
July 22, 2020
A.P. Moller – Maersk joined with eight other leading global companies in launching a new initiative to accelerate the transition to a net zero global economy. The initiative, known as Transform to Net...
Maritime Executive

Princess Cruises Cancels Most Trips To Dec 15 Three Months Beyond CDC

By The Maritime Executive
July 22, 2020
Princess Cruises, which had been the first of the large North American cruise lines in March 2020 to announce a suspension of operations, is extending its pause in most operations until December 15, 2...
Robert Allan Ltd. Celebrates 90 Years in Business

Robert Allan Ltd. Celebrates 90 Years in Business

By Robert G. Allan, P.Eng.
July 21, 2020
In business, as in life, after major anniversary milestones like 60 (Diamond) and 75 (Diamond or Sapphire), it seems that every year after that is worth celebrating. However, 90 years is somewhat in t...
Norway’s GIEK Sees ‘Huge Potential’ in Offshore Wind

Norway’s GIEK Sees ‘Huge Potential’ in Offshore Wind

By The Maritime Executive
July 21, 2020
GIEK (The Norwegian Export Credit Guarantee Agency) has quadrupled its offshore wind portfolio to NOK 4.2bn (USD 453m) since the tail end of last year. With ample capacity and competitive rates, it is...
Chevron Buys Noble Energy

Chevron Buys Noble Energy

By The Maritime Executive
July 20, 2020
Chevron Corporation announced Monday that it has agreed to acquire Noble Energy, Inc. in a stock transaction valued at $5 billion. Under the terms of the agreement, Noble Energy shareholders will rece...
Carnival Cruise Line Completes Crew Repatriation Efforts

Carnival Cruise Line Completes Crew Repatriation Efforts

By The Maritime Executive
July 17, 2020
Carnival Cruise Line is in the final stages of repatriating its crew members. More than 26,000 crew members have been sent home from the cruise line’s 26 ships. The process of returning crew home has...
Aker ASA Consolidates Offshore Units, Spins Off Clean-Energy Divisions

Aker ASA Consolidates Offshore Units, Spins Off Clean-Energy Divisions

By The Maritime Executive
July 17, 2020
Norwegian offshore services contractor Aker Solutions is launching a major restructuring effort. The firm plans to spin off its offshore wind and carbon-capture divisions as separate firms, then absor...

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