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Maritime Executive

President of Palfinger Marine Steps Down

By The Maritime Executive
August 31, 2017
Today it was announced that Styrk Bekkenes, President of PALFINGER MARINE, has stepped down from his position, leaving the helm to his successors. “With the strengths that lie within the company, b...
Maritime Executive

Tropical Storm Harvey Closes America's Biggest Refinery

By The Maritime Executive
August 31, 2017
The largest refinery in the U.S., the 600,000 bpd Saudi Aramco-Motiva facility in Port Arthur, Texas, is shutting down as Tropical Storm Harvey makes its second landfall in Louisiana. In addition, a p...
Maritime Executive

More Rain Ahead for the Flooded Gulf Coast

By The Maritime Executive
August 31, 2017
Tropical Storm Harvey continues to batter the Texas coastline, and a combination of storm surge and unprecedented rainfall is flooding wide swaths of southeastern Texas and southwestern Louisiana. The...
Maritime Executive

Rickmers Maritime Ceases to Exist

By The Maritime Executive
August 30, 2017
On Wednesday, Singapore-based boxship owner Rickmers Maritime announced that it has completed a final distribution to its creditors and has wound up its business. Unsecured creditors received about 12...
Maritime Executive

Hapag-Lloyd: No More Ship Orders for Years

By The Maritime Executive
August 29, 2017
Hapag-Lloyd announced Tuesday that it anticipates no vessel newbuilding investments for several years. Hapag has recently merged with UASC, and the additional vessel capacity it acquired in the deal w...
Maritime Executive

Marine Pollution Control Celebrates 50th Anniversary

By The Maritime Executive
August 29, 2017
Detroit’s Marine Pollution Control (MPC), a prominent environmental services company, was started by accident - literally. In August, 1967, long before oil spills had become much of a concern, the...
Maritime Executive

Video: Tropical Storm Sinks Freighter Off Hong Kong

By The Maritime Executive
August 29, 2017
[Brief] Hong Kong has seen more than its fair share of storms over the course of the past week: last Wednesday, Typhoon Hato arrived at the busy port, toppling stacks of containers, sinking or capsizi...
Maritime Executive

Wells Release More Methane Than Previously Thought

By The Maritime Executive
August 29, 2017
Boreholes in the North Sea could constitute a significantly more important source of the greenhouse gase methane than previously thought, according to a new study from the GEOMAR Helmholtz Centre for...
Maritime Executive

Seafarers' Centers Closed as Harvey Soaks Gulf Coast

By The Maritime Executive
August 28, 2017
Seafarers know the incredible power of water. Their whole lives are spent mindful of safety precautions against water’s destructive potential, especially during storms at sea. We know this on land, to...
Maritime Executive

Chemical Reaction Aboard MV Cheshire Finally Finished

By The Maritime Executive
August 28, 2017
On Sunday, the last of the ammonium nitrate fertilizer aboard the bulk carrier Cheshire finished decomposing and the plumes of smoke from her holds came to a stop, according to an update from her owne...

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