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Maritime Executive

ABB Opens Its First Integrated Operations Center in Asia

By The Maritime Executive
June 24, 2016
ABB is opening a new integrated Operations Center in Singapore, the third facility of its type, which will allow the company’s expert engineers to follow the sun across the globe.  Typically, at the e...
Maritime Executive

Norsepower's Rotor Sail Wins Prestigious Award

By The Maritime Executive
June 24, 2016
Norsepower Oy Ltd., the developer of the world’s first commercially viable renewable energy-powered vessel technology, has announced that it has received the ‘Innovation of the Year’ accolade at the 2...
Maritime Executive

RBS Moves to Sell its Greek Ship Finance Unit

June 22, 2016
The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap in bad shipping debts at the lender over...
Maritime Executive

Bollinger Delivers USCGC Joseph Tezanos

By The Maritime Executive
June 22, 2016
Bollinger Shipyards has delivered the USCGC Joseph Tezanos, the 18th Fast Response Cutter (FRC) to the United States Coast Guard. The announcement was made by Bollinger President & C.E.O., Ben Bord...
Maritime Executive

Michael J. Ogle Elected President of CIANAM

By The Maritime Executive
June 22, 2016
Michael J. Ogle, Tanker Director for Norton Lily International, recently was chosen to serve as President of CIANAM, Cámara Interamericana de Asociaciones Nacionales de Agentes Marítimos. The elect...
Maritime Executive

European Central Bank Reviews Shipping Loans

June 21, 2016
The European Central Bank has launched a review of banks' lending to the shipping industry, much of which is suffering a deep downturn, five people familiar with the situation told Reuters. The rev...
Maritime Executive

Fugro Deploys Its Q1400 Trenchers at Three North Sea Oil and Gas Projects

By The Maritime Executive
June 21, 2016
Following successful delivery of recent cable-lay and trenching projects for the renewables sector, Fugro has secured three contracts for its trenching services for oil and gas clients. The contracts...
Maritime Executive

Could the U.S. Arm Cutters With Anti-Ship Missiles?

June 20, 2016
[By Chuck Hill] The Coast Guard has a problem. It is not currently equipped to perform one of its missions, and it appears no other agency is prepared to cover the deficiency. The Long Range Anti-S...
Maritime Executive

Ferry's Bow Trapped Under Pier, Passengers Safe

By The Maritime Executive
June 17, 2016
On Thursday afternoon, the hydrofoil ferry Masaccio struck its dock in the harbor of Stromboli, the Aeolian Islands, and got its bow trapped beneath the pier.  49 passengers and plus crew were onbo...
Maritime Executive

Solar Solve Sends Big Order to Korea for HCV Seven Arctic

By The Maritime Executive
June 17, 2016
At the end of May, South Shields based Solar Solve Marine dispatched 60 of their SOLASAFE anti-glare roller sunscreens to Hyundai Heavy Industries (HHI) in South Korea for installation at the wheelhou...

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