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Maritime Executive

ClassNK Walks The Chinese Road

By The Maritime Executive
December 30, 2015
The last two decades have seen China playing a very large part in the development of the maritime industry, generating some 41 percent of the growth in global seaborne trade in the last 11 years alone...
Maritime Executive

Arctic Oil and Gas: Triumph and Disappointment in 2015

By Wendy Laursen
December 30, 2015
2015 was a year of both triumph and disappointment for the Arctic’s oil and gas industry. While some projects were abandoned, the region’s potential was highlighted, and the action continues into 2016...
Maritime Executive

Inquiry Finds Weather Caused Chinese Cruise Ship Disaster

December 30, 2015
A formal inquiry has concluded that freak weather led to the sinking of a Yangtze River cruise ship in June that killed 442 people and recommended that the captain be investigated for possible crimes,...
Maritime Executive

Two Bulkers Rerouted to Bermuda After Similar Injuries Aboard

By The Maritime Executive
December 30, 2015
Local media in Bermuda reported that the bulk carriers Gdynia and Hector were both diverted to Bermuda to transfer injured crewmembers to shore for medical assistance. Each crewmember reportedly had b...
Maritime Executive

Mercator Lines Sells Three Bulkers, CEO Resigns

By The Maritime Executive
December 30, 2015
Mercator Lines Singapore (MLS) has announced the resignation of CEO Shalabh Mittal effective December 24. MLS also said that it had finalized the forced sale of three bulkers – the Kesari Prem, Gau...
Maritime Executive

Seabin: A New Way to Clean Up Ports and Marinas

By The Maritime Executive
December 30, 2015
A group of innovators from Spain have designed an automated rubbish bin that catches floating rubbish, oil, fuel and detergents. It is designed for floating docks in the water of marinas, private pont...
Maritime Executive

Panama Canal: Plug Blasting Underway

By The Maritime Executive
December 30, 2015
The Panama Canal is now 96 percent complete with the removal of the northern plug separating the new Pacific Access Channel from the Culebra Cut. The blasting of the plug began on December 24. Loca...
Maritime Executive

Designers at Work in 2015

By Wendy Laursen
December 29, 2015
The year has seen ship designers hard at work to boost the fuel efficiency of the industry and help shipowners meet upcoming environmental regulations: Lightweight Gas Turbine Power GE Marine an...
Maritime Executive

3 PSVs are Successfully Delivered by SINOPACIFIC

By The Maritime Executive
December 29, 2015
SINOPACIFIC Shipbuilding Group (SINOPACIFIC) successfully delivered 3 SPP17A platform supply vessels (PSV) to the shipowner Naviera Petrolera Integral S.A. de C.V. (hereinafter referred to as NPI) at...
Maritime Executive

Notable U.S. Newbuilds of 2015

By Wendy Laursen
December 28, 2015
Currently there are 124 shipyards in the U.S., which are spread across 26 states. Meanwhile, the industry supports over 110,000 jobs and the the industry witnessed some ground-breaking deliveries:...

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