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Galaxy Leader Crew Released After 14 Months Captivity by Houthis

Galaxy Leader Crew Released After 14 Months Captivity by Houthis

By The Maritime Executive
January 22, 2025
The governing body of the Houthi movement released a statement first reported by Al Masirah TV confirming the crew of the car carrier Galaxy Leader has been released. The crew was held for nearly 14...
Royal Caribbean Orders Sixth Edge Class from Chantiers de l'Atlantique

Royal Caribbean Orders Sixth Edge Class from Chantiers de l'Atlantique

By The Maritime Executive
January 21, 2025
  Cruise ship construction orders continue to be placed as the industry reaches new heights in its growth. Royal Caribbean Group announced the order for the sixth ship of Celebrity Cruises’ Edge cl...
Ørsted Takes $1.7B Charge in Q4 Citing Decline in Value of US Seabed Leases

Ørsted Takes $1.7B Charge in Q4 Citing Decline in Value of US Seabed Leases

By The Maritime Executive
January 21, 2025
Ørsted which is focused on offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, disappointed investors by announcing on Monday, Jan...
Russian Fuel Oil Spill Sickens 150 Cleanup Workers

Russian Fuel Oil Spill Sickens 150 Cleanup Workers

By The Maritime Executive
January 20, 2025
When two tankers broke up and spilled thousands of tonnes of heavy fuel oil near Kerch Strait last month, thousands of volunteers responded to help clean up the mess on the beaches in Krasnodar. Acc...
Trump Withdraws All Federal Waters From Future Offshore Wind Leasing

Trump Withdraws All Federal Waters From Future Offshore Wind Leasing

By The Maritime Executive
January 20, 2025
  In an executive order signed on the first day of his new term, President Donald Trump used the Offshore Continental Shelf Lands Act (OCSLA) to withdraw all federal waters from future offshore win...
World’s Largest Floating Wind Turbine Hoisted for Tests

World’s Largest Floating Wind Turbine Hoisted for Tests

By The Maritime Executive
January 20, 2025
A new 20 MW wind turbine designed for floating applications was recently successfully hoisted in China ahead of the start of testing. The state-owned company CRRC is calling the new unit the world's l...
Suspension Lifted at Vineyard Wind with New Plan Calling for Blade Removal

Suspension Lifted at Vineyard Wind with New Plan Calling for Blade Removal

By The Maritime Executive
January 20, 2025
A revised Construction and Operations Plan has been approved for the troubled U.S. offshore wind farm known as Vineyard Wind approximately six months after one of its turbine blades fractured. In on...
Salvage Complexities Delay Raising of Lost Superyacht Bayesian

Salvage Complexities Delay Raising of Lost Superyacht Bayesian

By The Maritime Executive
January 20, 2025
  The raising of the lost superyacht Bayesian, which went down off Sicily last year with the loss of seven lives, has been temporarily postponed to wait for better weather and approval of a final s...
Australia’s Pilbara Ports Resume Operation After Cyclone

Australia’s Pilbara Ports Resume Operation After Cyclone

By The Maritime Executive
January 20, 2025
  Port operations in the Pilbara region in northwest Australia resumed during the day on Monday, January 20, after a two-day interruption as a powerful cyclone approached. The ports handle exports...
Fraud Charges Against Singaporean Oil Trader Dropped After His Death

Fraud Charges Against Singaporean Oil Trader Dropped After His Death

By The Maritime Executive
January 19, 2025
The founder of a Singaporean oil trading firm that collapsed amidst a financial crime scandal has died, his attorneys told a court earlier this month.  Xie Chun, an experienced oil trader who found...

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