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Maritime Executive

Second Former Petrobras Executive Indicted

By The Maritime Executive
December 15, 2014
Brazilian prosecutors said on Monday they had filed criminal charges against another former executive at Petrobras and three other people for alleged involvement in a massive kickback scheme at the st...
Maritime Executive

EBDG-designed CAPE HORN Delivered into Service

By The Maritime Executive
December 15, 2014
Elliott Bay Design Group (EBDG), a leading naval architecture and marine engineering firm with offices in Seattle and Ketchikan, recently announced the delivery into service of the CAPE HORN, a Specia...
Maritime Executive

Bunker Tailwind for Carrier Profits

By The Maritime Executive
December 15, 2014
Crude oil fell to its lowest price in five years last week. What are the potential bunker cost- savings that carriers can expect? Figure 1 IFO 380 bunker prices (Rotterdam, US$ per tonne)...
Maritime Executive

Tanker Demand Outstripping Supply -BIMCO

By The Maritime Executive
December 14, 2014
Demand Freight rates are always difficult to predict. This time around, the sudden tightness took us by surprise in a positive way. Beyond that crazy third week of November, we almost nailed it for c...
Maritime Executive

Moose Boats Delivers Catamarans to U.S. Agencies

By The Maritime Executive
December 11, 2014
Moose Boats, an aluminum boat manufacturer, has delivered a M2 – a 38’ Patrol Catamaran to the United States Park Police in Fort Tilden, New York. The Moose Boats M2 all aluminum catamaran is powered...
Maritime Executive

Steering Issues Set Teekay Tanker Adrift

By The Maritime Executive
December 11, 2014
A Teekay tanker lost its steering and was left adrift off the coast of Nova Scotia, Canada on Tuesday, while on its way to New York. There was no reported danger to the crew on the 2004-built Austral...
Maritime Executive

SAM Electronics Retrofits Carnival with VDRs

By The Maritime Executive
December 11, 2014
L-3 SAM Electronics announced today that it has successfully retrofitted Carnival Cruise Lines’ fleet of 24 ships with its Voyage Data Recorder (VDR 4350) system. L-3 SAM Electronics’ VDR 4350 system...
Maritime Executive

First Mexican Shallow-water Oil, Gas Contracts Coming

By The Maritime Executive
December 11, 2014
Mexico's initial shallow-water oil and gas contracts will offer companies a share of output with average production costs estimated at about $20 per barrel, the National Hydrocarbons Commission said o...
Maritime Executive

Rolls-Royce, VTT Unveil Vision of Ship Intelligence

By The Maritime Executive
December 11, 2014
Rolls-Royce predicts that Ship Intelligence will be the next major transition for the shipping industry as ships are set to become more complex and will require high levels of data analysis to operate...
Maritime Executive

U.S. Model Predicts Offshore Hydrocarbon Leaks

By The Maritime Executive
December 11, 2014
A new modeling tool created by scientists at the U.S. National Energy Technology Laboratory (NETL) is helping to prevent future hydrocarbon leaks and providing a greater understanding of how hydrocarb...

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