The First True Maritime News & Business Journal for Maritime Executives
Strategies and solutions through case studies, interviews and articles that address the
most critical issues in the maritime industry today.
Only The Maritime Executive provides such depth of insight into the decision making process of industry leaders throughout the maritime world.
The Maritime Executive is the only vehicle so sharply focused to deliver essential information, news and reports from maritime decision makers to other maritime decision makers – an indispensable weapon in your arsenal for further business success in the marine industry.
RSS Feed Press Releases
- Greenpeace Block Palm Oil Delivery at Rotterdam Port September 27, 2016
On Tuesday, Greenpeace activists blocked operations of Malaysian palm oil trader IOI at Rotterdam Port, accusing it of forest destruction and child labor, but other traffic at Europe's busiest port was unaffected, a port spokesman said. Plantati … - Hague Court to Hear East Timor Boundary Dispute September 27, 2016
The Permanent Court of Arbitration in the Hague ruled Monday that it will conduct a compulsory arbitration of the dispute between East Timor and Australia over their maritime boundary. The court reached its decision last week but the announcement w … - U.S. Navy Conducts Drill Close to North Korea September 27, 2016
On Monday, the destroyer USS Spruance joined South Korean forces in the Sea of Japan for a joint naval exercise, the closest ever to North Korean waters, the U.S. Navy said. U.S. Forces Korea commander Gen. Vincent Brooks said that the drill was a s … - India Secures Seabed Mining Rights September 27, 2016
The International Seabed Authority and the Government of India have signed a 15-year exploration contract for polymetallic sulfides. The contract was signed on Monday in New Delhi, India by the Secretary-General of the International Seabed Authority, … - Drewry: THE Alliance Less Competitive Without Hanjin September 26, 2016
Analysts with Drewry say that Hanjin's collapse will put the newly formed THE Alliance at a "size disadvantage" next spring, with just 24 percent of the East-West route capacity and limited ability to add ships. Competing alliances 2M … - Shareholders Say Yes to Baltic Exchange Takeover September 26, 2016
On Monday, Baltic Exchange shareholders approved a $112 million takeover by Singapore Exchange in a deal giving SGX access to the multi-billion-dollar freight derivatives market. At its general meeting, 95 percent of those voting, or 228 shareholders … - Carnival Posts its Best-Ever Quarterly Earnings September 26, 2016
On Monday, Carnival Corporation announced its best quarterly earnings ever, with net income of $1.4 billion in the third quarter. Revenues were up by $200 million compared with the same period last year, driving a slightly higher profit. "We de … - Photos: Veracruz Tanker Fire Extinguished September 26, 2016
Mexican national oil company Pemex announced on Sunday evening that the fire on the product tanker Burgos has been extinguished. The fire broke out on Saturday at 1140 hours at an anchorage off Veracruz, and it engulfed two cargo tanks towards the bo … - Mega-Ship Dreams Obscure Cloudy Future for Shipping September 26, 2016
For Captain Dick S. Danielsen, the childhood dream has been to sail the world's biggest ships. The Danish seaman got his chance three years ago when he was asked to helm the Majestic Maersk, a mammoth, baby blue-painted vessel that at 400 meters … - Carnival Signs for Two Chinese Ships September 25, 2016
During the 11th annual “China Cruise Shipping and International Cruise Expo” in Tianjin on Friday, Fincantieri and China State Shipbuilding Corporation (CSSC), signed a non-binding agreement with Carnival Corporation and CIC Capital Corporation (CIC … - "K" Line Refutes Bankruptcy Allegations September 25, 2016
Japanese container shipping group Kawasaki Kisen Kaisha (“K” Line) has spoken out on claims it is facing bankruptcy. Media reports indicate the “K” Line blames APL Logistics for circulating what it says are false statements about its financial status … - Morten Engelstoft Appointed CEO of APM Terminals September 25, 2016
Morten Engelstoft, currently Chief Executive of A.P. Moller Shipping Services, has been appointed APM Terminals CEO effective November 1, 2016. Engelstoft succeeds Kim Fejfer, currently CEO of APM Terminals and Executive Board member in the A.P. Mol … - Shell Looks at Ocean-Going LNG Vessel Design Project September 25, 2016
Industry group, Project Forward, and Shell have come together to discuss options for supplying LNG-powered vessels and assess the bunker requirements for globally-trading bulk carriers, tankers and container vessels. Led by Arista Shipping, an experi … - Wärtsilä Divests Drives Business September 25, 2016
Finland-based The Switch, a drive trains specialist, has acquired Wärtsilä’s marine drives business. The divestment will encompass Wärtsilä's Medium and Low Voltage power drives specialized for marine applications. As part of the deal, The Switc … - Asian VLCC Rates Remain Under Pressure September 24, 2016
Freight rates for very large crude carriers (VLCCs) are likely to remain under pressure next week as charterers drip-feed cargo in the face of surplus tonnage, shipbrokers said. "The market is going sideways. Owners are trying to lift rates but …
RSS Feed Press Releases
- Erik van der Noordaa Succeeds René ten Brinke as CEO of the RH Marine Group September 26, 2016
RH Marine Group is now ready for the next phase towards a new future, which also requires a different type of leadership. The Supervisory Board and Shareholders would therefore like to announce the appointment of Erik van der Noordaa as the new CEO o … - Corvus Energy Selected to Power New UK Hybrid Ferry September 26, 2016
Corvus Energy Inc. is pleased to announce that Wärtsilä, the world’s leading provider of ship machinery, propulsion and maneuvering solutions, has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a new h … - Wärtsilä to Participate in Research for Autonomous Marine Transport September 26, 2016
Wärtsilä's strong commitment to developing the technologies, the system reliability, and the essential designs to enable the viability of autonomous shipping is again emphasized through its participation in an important research program. Togethe … - Kalmar Automatic Stacking Cranes Arrived to DP World in Brisbane Fully Erected September 26, 2016
Kalmar, part of Cargotec, is pleased to announce the phase 2 of the DP World Brisbane Automatic Stacking Cranes (ASC) project has kicked off with a successful target delivery. The shipment carrying two new 9-wide ASCs arrived at DPW in project schedu … - Intellian to Deliver Complete Fleet Xpress Solution from Three Global Locations September 26, 2016
Intellian Technologies, the worldwide leader in maritime satellite communications systems, and Inmarsat, the leading provider of global mobile satellite communication services, announced today a partnership aimed at accelerating the transition proces … - Vard Engineering Receives DNV GL Approval in Principle September 26, 2016
DNV GL has awarded Vard Engineering Brevik AS with an Approval in Principle (AiP) for their new 6,500 m3 bunker vessel design. The design has been evaluated for compliance with the DNV GL Gas Bunker rules, the applicable Gas Carrier rules as well as … - More Solar Solve Marine Orders for Chinese Built Gas Carriers September 26, 2016
South Shields based Solar Solve Marine recently dispatched a consignment of almost 150 Type Approved SOLASOLV Anti-Glare Roller Screens and ROLASOLV Roller Blinds of assorted shapes specifications to their Shanghai based Distributor. They are to be i … - Aras Announcement September 26, 2016
Aras®, the next leader in enterprise Product Lifecycle Management (PLM) software, today announced Ingalls Shipbuilding, a division of Huntington Ingalls Industries – America’s largest military shipbuilding company, has selected the Aras Innovator® pl … - Air France KLM – Dedicated to the Global Energy and Maritime Industry September 26, 2016
For years, Air France and KLM have been highly dedicated to the global maritime industry, with focus on seamans travel. Special attention and development of solutions that have supported the marine crewing industry have put Air France KLM in to its l … - Bureau Veritas Reaffirms Commitment to the North Sea with Appointment of CEO September 26, 2016
Bureau Veritas, a global leader in testing, inspection and certification (TIC) services, has appointed Paul Shrieve as chief executive officer (CEO) of North Sea Offshore Operations, Marine and Offshore. Paul, is based at the company’s Aberdeen offic … - ABS Delivers Keynote Address at Coast Guard Foundation Awards Dinner September 26, 2016
ABS Chairman, President and CEO Christopher J. Wiernicki addressed the Coast Guard Foundation at the 2016 Pacific Area Awards Dinner in San Francisco as a keynote speaker. Expressing pride in the long, shared history between the U.S. Coast Guard (USC … - EMAC Commences Work on Resolving Maritime Disputes in Middle East September 26, 2016
EMAC is now fully functional and operational with its team and is ready to accept arbitration and mediation and applications or any queries related to EMAC, its services and/or facilities. Majid Bin Bashir, Vice Chairman and Secretary General of EMAC … - World's First System of Autonomous Ships Kicks Off at The Baltic Sea September 26, 2016
Empowering the digitalization and harvesting effectively its benefits is priority area in the Governmental Program of Finland. Digitalization has also a strong role in the development of the competitiveness of the Finnish maritime cluster. Autonomous … - IMRF Launches "Keep Children in the Med Afloat" Campaign September 26, 2016
Lifejackets have been donated by ActionAid to the International Maritime Rescue Federation (IRMF) to send to the Mediterranean to help adults and children who need rescuing on a daily basis. The 300 lifejackets – 150 for adults and the rest for child … - DFDS Celebrate 150 Years in Business September 25, 2016
Shipping company DFDS is celebrating 150 years in business by redesigning old shipping posters. DFDS is northern Europe’s largest integrated shipping and logistics company. It began in Denmark in 1866 with the famous Danish industrialist Carl Frederi …
