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Home » Authors » Maritime Executive

Articles by Maritime Executive

Tanker Fire Highlights Accident-prone Nature of Shipping in Energy Industry

June 4, 2014
Maritime Executive
When DWT tanker Shoko Maru caught on fire recently it was described as one of the worst accidents in energy shipping in the past decade. And a recent study shows that product tankers are considered the most accident-prone shipping types, followed by LPG tankers.
Read More
Legalgovtregulatory 4 02

Fearful of Banking Restrictions, Shipping Lines Stay Away from Iran

June 3, 2014
Maritime Executive
Global shipping lines are increasingly shying away from handling cargoes to Iran as restrictions on banking and insurance continue unabated, despite an interim agreement between Tehran and the West that called for limited sanctions relief.
Read More

U.S. Risks Falling Behind Other Nations on Arctic Initiatives, GAO Study Says

May 27, 2014
Maritime Executive
The U.S. needs a better strategy to coordinate and prioritize its policies related to the Arctic region, according to a Government Accountability Office (GAO) study that was released by Reps. Rick Larsen, Tim Bishop, John Garamendi and Senator Lisa Murkowski.
Read More

Restrictions on Vessels' Nitrogen Oxide Emissions Effective in 2016, But Only in Certain Areas

April 10, 2014
Maritime Executive
The International Maritime Organization's Marine Environment Protection Committee has reached agreement on the entry into force date of new, stricter requirements for ships' emission of nitrogen oxide (NOx) in emission control area.
Read More
Oceantransport 2 11

Market for Multipurpose, Heavylift Vessels Said to Improve

April 9, 2014
Maritime Executive
Drewry's latest Multipurpose Shipping Market Review and Forecaster report anticipates better times ahead for the sector following a tough 2013.
Read More

Container Shipping Industry Likely to See Continued Alliances or Mergers, Study Says

April 2, 2014
Maritime Executive
Consolidation in the container shipping segment via alliances or mergers is likely to accelerate due to persistent overcapacity and freight rates pressure, Fitch Ratings says.
Read More

News That Trio of Ocean Shipping Giants to Join Forces in Mid-2014 Causes Some Concern

March 26, 2014
Maritime Executive
An alliance of the world's top three container shipping firms which could control more than a third of the market is likely to start operating in mid-2014, No.1 player Maersk Line said after the tie-up was approved by U.S. regulators.
Read More

Why Do U.S.-Owned Private Maritime Security Teams Keep Getting in Hot Water?

March 20, 2014
Maritime Executive
Why do U.S.-owned private maritime security teams continually get in trouble on ships overseas? Does the U.S. adhere to a lower standard than the rest of the world when it comes to private maritime security? The answers may surprise you.
Read More
Oceantransport 2 09

Recovering Shipping Industry Sails Back from the Brink

February 13, 2014
Maritime Executive
The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight rates since the end of a shipping boom in 2008.
Read More

Will Natural Gas Become the Main Fuel Powering Transportation?

February 7, 2014
Maritime Executive
Natural gas has started to challenge oil as the dominant transport fuel with companies building gas-powered ships and installing networks of service stations on water and land.
Read More
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