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Home » Authors » Maritime Executive

Articles by Maritime Executive

Oceantransport 3 05

Where Do All Those Old Ships Go to Die? Many to Substandard Beaching Facilities.

February 6, 2014
Maritime Executive
NGO Shipbreaking Platform, a global coalition of organizations seeking to prevent dirty and dangerous shipbreaking practices worldwide, has published the complete list of ships that were dismantled around in the world in 2013. Of the 1213 large ocean-going vessels that were scrapped in 2013, 645 were sold to substandard beaching facilities in India, Pakistan and Bangladesh, says the group. Approximately 40 per cent of these ships were EU-owned.
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UASC's New Vessel Order Tops $2Bn

February 5, 2014
Maritime Executive
United Arab Shipping Company (UASC) has exercised options for six additional 14,000-TEU vessels bringing the total order to 16 ships. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and is the largest in UASC's history, worth over $2bn, including all options. The order features vessels that will be amongst the largest, most technologically advanced, and most environmentally friendly container vessels ever built.
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Logistics port 09

Brazil Backs Billion-Dollar Port in Cuba

January 30, 2014
Maritime Executive
Cuba on Monday inaugurated a $957m port billed as the most modern in Latin America and crucial to the economic future of the communist-ruled island in a project financed by Brazil and equipped for ships passing through an expanded Panama Canal.
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Fight Over Panama Canal Expansion Cost Overrun Was Inevitable

January 24, 2014
Maritime Executive
A bitter dispute between the Panama Canal and a Spanish-led consortium of construction companies over the spiraling cost of expanding one of the world's busiest waterways was years in the making.
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Hong Kong Continues to Have World's 'Freest' Economy

January 17, 2014
Maritime Executive
Hong Kong has maintained its status as the world's freest economy, a distinction that it has achieved for 20 consecutive years. The nomination was made in the 20th anniversary edition of the Index of Economic Freedom, published jointly by The Heritage Foundation and The Wall Street Journal.
Read More

Advanced Emissions Monitoring Could Save Operators More Than $12m Yearly, Study Finds

January 14, 2014
Maritime Executive
Advanced emissions monitoring of large ships calling at EU ports could help save owners and operators of large ships up to 9m Euro ($12.2m) a year, according to a new study published by sustainable transport group T&E.
Read More

Danish Shipping, Oil Giant to Divest Retail Operations

January 10, 2014
Maritime Executive
A.P. Moller-Maersk has agreed to sell substantial stakes in Denmark's largest retailer and a department store chain, as the shipping and oil conglomerate slims down to boost performance.
Read More
Oceantransport 3 04

Egypt Solicits Bids to Develop Logistics Hub Around Suez Canal

January 9, 2014
Maritime Executive
Egypt has invited 14 consortia to bid for a chance to say how they would develop the Suez Canal area, aiming to attract more ships and revenue to shore up the country's finances.
Read More

China Says It's About to Become the World's Top Trader

January 8, 2014
Maritime Executive
China Daily reports that the value of trade in China's goods in 2013 is set to exceed that of the U.S., making the world's second-largest economy the world's top trader for the first time in the modern era.
Read More
Logistics port 08

EPA Competition to Award Grants for Diesel-Cleaning Projects at U.S. Ports

December 18, 2013
Maritime Executive
The U.S. Environmental Protection Agency is announcing the availability of $4m in grant funding to establish clean diesel projects aimed at reducing emissions from marine and inland water ports, many of which are in areas that face environmental justice challenges.
Read More
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