Maritime Executive

New Government Partnership to Boost Traceable Fishing

September 7, 2017

The United States Agency for International Development's Oceans and Fisheries Partnership (USAID Oceans) and Inmarsat have advanced communication technology to improve fisheries catch documentation and traceability.

Hyundai Merchant Marine Looks to Arctic Route

August 31, 2017

Maritime Executive

Hyundai Merchant Marine, South Korea's largest container carrier, says it's planning to sail the Northern Sea Route by 2020.

New Robot Containers Could Ship Aquaculture Products

August 25, 2017

Maritime Executive

A group of Norwegian graduates have spent their summer developing smart "robot containers" with cooling systems that can sail to ports without any human interaction.

Manufacturers Call for Pause on U.S. LNG Export Permits

August 23, 2017

Maritime Executive

The Industrial Energy Consumers of America (IECA) has warned that the United States is set to use up 60 to 70 percent of its natural gas reserves by 2050 if all permitted LNG export terminals are built out.

U.S. Will Be Net Exporter of Natural Gas This Year, Energy Group Says

August 15, 2017

Maritime Executive

The U.S. Energy Information Administration's latest outlook projects that the U.S. will export more natural gas than it imports in 2017.

Blockchain Company Launches Digital Currency to Reduce Cargo No-Shows

August 9, 2017

Maritime Executive

Hong Kong-based company 300cubits is aiming to partially replace U.S. dollars in the container shipping industry with tokens soon to be launched on Ethereum - an open-source, public, blockchain-based platform.

New Wave Energy System Could Propel Ships

August 7, 2017

Maritime Executive

Wave energy technology is ready to pair with solar and wind power to create zero emission ships, according to ZShips International.

Shell Gets Ready for 'Lower Forever' Oil Prices

August 3, 2017

Maritime Executive

On an earnings call last week, Royal Dutch Shell CEO Ben van Buerden said the firm has adopted a "lower forever" mindset with a focus on controlling costs.

$100Tr Needed for Infrastructure by 2040, Report Says

August 1, 2017

Maritime Executive

The G20's Global Infrastructure Hub and Oxford Economics have released a report that finds that the world will need nearly $100tr in infrastructure investment by 2040. This equates to nearly $4tr every year - about the same amount as the GDP of Germany.

Maersk Line: Third-Party Data Not Affected by Petya

July 26, 2017

Maritime Executive

In an update last week, Maersk Line gave more information into the causes and effects of the Petya cyberattack, which struck its core business IT systems on June 27. Its damage took Maersk weeks to fully repair.