Category: maritime executive

Terminal Trouble: Is the EU Building Too Many Regasification Terminals?   When was the last time you made a great decision in the middle of a panic? In February 2022, Russia invaded Ukraine. Sanctions passed against Russia by European governments included a ban on Russian liquefied natural gas (LNG) imports. Russian pipeline gas, which had…

Could Nations Agree on a Global Plastics Treaty This Year?   [By Emma Bryce] For the past two years, nations have been trying to craft a legally binding global treaty that will tackle plastic pollution. The fast-tracked negotiation process is due to end with this month’s meeting, which is taking place in Busan, South Korea, from…

Trump’s Election Gives Hope to Opponents of Chagos Islands Deal In the wake of President Trump’s decisive re-election, a political campaign is gathering steam on both sides of the Atlantic to pressure the United Kingdom’s Labour government into abandoning its recent agreement to hand sovereignty over the Chagos Islands to Mauritius. Diego Garcia is one of 60…

Video: Salvors Raise Wreck of Burned Superyacht off Sardinia   The sunken superyacht Atina has been raised from the bottom off Sardinia and will be removed for scrapping, according to Italy’s coast guard.  On August 10, the 154-foot superyacht Atina caught fire off the coast of Olbia, a luxury destination on the northeastern shores of…

Huntington Ingalls Names New President for Newport News Shipbuilding   Huntington Ingalls Industries has announced the retirement of longtime Newport News Shipbuilding president Jennifer Boykin, who has run the nation’s premier nuclear-vessel shipyard since 2017. She will be replaced by Kari Wilkinson, the longtime head of HII’s Ingalls Shipbuilding division, effective January 1. “I have…

Hurricane Forecast Prompts Gulf Offshore Operators to Shut in Production Forecasts show Tropical Storm Rafael strengthening into a hurricane and taking a course across the Gulf of Mexico, and offshore producers are shutting in platforms and evacuating rigs in advance of high winds and waves.  As of Tuesday night, Rafael was located south of the…

Plans Launched to Develop Floating Hydrogen Import Terminal in France   As efforts continue to focus on the transition to new energy, Höegh Evi a leader in floating energy infrastructure announced plans for leveraging the experience with LGN to launch possibly one of Europe’s first hydrogen import terminals. Working with officials developing the new deep-water…

Fat Leonard Sentenced to 15 Years and to Pay $20M for USN Bribery and Fraud Nine years after his first guilty plea and 11 years after he was first arrested, Leonard Francis, aka “Fat Leonard” pleaded guilty for the second time in his now notorious bribery and fraud scheme that had wide-reaching and lasting repercussions…

Boxship Ordering Surge Drives Record Growth for Dual-Fuel Propulsion   Orders for alternative-fueled newbuilds hit an all-time monthly record in October, driven by high demand for LNG-powered boxships, according to the latest data from DNV.  Last month, shipowners placed orders for 97 ships with dual-fuel propulsion. LNG dominated the field with 66 ships, including 58…

A Week After Devastating Floods, Spain’s Valencia Port is Restoring Service   A week after massive storms caused widespread flooding and destruction which may have claimed 200 or more lives and destroyed infrastructure, Spanish authorities report the Valencia region is restoring services. The Port Authority reports that container operations in the Port of Valencia have…