Global News

China Rolls Out Subsidy for Green Fuels Production

China Rolls Out Subsidy for Green Fuels Production

China announced a green hydrogen policy last week, which will see the country’s state budget offer subsidies for the production of green fuels. Interestingly, the initiative came in the week that IMO member states failed to adopt a Net-Zero Framework for the global...

Iran Steps Up Imports of Chinese Rocket Fuel Material

Iran Steps Up Imports of Chinese Rocket Fuel Material

Iran appears to have accelerated the import of sodium perchlorate, the primary material used to manufacture ammonium perchlorate, which in turn makes up 70 percent of the standard fuel load of most of Iran’s solid-fueled ballistic missiles. Before the 12-Day War,...

Digital Sea Change

Digital Sea Change

Today’s mariners are enhancing their skills with AI, utilizing technology to support better decision-making and safer seas. AI and machine learning continue to be the bogeyman for many in the maritime industry. Mariners have always relied on experience-honed skills...

How Does Air Lubrication Help Improve Vessel Efficiency?

How Does Air Lubrication Help Improve Vessel Efficiency?

More than 80 percent of the world’s goods, measured by volume, are transported by ship. This transport accounts for three percent of global greenhouse gas emissions, according to the UN Trade and Development (UNCTAD). “Many people probably think that we can simply...

In the Know 74: Mike LaFleur, COO of the Port of San Diego

In the Know 74: Mike LaFleur, COO of the Port of San Diego

In this episode of The Maritime Executive's podcast series, editor-in-chief Tony Munoz caught up with Mike LaFleur, a licensed mariner who serves as the Chief Operating Officer for the Port of San Diego.  Just eight miles north of the border with Mexico, San...

U.S. Revokes Sanctions Waiver on Iran’s Chabahar Port

U.S. Revokes Sanctions Waiver on Iran’s Chabahar Port

The U.S. government has revoked a sanctions exemption policy on Iran’s Chabahar port, a move seen as likely to affect the India-led development in the facility. In the past few months, the U.S. has declared a maximum pressure policy to isolate the Iranian regime, with...

Ammonia: Ambition Meets Reality

Ammonia: Ambition Meets Reality

As shipping moves to align with the IMO's ambitious Net Zero Framework, ammonia has emerged as a leading zero-carbon fuel candidate.  With more clarity emerging from upcoming MEPC meetings, nearly 400 ammonia-capable vessels have now entered global orderbooks....

Iranian Oil Exports to China are Back on the Rise

Iranian Oil Exports to China are Back on the Rise

After a period from March to May in which Iranian exports of crude oil to China fell substantially, in the three months from June to August sales have resumed their upward trend. According to Kpler, Chinese ports unloaded 1.68 million barrels per day in August, an...

Testimony Completed in Eagle S Sabotage Trial in Finland

Testimony Completed in Eagle S Sabotage Trial in Finland

Prosecutors and defense lawyers made their final statements on Friday, September 12, in Helsinki District Court in the trial of the captain and two officers from the product tanker Eagle S on charges that their negligence caused the damage on December 25,...

Port of Tauranga Slams Latest Delay in Approving Expansion

Port of Tauranga Slams Latest Delay in Approving Expansion

New Zealand’s biggest port, Tauranga, has slammed further delays in the long-delayed review of large-scale improvements to its harbor, which it says would pump millions of dollars into the country’s economy. The project has been in the consenting system for more than...

Evolving Role for Ship Managers

Evolving Role for Ship Managers

hip management is often identified as a tool for smaller fleets or individual shipowners to run their ships and keep up with the majors. The leading ship managers, however, say the practice is evolving from technical skills to incorporate consulting and advising as...