Volga-Dnepr Airlines has played an essential part in the implementation of the large-scale Omani Oil and Gas project with a smooth and seamless delivery of two gigantic oil well rigs to the capital of Oman. The complex delivery for two advanced automated well service rigs, weighing almost 120 tons, was accomplished in partnership with Pentagon […]
UPS has announced a second-quarter 2021 consolidated revenue of $23.4 billion, representing a 14.5% increase over the second quarter of 2020. The company also revealed a consolidated operating profit of $3.3 billion, up 47.3% compared to the second quarter of 2020, and up 40.8% on an adjusted basis. While diluted earnings per share were $3.05 […]
Qatar Airways Cargo has extended its cool chain industry partnerships by joining Cool Chain Association (CCA), a non-profit organisation, effective July 28 2021. Founded in 2003, the association aims to reduce food wastage and improve the quality, efficiency and value of the temperature sensitive supply chain by facilitating and enabling vertical and horizontal collaboration, education […]
The Philippines intends to intensify its maritime patrol activities following the unveiling of the first of two 97-meter multi-role response vessels (MMRVs) at the Shimonoseki shipyard of Mitsubishi Shipbuilding Co. in Japan. The vessels, acquired by the Department of Transportation for the Philippine Coast Guard (PCG), are expected to improve the PCG’s maritime security and […]
More than two years after the large shipyard facility in Subic Bay in the Philippines closed due to financial difficulties, Philippine officials are reporting that they are close to a deal with a new operator. The former shipyard operated by a division of South Korea’s Hanjin Heavy Industries could reopen before the end of the […]
South Africa has declared a second force majeure at its port terminal operations in a month, following a cyberattack that crippled Transnet Port Terminals (TPT) ICT systems and forced the port operator to resort to manual systems. After frantic and unsuccessful efforts to restore its systems, TPT has owned up to experiencing an act of cyberattack, security intrusion […]
After denying media reports that China was banning Indian crewmembers from crew changes due to fears of COVID-19, the Chinese Ministry of Transportation confirmed it was blocking crew changes for at least 30 days from certain crewing agencies and management companies. Chinese officials said the moves were being taken after positive cases of the virus […]
The U.S. Coast Guard has responded yet again to a Florida man who has persisted in his efforts to build and operate a craft that is propelled by running in the manner of a hampster wheel. On July 24, the Flagler County Sheriff’s Department responded to a call about a strange object on the beach […]
Cruise ships are reporting their first cases of COVID-19 in Alaska shortly after the large ships resumed sailing to the state. Officials are saying while they never expected the cruise season to be COVID-free they are pleased that the protocols seem to be working limiting the scope of the outbreak and potential exposure to the […]
A coalition of environmental, human, and labor rights organizations, the NGO Shipbreaking Platform, is highlighting the recent death of two workers scrapping the cruise ship Carnival Inspiration in Turkey as another example of the unsafe working conditions in the industry and the future dangers. While the operations in Turkey are part of the approved list […]
In this episode of The Maritime Executive Magazine podcast, editor-in-chief Tony Munoz spoke with the CEO of Regent Seven Seas Cruises, Jason Montague, about the challenges and opportunities of running the “world’s most luxurious cruise line” in the pandemic era. Regent is restarting its vessel operations, resolving the logistical requirements to bring its crewmembers back to its ships, […]
Marine archaeologists have uncovered the wreck of an ancient Egyptian “fast galley,” a rarely-found vessel class from the Ptolemaic period. This particular wreck is significant for its location at the lost city of Heraklion, once Egypt’s largest and most prosperous seaport. Like many ports, it faced stiff competition for shipowners’ business, and it eventually lost […]
