Italian Coast Guard Finds 54 Deficiencies After Saving Livestock Carrier

China's naval buildup is subsidized by foreign orders, with warships constructed in the same docks with the same trained workforce (file image courtesy CSSC)

China Continued Shipbuilding Dominance in 2025, Raking In Most Orders

Published Feb 4, 2026 5:53 PM by The Maritime Executive

In 2025, China once again dominated the world's shipbuilding orderbooks, according to the latest numbers from Clarksons (compiled by eWorldShip). Out of all orders placed at yards around the world, nearly two-thirds went to Chinese shipbuilders, reflecting the country's powerful market position and the strength of its state backing. Last year, owners worldwide placed orders for about 2,500 ships. Out of these, more than 1,500 - over 60 percent - went to yards in China. Measured in tonnage, China's share...

SBI: India's Refiners Could Make Money By Switching to Venezuelan Oil

Published Feb 4, 2026 5:53 PM by The Maritime Executive

India's refiners might make out well by taking a deal with the United States to buy lots of Venezuelan oil, according to the State Bank of India. Indian refineries became major consumers of gray-market Russian crude oil after the invasion of Ukraine in 2022, drawn by deep discounts and the prospect of profitable crack spreads for overseas sales of the resulting products. (Controversially, a substantial share of the refined-product exports from these refineries ended up for sale in Europe, where...

Massachusetts Looks to Nova Scotia to Supply Offshore Wind Energy

Published Feb 4, 2026 5:40 PM by The Maritime Executive

Faced with the need for more electrical power and a desire to expand renewable energy, Massachusetts is looking toward the import of renewable energy from neighboring Nova Scotia. The first-of-its-kind agreement would present a novel solution to meeting the needs while also addressing the opposition of the Trump administration to the development of offshore wind energy generation. Massachusetts is a strong supporter of the offshore wind energy industry, with some of the first large projects in the United States. It...

Denmark Selects Distributed Construction Strategy for New Arctic Ships

Published Feb 4, 2026 4:48 PM by The Maritime Executive

Danish Defence reports that the study group working on the strategy for the construction of its new Arctic ships selected a distributed construction model, which will be the most cost-effective while creating jobs and speeding development of the ships. They called the agreement a milestone that will also set the framework for further work leading to the acquisition of ships for its navy. Under the agreed plan, several production sites across Denmark will build components and blocks for the new...

Shipping

Italian Coast Guard Finds 54 Deficiencies After Saving Livestock Carrier

The Italian Coast Guard completed its inspection of the livestock carrier Blue Ocean A after overseeing the towing of the disabled ship into the port of Cagliari. While not saying it was a record, they are reporting the vessel racked up an astonishing 54 deficiencies during the inspection, and 30 of them led to a detention. The full report has not been released pending resolution of the issues, but the Guardia Costiera and the Port Authority of Cagliari report that...

Tugs & Salvage

Small Tanker Grounds on Waterfront at Port of Santa Marta

Officials in Santa Marta, Colombia worked hard this week to refloat a small bunker tanker that went aground next to a breakwater near the center of town. At about 2230 hours on Monday night, the small tanker Intergod VII grounded on Playa de Los Cocos, a beach about one mile south of the main commercial seaport. The vessel's master reported the incident to the local port authority and VTS operator, and the Colombian Navy responded to the scene. The vessel...

Government

Denmark Selects Distributed Construction Strategy for New Arctic Ships

Corporate News

Posidonia to Break All Records as Duration of Shipping Gathering Extends

[By: Posidonia 2026] The world’s most prestigious shipping exhibition is now also set to become the longest in duration shipping event, as Posidonia 2026 prepares to engage the global maritime community over a three-week period filled with conferences, networking, social and sporting events. Activities will begin in early-May and culminate during Posidonia Week, which officially takes place from 1–5 June. With 50,000 square metres of exhibition space at the Metropolitan Expo sold out months in advance, thousands of exhibitors and...

Cruise Ships

Disney Adventure Becomes Largest Cruise Ship to Transit Panama Canal

Disney Cruise Line’s ultra-large cruise ship Disney Adventure today, February 2, set a record as the largest cruise ship to transit the Panama Canal as she resumed her repositioning cruise to Asia. She became the largest cruise ship by gross tonnage and capacity, as well as the first 200,000-plus gross ton cruise ship to make the transit. At 208,100 gross tons, the Panama Canal Authority highlights that the Disney Adventure is 24 percent larger (40,000 gross tons) than the Norwegian...

Ports

AI Contributes to Surge in Cargo Theft and Freight Fraud

The International Union of Marine Insurance (IUMI) is raising the alarm over a significant surge in cargo theft and freight fraud across the global supply chains. Criminals, it says, are increasingly deploying digital tools, including artificial intelligence (AI), to perpetrate illegal schemes. The lobby group IUMI, together with the Transported Asset Protection Association (TAPA) EMEA, highlights that cargo theft has evolved to become a sophisticated criminal enterprise that is causing losses running into billions. Critically, the losses indicate that cargo...

Shipping

Italian Coast Guard Finds 54 Deficiencies After Saving Livestock Carrier

Tugs & Salvage

Small Tanker Grounds on Waterfront at Port of Santa Marta

Government

Denmark Selects Distributed Construction Strategy for New Arctic Ships

Corporate News

Posidonia to Break All Records as Duration of Shipping Gathering Extends

Cruise Ships

Disney Adventure Becomes Largest Cruise Ship to Transit Panama Canal

Ports

AI Contributes to Surge in Cargo Theft and Freight Fraud

Offshore

Massachusetts Looks to Nova Scotia to Supply Offshore Wind Energy

Shipbuilding

Photos: Future Carrier USS John F. Kennedy Completes Builder's Trials

The future USS John F. Kennedy, the second Ford-class carrier for the U.S. Navy, has completed builder's sea trials at Huntington Ingalls Newport News. It has been 17 years since the initial contract award for Kennedy, and more than 10 years since her keel-laying. The test run was the ship's first outing, and it is a milestone towards the high-tech carrier's long-awaited completion. Kennedy was affected by the same technological issues facing the first-in-class USS Gerald R. Ford, which faced...

Environment

Northern Lights has Deals With Shipping Lines to Double CO2 Transport Fleet

The Norwegian CO2 storage initiative, which became the first commercial operation for carbon capture and storage, announced a new deal that will double the company’s fleet by 2029. This comes just months after the company completed its first injection of liquid CO2 for permanent storage. Northern Lights, which is a joint venture between Equinor, TotalEnergies, and Shell, reports it has struck a new charter deal with major shipping companies, including existing partner Kawasaki Kisen Kaisha (“K” Line), while adding MISC...

Business

SBI: India's Refiners Could Make Money By Switching to Venezuelan Oil

Maritime Industry Conferences and Events

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Italian Coast Guard Finds 54 Deficiencies After Saving Livestock Carrier

China Continued Shipbuilding Dominance in 2025, Raking In Most Orders

SBI: India's Refiners Could Make Money By Switching to Venezuelan Oil

Massachusetts Looks to Nova Scotia to Supply Offshore Wind Energy

Denmark Selects Distributed Construction Strategy for New Arctic Ships

Italian Coast Guard Finds 54 Deficiencies After Saving Livestock Carrier

Small Tanker Grounds on Waterfront at Port of Santa Marta

Denmark Selects Distributed Construction Strategy for New Arctic Ships

Posidonia to Break All Records as Duration of Shipping Gathering Extends

Disney Adventure Becomes Largest Cruise Ship to Transit Panama Canal

AI Contributes to Surge in Cargo Theft and Freight Fraud

Beyond Sanctions Lists: Navigating Fragmented Enforcement in Maritime Trade

The Modular Pivot: Repurposing Containers as Strategic Infrastructure

Navigating Port Funding Uncertainty: Adaptation Unlocks Opportunities

Italian Coast Guard Finds 54 Deficiencies After Saving Livestock Carrier

Small Tanker Grounds on Waterfront at Port of Santa Marta

Denmark Selects Distributed Construction Strategy for New Arctic Ships

Posidonia to Break All Records as Duration of Shipping Gathering Extends

Disney Adventure Becomes Largest Cruise Ship to Transit Panama Canal

AI Contributes to Surge in Cargo Theft and Freight Fraud

Massachusetts Looks to Nova Scotia to Supply Offshore Wind Energy

Photos: Future Carrier USS John F. Kennedy Completes Builder's Trials

Northern Lights has Deals With Shipping Lines to Double CO2 Transport Fleet

SBI: India's Refiners Could Make Money By Switching to Venezuelan Oil

Maritime Industry Conferences and Events

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