Tuesday, January 20, 2026
Media Kit
Iranian dry bulk carrier

Iranian Cargo Ship Sailing Near USS Abraham Lincoln in Straits of Malacca

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HMM containership

HMM and HD Hyundai's Avikus Sign Landmark Deal for Autonomous Navigation

Published Jan 19, 2026 7:25 PM by The Maritime Executive

In what is being called the largest single supply contract for autonomous navigation solutions, HMM and HD Hyundai’s specialized autonomous navigation subsidiary, Avikus, plan to roll out a second-generation technology on 40 of HMM’s vessels. The companies are calling the deal a milestone in the commercialization of the technology, moving it beyond the demonstration phase. HMM reports it will initially deploy autonomous navigation solutions on 40 of its vessels. It also has entered into an understanding with Avikus and HD...

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Genco bulker

Fight for Control of Genco Moves to Boardroom as Diana Nominates New Slate

Published Jan 19, 2026 6:57 PM by The Maritime Executive

The fight between Diana Shipping and Genco Shipping & Trading is set to move into the boardroom as Diana Shipping announced it will nominate a new slate of six directors for Genco. The move came just days after Genco’s board rejected a non-binding indicative takeover proposal for the company and said it would be better if Genco acquired Diana. The takeover battle was launched after Diana acquired 14.8 percent of the outstanding shares of Genco in open market transactions. After...

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London UK Gateway container terminal

London Gateway Posts Strong Growth and Is Poised to Be UK’s Largest Port

Published Jan 19, 2026 5:52 PM by The Maritime Executive

DP World’s London Gateway Port, located on the Thames, reported strong growth in 2025 as it continues to expand its operations. The Times (London) asserts that the terminal, which has been in operation for a little more than a decade, is on track to claim the top spot in the UK, and become the largest UK container port. Today’s announcement of year-end data highlights that London Gateway port achieved a more than 52 percent growth in its container throughput in...

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Phillip Brady

Pilot Dies in Fall From Pilot Ladder in Panama City, Florida

Published Jan 19, 2026 5:42 PM by The Maritime Executive

A Florida pilot passed away earlier this month after a pilot ladder accident in Panama City, Florida, the latest in a long and tragic line of lives lost due to slips and falls in the boarding process. The St. Andrew’s Bay Pilots have confirmed that Capt. Phillip Brady, 46, suffered a fatal fall while disembarking a bulker. On January 12, Capt. Brady fell from a pilot ladder while transferring off the 60,000 dwt bulk carrier Lowlands Luck, and he fell...

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Offshore

offshore wind farm

Vattenfall Finalizes Investment for Germany’s Largest Offshore Wind Project

Offshore wind energy developer Vattenfall confirmed that it is moving forward with the Nordlicht offshore wind cluster. With construction due to start later this year, the two-phase project will become the largest wind project for Germany and a key contributor as the country struggles to accelerate development in the offshore wind energy sector. The permit issued by the Federal Maritime and Hydrographic Agency (BSH) has become irrevocable, making the final step to move forward with the project. Vattenfall had announced...

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Shipbuilding

A new P-17A class frigate, Mahendragiri, at launch at Mazagon Dock (Gov't of India)

Report: India Wants to Ramp Up its Warship Exports

India is reportedly working to expand warship exports as part of the ongoing push to revamp its shipbuilding industry. The Ministry of Defense (MOD) has already issued directives to the state-owned shipyards, instructing the facilities to build their capacities for export orders. According to a report by the defense news site Indian Defense Research Wing, the MOD’s directive covers expansion of docking and manufacturing infrastructure in the shipyards. In addition, the shipyards are expected to customize their blueprints for naval...

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Environment

wing sail on MR tanker

HMM and HD KSOE Start Demonstration and Testing of Wing Sail on Tanker

South Korea’s HD Korea Shipbuilding & Offshore Engineering and HMM are starting a demonstration and test period for Korea’s first domestically developed wing sail for wind-assisted propulsion. The shipbuilder has been developing its version of the technology as part of its efforts to advance value-added, green ship designs and technology. The wing sail was recently installed on the product tanker Oriental Aquamarine (50,000 dwt). The vessel was built in 2020 and has been owned by HMM since 2023. Registered in...

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Business

Genco bulker

Fight for Control of Genco Moves to Boardroom as Diana Nominates New Slate

The fight between Diana Shipping and Genco Shipping & Trading is set to move into the boardroom as Diana Shipping announced it will nominate a new slate of six directors for Genco. The move came just days after Genco’s board rejected a non-binding indicative takeover proposal for the company and said it would be better if Genco acquired Diana. The takeover battle was launched after Diana acquired 14.8 percent of the outstanding shares of Genco in open market transactions. After...

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