Thursday, February 12, 2026
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Liberty

Blue Water Uses a Damen Design to Speed Up Unmanned-Vessel Program

Published Feb 11, 2026 6:55 PM by The Maritime Executive

The American autonomous-vessel company Blue Water Autonomy has released the first renderings of its new contender for the U.S. Navy's oceangoing unmanned surface vessel procurement program, which was recently restructured and renamed "Modular Attack Surface Craft" (MASC). The new "Liberty-class" design - a nod to the mass-produced Liberty ships of World War II - is a 190-foot steel-hulled autonomous vessel, capable of carrying four 40-foot containerized systems for flexible loadout. The hull is based on a Damen Axe Bow patrol...

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wreck salvaged

UK Report on Fatal 2023 Collision Finds Vessels Did Not Follow Safety Regs

Published Feb 11, 2026 6:43 PM by The Maritime Executive

The UK’s Marine Accident Investigation Branch issued its final report on the October 2023 collision of two cargo ships in the German area of the North Sea, calling the accident “wholly avoidable.” It was critical of the actions of both crews, calling their attitudes “reckless,” and also criticizing the efforts of the German Bight vessel traffic service. The UK conducted the investigation because the five seafarers who perished were working aboard the Isle of Man-registered general cargo ship Verity, a...

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Congress

As DHS Bill Showdown Looms, U.S. Coast Guard Could See Funding Delayed

Published Feb 11, 2026 5:34 PM by The Maritime Executive

The looming expiration of federal funding for the Department of Homeland Security could potentially slow down some of the U.S. Coast Guard's historic progress on procurement, but is unlikely to impact day-to-day operations and servicemember pay, according to observers of the appropriations process. Democrats in Congress are not inclined to support funding for DHS as a whole without major changes at the top, given the recent immigration-enforcement mishaps in Minneapolis. Members of the opposition have called for stricter requirements for...

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dredger

Saltchuk Agrees to Buy Great Lakes Dredge & Dock in $1.5B Deal

Published Feb 11, 2026 5:23 PM by The Maritime Executive

Saltchuk Resources, which continues to build a diversified holding in marine services, freight transport, and energy distribution, has agreed to buy Great Lakes Dredge and Dock Corporation, the largest provider of dredging services in the United States. The deal, which has a total value of $1.5 billion, is an all-cash offer for the public company, which will become a standalone business within the private, family-owned Saltchuk group. A 136-year-old business, Great Lakes Dredge & Dock reports it has a fleet...

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MORE STORIES BY CATEGORY

Offshore

Transocean Barents

Transocean Buys Valaris for $6 Billion, Creating New Industry Leader

Offshore drilling company Transocean has struck a deal to acquire competitor Valaris for $6 billion in stock, giving Transocean shareholders a 53 percent stake in the combined company. The transaction creates the largest drilling company in the world, valued at $17 billion. It will operate 33 ultradeepwater drillships, nine semisubs and 31 jackups - 73 rigs in total - across global markets. Transocean CEO and President Keelan Adamson suggested that the combination makes for "a very attractive investment" in offshore...

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Shipbuilding

low-emission RoRo launched in China

Innovative Low-Emission RoRo Launched in China for Airbus and LDA

The first of three innovative cargo RoRos was recently launched in China for LD Armateurs, which will operate the ships for Airbus. The vessels are designed to incorporate the latest technologies, including AI and wind-assisted propulsion, to reduce emissions. LDA ordered the ships in January 2024, highlighting them as the next generation in low-emission shipping. LDA currently operates two ships on a transatlantic route carrying assemblies from the Airbus plant in France to the United States. The largest of the...

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Environment

Ship

Navigating the Deadlock: Accelleron’s Daniel Bischofberger on Green Fuels

Accelleron, a leading provider of turbocharging, fuel injection, and digital solutions for marine engines and ships, recently released a study on the multifaceted, multi-industry challenges slowing shipping's transition to carbon-neutral fuels. TME recently spoke with CEO Daniel Bischofberger about the current state of marine decarbonization, regional developments in Asia-Pacific, and the path forward for the industry. Can you describe the current state of shipping's transition to carbon-neutral fuels? The ships are ready, but the fuel is not. The technology exists...

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Business

dredger

Saltchuk Agrees to Buy Great Lakes Dredge & Dock in $1.5B Deal

Saltchuk Resources, which continues to build a diversified holding in marine services, freight transport, and energy distribution, has agreed to buy Great Lakes Dredge and Dock Corporation, the largest provider of dredging services in the United States. The deal, which has a total value of $1.5 billion, is an all-cash offer for the public company, which will become a standalone business within the private, family-owned Saltchuk group. A 136-year-old business, Great Lakes Dredge & Dock reports it has a fleet...

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