Thursday, December 04, 2025
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Zim containership

Report: Container Majors Are All Interested in Buying Zim

Published Dec 4, 2025 2:50 PM by The Maritime Executive

  Just days after the board of directors of the Israeli shipping company Zim confirmed they were considering alternatives for the future of the company, a report surfaced saying the industry majors are all expressing interest in the company. A sale of Zim, which is publicly traded on the New York Stock Exchange, however, would be complicated by the strategic importance of the company to Israel and restrictions placed by the government. The Israeli news outlet Globes reported today, December...

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Italy ro-pax ferry Mobi Aki

MSC Buys Moby Ferries Auctioned to Pay Debt to Aponte Group

Published Dec 4, 2025 1:30 PM by The Maritime Executive

  The online auction for five ferries owned by Italy’s Moby Lines was completed with an odd turn of events. The five ships were being sold to repay a debt owed to the Aponte’s who own MSC Mediterranean Shipping, and the buyer of the ro-pax ferries was MSC. The sale was part of a settlement reached between the companies to avoid antitrust issues, with the proceeds being used to repay a loan made by MSC to Moby to save the...

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cargo ship fire

Cargo Ship Engine Room Fire Hospitalizes Three Crew in Manila

Published Dec 4, 2025 11:50 AM by The Maritime Executive

  [Brief]  A smoky engine room fire aboard a small cargo ship docked in Manila injured three crewmembers. After a large response from the local fire departments, the blaze was quickly controlled. The Philippine Ports Authority and the local fire departments reported the fire began around 1850 local time, with the first alarm shortly after 1900, and a second alarm sounded around 20 minutes later. Smoke was billowing from the general cargo ship Meridian Dos (4,222 dwt). The ship, which...

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Galveston shipyard

Davie Defense Expands in U.S. Market with Acquisition of Gulf Copper

Published Dec 3, 2025 9:32 PM by The Maritime Executive

  The newly minted Davie Defense, a division of Inocea Group and aligned with Canadian shipbuilder Davie, completed its acquisition of Gulf Copper & Manufacturing Corporation's shipbuilding assets in Galveston and Port Arthur, Texas. The deal was first announced in June, with the launch of Davie Defense announced in September, as the group looks to leverage its expertise to gain a foothold in U.S. defense shipbuilding and specifically the Polar Icebreaker programs. Gulf Cooper has been operating for...

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Offshore

staging for wind farm

Trump Administration Targets Another Offshore Wind Farm Project

Using a now familiar technique, the U.S. Department of Justice on Tuesday, December 2, made a filing in U.S. District Court targeting yet another offshore wind farm project. Speaking on behalf of the Bureau of Ocean Energy Management, the Department of Justice confirmed that the Bureau is reviewing the approval for the New England Wind project, which is to be developed by Iberdrola’s subsidiary Avangrid. The filing asks the court for a voluntary remand of a case filed...

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Shipbuilding

South Korean shipyard Samsung

Samsung Sets Agreements with NASSCO and Conrad to Enter U.S. Shipbuilding

  South Korea’s Samsung Heavy Industries announced two key partnerships with leading U.S. shipbuilders, as it follows competitors HD Hyundai and Hanwha Ocean into the U.S. shipbuilding market. The South Koreans look to the emerging opportunities in the U.S. under the anticipated efforts to revitalize the segment and the Make American Shipbuilding Great Again program. Samsung Heavy Industries is one of South Korea’s largest shipbuilders, known for its work in developing the liquified natural gas carrier segment, ranging from LNG...

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Environment

containership emitting smoke

Study Finds Major Drop in Ship Sulfur Emissions Following IMO Regulations

  An academic team led by researchers at the UK’s National Centre for Atmospheric Science completed a first in-depth study looking at sulfur emissions at sea and found “fairly good compliance” with the IMO regulations introduced in 2020. The group looked at compliance both in the European Sulfur Emission Control Areas (SECAs) and ships in the open ocean. The team found that the average sulfur content in ship fuel dropped nearly tenfold in open ocean areas following the International Maritime...

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Business

Zim containership

Report: Container Majors Are All Interested in Buying Zim

  Just days after the board of directors of the Israeli shipping company Zim confirmed they were considering alternatives for the future of the company, a report surfaced saying the industry majors are all expressing interest in the company. A sale of Zim, which is publicly traded on the New York Stock Exchange, however, would be complicated by the strategic importance of the company to Israel and restrictions placed by the government. The Israeli news outlet Globes reported today, December...

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