Friday, July 04, 2025
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Japanese shipyard

Tsuneishi Buys Mitsui E&S Shipbuilding to Consolidate Japanese Shipbuilding

Published Jul 3, 2025 6:23 PM by The Maritime Executive

In a further move to consolidate the Japanese shipbuilding and repair businesses, Tsuneishi Shipbuilding reports it acquired its former joint venture with Mitsui E&S Shipbuilding. It is part of a broader reorganization and rebranding of all Tsuneishi’s operations as the Japanese shipbuilding sector works to respond to competition and a changing market. Mitsui E&S Shipbuilding, which traces its origins back 110 years to 1917, had been one of Japan’s leading shipbuilders. The company’s focus had shifted to commercial...

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Districts

U.S. Coast Guard Ends Use of WWII-Era Numbered Districts

Published Jul 3, 2025 5:58 PM by The Maritime Executive

  The U.S. Coast Guard announced Thursday that it will replace all the hard-to-remember numerical designations of its operational districts with geographic names, abandoning a World War II-era system held over from the service's stint as part of the Navy.  The renaming, ordered by Homeland Security Secretary Kristi Noem in May, is a shift for the maritime service and a small part of its restructuring program under Force Design 2028. It appears to change little on the ground, but makes...

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Singapore

Singapore Prosecutes Master and Crew of Chemical Tanker for Death of Sailor

Published Jul 3, 2025 4:37 PM by The Maritime Executive

The Public Prosecutor in Singapore is proceeding with a case against the master, chief officer, and the pump master of a Vietnamese chemical tanker after a crewmember died after entering a tank that had not been properly vented and inspected. The Straits Times newspaper reports that the pump master pleaded guilty on July 2 to one count of acts endangering the life of his fellow crewmember. The charges stem from an incident aboard the chemical tanker GT Win...

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A carrier in drydock at HII Newport News Shipyard (USN file image)

One Big Beautiful Bill Contains $5 Billion for U.S. Shipbuilding

Published Jul 3, 2025 4:27 PM by The Maritime Executive

  On Thursday, just ahead of the White House's July 4 deadline request, the U.S. House of Representatives passed the One Big Beautiful Bill Act, a massive budget reconciliation package carefully tailored to bypass a Senate filibuster. The bill's provisions have been pored over at length by analysts and partisans, and will continue to be scrutinized for years to come - but overlooked in the popular debate, the bill also contains $5 billion for naval shipbuilding initiatives.  The funding is...

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Offshore

offshore wind farm

Offshore Power Agreements Delayed Citing Uncertainties in US Policy

For the fourth time in a year, power purchase agreements that were due to be signed for offshore wind farms to serve Massachusetts and Rhode Island have been postponed. While the states remain anxious to pursue clean energy, the developers cite the continuing uncertainties in U.S. policy and, for the first time, raised the possibility of canceling agreements in their most recent filing. Massachusetts selected nearly 2.7 GW of offshore power in the 2024 solicitation across three projects....

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Shipbuilding

Brand Bahama Shipyard

MSC Invests in Grand Bahama Shipyard with Carnival and Royal Caribbean

  MSC Cruises is set to become a third investor in the Grand Bahama Shipyard as the yard prepares to relaunch full services in 2026 with two new dry docks, which will be among the largest in the Western Hemisphere. It comes as the shipping giant has also expressed interest in a European shipbuilder and looks to continue to grow its cruise operations. Terms of the investment were not announced, but the Minister for Grand Bahama, Ginger Moxey, announced the...

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Environment

hydrogen fueled vessel

Norway Provides $76M in Grants to Advance Hydrogen and Ammonia Ships

Norway continues to support the advancement of a broad range of new technologies that it points out will both contribute to maritime decarbonization while also creating new industries and jobs for Norway. The Enova program announced its fourth round of grants, providing a total of approximately $76 million for projects advancing hydrogen and ammonia as fuels for ships, as well as the establishment of facilities for storing ammonia. Enova SF is owned by Norway’s Ministry of Climate and...

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Business

Japanese shipyard

Tsuneishi Buys Mitsui E&S Shipbuilding to Consolidate Japanese Shipbuilding

In a further move to consolidate the Japanese shipbuilding and repair businesses, Tsuneishi Shipbuilding reports it acquired its former joint venture with Mitsui E&S Shipbuilding. It is part of a broader reorganization and rebranding of all Tsuneishi’s operations as the Japanese shipbuilding sector works to respond to competition and a changing market. Mitsui E&S Shipbuilding, which traces its origins back 110 years to 1917, had been one of Japan’s leading shipbuilders. The company’s focus had shifted to commercial...

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