Ukraine Now Has a Drone Boat That Launches Bomber Drones

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...

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...

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...

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...

Shipping

U.S. Launches Eighth Round of Sanctions Targeting Iran's Oil and Tankers

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) launched its next round of sanctions targeting Iran through six entities involved in an extensive smuggling network, as well as four tankers that the U.S. contends collectively have transported and purchased billions of dollars’ worth of Iranian oil. It marks the eighth round of sanctions targeting Iran’s oil trade since Donald Trump issued an executive order directing a campaign of maximum pressure on Iran. The U.S.,...

Tugs & Salvage

Indonesia Searches for Missing and Dead After Interisland Ferry Sinks

Indonesian maritime services and the police are leading a search operation after an interisland ferry sank as it was approaching the resort island of Bali around midnight on Thursday, July 3. Air and sea teams were deployed, but the efforts were being hampered by darkness, high seas, and expected strong currents and winds. Exact numbers have not been confirmed in the still evolving situation, but in a briefing late on Thursday, the authorities confirmed that six bodies have been...

Government

Three Australians Arrested for Importing Ornate Tiles Coated in Meth

Australian authorities have arrested three men for allegedly attempting to import more than 300 kilos of crystal meth, dissolved and coated onto a consignment of ceramic tiles. Meth smugglers have used every imaginable inventive tactic to move their goods across borders, like dissolved "liquid meth" in gas tanks or liquor bottles, hollow compartments inside marble slabs, or loose pills poured into compartments within industrial machinery. This new tactic - dissolving meth, then soaking objects in it and letting the...

Corporate News

Fincantieri Marine Group Appoints George Moutafis as Chief Executive Office

[By Fincantieri Marine Group] Fincantieri Marine Group (FMG), the U.S. subsidiary of Fincantieri – one of the world’s largest shipbuilding groups and a global leader in the construction of highly complex vessels – announces the appointment of George A. Moutafis as Chief Executive Officer, effective July 1, 2025. The leadership transition of the US company of the Group led by Chief Executive Officer and General Manager Pierroberto Folgiero comes at a pivotal moment for the U.S....

Cruise Ships

Cannes Moves to Limit Cruise Ships Following Similar Efforts in Nice

The efforts to control the mega-cruise ships along the French Riviera continue with the city of Cannes announcing it would implement new restrictions at the end of the year. It follows a similar effort by Nice and Villefranche, which was aimed at forcing large ships to move to Cannes or possibly Marseilles, and the broader trend of major destinations to stop overtourism. "Cannes has become a major cruise ship destination, with real economic benefits,” wrote the long-time mayor...

Ports

Dockworkers Killed and Crew Injured as Russian Missile Strikes Odesa Port

Ukrainian officials are speaking out calling today’s, July 3, missile strike in the Odesa port region a deliberate attack on civilian infrastructure and part of a Russian campaign against Ukraine’s economy and agriculture. Two dockworkers were killed and six others, including two Syrian crewmembers from a cargo ship in the port were injured. An Iskander missile hit the port area on Thursday afternoon local time. According to the report, an unidentified cargo ship registered in São Tomé and...

Shipping

U.S. Launches Eighth Round of Sanctions Targeting Iran's Oil and Tankers

Tugs & Salvage

Indonesia Searches for Missing and Dead After Interisland Ferry Sinks

Government

Three Australians Arrested for Importing Ornate Tiles Coated in Meth

Corporate News

Fincantieri Marine Group Appoints George Moutafis as Chief Executive Office

Cruise Ships

Cannes Moves to Limit Cruise Ships Following Similar Efforts in Nice

Ports

Dockworkers Killed and Crew Injured as Russian Missile Strikes Odesa Port

Offshore

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....

Shipbuilding

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...

Environment

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...

Business

Tsuneishi Buys Mitsui E&S Shipbuilding to Consolidate Japanese Shipbuilding

Maritime Industry Conferences and Events

Select any month to view events: July August September October November December January February March April May June

Ukraine Now Has a Drone Boat That Launches Bomber Drones

Tsuneishi Buys Mitsui E&S Shipbuilding to Consolidate Japanese Shipbuilding

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

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

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

U.S. Launches Eighth Round of Sanctions Targeting Iran's Oil and Tankers

Indonesia Searches for Missing and Dead After Interisland Ferry Sinks

Three Australians Arrested for Importing Ornate Tiles Coated in Meth

Fincantieri Marine Group Appoints George Moutafis as Chief Executive Office

Cannes Moves to Limit Cruise Ships Following Similar Efforts in Nice

Dockworkers Killed and Crew Injured as Russian Missile Strikes Odesa Port

Harnessing Data to Shape a Fleetwide Decarbonization Path

Maersk Selects Wärtsilä Intellisafe® Bearing and Monitoring System

Drew Marine Sets the Standard in Safeguarding Voyages

U.S. Launches Eighth Round of Sanctions Targeting Iran's Oil and Tankers

Indonesia Searches for Missing and Dead After Interisland Ferry Sinks

Three Australians Arrested for Importing Ornate Tiles Coated in Meth

Fincantieri Marine Group Appoints George Moutafis as Chief Executive Office

Cannes Moves to Limit Cruise Ships Following Similar Efforts in Nice

Dockworkers Killed and Crew Injured as Russian Missile Strikes Odesa Port

Offshore Power Agreements Delayed Citing Uncertainties in US Policy

MSC Invests in Grand Bahama Shipyard with Carnival and Royal Caribbean

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

Tsuneishi Buys Mitsui E&S Shipbuilding to Consolidate Japanese Shipbuilding

Maritime Industry Conferences and Events

Join the conversation.

Maritime Industry Conferences and Events