Ukraine Completes Sale of Russian Tanker Seized in 2019

Norway to Tighten Restrictions on Russians Navigating in Local Waters

Published Jul 11, 2025 3:10 PM by The Maritime Executive

The Norwegian government is the latest to report it will tighten the restrictions on Russian navigators sailing in its waters in response to the perceived dangers to navigation and espionage. The step comes as the EU and many Scandinavian and Baltic countries have moved to impose more restrictions on vessels specifically targeting shadow fleet tankers after the undersea cable incidents and risks of pollution. Norway reports it has implemented several measures to strengthen maritime security in light of...

GE Vernova to Pay Nantucket $10.5M for Offshore Wind Turbine Blade Failure

Published Jul 11, 2025 1:51 PM by The Maritime Executive

Nantucket’s city government has reached a $10.5 million definitive settlement agreement with GE Vernova, the manufacturer of the offshore wind turbine blade that failed in 2024 and littered the coastline with debris. The Town of Nantucket commended GE Vernova for its leadership in reaching the agreement, while it was noted by observers that the developer of the Vineyard Wind farm is not a direct party to the settlement. A portion of the settlement money will be placed in...

MSC Refutes India’s Compensation Claim and Declines to Post Bond

Published Jul 11, 2025 12:58 PM by The Maritime Executive

The Kerala High Court in India held its first hearing related to India’s nearly $1.1 billion compensation claim related to the sinking of the MSC Elsa 3 off the coast of India in late May. MSC’s lawyers called the claims “highly exaggerated,” while lawyers for the state government said the extent of the damages is “incalculable and continuing.” MSC is arguing that the state provided no evidence to support its claims, while it reiterated that there has been...

Designated Marine Highway routes around the U.S. and outlying territories (MARAD)

DOT Expands Marine Highway Program, Adding 850 Miles of Waterways

Published Jul 10, 2025 10:50 PM by The Maritime Executive

The U.S. Maritime Administration has added nearly 850 miles of inland waterways to the Marine Highway Program, expanding federal grant eligibility for shipping development projects to new routes. “Coming from the Midwest, I’ve seen firsthand how maritime dominance isn’t just about our oceans. Our nation's many rivers and inland ports are crucial resources to moving great American products to markets across the country and around the world," said U.S. Transportation Secretary Sean P. Duffy. “Expanding the Marine Highway Program...

Shipping

MSC Refutes India’s Compensation Claim and Declines to Post Bond

Tugs & Salvage

Disabled Eimskip Vessel to be Towed to Port by Iceland’s Coast Guard

Icelandic shipping company Eimskip confirmed that one of its newest and largest containerships, Dettifoss (25,690 dwt), is currently disabled and drifting in the Atlantic. The Iceland Coast Guard vessel Freyja has been dispatched and is expected to reach the ship overnight on July 11 to begin the tow back to Reykjavik. Eimskip reports the vessel experienced a main engine failure on July 9 while it was approximately 390 miles southwest of Iceland bound for Nuuk, Greenland. The company said...

Government

Report: Israel Asks U.S. to Resume Attacks on Houthis After Ship Losses

Reports in the Israeli media are saying that the Israeli government has approached the United States, calling for a resumption of the attacks on the Houthis, saying that a wider coalition is necessary. The call comes as the Houthis have continued to launch missiles at Israel and this week sank two merchant ships killing multiple seafarers. The Trump administration stopped its attacks in May after less than two months in a brokered agreement established by the...

Corporate News

Crowley Adds Newest LNG Ship to Fleet Expanding Caribbean & Central America

[By: Crowley] Crowley’s newest, LNG-powered containership Tiscapa began its inaugural service today, adding faster, bigger options for timely ocean cargo transport around the U.S., Caribbean and Central America. Like its sister ships in the Avance Class, Tiscapa features container capacity for 1,400 TEUs (20-foot equivalent units), including 300 refrigerated units. This ship was specifically designed to quickly and frequently deliver cargo while using lower emission liquefied natural gas (LNG) for fuel. “The addition of Tiscapa to our fleet marks another milestone in Crowley’s commitment to...

Cruise Ships

Royal Caribbean Takes Delivery of Next Giant as MSC Confirms Orders

The mass market segment of the cruise industry continues to push forward with its efforts to build a new generation of ultra-large cruise ships designed to compete with theme parks and land-based resorts. Royal Caribbean International marked a milestone with the delivery of the second, world’s largest cruise ship, while MSC Cruises completed the previously announced order for two more giant ships. Meyer Turku in Finland completed the handover of Star of the Seas on July 10 to...

Ports

Vancouver Pushes Forward with Controversial Roberts Bank Terminal 2 Project

The Vancouver Fraser Port Authority is taking the next key step in its plans to add a major new container terminal to expand Vancouver’s capacity and efficiency. They announced that the search has begun for a contractor for the mega terminal with the goal of selecting a firm with the financial and technical expertise to undertake the massive project by the end of this year. While the controversial Roberts Bank Terminal 2 (RBT2) project continues to face obstacles,...

Shipping

MSC Refutes India’s Compensation Claim and Declines to Post Bond

Tugs & Salvage

Disabled Eimskip Vessel to be Towed to Port by Iceland’s Coast Guard

Government

Report: Israel Asks U.S. to Resume Attacks on Houthis After Ship Losses

Corporate News

Crowley Adds Newest LNG Ship to Fleet Expanding Caribbean & Central America

Cruise Ships

Royal Caribbean Takes Delivery of Next Giant as MSC Confirms Orders

Ports

Vancouver Pushes Forward with Controversial Roberts Bank Terminal 2 Project

Offshore

GE Vernova to Pay Nantucket $10.5M for Offshore Wind Turbine Blade Failure

Shipbuilding

Independence-variant Littoral Combat Ship LCS

Austal USA Delivers Last Independence-Variant LCS to USN

Austal USA reports the U.S. Navy officially took delivery today, July 11, of the future USS Pierre, the final ship of the Independence program. LCS 38 is the 19th Independence-variant Littoral Combat Ship (LCS) delivered by the company in a program that dates back to the early 2000s. Delivery documents were signed on board following the successful completion of acceptance trials held the week of June 9, 2025. The trials tested the ship’s major systems and equipment to demonstrate...

Environment

HGK Launches First Inland Cargo Vessel Capable of Sailing With Solar Power

A newly built inland dry goods vessel, Blue Marlin, was named last week in Hamburg, Germany, and became the world’s first hybrid solar-power inland shipping vessel, as well as receiving a designation for remote-controlled operations. The solar system aboard the ship advances on prior low-voltage systems that are supplying power for onboard systems and provides the first capability to contribute solar power to propulsion. The vessel has several unique capabilities, starting with its 192 solar panels, which are...

Business

Former STX Shipyard For Sale as Investors Seek to Cash Out After Turnaround

Once one of the leading shipbuilders in South Korea, the former STX Yard, which was relaunched as K Shipbuilding, is celebrating a remarkable turnaround. According to a report in The Korean Economic Daily, after having posted its first profit in 14 years, the investment group with revived the shipbuilder is now looking to cash out. KHI Investment and United Asset Management Company (UAMCO), South Korea's biggest bad debt investor, took control of the troubled shipbuilder in 2021, paying more...

Maritime Industry Conferences and Events

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Ukraine Completes Sale of Russian Tanker Seized in 2019

Norway to Tighten Restrictions on Russians Navigating in Local Waters

GE Vernova to Pay Nantucket $10.5M for Offshore Wind Turbine Blade Failure

MSC Refutes India’s Compensation Claim and Declines to Post Bond

DOT Expands Marine Highway Program, Adding 850 Miles of Waterways

MSC Refutes India’s Compensation Claim and Declines to Post Bond

Disabled Eimskip Vessel to be Towed to Port by Iceland’s Coast Guard

Report: Israel Asks U.S. to Resume Attacks on Houthis After Ship Losses

Crowley Adds Newest LNG Ship to Fleet Expanding Caribbean & Central America

Royal Caribbean Takes Delivery of Next Giant as MSC Confirms Orders

Vancouver Pushes Forward with Controversial Roberts Bank Terminal 2 Project

Transforming Post-Fixture Operations for Shipbrokers

Harnessing Data to Shape a Fleetwide Decarbonization Path

Maersk Selects Wärtsilä Intellisafe® Bearing and Monitoring System

MSC Refutes India’s Compensation Claim and Declines to Post Bond

Disabled Eimskip Vessel to be Towed to Port by Iceland’s Coast Guard

Report: Israel Asks U.S. to Resume Attacks on Houthis After Ship Losses

Crowley Adds Newest LNG Ship to Fleet Expanding Caribbean & Central America

Royal Caribbean Takes Delivery of Next Giant as MSC Confirms Orders

Vancouver Pushes Forward with Controversial Roberts Bank Terminal 2 Project

GE Vernova to Pay Nantucket $10.5M for Offshore Wind Turbine Blade Failure

Austal USA Delivers Last Independence-Variant LCS to USN

HGK Launches First Inland Cargo Vessel Capable of Sailing With Solar Power

Former STX Shipyard For Sale as Investors Seek to Cash Out After Turnaround

Maritime Industry Conferences and Events

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Maritime Industry Conferences and Events