Wednesday, December 31, 2025
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Courtesy Schulte Marine Concept

Bankrupt Chinese Yard Relaunches Under New Ownership

Published Dec 31, 2025 2:04 PM by The Maritime Executive

China's shipbuilding industry has been expanding capacity as it takes on more and more global market share, and investors and conglomerates have been getting in on the opportunity by reactivating old yards that went bankrupt after the last downturn. Buyers get ready-made drydocks, gantry cranes and fabrication plants for a fraction of the time and cost of building a greenfield yard. The latest instance is the restart of the Nanjing Dongze Shipyard on the Yangtze, which began with a judicial...

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Royal Thai Navy

Thai Navy Seizes Vessel Accused of Smuggling Fuel to Cambodia

Published Dec 31, 2025 12:40 PM by The Maritime Executive

The Royal Thai Navy reported the details of a seizure of a small vessel that it said was operating without a visible identity and which was suspected of smuggling fuel to Cambodia. The seizure, which comes after the latest attempt at a ceasefire in the ongoing border dispute, is reported to be part of a repeated crackdown on efforts to support the military factors to Cambodia. During a patrol in the Gulf of Thailand, the HTMS Prachuap Khiri Khan, came...

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Finnish Coast Guard detaining cargo ship

Finland Detains General Cargo Ship Suspected of Damaging Subsea Cables

Published Dec 31, 2025 11:30 AM by The Maritime Executive

Finnish authorities moved quickly to find and detain a vessel suspected of damaging subsea telecommunications cables running between Estonia and Finland. A suspected vessel has been detained while the investigation is ongoing, but officials are cautioning that the damage could have been accidental. Finnish telecom company Elisa reported a fault on one of its cables that was discovered around 0500 on December 31. Since then, the Swedish telecom company Arelion has also reported an interruption on another cable running between...

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Viking Ship Museum / press handout

Danish Archaeologists Uncover Largest Medieval Sailing Cog Ever Found

Published Dec 30, 2025 9:52 PM by The Maritime Executive

A team of archaeologists in Denmark have discovered the largest medieval European cargo ship ever found, according to the Viking Ship Museum. The team found the wreck on the bottom of the Oresund while conducting site investigations for the construction of Lynetteholm, the controversial manmade island being built just off central Copenhagen. The new 270-acre land feature is both a harbor protection feature to defend against storm surge and a new urban development district. During examination of the seabed between...

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Offshore

wind turbine installation

Judge Delays Dominion’s Offshore Wind Suit Awaiting U.S. Data

The first showdown over the U.S. Department of the Interior’s efforts to stop the construction of five offshore wind farms is being delayed as a U.S. District Court in Virginia waits for data from the government. Dominion Energy’s efforts to gain a temporary restraining order to permit it to restart work were delayed, with the next hearing set for January 16. Dominion Energy and its Coastal Virginia Offshore Wind project is one of five that were ordered to stop offshore...

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Shipbuilding

Courtesy Schulte Marine Concept

Bankrupt Chinese Yard Relaunches Under New Ownership

China's shipbuilding industry has been expanding capacity as it takes on more and more global market share, and investors and conglomerates have been getting in on the opportunity by reactivating old yards that went bankrupt after the last downturn. Buyers get ready-made drydocks, gantry cranes and fabrication plants for a fraction of the time and cost of building a greenfield yard. The latest instance is the restart of the Nanjing Dongze Shipyard on the Yangtze, which began with a judicial...

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Environment

large gas carrier designed for ammonia shipping

JERA Advances Plans to Ship Ammonia Produced in Louisiana to Japan

Japan’s largest power generation and energy company, JERA, is advancing its plans to ship low-carbon ammonia from a production facility in Louisiana to Japan to fuel a power generation plant. The project, working with shipping companies NYK and Mitsui O.S.K., is expected to become the first commercial-scale effort to import ammonia fuel to Japan. The companies announced that they have signed contracts which will lead to the development of very large gas carriers designed specifically for ammonia transport. Mitsui O.S....

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Business

commissioning Japanese submarine

Japan Suspends Kawasaki Heavy Industries for Submarine Engine Data Fraud

The Japanese Ministry of Defense announced a series of steps it is taking after investigations confirmed that Kawasaki Heavy Industries had supplied fraudulent test data on its engines and provided inappropriate gifts to a number of naval personnel over the past 40 years. Kawasaki Heavy Industries had first announced in 2024 that it was investigating after information surfaced showing a long-term pattern of falsifying test data to ensure engines were delivered on time under their contracts. Kawasaki Heavy Industries is...

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