Friday, November 07, 2025
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DFDS ferry at sea

Shake-Up at DFDS as Ferry Operator Looks to Accelerate Financial Turnaround

Published Nov 6, 2025 5:49 PM by The Maritime Executive

DFDS, one of Europe’s largest ferry operators, announced a series of shake-ups after posting disappointing financial results for the third quarter. The company had said that 2025 would be a transitional year as it laid the foundations for improving financial performance, and now it is adding layoffs, cost-cutting, and a search for a new chief executive officer. While saying that it was making progress on most of the priorities laid out in its plan, DFDS reported a 32...

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dredger

NTSB Releases Report on Fatal Fire in 2024 aboard U.S.-Flagged Dredger

Published Nov 6, 2025 5:36 PM by The Maritime Executive

  The fatal engine room fire aboard the dredger Stuyvesant in November 2024 that killed the vessel’s first engineer is the subject of a new report from the National Transportation Safety Board (NTSB). It finds that the lack of adequate checks after a routine maintenance procedure failed to detect a missing cap that contributed to the lube oil leak that started the fire. The U.S.-flagged dredging vessel Stuyvesant was performing dredging tasks on the St. Johns River near...

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Hamilton cocaine

US Coast Guard Reports Best Year Ever for Cocaine Interdiction

Published Nov 6, 2025 5:17 PM by The Maritime Executive

  The U.S. Coast Guard has achieved a new record for cocaine seizures in a fiscal year, capturing more than 225 tonnes in the U.S. Southern Command area of operations between October 2024 and October 2025. The achievement is a testament to heightened patrol operations in the region, as well as the continued boom in cocaine production in Columbia and other countries of origin. Colombia alone manufactured an estimated 1,800 tonnes of cocaine in 2022, and output has been on...

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The overloaded trawler Adriana en route to Italy (Hellenic Coast Guard)

Chief of Hellenic Coast Guard Faces Charges for Migrant Boat Sinking

Published Nov 6, 2025 4:23 PM by The Maritime Executive

  Four senior officers of the Hellenic Coast Guard have been charged in connection with the 2023 Pylos shipwreck, which killed at least 82 and as many as 650 people. Survivors allege that the actions of coast guard first responders contributed to the casualty, and that the service has attempted to conceal any wrongdoing in the hours before the sinking.  On June 10, 2023, the trawler Adriana got under way from Libya, bound for Italy with about 400-750 maritime migrants...

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Offshore

Hornsea wind farm

Orsted Still Sees a Strong Future for Offshore Wind in Europe

  Western offshore wind leader Orsted sees signs of hope in the European market, despite near-term headwinds in the global market, executives said in a third-quarter earnings call on Wednesday.  "We remain very bullish about the prospects for offshore wind in Europe, in particular. We see the rebasing happening in the market," said Rasmus Errboe, Group President and CEO. "We will be patient, and we will prioritize value over volume." Errboe highlighted three potential business areas for growth in Europe:...

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Shipbuilding

Immigrant arrest

ICE Shipyard Raid Nabs 25 Illegal Immigrants

  Immigration officers carried out a raid on a shipyard in Louisiana last week and came away with more than two dozen suspected illegal immigrants who were working for a welding contractor, according to ICE Homeland Security Investigations.  The raid occurred at an unnamed yard in Harvey, Louisiana, but the individuals in question were employed by Belle Chasse-based contractor Barrois Welding Services. ICE had specific intelligence about the workplace, HSI said: one Barrois Welding Services employee had been arrested in...

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Environment

Harbor and iron or pier at Saldanha Bay, South Africa (Hp.Baumeler / CC BY SA 4.0)

Study: South Africa-Europe Shipping Route Could Run on Ammonia by 2029

  Despite the existing uncertainty in global regulations for clean shipping, some decarbonization initiatives are setting ambitious targets for transitioning to alternative fuels. One such example is the South Africa-Europe iron ore shipping route, which could feasibly deploy ammonia-fueled bulk carriers as soon as 2029 and scale toward full decarbonization by 2035. These findings are contained in a feasibility study by the Global Maritime Forum, produced in partnership with a consortium formed in 2023 to develop a green shipping corridor...

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Business

DFDS ferry at sea

Shake-Up at DFDS as Ferry Operator Looks to Accelerate Financial Turnaround

DFDS, one of Europe’s largest ferry operators, announced a series of shake-ups after posting disappointing financial results for the third quarter. The company had said that 2025 would be a transitional year as it laid the foundations for improving financial performance, and now it is adding layoffs, cost-cutting, and a search for a new chief executive officer. While saying that it was making progress on most of the priorities laid out in its plan, DFDS reported a 32...

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