Tuesday, December 16, 2025
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Barcelona container terminal

Report: “Intractable Impasse” in Hutchison-BlackRock-MCS Deal Due to China

Published Dec 16, 2025 3:41 PM by The Maritime Executive

A new report indicates that with negotiations dragging on for months, the sale of Hutchison’s international terminal operations to a partnership of BlackRock and MSC’s Terminal Investment Limited (TiL) may have now hit an “intractable impasse.” The Wall Street Journal, in an exclusive report, writes that China has “upped its demands,” possibly sinking a potential agreement. Earlier reports said that China was demanding an equal share for the state-owned shipping company, COSCO, in the deal alongside BlackRock and MSC’s TiL....

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Hong Kong cocaine seizure

Hong Kong Customs Use ROV to Find Cocaine Hidden in Sea Chest

Published Dec 16, 2025 1:45 PM by The Maritime Executive

Hong Kong Customs is highlighting its first use of a new ROV for ship inspections and reports that last month it, for the first time, discovered a large stash of cocaine hidden in the sea chest of a containership. Speaking at a press event on December 16, the officials highlighted that the smugglers are using new techniques in an attempt to avoid detection. The unnamed containership, only described as being 333 meters (1,092 feet) in length, was targeted using intelligence...

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Copenhagen harbor

One Event. World Of Maritime. This February, Copenhagen is the Place to Be

Published Dec 16, 2025 9:28 AM by IGGS Group

The highly anticipated World Maritime Forum 2026 is set to become one of the most influential gatherings in the global shipping and ocean-tech community. Scheduled to take place at the exceptional Bella Sky Convention Center in Copenhagen, the event is poised to deliver a world-class experience that blends strategic insight, innovation, and high-level networking. Appropriately dubbed “One Event. World Of Maritime,” the forum captures the full scope of the industry’s current challenges and future opportunities. Bringing together 800 attendees, 50...

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Drug boat strike

Southern Command Strikes Three More Suspected Drug Boats, Killing Eight

Published Dec 16, 2025 12:57 AM by The Maritime Executive

On Monday, U.S. Southern Command reported that its forces attached and destroyed three drug-smuggling boats in the Eastern Pacific, killing the occupants. In a statement, Southern Command emphasized that it carried out the strikes at the direction of Secretary of War Pete Hegseth. Based on intelligence suggesting that the boats were engaged in narco-trafficking, including their presence in the known Eastern Pacific smuggling lanes, U.S. forces launched three aerial attacks. Three suspected smugglers were killed in the first strike; two...

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MORE STORIES BY CATEGORY

Offshore

Ocean City Maryland

Court Denies Motion for Injunction of BOEM’s Review of Maryland COP

A federal court judge in Maryland has denied a request by offshore wind developer US Wind for a preliminary injunction against the federal government in its ongoing fight to save its planned offshore wind project off Ocean City, Maryland. It is the latest twist in the ongoing court battle over Maryland’s first offshore wind project and the broader battle against the Trump administration’s efforts to derail the industry and revoke existing permits. US Wind, which is a partnership between investment...

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Shipbuilding

HD Hyundai

HD Hyundai Buys Tiny Welding Robots for Human Shipbuilding Tasks

HD Hyundai Heavy Industries has begun using compact, lightweight welding robots that can be moved around the shipyard to automate complex welding tasks - even inside the interior of a ship under construction. The development brings robotic repeatability and speed to tasks that were previously reachable only by human workers, who are in short supply in Korea's shipbuilding industry. The new capability is the product of a joint initiative between welding robot builder JCT and precision-control company Rainbow Robotics. The...

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Environment

Odfjell chemical tanker

Odfjell Tankers Launches Green Corridor Between Brazil and Europe

Norwegian shipping major Odfjell reports it has initiated the first green corridor for service between Brazil and Europe. The company emphasizes that this is not a one-off demonstration, but instead, with supply contracts, it becomes a long-term commitment to demonstrating what is possible today. The company reports it has secured a supply of sustainable biofuel, which will be used as its chemical tankers make the 5,000-nautical-mile journey between Brazil and Europe. The corridor will operate 12 to 15 voyages per...

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Business

Barcelona container terminal

Report: “Intractable Impasse” in Hutchison-BlackRock-MCS Deal Due to China

A new report indicates that with negotiations dragging on for months, the sale of Hutchison’s international terminal operations to a partnership of BlackRock and MSC’s Terminal Investment Limited (TiL) may have now hit an “intractable impasse.” The Wall Street Journal, in an exclusive report, writes that China has “upped its demands,” possibly sinking a potential agreement. Earlier reports said that China was demanding an equal share for the state-owned shipping company, COSCO, in the deal alongside BlackRock and MSC’s TiL....

Continue Reading...