Thursday, July 02, 2026
Media Kit
French forces monitoring tanker

France Fines and Releases Shadow Fleet Tanker Held for a Month

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Hamburg Germany container terminal

Hapag-Lloyd Continues to Invest in its Portfolio of Port Terminals

Published Jul 1, 2026 7:15 PM by The Maritime Executive

Hapag-Lloyd, three years after launching a port terminal company, Hanseatic Global Terminals, is continuing to expand its portfolio. The company announced negotiations for investments in Hamburg, Germany, and Tangier Med, Morocco, for its portfolio as it works toward a goal of more than 30 terminals by 2030. The company has completed a terms sheet outlining the key conditions for an intended investment in Eurogate Container Terminal Hamburg. It calls for Hanseatic Global Terminals to acquire a 20 percent stake in...

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Navy personnel launch a drone boat in an exercise in Gdynia, Poland, June 2026 (USN)

Pentagon Puts All Drone Programs Under One Office, Except Navy's MUSV

Published Jul 1, 2026 6:45 PM by The Maritime Executive

As the Pentagon moves to expand its unmanned-systems programs in all domains and across all service branches, it is setting up a new command center for all U.S. military drone acquisition and R&D programs. The newly-formed office - dubbed the Direct Reporting Portfolio Manager for Unmanned Systems, and referred to day-to-day as the DRPM-UxS - will be in charge of overseeing drone subs, drone boats, terrestrial drones and airborne drones, both autonomous and remotely-controlled. "While global military unmanned systems production...

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FLEETEX 250

US, NATO, and Allies Wrap-up First Large Atlantic Exercise off Virginia

Published Jul 1, 2026 6:44 PM by The Maritime Executive

A multi-national force completed two weeks of exercises in what was billed as the first large-scale multi-national maritime exercise to take place in the Hampton Roads area of Virginia and the western Atlantic Ocean. Commanders highlighted the importance of the exercise even as the Trump administration continues to question the value of NATO and criticize many of the member nations. Known as FLEETEX 250, the exercise kicked off on June 16 with a reception and planning aboard the Wasp-class amphibious...

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IRGC attack speedboats in the Strait of Hormuz (USN file image)

Op-Ed: Iran Won't be Able to Toll the Strait of Hormuz in the Long Term

Published Jul 1, 2026 5:03 PM by The Conversation

[By Jennifer Parker] Since Iran was attacked by the US and Israel it has increasingly signaled its intent to make control of the Strait of Hormuz a permanent feature. This has raised fears that after the conflict, it could permanently impose tolls on the roughly 130 ships that transit the strait each day. While Iran may desire a guaranteed source of revenue, the region is unlikely to accept it tolling the strait. More importantly, it would not work. The Strait...

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Offshore

China floating wind platform and 16 MW turbine

China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform

China continues its developments, placing it at the forefront of the offshore wind energy sector. In the latest development, officials reported deploying the largest tension-leg floating offshore wind platform designed to hold a 16 MW turbine. The platform was assembled at the Gaolan Port in Zhuhai, south China, and departed on June 28 for its deployment in the South China Sea. The structure stands more than 307 meters (1,007 feet) and weighs almost 8,000 tonnes. It is the largest of...

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Shipbuilding

South Korean shipbuilder

Gunsan Shipyard to Restart Shipbuilding After Nine Years

Plans to fully relaunch the long-dormant Gunsan Shipyard in South Korea got a boost as the company signed a letter of intent to build its first ships in nine years. The contract was announced concurrently with the closing of the acquisition of the yard by an investment group from HD Hyundai. The yard had fallen victim to a downturn in the shipbuilding industry nearly a decade ago and never achieved its full potential as an expansion for Hyundai’s shipbuilding operations....

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Environment

hydrogen-powered short-sea dry bulk carrier concept

Norway Accelerates Hydrogen-Power Bulker Project for Shortsea Shipping

Norway’s LH2 Shipping reports it is accelerating the development of hydrogen-powered shortsea shipping bulkers for the Baltic with an additional grant from the Norwegian government program to accelerate the green energy transition. The company will add a fifth and sixth bulker to its plan, saying that increased support reflects the growing momentum for liquid hydrogen as a viable alternative fuel for shortsea shipping. The company was awarded an additional grant of approximately $35.82 million from Enova, which it says will...

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Business

supply chain warehouse

CMA CGM Grows North American Logistics Buying FedEx Supply Chain for $1.4B

CMA CGM, like other major shipping carriers, is continuing its efforts to transform its business into an integrated shipping and logistics operation. On July 1, it announced it had an agreement to acquire FedEx Supply Chain, a subsidiary of FedEx Corp. Valued at $1.4 billion enterprise value, the acquisition will nearly triple the size of the North American contract logistics operations of CMA CGM’s subsidiary CEVA Logistics. By integrating FedEx Supply Chain, CEVA Logistics will become a leading contract logistics...

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