Sunday, June 15, 2025
Media Kit
tow of burning containership

Towing Effort Attempts to Move Smoldering Wan Hai 503 Out to Sea

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Israeli attack on Iran

How Will the Israel-Iran Conflict Unfold?

Published Jun 13, 2025 3:46 PM by The Maritime Executive

  Israel has declared that its attacks on Iran early on the morning of June 13 are only the beginning of what has been planned as a three-week campaign. Iran retaliated initially with a barrage of 100 drones, very few of which got through to Israel, with several intercepted over the Dead Sea. But subsequently seven missiles of a barrage of about 100 missiles penetrated Israeli air defenses, causing damage in the greater Tel Aviv area, and a second wave...

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Regent Seven Seas cruise ship

Regent Seven Seas Cruises Plans $25,000 a Night Cruise Ship Suite

Published Jun 13, 2025 3:08 PM by The Maritime Executive

With the luxury segment of the cruise industry booming, Regent Seven Seas Cruises has announced plans for the ultimate suite at sea, a $25,000 a night sleeps six Skyview Regent Suite. The line which has already been known for its extravagant suites and ships outfitted with marble and golden chandeliers, looks to raise the bar another notch on the definition of luxury at sea. The new suite with be atop the Seven Seas Prestige, a new 77,000 gross...

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tanker detained in Finland

Finland Completes Investigation Recommending Prosecution for Eagle S Tanker

Published Jun 13, 2025 1:33 PM by The Maritime Executive

  Investigators working for Finland’s national police announced they have completed their criminal investigation into the damage to the subsea cables. They reported they officially suspect the master and two officers from the tanker Eagle S who have been detained in Finland since January 2025. The investigation focused on the possible involvement of the Eagle S, a tanker registered in the Cook Islands, which was present in the area at the time the cables were damaged on December 25....

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North Korean destroyer

North Korea Celebrates Launch of New Destroyer a Month After it Capsized

Published Jun 13, 2025 12:17 PM by The Maritime Executive

North Korea staged an elaborate celebration for its new Choe Hyon class destroyer which was officially named Kang Kon in an event led by Kim Jong Un. The vessel was decked out with bunting in a dry dock at the Rajin Shipyard and named with sailors aboard for the event on June 12. During the ceremony, Kim referred to the “miraculous event of building two large multipurpose destroyers in less than a year and a half.” The vessel...

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Offshore

offshore wind farm

Why Wind Farm Developers Are Pulling Out At The Last Minute

[By Thomas York] The UK government’s strategy for tackling climate change received a major blow in May when Danish developer Ørsted announced that adverse economic developments had halted its 2.4 gigawatt (GW) Hornsea 4 wind farm in the North Sea. The government aims to generate at least 43GW of offshore wind power (current capacity is 14.7GW) and 95% of all energy from renewable sources by 2030. These targets are now in jeopardy. The cancellation of Hornsea 4 follows a similar...

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Shipbuilding

Hapag ultra large containership

Hapag-Lloyd Takes Delivery of Last Ship in its New LNG Ultra Large Class

  Hapag-Lloyd is reporting it has taken the delivery of the new Wilhelmshaven Express (229,350 dwt) container vessel the twelfth in its new ultra large Hamburg Express class and its first dual-fuel LNG class of vessels. Ordering the ships in 2020 and 2021, Hapag became one of the first in the industry to jump to the larger 24,000 TEU class of ultra large vessels. The company highlighted that the class has 20 percent more capacity than its A 19 class...

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Environment

Bow Olympus

Nor-Shipping: Wind-Assisted Propulsion is Finally Taking Off

  Wind-assisted propulsion is having a moment in commercial shipping. On average, most systems on the market can reduce fuel consumption by about 10 percent for a tanker or bulker - or more, if the conditions on the route are right. Design maturity is increasing, along with economies of scale for manufacturing, bringing down capex and shortening payback times for the shipowner. It's not just a matter of whether it's the right thing to do; it is getting to the...

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Business

container terminal COSCO

Report: COSCO Seeks Share of Hutchison Deal Addressing China’s Fears

A new report is suggesting that China’s COSCO Shipping is negotiating for a role as an investor in the deal to acquire the terminal operations of CK Hutchison. Bloomberg first reported that a group of Chinese investors is in discussions with MSC’s Terminal Investments and BlackRock about participating in the $23 billion deal for the terminal operations in 41 ports around the world. China has strongly objected to the deal and primarily the parallel portion that sells the...

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