Friday, October 30, 2026
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electric barge

CMA CGM Launches Inland Electric Barge to Support Nike in Vietnam

Published Oct 29, 2026 6:31 PM by The Maritime Executive

CMA CGM, working with Nike and port operator Gemadept, launched a new electric inland waterway transport solution in Vietnam, designed to support Nike’s supply chain decarbonization efforts. The shipping company said the innovative solution is designed as a model that can potentially be replicated in other geographies and adapted to other customer supply chains. The project, which was first announced in December 2024, combines the electric barge with a dedicated charging station at Gemalink, the deep-sea terminal operated by Gemadept...

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HII submarine

Investors Reward Huntington Ingalls as Navy Revenue Booms

Published Oct 29, 2026 6:26 PM by The Maritime Executive

Huntington Ingalls Industries' stock price jumped 13 percent on Thursday after the release of the firm's third quarter results, which contained very positive news: the nation's primary defense shipbuilder is making a six percent profit margin on shipbuilding operations, and its pool of new hires and apprentices is in great shape. But most importantly, the company already has 90 percent of its targeted revenue under contract with the federal government through 2030 - a long time horizon for any company....

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USS Spruance (DDG 111)

USS Spruance Sets Post-World War II Record for Days Deployed for Destroyer

Published Oct 29, 2026 4:41 PM by The Maritime Executive

The Arleigh-Burke class destroyer USS Spruance has earned a new distinction, becoming the longest deployed destroyer since the Second World War. The ship hit 343 days, but the deployment is ongoing, and she could easily pass a year underway. Believed to still be deployed on patrol somewhere in the Indo-Pacific region, the destroyer played a key role in the first stages of the war against Iran, which has prompted her originally anticipated routine deployment to be extended several times. The...

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Ghost Fishing UK

A New Way to Pay for Ghost Gear Removal: Offsetting Habitat Impacts

Published Oct 29, 2026 4:03 PM by The Maritime Executive

A Canadian environmental consultancy has come up with a novel proposal for funding the removal of ghost gear - the catch-all term for abandoned nets, lines and pots, which can pose a long-term hazard to marine life. Ghost gear is a large-scale problem, on the order of 25 million fishing pots and traps lost each year (plus nets and lines). Lost fishing gear is a top constituent of the "Great Garbage Patch" in the Pacific, and its recovery is a...

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Offshore

MARAD

Texas Offshore LNG Terminal Speeds Towards Development

A proposed LNG terminal slated for development off the coast of Texas could be the fastest-moving project of its kind in the United States. ST LNG, a platform-based offshore liquefaction plant, applied to the Maritime Administration for permitting approval in June 2025. It received a federal record of decision for its plans this week, and expects to reach a final investment decision by the end of next year. All going well, it could load its first commercial cargoes as early...

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Shipbuilding

training ship under construction

Hanwha Transitions Ownership of Philly Shipyard as It Seeks Defense Work

Hanwha Group is reorganizing the ownership and management of the Philly Shipyard, which it acquired nearly two years ago, as it continues to seek U.S. defense naval shipbuilding contracts. It acquired the yard seeking to break into naval shipbuilding in the U.S., and in this latest move, it says it continues to transition toward dual-use for naval and commercial work at the yard. The group paid approximately $100 million to acquire Philly Shipyard in December 2024, with Hanwha Systems owning...

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Environment

China concept floating island for marine research

China to Build Self-Propelled Floating Marine Research Island

The construction order was signed this week in China for what is being called the world’s first floating deep-sea island. Designed for ocean research, it will be a self-propelled vessel, a catamaran designed for long-term residence at sea with the ability to change positions. The ship will be built by Shanghai Waigaoqiao, which highlights that it will leverage its experience building the world’s largest sixth-generation 3,000-meter-deep-water semi-submersible drilling platform. The yard also highlights that China is the first shipbuilding nation...

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Business

IBIA Bunker Conference

Americas Marine Fuel Market Moves from Ambition to Delivery

The region’s marine energy transition is entering a more demanding phase, as regulation, infrastructure, fuel availability and commercial reality converge across diverse North and South American markets. For the maritime sector in the Americas, the central question is no longer whether the fuel mix will change, but how that change can be delivered safely, consistently and at commercial scale. The region combines established bunkering hubs, major cargo gateways, energy-producing economies and rapidly developing alternative-fuel supply chains. Yet it is not...

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