Thursday, April 23, 2026
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offshore vessel

Bourbon’s New Shareholders Drive Rapid Expansion in Offshore Operations

Published Apr 22, 2026 7:27 PM by The Maritime Executive

France’s Bourbon is highlighting the rapid expansion of its fleet and efforts to consolidate its position in the offshore market since the start of the year. The group completed a series of steps in 2025, which restructured its financial and capital structure, and with the emergence of new majority shareholders, who said they would contribute to new growth. Since the start of 2026, the group reports it has added 13 offshore support vessels to its fleet. They said it represents...

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Secretary Phelan and family during his Senate confirmation hearing last year (CSPAN)

Navy Secretary John Phelan Departs Abruptly

Published Apr 22, 2026 6:43 PM by The Maritime Executive

The Pentagon has announced the departure of Secretary of the Navy John C. Phelan, an investor and prominent art collector who had served in the role since March 2025. No explanation was provided; Reuters reports that he was fired, and the Wall Street Journal suggests that his dismissal was preceded by months of tensions with Defense Secretary Pete Hegseth. "Secretary of the Navy John C. Phelan is departing the administration, effective immediately. . . . We are grateful to Secretary...

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US Capital building

New Lobbying Group Joins Effort to Push Legislative Agenda on Shipbuilding

Published Apr 22, 2026 5:56 PM by The Maritime Executive

Despite the recognition of the importance of revitalizing the American shipbuilding and maritime industry, and Congressional proposals and a plan from the Trump administration, the efforts have yet to move forward in Congress and reach the president’s desk. While hearings are underway in Congress, a new coalition formed by a lobbying group has also appeared, aiming to “spur Congress to advance legislation” supporting the shipbuilding industry and specifically the SHIPS Act. A bipartisan group of congressmen led by Arizona Senator...

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The JARI "Orca" unmanned combatant vessel (via Chinese social media)

Report: The Race is On to Bring Unmanned Combatants to Life

Published Apr 22, 2026 5:48 PM by The Maritime Executive

American defense tech consultancy Janus has just published a major review of autonomous naval systems in all global markets. After Ukraine's success with USVs in the Black Sea, interest in unmanned naval warfare is taking off - notably in the United States, with real backing from the U.S. Navy. But America is not alone in seeking an unmanned edge: China is moving towards development of "larger, more capable unmanned surface vessels" with long endurance and heavier payloads - "beyond anything...

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Offshore

offshore wind farm

U.S. is Negotiating to Cancel More Offshore Wind Leases

Executives at the French company Engie confirmed today that they are in discussions with U.S. officials about possibly canceling their offshore wind farm leases. Last month, the administration agreed to reimburse TotalEnergies for its offshore wind leases and hinted it might use the same technique with others, although advocates and lawmakers are questioning the legal authority. The Trump administration said in March that it had agreed to reimburse TotalEnergies nearly $1 billion it had paid to acquire a large lease...

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Shipbuilding

USS Zumwalt on her initial sea trials (USN file image)

Report: Three Injured in Fire Aboard USS Zumwalt

A fire aboard the first-in-class destroyer USS Zumwalt has injured three sailors, according to the U.S. Navy. Zumwalt is currently at shipyard in Pascagoula, Mississippi to undergo modifications needed to launch the service's next-generation hypersonic missile. Launch tubes and equipment have replaced both of the Zumwalt's iconic deck guns, which were designed to deliver high velocity, high tech shore bombardment from a stealthy platform. According to USNI and Naval Surface Forces, a fire was reported aboard Zumwalt at about 2145...

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Environment

Auramarine

Winning Formula

For residents living near ports, seafarers working aboard ships and passengers stepping ashore, the question is no longer abstract: Why am I still breathing this? Sulphur oxides (SOx), nitrogen oxides (NOx) and particulate matter (PM) from ship exhausts are a daily reality in many port cities. A 2023 World Bank report estimated that more than 250 million people globally are exposed to air pollution around ports, underscoring that maritime emissions are not only a climate issue but a public-health issue....

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Business

offshore vessel

Bourbon’s New Shareholders Drive Rapid Expansion in Offshore Operations

France’s Bourbon is highlighting the rapid expansion of its fleet and efforts to consolidate its position in the offshore market since the start of the year. The group completed a series of steps in 2025, which restructured its financial and capital structure, and with the emergence of new majority shareholders, who said they would contribute to new growth. Since the start of 2026, the group reports it has added 13 offshore support vessels to its fleet. They said it represents...

Continue Reading...