Monday, June 29, 2026
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Ship scrapping

The Floating Answer to the Green Steel Challenge

Published Jun 29, 2026 12:50 PM by Dialogue Earth

[By Emma Bryce] Rushi Kanakiya recycles ships from a 50-meter beachside plot overlooking the sea in Alang, India. Since 1985 his family enterprise, Triveni Shipbreakers, has been receiving and dismantling old vessels here, in the world’s largest shipbreaking yard. Triveni is capable of processing some 2,000 metric tonnes of steel every month. There is a mind-boggling amount of steel locked up in ships: over 500 million tonnes by one estimate from 2019. Alang’s 150 or so shipyards have the capacity...

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UK Royal Navy

Shape of Future Royal Navy Fleet Emerging

Published Jun 29, 2026 11:20 AM by The Maritime Executive

After many months of delays focused on the inadequacy of additional funding allocated, it appears that the United Kingdom’s Defence Investment Plan is to be published on June 30. The plan will be posted as part of the “legacy’ package” of the outgoing Prime Minister Sir Kier Starmer, but he is one of the very few people who believe that the plan to be outlined will be sufficient to meet the rising threat. The consensus in British political circles is...

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Maritime Executive shipbuilding

The Maritime Executive’s Shipbuilding & Repair Edition is Now Online

Published Jun 28, 2026 7:15 PM by The Maritime Executive

“50 Years of Shipbuilding Excellence” - That's the theme of Eastern Shipbuilding Group's celebratory year and it coincides with the 250th anniversary of the country that made it all possible. Starting with one vessel in 1976, ESG has built more than 350 more over the years and is thriving under second-generation CEO Joey D'Isernia. It's a quintessentially American story, and you can read all about it in this edition's Case Study and Executive Interview! News Editor Paul Benecki takes a...

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offshore wind farm

Canada Qualifies First Companies to Bid for Offshore Wind Energy Licenses

Published Jun 28, 2026 6:59 PM by The Maritime Executive

Canada and the province of Nova Scotia took a key step forward in their ambitions to develop offshore wind energy by designating the firms prequalified to enter the bidding. Government officials highlighted a strong field of international participants, saying it further confirms the opportunities to become a world-class site for offshore wind energy. The Canada-Nova Scotia Offshore Energy Regulator (CNSOER), an independent joint agency created by the government of Canada and Nova Scotia, conducted the pre-qualification. It established criteria for...

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Offshore

offshore wind farm

Duke Energy to Sell Back its North Carolina Offshore Wind Area Lease

Duke Energy is joining the growing list of companies selling back their offshore wind energy leases to the Trump administration. The company has agreed voluntarily to terminate an area on the North Carolina coast. Under the terms of the agreement announced today by the Department of the Interior, Duke Energy will be partially reimbursed for its offshore wind lease, which was in a very early stage of development. The company has agreed to redeploy the funds from its Carolina Long...

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Shipbuilding

rock installation vessel Arcadia

First U.S.-Built Rock Installation Vessel Delivered into a Changed Market

A first-of-its-kind vessel, a rock installation vessel designed originally to focus on the emerging U.S. offshore wind energy industry, was delivered today, June 25, to Great Lakes Dredge & Dock Company by the Hanwha Philly Shipyard. The vessel, however, faces a different market, which has caused its owners to pivot to a new strategy. Ordered in November 2021, it was hailed for the opportunities as the first Jones-Act compliant vessel of its kind. Great Lakes Dredge & Dock ordered the...

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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

Maritime Executive shipbuilding

The Maritime Executive’s Shipbuilding & Repair Edition is Now Online

“50 Years of Shipbuilding Excellence” - That's the theme of Eastern Shipbuilding Group's celebratory year and it coincides with the 250th anniversary of the country that made it all possible. Starting with one vessel in 1976, ESG has built more than 350 more over the years and is thriving under second-generation CEO Joey D'Isernia. It's a quintessentially American story, and you can read all about it in this edition's Case Study and Executive Interview! News Editor Paul Benecki takes a...

Continue Reading...