Tuesday, June 24, 2025
Media Kit
Ballistic missiles and interceptors in the sky over Al Udeid Airbase, Qatar (Qatari social media)

Oil Prices Plummet After Limited Iranian Attack on U.S. Airbase

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Freemantle Austrlia

Fremantle and Other Western Australia Ports to Receive State Investments

Published Jun 23, 2025 8:07 PM by The Maritime Executive

  The government of the Australian state of Western Australia announced plans for major investments in the state’s ports as part of its 2025-2026 State Budget. According to the officials, the critical infrastructure improvements will enhance the business position and contribute to the country’s economy because of the critical role of their ports to Australia. In Australia, ports are owned and operated by the state government. Western Australia includes Fremantle as well as Port Hedland and the Port of Geraldton,...

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A suspected illegal fishing operator off South Padre Island, Texas (USCG file image)

Audit: Coast Guard is Only Catching One-Fifth of IUU Fishing Suspects

Published Jun 23, 2025 7:38 PM by The Maritime Executive

The Department of Homeland Security's internal watchdog agency reports that the U.S. Coast Guard is letting lots of illegal fishing perpetrators go about their business without interdiction, stymied by a lack of available resources. The problem is almost entirely a Texas issue: 94 percent of all detected IUU fishing incursions occurred in District 8, off the Gulf coast.  Perennially stretched thin by federal underinvestment, the Coast Guard has to make do with deteriorating facilities and (often) aging cutters, the oldest...

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FPSO

Global Offshore Outlook: Shoring Up Safety in an Era of Renewal

Published Jun 23, 2025 6:48 PM by Miguel Hernandez, ABS Senior Vice President, Global Offshore

  Offshore exploration and production is rebounding in 2025, driven by a dynamic mix of regulatory developments and technological advancements. With the world’s energy demand rising, the industry is accelerating innovations that support the energy transition — with digital and energy-efficiency solutions underpinning future success. To confirm that technical standards are upheld amid rapid transformation, classification is an independent, objective process used to verify industry best practices, and for more than 70...

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containership fire

After Two Weeks, Fire Continues and Stability Concerns for Wan Hai 503

Published Jun 23, 2025 6:37 PM by The Maritime Executive

The Indian Directorate General of Shipping reports that two weeks after the fire first began on the containership Wan Hai 503, pockets of fire remain, and there has been a reignition in one area. They are meeting this week to advance the plans for the vessel to finally be moved to a refuge port, as concerns are increasing over the stability of the containership. Teams had been making progress with the fire largely extinguished, so that a salvage...

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Offshore

FPSO

Global Offshore Outlook: Shoring Up Safety in an Era of Renewal

  Offshore exploration and production is rebounding in 2025, driven by a dynamic mix of regulatory developments and technological advancements. With the world’s energy demand rising, the industry is accelerating innovations that support the energy transition — with digital and energy-efficiency solutions underpinning future success. To confirm that technical standards are upheld amid rapid transformation, classification is an independent, objective process used to verify industry best practices, and for more than 70...

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Shipbuilding

Edison Chouest's Tampa Ship facility can accommodate midsize merchant vessels (ECO file image)

Chouest and HD Hyundai Partner Up to Build Boxships in the United States

  Edison Chouest Offshore, a builder and operator of OSVs and other workboats, has reached an agreement with HD Hyundai to begin building container ships in the U.S. before the end of the decade. It would be Chouest's first venture into this vessel class. On Sunday, HD Hyundai confirmed that it has signed a partnership agreement with Chouest to cooperate on the construction of dual-fuel LNG-powered, "mid-sized" container ships, beginning in 2028. The move would capitalize on a drive to...

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Environment

The Spanish researchers in the project are collaborating with local aquaculture centers to restore the seabed under mussel ropes. Photo: Climarest

Study: Coastal Marine Ecosystems May Need Active Restoration

  [By Kathrine Nitter] It can take up to 200 years for damaged marine environments to fully recover by just stopping the destruction and leaving the ecosystems to themselves. That is why we must implement active restoration interventions. Immediate action is important for successful marine restoration, scientists conclude. “The human activity that threatens marine ecosystems is expected to increase in the coming decades. This impacts not only nature itself, but also the ability of coastal communities to adapt to climate change,” says...

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Business

Port Arthur LNG (courtesy Sempra Energy)

Strategic Channels

  "Whoever controls the flow of energy controls their own destiny—and often that of others." - Condoleezza Rice, former U.S. Secretary of State. Global energy corridors, from the Strait of Hormuz to the South China Sea, are increasingly subject to geopolitical tension and competition. Nations like Australia and Qatar remain dominant players in LNG exports, and Russia continues to wield pipeline influence over parts of Europe and Asia. However, according to the U.S. Energy Information Administration (EIA), the U.S. remained...

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