Tuesday, December 23, 2025
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offshore wind farm installation

U.S. Suspends Licenses for Five Under Construction Offshore Wind Farms

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Trump Class

Trump: Trump-Class Battleship Will be Flagship for Navy's New Golden Fleet

Published Dec 22, 2025 6:47 PM by The Maritime Executive

President Donald Trump has announced plans to order a future "Trump-class" battleship in large quantities, and says that he will press defense contractors to deliver it quickly. "They'll be the fastest, the biggest, and by far 100 times more powerful than any battleship ever built," the president said at a press conference at his Mar-a-Lago estate on Monday afternoon. In a statement, the White House confirmed that the class would be "the most lethal surface combatant ever constructed." Illustrations show...

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Korean concept for KDDX vessel

Hanwha and Hyundai to Square Off to Build Korea’s First Domestic Destroyer

Published Dec 22, 2025 5:25 PM by The Maritime Executive

South Korea’s Defense Acquisition Program Promotion Committee has resolved to hold a head-to-head competition between Hanwha Ocean and HD Hyundai Heavy Industries for the country’s first domestically-produced destroyer. It selected the process after more than two years of discussion, and after elements of corporate espionage threatened to derail the whole project. The project dates back more than a decade to inception in 2011, which called for South Korea to leverage its domestic expertise in shipbuilding and electronic warfare systems to...

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USCG

After Dustup Over Hate Symbols, Senate Confirms New Coast Guard Commandant

Published Dec 22, 2025 4:14 PM by The Maritime Executive

The U.S. Senate has confirmed Adm. Kevin Lunday as the next commandant of the U.S. Coast Guard. A 39-year veteran of the Coast Guard and a career judge advocate general by training, Adm. Lunday is former commander of U.S. Coast Guard Cyber Command. He holds a masters in national security strategy from the National War College, a JD from George Washington University Law School and a BS in marine engineering from USCGA. He has served as the acting commandant since...

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Wind turbine installation vessel

Seatrium and Maersk Settle Dispute and Cancel Arbitration Over WTIV

Published Dec 22, 2025 3:46 PM by The Maritime Executive

Singapore shipyard group Seatrium reports that the dispute with Maersk Offshore Wind over a nearly completed newbuild wind turbine installation vessel has been resolved. The company has agreed to finance the vessel for Maersk Offshore Wind and called the arrangements “the optimal way forward” for the interests of the shipbuilder. Under the terms of the agreement, Seatrium will deliver the vessel to Maersk Offshore Wind by February 28, 2026. Maersk has agreed to pay the balance of the contract price,...

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Offshore

offshore wind farm installation

U.S. Suspends Licenses for Five Under Construction Offshore Wind Farms

In its latest moves to stop the development of offshore wind energy projects, the Trump administration on Monday, December 22, announced it is suspending all the licenses for under-construction offshore wind farms. It impacts five projects, many of which are nearing completion, with a generating capacity for 5.8 GW of energy, and sent shock waves through the industry. In a statement from the Department of the Interior, the administration says the pause is due to “national security risks identified by...

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Shipbuilding

Trump Class

Trump: Trump-Class Battleship Will be Flagship for Navy's New Golden Fleet

President Donald Trump has announced plans to order a future "Trump-class" battleship in large quantities, and says that he will press defense contractors to deliver it quickly. "They'll be the fastest, the biggest, and by far 100 times more powerful than any battleship ever built," the president said at a press conference at his Mar-a-Lago estate on Monday afternoon. In a statement, the White House confirmed that the class would be "the most lethal surface combatant ever constructed." Illustrations show...

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Environment

The Kassø e-methanol project in Denmark is the largest of its kind in Europe (European Energy)

Low E-Fuel Production Slows Europe's Decarbonization

Europe’s ambitions to decarbonize the shipping industry face obstacles due to the fragile state of the alternative fuel supply chain, an analysis by the activist NGO Transport & Environment (T&E) shows. Though Europe is setting the pace in efforts to cut down on shipping emissions, the review shows that production of green hydrogen and other e-fuels remains significantly low, with the largest e-fuel plant serving the maritime sector only becoming operational this year. For many other projects, a lack of...

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Business

contract signing for new tugboats built in Greece

ONEX Shipyards Wins Greece’s First Newbuild Order in Decades

Greece’s ONEX Shipyards and MEGATUGS announced an agreement to build new tugboats at the Elefsina shipyard. It makes a key milestone for the restoration of the shipyard industry in Greece, as it is the first newbuild order placed in Greece in decades. MEGATUGS ordered two state-of-the-art tugboats to be built using Robert Allen’s RAstar 2800 design for ASD Escort/Terminal tugs. It also has an option to build two additional tugs at the Greek shipyard. Each of the tugs will be...

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