Wednesday, July 02, 2025
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Spain Algeciras

HMM Plans Expansion of Algeciras Terminal as Transshipment Hub

Published Jul 2, 2025 4:38 PM by The Maritime Executive

HMM, citing the growing influence of investment companies and carriers in terminals, reports it is looking to expand its role, starting with Spain’s Algeciras. It cites the port’s role as a transshipment hub, which has increased as vessels diverted away from the Red Sea in 2024 and other European ports continue to experience congestion. HMM acquired the Algeciras Container Terminal (TTIA) in 2017 and owned 100 percent of the operation until selling a half stake to CMA CGM...

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Houthi missile launch

Are the Houthis Suppressed as a Red Sea Threat?

Published Jul 2, 2025 4:19 PM by The Maritime Executive

  With the Iranian regime attempting to recover from significant damage caused by Israeli and American attacks in June, the question remains whether the Houthi rebels have the capability to cause further disruption in the Red Sea - and whether or not they have the intention of using it. On the surface, the Houthi’s belligerent intentions remain undiminished. The chief Houthi military spokesman Brigadier Yahya Sari’e continues to issues threats: immediately after the American attack on Iran on June 22,...

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Among other acts, suspect Yuance Chen allegedly visited and boarded USS Abraham Lincoln in San Diego (USN file image)

FBI Arrests Two Chinese Nationals for Spying on the U.S. Navy

Published Jul 2, 2025 4:08 PM by The Maritime Executive

  The FBI has arrested two Chinese men on charges of spying for China's intelligence agency, including acting as recruiters and handlers for moles inside of the U.S. Navy.  Yuance Chen, 38, and Liren “Ryan” Lai, 39, stand accused of making a “dead drop” payment of cash for national security information; gathering intelligence about U.S. Navy servicemembers and bases; and helping to recruit other people inside the U.S. military, all on behalf of China's Ministry of State Security.  According to charging...

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Sofia

The Grandfather of White-Collar Piracy

Published Jul 2, 2025 2:33 PM by Marcella Boehler

  In Greece, Max Hardberger posed as an interested buyer, in Haiti as a port official, in Trinidad, a shipper. He has plied guards with booze and distracted them with prostitutes; spooked port police officers with witch doctors and duped night watchmen into leaving their posts. His goal: to get on board a vessel he was trying to retrieve and race toward the 12-mile line where the high seas begin and local jurisdiction ends. Hardberger runs a rare kind of...

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Offshore

offshore wind farm

Offshore Power Agreements Delayed Citing Uncertainties in US Policy

For the fourth time in a year, power purchase agreements that were due to be signed for offshore wind farms to serve Massachusetts and Rhode Island have been postponed. While the states remain anxious to pursue clean energy, the developers cite the continuing uncertainties in U.S. policy and, for the first time, raised the possibility of canceling agreements in their most recent filing. Massachusetts selected nearly 2.7 GW of offshore power in the 2024 solicitation across three projects....

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Shipbuilding

WSF ferry

Eastern Shipbuilding Wins Contract to Build Hybrid-Electric Ferries for WSF

  A milestone has been achieved in plans to modernize and restore service for Washington State Ferries (WSF) with Florida-based Eastern Shipbuilding being awarded a contract to build three passenger RoRo ferries. The state says the process was its first competitive bid for ferry construction in more than 25 years, and will further contribute to the efforts to bring service back to pre-pandemic levels. Washington Governor Bob Ferguson announced that after a year-long competitive bidding process that attracted interest from...

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Environment

hydrogen fueled vessel

Norway Provides $76M in Grants to Advance Hydrogen and Ammonia Ships

Norway continues to support the advancement of a broad range of new technologies that it points out will both contribute to maritime decarbonization while also creating new industries and jobs for Norway. The Enova program announced its fourth round of grants, providing a total of approximately $76 million for projects advancing hydrogen and ammonia as fuels for ships, as well as the establishment of facilities for storing ammonia. Enova SF is owned by Norway’s Ministry of Climate and...

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Business

Avondale Global Gateway

Host Acquires Transmarine Creating the U.S.’s Largest Tramp Ship Agency

  T. Parker Host, already a leading U.S. maritime agency and terminal services provider, acquired Transmarine Navigation Corporation, a West Coast ship agency. Combined, they report the operations will be the largest tramp ship agency in the United States. Host, which marked its 100th anniversary in 2023, is based in Louisiana and transformed the former Avondale Shipyard into its home base as the Avondale Global Gateway. Transmarine, headquartered in Long Beach, California and is well-known on the West Coast. “This...

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