Sunday, December 07, 2025
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fire-damaged sanctioned tanker off Bulgaria

Shadow Tanker Mystery Continues as Crew Waits for New Tow off Bulgaria

Published Dec 6, 2025 10:25 AM by The Maritime Executive

Bulgarian authorities are still trying to understand the situation with the fire-damaged tanker Kairos, which washed up on their shores on Friday, December 5, during a storm in the Black Sea. The vessel was heavily damaged by an attack a week ago by the Ukrainians while it was underway near Turkey, and now it is on the Bulgarian shores with a skeleton crew aboard. Contact has been established with the 10 people aboard the vessel, and after initially...

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Royal Navy warship HMS Lancaster

HMS Lancaster Sails Into The Sunset After Nearly 35 Years of Service

Published Dec 5, 2025 10:10 PM by The Maritime Executive

  The UK Ministry of Defence has broken its silence and confirmed that the Type 23 frigate HMS Lancaster (F229) is within days of retirement, having been forward-deployed in Bahrain since 2022. After a period when it was unclear where HMS Lancaster was or what it was doing, Vice Admiral Steve Moorhouse, the Royal Navy's Fleet Commander and a former commanding officer of HMS Lancaster, broke the news that the ship is to be retired shortly, and...

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Yemen

Bulker Exchanges Shots with Skiffs off Yemen

Published Dec 5, 2025 10:10 PM by The Maritime Executive

A bulker southbound in the Red Sea reported to authorities that it had been approached and exchanged gunshots with the unknown boats. The ship is safe and continuing on its way while analysts speculate over the events. The Barbados-flagged vessel Bobik (31,896 dwt) reported the incident to UK Maritime Trade Operations early on December 5. The vessel is Turkish-owned and reports coming from Georgia after having made a port call in Ukraine. The ship was built in 2006...

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Courtesy Saronic

At WorkBoat 2025, Cost Control Takes Center Stage

Published Dec 5, 2025 6:45 PM by The Maritime Executive

  American operators often get sticker shock when pricing out new vessel tonnage these days, and at WorkBoat 2025, vessel affordability was at the top of the agenda. How can yards bring down the cost of construction, and how can owners, naval architects and engineers write specs for value - not just perfection? TME asked around the show to find out, and came away with a few answers - some well-known, some less so.  Well-known solutions First, there are a few...

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MORE STORIES BY CATEGORY

Offshore

German offshore wind farm

Wind Farm to Power Amazon and Google Sends First Power to German Grid

  The Borkum Riffgrund 3 offshore wind farm started feeding its first power to the German grid on December 3. The wind farm marks another milestone both for Germany and the EU, becoming the largest offshore wind farm in Ørsted’s German portfolio and one that has contracted more than four-fifths of its power with long-term corporate power purchase agreements. Located about 45 miles off the German coast in the North Sea, the project is being developed in a partnership between...

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Shipbuilding

Courtesy Saronic

At WorkBoat 2025, Cost Control Takes Center Stage

  American operators often get sticker shock when pricing out new vessel tonnage these days, and at WorkBoat 2025, vessel affordability was at the top of the agenda. How can yards bring down the cost of construction, and how can owners, naval architects and engineers write specs for value - not just perfection? TME asked around the show to find out, and came away with a few answers - some well-known, some less so.  Well-known solutions First, there are a few...

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Environment

Maersk containership

Maersk is Proceeding with Ethanol Tests After First Successful Trial

  Maersk reports it completed a first, successful trial of blending ethanol into methanol to create an alternative fuel for its vessels. It plans to proceed with increased levels of ethanol and 100 percent ethanol tests as it explores steps to enlarge the availability and sourcing pool for alternative fuels for its dual-fuel vessels. One of the challenges Maersk and other shipowners have pointed to is the availability of methanol and other alternative fuels and the ability of suppliers to...

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Business

HMM containershp

Renewed Speculation of Potential Bidders to Acquire HMM

  Korean media reports suggest that there continues to be exploration over the possible privatization of container carrier HMM, nearly two years after a prior attempt collapsed. According to Korea’s Maeil Business Newspaper group, the food and logistics giant Dongwon Group has decided to renew its exploration to formulate an offer for the company. Next year will mark a decade since the government stepped in to rescue Hyundai Merchant Marine. It took majority ownership through the Korea Development Bank and...

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