Business News

Largest Ship Repair Yard in East Africa Inaugurated in Djibouti

Published Apr 6, 2026 7:33 PM by The Maritime Executive

Officials in Djibouti officially inaugurated the Djibouti Ship Repair Yard on April 4, marking what they called a milestone in the...

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On-Demand Manufacturing: A New Direction for Marine & Energy Parts Sourcing

Published Apr 5, 2026 8:01 PM by Haakon Ellekjaer

For decades, global supply chains operated with predictable lead times and stable delivery expectations. End users ordered parts f...

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Insurer Pays Out $350M to Dali’s Owner/Operator Before Trial Starts

Published Apr 3, 2026 8:37 PM by The Maritime Executive

The insurance company that underwrote the coverage for Maryland on the Francis Scott Key Bridge in Baltimore reported to the court...

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MARAD Increases Funding for Grants for Small Shipyards

Published Mar 31, 2026 7:17 PM by The Maritime Executive

The Maritime Administration (MARAD) reported that it is increasing the funding pool available for the 2026 grants in the Small Shi...

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MOL and Hitachi to Study Converting Old Ships to Floating Data Centers

Published Mar 30, 2026 6:20 PM by The Maritime Executive

Japan’s Mitsui O.S.K. Lines and Hitachi plan to explore the use of old ships as a means of meeting the strong demand and technical...

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Cyber Risk in Shipping: From Technical Threat to Business Reality

Published Mar 30, 2026 2:12 PM by Taher Afridi

Cybersecurity in shipping is still too often framed as a technical issue, something for IT teams to manage in the background. From...

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Norwegian Cruise Line Holdings and Activist Investor Agree to Board Change

Published Mar 27, 2026 9:20 PM by The Maritime Executive

Norwegian Cruise Line Holdings, the public parent company of the cruise lines, has reached a “cooperation agreement” with activist...

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Hapag Issues Difficult Outlook Saying War is Creating Unsustainable Burden

Published Mar 26, 2026 10:32 PM by The Maritime Executive

Hapag-Lloyd became the first of the major carriers to offer a glimpse into the impact the industry faces as the war with Iran cont...

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Hutchison Expands Arbitration Claims Beyond $2B Against Panama

Published Mar 25, 2026 6:04 PM by The Maritime Executive

The ongoing battle between CK Hutchison’s Panama Ports Company and the government of Panama has reportedly been “escalated beyond...

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Survey: Shipowner Sentiment Has Refocused on Managing Uncertainty

Published Mar 25, 2026 3:12 PM by The Maritime Executive

Shipowners are waiting for clarity on the future of decarbonization, according to the results of a new executive survey from Wärts...

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