Business News
Japan Suspends Kawasaki Heavy Industries for Submarine Engine Data Fraud
The Japanese Ministry of Defense announced a series of steps it is taking after investigations confirmed that Kawasaki Heavy Indus...
Read More >>Happy Holidays From the Team at The Maritime Executive
Season's greetings from The Maritime Executive! Thank you for visiting our website, subscribing to our newsletter and reading our...
Read More >>Takeover Offers Prompt Debate Over ZIM's National Security Role
Shares in Israeli container line ZIM soared in value on Tuesday after the company's board said that it is evaluating a possible pr...
Read More >>Product Tanker Giant Hafnia Launches Plan for Mega-Merger with Torm
World-leading product tanker company Hafnia has purchased a large block of shares in competitor Torm, and has signaled plans to pu...
Read More >>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 milesto...
Read More >>Report: Instability Costs Western Indian Ocean Economy $1.1B a Year
The Western Indian Ocean (WIO) continues to see a rise in maritime threats, with Red Sea security remaining uncertain throughout 2...
Read More >>Shaping Class for the Future
This has been a significant year for ClassNK and for Hayato Suga, who stepped up to the role of President & CEO in March. Drawing...
Read More >>From Digitalization to Automation: 2026 Will Redefine Maritime Operations
This year has marked a major leap forward in maritime digitalization, driven by rapid advances in AI and a surge in tools supporti...
Read More >>Report: “Intractable Impasse” in Hutchison-BlackRock-MCS Deal Due to China
A new report indicates that with negotiations dragging on for months, the sale of Hutchison’s international terminal operations to...
Read More >>Drew Marine Insights Tour: Connecting Expertise with Shipboard Challenges
In an era of digital communication and AI, real relationships with real people still drive real progress. In maritime, practical k...
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