Thursday, January 29, 2026
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Second Ford-Class Carrier Heads Out on Builder's Trials

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ship recycling

Containership Demolition Hits 20-Year Low as Orderbook Continues to Grow

Published Jan 28, 2026 6:40 PM by The Maritime Executive

The disposal of container ships during 2025 remained at record low levels as the industry sought to maintain capacity in part due to the continued diversion from the Red Sea. In a new report, Alphaliner highlights that demolitions are now at 20-year lows. “The healthy container shipping market, with a high demand for tonnage and robust charter rates throughout the year have explained in great part shipowners' reluctance to dispose of their older tonnage, preferring instead to make the most...

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Pivdennyi

Russian Strike Damages Port of Pivdennyi

Published Jan 28, 2026 6:28 PM by The Maritime Executive

Russia has once again conducted a drone strike on the Ukrainian seaport of Pivdennyi, according to the Ukraine Sea Ports Authority, causing infrastructure damage. According to the authority, the strike damaged rail infrastructure and caused a fire. Ukraine's Deputy Prime Minister for Reconstruction, Oleksiy Kuleba, added that hangars, a locomotive and production buildings were damaged in the attack. Cleanup operations continued Wednesday, and the port remains in operation. Three were injured elsewhere in the region in a wave of Russian...

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containerships docking

MSC Assessed $22.67M in Civil Penalties by FMC for Shipping Act Violations

Published Jan 28, 2026 5:43 PM by The Maritime Executive

MSC Mediterranean Shipping Company was fined a total of $22.67 million in civil penalties for a series of Shipping Act violations, the Federal Maritime Commission reported. It is part of the FMC’s increased efforts at enforcement and a wave of new complaints it has received after the surge in shipping volumes during and after the COVID-19 pandemic, and the Shipping Act was updated by the U.S. Congress. The Commission’s Bureau of Enforcement, Investigations, and Compliance (BEIC), through its Offices of...

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Bandar Abbas Iran

Egypt Calls for Releasing Seafarers Held in Iran and Regional De-Escalation

Published Jan 28, 2026 4:44 PM by The Maritime Executive

Egypt’s Ministry of Foreign Affairs is calling for a de-escalation with Iran and across the regional while also reporting that Iran is holding four Egyptian seafarers. The statements from Egypt came as Donald Trump renewed his threats on social media against Iran, saying time is running out for a nuclear deal before more devastating strikes by the U.S. The Egyptian Interests Section in Tehran was directed to look into the reports of the seafarers after a video appeared online. The...

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Offshore

offshore wind farm

Vineyard Wind Gets Fourth Preliminary Injunction Against Stop-Work Order

A U.S. District Court Judge in Massachusetts became the fourth to award a preliminary injunction against the Trump administration’s stop-work orders on the offshore wind energy industry. Vineyard Wind 1 had gone to court in mid-January following Dominion Energy, Ørsted, and Equinor, each of which also received preliminary injunctions in their cases, leaving only Sunrise Wind to still be heard by the courts. Vineyard Wind 1, which is located approximately 15 miles south of Martha’s Vineyard and Nantucket, Massachusetts, is...

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Shipbuilding

car carrier launched

China Launches Largest Car Carrier for HMM-Hyundai Glovis Partnership

China’s Guangzhou Shipyard International last week floated out the largest car carrier in the world. The massive vessel surpasses the 10,000 unit mark, becoming the largest built in China after the yards turned out 9,500 unit vessels last year as part of the coming surge in the sector. The new vessel is also the first vehicle carrier built for South Korea’s HMM as part of its diversification strategy. HMM entered into long-term agreements with Hyundai Glovis, which will operate the...

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Environment

European ferries

Interferry Demands Pause for EU ETS Due to Inequities and Use of Funds

Interferry, the global trade association for the ferry industry, is calling for an immediate halt to the further phasing-in of the EU Emissions Trading System (ETS) for the maritime sector. The group is citing inequities and a severe competitive disadvantage as road transport remains exempt from the program. Further, it alleges that a lack of a funding scheme for e-fuels and investments such as electrification means the monies are instead being diverted to national member state budgets. The trade group...

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Business

containerships docking

MSC Assessed $22.67M in Civil Penalties by FMC for Shipping Act Violations

MSC Mediterranean Shipping Company was fined a total of $22.67 million in civil penalties for a series of Shipping Act violations, the Federal Maritime Commission reported. It is part of the FMC’s increased efforts at enforcement and a wave of new complaints it has received after the surge in shipping volumes during and after the COVID-19 pandemic, and the Shipping Act was updated by the U.S. Congress. The Commission’s Bureau of Enforcement, Investigations, and Compliance (BEIC), through its Offices of...

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