Thursday, November 20, 2025
Media Kit
Piraeus Greece container terminal

China Denounces US Suggestion for Greece to Sell COSCO’s Piraeus Concession

MORE TOP STORIES
Bosphorus Turkey

Turkey Detains Officer After Poisoning Incident on Tanker

Published Nov 20, 2025 5:38 PM by The Maritime Executive

The chief officer working aboard a Turkish-owned tanker is being detained as the authorities investigate a poisoning incident. One crewmember was killed and two others remain in critical condition due to a buildup and release of toxic gases aboard the vessel, which was anchored in the Sea of Marmara. The emergency call went out at approximately 1730 on November 19, reporting that one crewmember had collapsed, and two others were injured. The Turkish Coast Guard responded along with...

Continue Reading...
Welding robots at work on a panel at HD Hyundai (HD Hyundai)

HD Hyundai Becomes First Yard Ever to Build 5,000 Ships

Published Nov 20, 2025 3:26 PM by The Maritime Executive

  HD Hyundai has passed a major milestone with the delivery of its 5,000th ship, making it the most prolific shipbuilder in history - all in just 50 years.  The total count came mostly from HD Hyundai's main yard (HHI), but HD Hyundai Mipo and HD Hyundai Samho together account for a bit less than half. Stacked bow-to-stern, the line of HD Hyundai's delivered ships would extend from Seoul all the way to Tokyo, the yard said.  "Our 5,000-vessel milestone...

Continue Reading...
Trump lease areas

New U.S. Offshore Oil and Gas Plan Opens High Arctic Waters for Drilling

Published Nov 20, 2025 3:10 PM by The Maritime Executive

  The U.S. Department of the Interior has announced that it is withdrawing the Biden-era offshore leasing plan for 2024-29 and instituting a new plan.  The proposal puts forward a schedule for as many as 34 lease sales covering 1.27 billion acres. The proposed areas cover waters off the coast of Alaska, the U.S. Gulf and California. The map includes some novel new additions that depart from recent policy. The first is a new "High Arctic" lease area in the...

Continue Reading...
shadow tanker inspections

EU Says Going After Russia’s Shadow Fleet Remains a Priority

Published Nov 20, 2025 3:05 PM by The Maritime Executive

European leaders continue to work to increase the pressure on Russia with the shadow fleet and cutting Russia’s revenues from oil remaining a high priority. The EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, told reporters the EU’s plan is to continue to weaken Russia, saying the sanctions are working. Speaking to reporters are the end of the monthly Foreign Affairs Council session, Kallas said the next steps the EU is exploring include pre-boarding agreements...

Continue Reading...
FEATURED STORIES
BLOGS
PODCASTS
MORE STORIES BY CATEGORY

Offshore

offshore wind farm Denmark

Denmark Adds Subsidies as it Takes New Try at Offshore Wind Farm Tender

The Danish Energy Agency returned to the market for offshore wind farms, announcing the opening of a new round of tenders for three projects, which will run through 2028. It comes after the country failed to receive bids in a 2024 round and incorporates revisions based on the input from the market. While it was not unexpected based on changes in the market, the agency still said it was disappointed in December 2024 when it failed...

Continue Reading...

Shipbuilding

Welding robots at work on a panel at HD Hyundai (HD Hyundai)

HD Hyundai Becomes First Yard Ever to Build 5,000 Ships

  HD Hyundai has passed a major milestone with the delivery of its 5,000th ship, making it the most prolific shipbuilder in history - all in just 50 years.  The total count came mostly from HD Hyundai's main yard (HHI), but HD Hyundai Mipo and HD Hyundai Samho together account for a bit less than half. Stacked bow-to-stern, the line of HD Hyundai's delivered ships would extend from Seoul all the way to Tokyo, the yard said.  "Our 5,000-vessel milestone...

Continue Reading...

Environment

derelict cargo ship used for drug smuggling

Video: Florida Reefs Abandoned Cargo Ship Used by Smugglers

Officials in Florida came up with a novel way to dispose of a small cargo ship that was seized more than a decade ago while smuggling cocaine. The vessel, which was last known as the Borocho, was added to the state’s artificial reef program. The saga of the vessel, which was built in 1977 in Japan, began in September 2014 when the U.S. Coast Guard cutter Bear was on patrol in the Caribbean. The USCG identified the vessel...

Continue Reading...

Business

vessel in dry dock

“Pay as You Save” Model Launched to Encourage Green Refits

The financial community is partnering with the Global Centre for Maritime Decarbonization to launch a novel financing mechanism, which they believe will help to overcome the barriers slowing retrofits of ships to make them more efficient and reduce emissions. They point out that uncertainty over the fuel savings, difficulties in predicting ROI, and the split-incentive issues between shipowners and charters are some of the key barriers to these refits, and which they believe they can overcome with their...

Continue Reading...