Sunday, January 11, 2026
MORE TOP STORIES
GHD

Navigating Port Funding Uncertainty: Adaptation Unlocks Opportunities

Published Jan 11, 2026 12:36 PM by Michael Vanderbeek and Rebecca Crow

The port funding landscape has shifted dramatically as federal discretionary grants become less predictable and debt capacity reaches its limits. Successful ports are adapting by diversifying funding sources, embracing innovative partnerships and developing strategic approaches that align projects with evolving political priorities. The key is building flexibility into funding strategies while maintaining focus on long-term operational needs. The new funding reality Port financing has undergone a fundamental transformation over the past two decades. What began as straightforward debt financing based...

Continue Reading...
multi-gas/LCO2 carrier

World’s First Large LCO2/Multi-Gas Carrier Delivered to Capital

Published Jan 11, 2026 11:29 AM by The Maritime Executive

The first large capacity vessel designed to support the efforts for the capture, transport, and storage or reuse of CO2 has been completed, marking a new segment for shipping. The vessel, which has a capacity of 22,000 cubic meters, is designed for charter operations and can move seamlessly between LCO2 transport and gas cargos, including LPG, ammonia, and selected petrochemicals. Greece’s Capital Maritime Group launched the new operation known as Capital Clean Energy Carriers to develop the emerging market. It...

Continue Reading...
container imports

Container Imports to U.S. Expected to Remain Down Till Spring Says Retailer

Published Jan 9, 2026 9:12 PM by The Maritime Executive

The National Retail Federation issued its first outlook for 2026 imports, saying that it believes retailers are assessing what is ahead for 2026 and, as such, import levels are expected to remain down year-over-year until at least spring. While they expect a slight increase this month due to the change in timing of the Lunar New Year holiday in Asia, the retail trade group expects overall import levels will be down five percent year-over-year for the first five months of...

Continue Reading...
South East Asia pirates

Piracy Surged in 2025 Around Singapore, but ReCAAP Sees Positive Indicators

Published Jan 9, 2026 6:27 PM by The Maritime Executive

After multiple warnings throughout the year about the dramatic increase in piracy around Singapore, the monitoring operation ReCAAP Information Sharing Centre, in its year-end report, highlights that the surge peaked at mid-year with the arrest of some perpetrators. It cautions that the rate remains high, however, while it is mostly low-level thefts. Overall, there was a 74 percent increase in reports of piracy and robbery in the area around the Singapore Strait and the Straits of Malacca (SOMS), according to...

Continue Reading...
MORE STORIES BY CATEGORY

Offshore

iStock

Taiwan Refocuses Offshore Wind Tenders to Maximize Viability

For the upcoming Round 3.3 offshore wind auction, Taiwan has proposed a raft of measures geared towards improving project viability. In 2025, the offshore wind sector proved rather turbulent, with multiple projects globally failing to reach final investment decision. To counter these challenges, Taiwan has signaled a change in policy guiding allocation of offshore wind capacity going forward. Last week, the Ministry of Economic Affairs (MOEA) held a public consultation on draft rules for Round 3.3. Although a consensus is...

Continue Reading...

Shipbuilding

HavocAI

Hanwha Defense and HavocAI Team Up on Midsize Unmanned Vessels

Korean industrial conglomerate Hanwha has been expanding its portfolio of projects in the U.S. naval and defense space, and on Thursday it announced a new agreement with an American autonomous-vessel company to compete in the medium-sized unmanned warship space. The deal pairs Hanwha Defense USA and Hanwha Systems with HavocAI, a two-year-old startup run by two Navy veterans. Jointly, the firms will explore building a 200-foot-long autonomous surface vessel, and Hanwha Philly Shipyard is under consideration as the place of...

Continue Reading...

Environment

Coral

Researchers Say the Oceans Have Passed a Milestone for Acidification

[By Anna Napolitano] The past 12 months have been worrying for researchers who study the chemistry of the ocean. More and more evidence has been published showing that human activities are fundamentally altering this chemistry in an acidic direction. At the end of 2025, it seems clear ocean acidification is pushing the largest habitat on Earth into a risky zone. Ocean acidification is part of the global carbon cycle. When carbon dioxide dissolves in water, it forms carbonic acid. This...

Continue Reading...

Business

Hanwha Philly Shipbuilding drydock construction

Report: Hanwha Ocean Looks to Expand in US with Possible Second Shipbuilder

During an exclusive interview with The Wall Street Journal, an executive for Hanwha Defense said the company continues to actively discuss options to expand the Philly Shipyard operation, as well as possibly purchasing a second shipyard in the United States. The South Korean company, the exclusive report said, looks to increase capacity to realize the strong opportunities coming from the Trump administration. The article reports that Hanwha is already in “active conversation” with the Pentagon for potential deals. It cites...

Continue Reading...