Monday, May 05, 2025
Media Kit
WWII-era patrol boat

Philippines SINKEX Canceled After Target Goes Down Before First Shot

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Military escort Baltic

Exercise Moves Strategic Cargo in Baltic Demonstrating Escort Capabilities

Published May 5, 2025 5:23 PM by The Maritime Executive

  The Joint Expeditionary Force, a coalition of 10 European nations, recently demonstrated its skills and practiced coordination as it moved a strategic cargo through the Baltic region. The exercise known as Baltic Express involved warships from Denmark and Sweden, and a pair of RAF Typhoon fighter aircraft from 140 Expeditionary Air Wing, supported by strategic resources at key points in Northern Europe as  The 13,274 dwt UK sealift vessel MV Hartland Point, built in 2002, was loaded with more...

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FPSO Brazil

Equinor Sells Its Largest International Asset as it “High-Grades” Portfolio

Published May 5, 2025 4:36 PM by The Maritime Executive

Norway’s Equinor entered into an agreement to sell its interest in Brazil’s Peregrino field. Operating for nearly 15 years it was the company’s largest international asset while the move is part of a strategy to hone the company’s portfolio. PRIO, Brazil’s largest independent oil and gas company, and already a minority partner in the project will pay $3.35 billion and a maximum of $150 million in interest to acquire Equinor’s 60 percent interest in the project. Equinor is...

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offshore wind energy installation

18 States File Suit to Challenge Trump’s Order Pausing Wind Energy Licenses

Published May 5, 2025 3:20 PM by The Maritime Executive

  A wide-reaching coalition of states involved in offshore as well as onshore wind energy filed suit in federal district court on May 5 seeking to stop the implementation of the presidential executive order to suspend and review leasing for wind energy projects. They are calling the “blockade” on wind energy projects “unlawful,” and asked the District Court in Massachusetts to issue a preliminary injunction to immediately stop the administration from enforcing the freeze while the litigation proceeds. “This administration...

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An Israeli strike fighter pilot prepares to take off to hit targets in Hodeidah (IAF)

Israeli Air Force Hits Port of Hodeidah With Massive Airstrike

Published May 5, 2025 2:54 PM by The Maritime Executive

  One day after Yemen's Houthi rebels attacked Israel's Ben Gurion International Airport with a ballistic missile, the Israeli Air Force responded with a full-scale strike on the Port of Hodeidah, causing as-yet-unknown damage.  On Sunday, the single Houthi ballistic missile made it past Israel's advanced air defense system and landed near a road on the perimeter of Ben Gurion International Airport. It was far from the first time that the group had attempted a strike on this area, but...

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Offshore

offshore wind energy installation

18 States File Suit to Challenge Trump’s Order Pausing Wind Energy Licenses

  A wide-reaching coalition of states involved in offshore as well as onshore wind energy filed suit in federal district court on May 5 seeking to stop the implementation of the presidential executive order to suspend and review leasing for wind energy projects. They are calling the “blockade” on wind energy projects “unlawful,” and asked the District Court in Massachusetts to issue a preliminary injunction to immediately stop the administration from enforcing the freeze while the litigation proceeds. “This administration...

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Shipbuilding

USS Miguel Keith in Japanese shipyard

Japan’s Mitsubishi Shipyard Completes Largest Overhaul Contract for US Navy

  The U.S. Navy’s Lewis B. Puller-class expeditionary mobile base USS Miguel Keith recently completed a five-month Regular Overhaul but instead of undertaking it as a U.S. shipyard, it was completed at Japan’s Mitsubishi Heavy Industries (MHI) in Yokohama. It marks the first time a Japanese shipyard has bid on and won a contract of this scale for a U.S. Navy vessel and the Navy’s strategy of using international shipyards to keep critical vessels available in their assigned areas. The...

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Environment

hybrid ferry Aurora Botnia

Wasaline’s Aurora Botnia Slated for Biggest Ever Battery Retrofit

Finnish ship owner Wasaline is partnering with marine battery manufacturer AYK Energy to undertake the biggest battery retrofit so far carried out on a vessel. Built in 2021, Aurora Botnia which was already billed as one of the most efficient vessels will add a new battery system nearly five times as powerful as its current system and which is expected to reduce greenhouse gas emissions by approximately a quarter. Built at Rauma Marine Constructions, the hybrid ROPAX Ferry...

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Business

FPSO Brazil

Equinor Sells Its Largest International Asset as it “High-Grades” Portfolio

Norway’s Equinor entered into an agreement to sell its interest in Brazil’s Peregrino field. Operating for nearly 15 years it was the company’s largest international asset while the move is part of a strategy to hone the company’s portfolio. PRIO, Brazil’s largest independent oil and gas company, and already a minority partner in the project will pay $3.35 billion and a maximum of $150 million in interest to acquire Equinor’s 60 percent interest in the project. Equinor is...

Continue Reading...