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GAO: U.S. Navy Wasted $2B on Failed Cruiser Modernization Effort

GAO: U.S. Navy Wasted $2B on Failed Cruiser Modernization Effort

By The Maritime Executive
December 17, 2024
  The U.S. Navy ended up wasting nearly $2 billion on four aging cruisers because of poor planning, lax oversight and an unwillingness to hold private-sector contractors accountable for mistakes, a...
EU Extends Horn of Africa/Indian Ocean Maritime Security Mission to 2027

EU Extends Horn of Africa/Indian Ocean Maritime Security Mission to 2027

By The Maritime Executive
December 16, 2024
  The European Council decided to prolong the mandate of the EU Naval Force Operation ATALANTA and the EU's military training mission in Somalia (EUTM Somalia) in part due to the instability in the...
Op-Ed: In 2024, LNG Solidified Its Role in Shipping's Decarbonization

Op-Ed: In 2024, LNG Solidified Its Role in Shipping's Decarbonization

By Steve Esau
December 15, 2024
  Over the past few months we have seen a resurgence of investment in vessels fuelled by LNG. The IMO's targets for 2030, and furthermore 2050 have placed increased urgency on the shipping industry...
Shipowners Need to Prepare for the HKC Hazardous Materials Inventory

Shipowners Need to Prepare for the HKC Hazardous Materials Inventory

By Pim Versteegt, Capt. Jos Geene, Ersi Zacharopoulou and Lisa Drake
December 11, 2024
  On June 26, 2025—right around the corner—the International Maritime Organization's (IMO) Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Co...
Stevedore Firm to Take Over Oregon’s Only Large Container Terminal

Stevedore Firm to Take Over Oregon’s Only Large Container Terminal

By The Maritime Executive
December 9, 2024
  Months after threatening to suspend container operations due to mounting financial losses, the Port of Portland (Oregon) has reached a framework agreement for the future management of the state’s...
MSC Criticized for South Asian Demolition Sales

MSC Criticized for South Asian Demolition Sales

By The Maritime Executive
December 8, 2024
  An environmental and human rights campaign group has asked MSC to change its ship recycling policy. The NGO Shipbreaking Platform, a global coalition of advocacy groups focused on shipbreaking pr...
Forecast: China is Taking Steps to Dominate Shipbuilding for Decades

Forecast: China is Taking Steps to Dominate Shipbuilding for Decades

By The Maritime Executive
December 6, 2024
China is plotting to dominate the shipbuilding industry for decades to come says Greek shipbroking and shipping services firm Intermodal Group. In a new analysis of the shipbuilding industry, Interm...
FMC Delays Approval of New Alliance Between ONE, HMM, and Yang Ming

FMC Delays Approval of New Alliance Between ONE, HMM, and Yang Ming

By The Maritime Executive
December 6, 2024
FMC Delays Approval of New Alliance Between ONE, HMM, and Yang Ming The Federal Maritime Commission announced on Friday, December 6, that it is deferring the approval of the new alliance planned by...
FMC Investigating Reports Maersk Line Ships Were Denied Port Calls in Spain

FMC Investigating Reports Maersk Line Ships Were Denied Port Calls in Spain

By The Maritime Executive
December 5, 2024
  The U.S. Federal Maritime Commission is starting an investigation and seeking information after reports that Spain denied requests for port calls by Maersk Line, Ltd. ships operating under the Ma...
Damen RSD Tug 2513 Named Med Aldebaran in Tug Malta Ceremony

Damen RSD Tug 2513 Named Med Aldebaran in Tug Malta Ceremony

By The Maritime Executive
December 5, 2024
[By: Damen Shipyards Group] On December 4th, Tug Malta held a naming ceremony for its latest vessel, a Damen RSD Tug 2513, in Malta. During a celebration attended by the Prime Minister of Malta Rob...

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