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U.S. Navy Plans Deep Review of Shipbuilding Delays

U.S. Navy Plans Deep Review of Shipbuilding Delays

By The Maritime Executive
January 15, 2024
Following news that a next-generation frigate will be delayed, the U.S. Navy has announced a top-level review of its shipbuilding programs. Workforce challenges have plagued many American manufacturer...
Germany Inches Towards Shipping-Defense Mission for the Red Sea

Germany Inches Towards Shipping-Defense Mission for the Red Sea

By The Maritime Executive
January 14, 2024
After much prodding from domestic business interests, the German government has announced that it will join a naval mission to protect shipping in the Red Sea, which has been substantially disrupted b...
Nakilat Orders $1B Worth of LNG and LPG Carriers

Nakilat Orders $1B Worth of LNG and LPG Carriers

By The Maritime Executive
January 9, 2024
Qatar's LNG transport operator, Nakilat, has reached a deal with Hyundai Heavy Industries for two standard-sized LNG carriers and four very large ammonia/LPG carriers.  The newbuilds will have the...
KVH Expands Multi-Orbit Hybrid Network with Eutelsat OneWeb Network

KVH Expands Multi-Orbit Hybrid Network with Eutelsat OneWeb Network

By The Maritime Executive
January 9, 2024
[By: KVH Industries, Inc.] KVH Industries, Inc. (Nasdaq: KVHI) today announced a distribution partnership agreement with LEO connectivity provider Eutelsat OneWeb. Under the terms of the deal, KVH...
Maersk’s APM Sells Spanish Terminal to AD Ports to Consolidate Operations

Maersk’s APM Sells Spanish Terminal to AD Ports to Consolidate Operations

By The Maritime Executive
January 3, 2024
  Spain’s Castellón terminal, operated by Maersk’s APM Terminals for the past eight years, is being sold to AD Ports in a transaction designed to consolidate the operation of terminals in Spain. AP...
Pandemic-Era Container Line Startup Files for Liquidation

Pandemic-Era Container Line Startup Files for Liquidation

By The Maritime Executive
December 27, 2023
Italian startup container line Kalypso has decided to file for bankruptcy procedures, according to local media, following a collapse in freight rates and the disruption of its services to Israel. ...
RWE Acquires Three UK Offshore Wind Projects from Vattenfall in $1.2B Deal

RWE Acquires Three UK Offshore Wind Projects from Vattenfall in $1.2B Deal

By The Maritime Executive
December 21, 2023
  Vattenfall has agreed to sell three of its offshore wind farm projects which were in a late stage of development to RWE in a deal that values the wind zone at approximately $1.2 billion. The comp...
BAE's Sub Workforce Problems May Foreshadow Difficulties for AUKUS

BAE's Sub Workforce Problems May Foreshadow Difficulties for AUKUS

By The Strategist
December 17, 2023
[By Samuel Garrett] Senior officials in Australia, the United States and the United Kingdom continue to sing the praises of the AUKUS agreement. The likely passage of the US National Defense Author...
Danish and Norwegian Dockworkers to Join Swedish Strike Against Tesla

Danish and Norwegian Dockworkers to Join Swedish Strike Against Tesla

By The Maritime Executive
December 6, 2023
  The unions representing dockworkers in Danish and Norwegian ports as well as the workers who transport cars plan to refuse to handle Tesla automobiles bound for Sweden in sympathy strikes support...
MSC Continues Acquisition Spree Making Offer for Freight Forwarder Clasquin

MSC Continues Acquisition Spree Making Offer for Freight Forwarder Clasquin

By The Maritime Executive
December 5, 2023
  MSC Mediterranean Shipping Company is continuing to move aggressively to expand its operations through strategic acquisitions as well as investments in its fleet. In its latest maneuver, it was r...

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