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Former DSME Employee Allegedly Leaked Submarine Secrets to Taiwan

By The Maritime Executive

January 4, 2024

South Korea has charged two people including a former employee of Daewoo Shipbuilding & Marine Engineering (DSME) for their involvement in leaking details and blueprints of its submarines to Taiw...

Study: 75% of the World's Fishing Activity is Invisible on AIS

By The Maritime Executive

January 4, 2024

The "dark fleet" of vessels operating off AIS is much bigger than usually conceived, particularly in some regions, according to a new study led by Global Fishing Watch. AIS was intended as a safety...

The Van Oord Family Business: From Wickerwork to Global Player

By Cornelis Kamminga

January 4, 2024

Govert van Oord (1840-1912) was a wickerworker, like his father Jan. In the Dutch Biesbosch, willow branches were sawn and bundled into cradles. Other companies wove sinkers from those cradles fo...

Suez Canal Volume Down by a Quarter in Second Half of December

By The Maritime Executive

January 4, 2024

The International Monitory Fund’s PortWatch system designed to explore how global supply chains are exposed to present and future disruptions, is labeling the Suez Canal as a “notable chokepoint”...

Op-Ed: The EU ETS is an Opportunity to Create Genuine Change

By Søren Meyer

January 4, 2024

Shipping’s inclusion in the EU Emissions Trading System (EU ETS) has created countless conversations over the past 12 months, as the industry prepares to comply with the new regulation. The EU ETS i...

Japan’s Largest Offshore Wind Farm Starts Commercial Operations

By The Maritime Executive

January 4, 2024

Japan’s largest commercial wind farm and one of the very first to be completed offshore was commissioned near Hokkaido, the northernmost of Japan’s main islands. Located on the west side of the i...

Repercussions of Red Sea Turmoil Mount as Box Rates Jump 60% in One Week

By The Maritime Executive

January 4, 2024

Spot freight rates are the leading indicator of the mounting repercussions from the ongoing disruptions to the shipping industry due to the security problems in the Red Sea. With the attacks cont...

Defying Western Threats, Houthis Launch Drone Boat Attack in Red Sea

By The Maritime Executive

January 4, 2024

Less than a day after a Western coalition threatened them with "consequences," Yemen's Houthi militants launched a suicide drone boat attack in the Red Sea, an American official said Thursday. The...

SHI Contracts Hanwha Ocean to Provide Blocks for Shipbuilding Projects

By The Maritime Executive

January 4, 2024

Hanwha Ocean has reportedly entered into a deal to build blocks for Samsung Heavy Industries in a unique cooperation that for the first time sees two of South Korea’s largest builders working tog...

Ongoing Incident: Bulker Boarded off Somalia

By The Maritime Executive

January 4, 2024

In a still developing situation, an identified merchant vessel is reporting that it has been boarded in the Arabian Sea between Somalia and Yemen. The United Kingdom Maritime Trade Organizations...

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