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ONEX Undertaking Second Phase of Expansion of Greek Shipyard at Syros

ONEX Undertaking Second Phase of Expansion of Greek Shipyard at Syros

By The Maritime Executive
October 20, 2025
The U.S. equity firm ONEX outlined its second phase of investments in its Greek shipyards while hosting a visit by the Greek Minister of Development Takis Theodorikakos at the Neorion Shipyard on th...
Passenger Tax Causes Iceland’s Cruise Business to Decline

Passenger Tax Causes Iceland’s Cruise Business to Decline

By The Maritime Executive
October 20, 2025
Cruise Iceland, which was set up to promote the country for cruise tourism, is warning that a government head tax imposed in 2025 is driving away the cruise lines. The group highlights that bookings...
Decarbonization Focus Moves to MEPC Working Group After IMO’s Delay

Decarbonization Focus Moves to MEPC Working Group After IMO’s Delay

By The Maritime Executive
October 20, 2025
  The IMO’s Intersessional Working Group on the Reduction on Greenhouse Gas Emissions from Ships convened as scheduled today, October 20, as the shipping industry remains confused over last week’s...
Russia Intensifies Attack on Ukraine’s Ports and Railways Hitting Logistics

Russia Intensifies Attack on Ukraine’s Ports and Railways Hitting Logistics

By The Maritime Executive
October 20, 2025
  Ukrainian officials are reporting that Russia has intensified its attacks on the country’s logistics network to disrupt the flow of goods. Overnight, Russia targeted the ports' system as well as...
World’s Largest FPSO Achieves First Oil at Brazil’s Bacalhau Field

World’s Largest FPSO Achieves First Oil at Brazil’s Bacalhau Field

By The Maritime Executive
October 19, 2025
  A floating production storage and offloading vessel (FPSO) that is being touted as one of the largest and most modern in the world has achieved first oil production in the Bacalhau field in Brazi...
Chinese Shipyard Launches First Two Large Ammonia-Fueled Bulkers

Chinese Shipyard Launches First Two Large Ammonia-Fueled Bulkers

By The Maritime Executive
October 19, 2025
Construction is proceeding on the first large ammonia-fueled bulkers, which were ordered by CMB.TECH for Bocimar, its operator of dry bulk carriers. The ships are being built in China, and when deli...
ABS Acquires Maritime Training Firm MetaSHIP from Orka Informatics

ABS Acquires Maritime Training Firm MetaSHIP from Orka Informatics

By The Maritime Executive
October 19, 2025
[By ABS] In a landmark deal to deliver immersive, next-generation training at scale to the maritime industry, ABS has signed an agreement to purchase the MetaSHIP intellectual property and related...
Korean Port Receives First Containership in 57 Years with New China Route

Korean Port Receives First Containership in 57 Years with New China Route

By The Maritime Executive
October 19, 2025
  South Korea’s Jeju Port celebrated the opening of a new trade route to China, which also marked the first arrival in 57 years of a containership to Jeju. The semi-autonomous island, which lies to...
China's PLA Navy Dismissed Admirals in Senior-Level Purge

China's PLA Navy Dismissed Admirals in Senior-Level Purge

By The Maritime Executive
October 19, 2025
  Three senior People’s Liberation Army (PLA) Navy officers were among a group of nine Four Star officers whose dismissal was announced by the Chinese Ministry of Defense on October 17. Admiral...
Report: EU to Work With Flag States to Increase Shadow Tanker Inspections

Report: EU to Work With Flag States to Increase Shadow Tanker Inspections

By The Maritime Executive
October 19, 2025
The diplomatic arm of the European Union is reported to be working on a new plan to further increase the inspections of the shadow tanker fleet that supports the Russian energy industry, according t...

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