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Thyssenkrupp Completes Spin Off of TKMS into Bullish Stock Market

Thyssenkrupp Completes Spin Off of TKMS into Bullish Stock Market

By The Maritime Executive
October 20, 2025
German conglomerate Thyssenkrupp completed the previously announced spin off of its marine shipbuilder TKMS today, October 20, as the market for marine defense manufacturers is booming. The parent c...
Sanctions Scuttle Lucrative Drilling Contract

Sanctions Scuttle Lucrative Drilling Contract

By The Maritime Executive
October 20, 2025
Dubai-based offshore drilling contractor Vantage Drilling is reporting that changes in the sanction programs have forced the cancellation of a lucrative contract. The company had not revealed the cl...
Famed Investment Firm KKR Makes $500M Bet on Container Leasing

Famed Investment Firm KKR Makes $500M Bet on Container Leasing

By The Maritime Executive
October 20, 2025
  The well-known and respected investment firm KKR announced it is committing $500 million to the launch of a new global marine container leasing and financing platform. Seeing strong opportunities...
Progress Reported on California-China Green Shipping Corridor

Progress Reported on California-China Green Shipping Corridor

By The Maritime Executive
October 20, 2025
U.S. and Chinese officials are reporting that good progress has been made in the early phases for the launch of the first green shipping corridor on the Pacific. The sponsors of the project highligh...
GIT Coatings Opens New Global Headquarters & Flagship Operations in Canada

GIT Coatings Opens New Global Headquarters & Flagship Operations in Canada

By The Maritime Executive
October 20, 2025
[By: GIT Coatings] GIT Coatings (Graphite Innovation & Technologies Inc.), a global leader in biocide-free, graphene-based marine coatings, proudly announced an additional $5M in EDC funding during...
Port Everglades Hosts Final Meeting for Master/Vision Plan Update

Port Everglades Hosts Final Meeting for Master/Vision Plan Update

By The Maritime Executive
October 20, 2025
[By: Port Everglades] Broward County's Port Everglades will host its final Master/Vision Plan Update meeting for the public and stakeholders on October 28, 2025, before the plan is presented to the...
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...

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