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Russian Oligarch's Megayacht to be Auctioned Off

Russian Oligarch's Megayacht to be Auctioned Off

By The Maritime Executive
August 5, 2025
  The U.S. government has reached the end of the long process to forfeit and auction off the seized Russian megayacht Amadea, which was captured by the FBI in Fiji and sailed back to San Diego in c...
EU Approves €11 Billion French Program to Aid Offshore Wind Energy

EU Approves €11 Billion French Program to Aid Offshore Wind Energy

By The Maritime Executive
August 5, 2025
  The European Commission approved a €11 billion (US$12.7 billion) French program designed to support offshore wind energy and accelerate the transition to clean energy. While the EU has strict rules...
China Reports Fast Response to Containership Fire

China Reports Fast Response to Containership Fire

By The Maritime Executive
August 5, 2025
China’s Ministry of Transport is highlighting its fast response to reports of a container fire aboard a foreign-flagged ship far out to sea. They are reporting thanks to a well-organized response, t...
UK Funds Demonstration of Ammonia-Fueled High Temperature Engine

UK Funds Demonstration of Ammonia-Fueled High Temperature Engine

By The Maritime Executive
August 5, 2025
  A demonstration project for the development of an ammonia-fueled engine has been selected for the UK's Clean Maritime Demonstration Competition, according to sponsor MOL. The project is led by Ca...
Austal Launches Defense Shipbuilding Australia with Government Nod

Austal Launches Defense Shipbuilding Australia with Government Nod

By The Maritime Executive
August 5, 2025
In what management is calling a “defining moment” for the company, Austal and the Government of Australia have agreed on terms for a Strategic Shipbuilding Agreement. It took nearly two years to rea...
Sanctions Have Not Slowed the Growth of the Shadow Fleet

Sanctions Have Not Slowed the Growth of the Shadow Fleet

By The Maritime Executive
August 5, 2025
  The shadow fleet of sanctions-busting tankers has grown to more than 1,100 vessels and has been adding about one ship a day for the last six months, according to brokers BRS. Fully 18 percent of...
Houthis Reveal Tracking of Shipping Between Israel, Egypt and Turkey

Houthis Reveal Tracking of Shipping Between Israel, Egypt and Turkey

By The Maritime Executive
August 5, 2025
The Houthis continue their demand that all shipping be stopped into and out of Israel as part of their so-called blockade of Israeli ports. In their latest move, the militants revealed they are trac...
USCG Finds Glaring Failures on Sub Titan, Calling Implosion "Preventable"

USCG Finds Glaring Failures on Sub Titan, Calling Implosion "Preventable"

By The Maritime Executive
August 5, 2025
  Two years after the implosion of the submersible Titan that killed five people on their way to explore the wreck of the Titanic, the U.S. Coast Guard’s Marine Board of Investigation issued its fi...
AI Pilot-Assist Technology Has Arrived on the Mississippi River

AI Pilot-Assist Technology Has Arrived on the Mississippi River

By The Maritime Executive
August 5, 2025
  The maritime autonomy developer Mythos AI has installed a pilot-assist system designed for inland waterway navigation on a working towboat operated by Southern Devall. The system will help with c...
HMM Confirms Talks to Acquire SK Shipping Have Broken Down

HMM Confirms Talks to Acquire SK Shipping Have Broken Down

By The Maritime Executive
August 5, 2025
HMM confirmed in a stock exchange announcement that its talks to acquire assets from SK Shipping have “finally broken down.” The company had been pursuing the acquisition as part of its strategy to...

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