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After Six Years, CSSC Completes its Megamerger With CSIC

After Six Years, CSSC Completes its Megamerger With CSIC

By The Maritime Executive
September 4, 2025
  After years of preparation, the megamerger of Chinese shipbuilding giants CSSC and CSIC has finally been completed. Though the two enterprises have both been under CSSC's control since 2019, they...
Hanwha Sells $1B Worth of Stock in Hanwha Ocean to Fund U.S. Projects

Hanwha Sells $1B Worth of Stock in Hanwha Ocean to Fund U.S. Projects

By The Maritime Executive
September 4, 2025
  A holding company in South Korea's Hanwha Group has sold about $1 billion worth of shares in shipbuilder Hanwha Ocean, and it plans to reinvest the proceeds in its new U.S. projects.  Hanwha I...
China Unveils Large Shipboard Laser System for "Maritime Attack"

China Unveils Large Shipboard Laser System for "Maritime Attack"

By The Maritime Executive
September 4, 2025
  China's military has unveiled a previously-unseen laser weapons system at its massive parade in Beijing. The new LY-1 laser is designed for shipboard applications, but for the reveal, it was fiel...
Land-Based Tests Underway for Seawing Automated Kite System

Land-Based Tests Underway for Seawing Automated Kite System

By The Maritime Executive
September 4, 2025
Japan’s Kawasaki Kisen Kaisha (“K” LINE) reports its subsidiary Oceanic wing completed the first phase of land-based testing for the Seawing kite system. The company is continuing to pursue the comm...
Russia: First NSR International Boxship Route to Start as Box Volume Grows

Russia: First NSR International Boxship Route to Start as Box Volume Grows

By The Maritime Executive
September 4, 2025
  Russian officials are again highlighting the growth of shipping and specifically containership along the Northern Sea Route. In just 10 days, they expect the first containership following an inte...
Report: Korean Steel Giant POSCO is Exploring Acquiring Control of HMM

Report: Korean Steel Giant POSCO is Exploring Acquiring Control of HMM

By The Maritime Executive
September 4, 2025
Speculation is being renewed over the ownership fate of Korean shipping company HMM, a year and a half after the deal to sell the company collapsed. In an exclusive report, The Korean Economic Daily...
Leidos Develops Autonomous Commando Landing Craft for UK

Leidos Develops Autonomous Commando Landing Craft for UK

By The Maritime Executive
September 4, 2025
Leidos, the IT and defense tech company behind the Sea Hunter drone boat, has come up with an autonomous commando team delivery craft for the Royal Navy - a new and unusual application of naval autono...
Trump Nominates Two to Fill FMC Commissioner Vacancies

Trump Nominates Two to Fill FMC Commissioner Vacancies

By The Maritime Executive
September 4, 2025
The White House released the names of two Florida executives that it is nominating as commissioners to fill the vacancies on the Federal Maritime Commission. Currently, two seats are open after the...
Trump Administration Launches Int'l Training Program for Shipbuilders

Trump Administration Launches Int'l Training Program for Shipbuilders

By The Maritime Executive
September 4, 2025
  The U.S. Department of Labor has announced a small international skill-building program for American shipbuilding workers, designed to connect community colleges and technical schools in the U.S....
Ørsted and States File Lawsuits to Stop Trump’s Attack on Offshore Wind

Ørsted and States File Lawsuits to Stop Trump’s Attack on Offshore Wind

By The Maritime Executive
September 4, 2025
The showdown between the Trump administration and the offshore wind industry is heading to U.S. District Court as the administration continues to step up its assault on the industry. Ørsted, develop...

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