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Sail-Assisted Ro-Ro Demonstrates Fuel Savings in Two Years of Service

Sail-Assisted Ro-Ro Demonstrates Fuel Savings in Two Years of Service

By The Maritime Executive
June 23, 2025
  Two years after its launch, Canopée, the first cargo vessel equipped with four automated OceanWings rigid sails, has demonstrated the potential of wind-assisted propulsion according to the joint...
Fremantle and Other Western Australia Ports to Receive State Investments

Fremantle and Other Western Australia Ports to Receive State Investments

By The Maritime Executive
June 23, 2025
  The government of the Australian state of Western Australia announced plans for major investments in the state’s ports as part of its 2025-2026 State Budget. According to the officials, the criti...
Audit: Coast Guard is Only Catching One-Fifth of IUU Fishing Suspects

Audit: Coast Guard is Only Catching One-Fifth of IUU Fishing Suspects

By The Maritime Executive
June 23, 2025
The Department of Homeland Security's internal watchdog agency reports that the U.S. Coast Guard is letting lots of illegal fishing perpetrators go about their business without interdiction, stymied b...
Global Offshore Outlook: Shoring Up Safety in an Era of Renewal

Global Offshore Outlook: Shoring Up Safety in an Era of Renewal

June 23, 2025
  Offshore exploration and production is rebounding in 2025, driven by a dynamic mix of regulatory developments and technological advancements. With the world’s energy demand rising, the industry i...
After Two Weeks, Fire Continues Amidst Stability Concerns for Wan Hai 503

After Two Weeks, Fire Continues Amidst Stability Concerns for Wan Hai 503

By The Maritime Executive
June 23, 2025
The Indian Directorate General of Shipping reports that two weeks after the fire first began on the containership Wan Hai 503, pockets of fire remain, and there has been a reignition in one area. Th...
Investigators Set to Take Over as Bayesian Reaches Shore

Investigators Set to Take Over as Bayesian Reaches Shore

By The Maritime Executive
June 23, 2025
  The salvage of the wrecked superyacht Bayesian has been completed in two stages over the weekend after it was lifted from the sea floor. The yacht, which measures 184 feet (56 meters) in length,...
Japan's Ruling Party Has a $7B Restructuring Plan for Shipbuilding

Japan's Ruling Party Has a $7B Restructuring Plan for Shipbuilding

By The Maritime Executive
June 23, 2025
  As the U.S. considers policy proposals to revitalize a lagging shipbuilding industry, it is looking to Japan and South Korea for ideas on how to keep this labor-intensive sector competitive in a...
Suez Canal Responds as Chinese Heavy Lift Vessel Grounds

Suez Canal Responds as Chinese Heavy Lift Vessel Grounds

By The Maritime Executive
June 23, 2025
  The Suez Canal Authority is highlighting its quick response to a grounding incident on Friday, June 20, as a Chinese heavy lift vessel malfunctioned during the transit. The grounding came as the...
Boxship and LNG Carrier Kick-Off 2025 on Northern Sea Route

Boxship and LNG Carrier Kick-Off 2025 on Northern Sea Route

By The Maritime Executive
June 23, 2025
  Transits of Russia’s Northern Sea Route through the Arctic are resuming with the first container and cargo shipment, followed by the loading of the first LNG gas carrier of the season. It comes a...
Oil Prices Plummet After Limited Iranian Attack on U.S. Airbase

Oil Prices Plummet After Limited Iranian Attack on U.S. Airbase

By The Maritime Executive
June 23, 2025
Within minutes of a small Iranian missile strike on U.S. airbases in Iraq and Qatar, WTI oil prices dove by more than seven percent as traders priced in an apparent "off-ramp" from confrontation with...

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