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Report: MSC Proposes Take Over of Romania’s Mangalia Shipyard

Report: MSC Proposes Take Over of Romania’s Mangalia Shipyard

By The Maritime Executive
June 11, 2025
The Romanian government has according to reports in the media received a surprise proposal for the management and operation of the Mangalia shipyard from MSC Mediterranean Shipping Group. The govern...
Pentagon Puts AUKUS Submarine Program Under Review

Pentagon Puts AUKUS Submarine Program Under Review

By The Maritime Executive
June 11, 2025
  The Pentagon has launched a review of the U.S.-Australia-UK nuclear submarine technology-transfer and purchase agreement (AUKUS), which was negotiated by the Biden administration in 2021. The dea...
Davie to Acquire Texas Shipyards in Bid for U.S. Icebreaker Contracts

Davie to Acquire Texas Shipyards in Bid for U.S. Icebreaker Contracts

By The Maritime Executive
June 11, 2025
  Canada’s shipbuilding group Davie reports it is fulfilling its commitment to invest in American shipbuilding with an agreement to acquire facilities in Texas. The company announced a year ago tha...
Iran Stops Fuel Smugglers as UKMTO Warns Tensions are High in the Region

Iran Stops Fuel Smugglers as UKMTO Warns Tensions are High in the Region

By The Maritime Executive
June 11, 2025
Iran’s official news agencies are reporting a further crackdown on fuel smugglers operating in the Gulf saying that it stopped four vessels on Tuesday, June 10. The reports came as the UK Maritime T...
Fire and Salvage Teams Report Progress with Wan Hai 503 Efforts

Fire and Salvage Teams Report Progress with Wan Hai 503 Efforts

By The Maritime Executive
June 11, 2025
  The teams working at the site of the burning containership Wan Hai 503 reported significant progress in their efforts during the third day of the firefight. The regional safety agency however emp...
Indian Police File Charges Against MSC, Captain and Crew of Lost MSC Elsa 3

Indian Police File Charges Against MSC, Captain and Crew of Lost MSC Elsa 3

By The Maritime Executive
June 11, 2025
The local police in the Kerala region of India filed the first papers in a legal action against MSC Mediterranean Shipping Company, the captain, and the crew of the MSC Elsa 3 which was lost off the...
Nor-Shipping: Wind-Assisted Propulsion is Finally Taking Off

Nor-Shipping: Wind-Assisted Propulsion is Finally Taking Off

By The Maritime Executive
June 11, 2025
  Wind-assisted propulsion is having a moment in commercial shipping. On average, most systems on the market can reduce fuel consumption by about 10 percent for a tanker or bulker - or more, if the...
Rainer Seidl Appointed as New Chief Financial Officer at Everllence

Rainer Seidl Appointed as New Chief Financial Officer at Everllence

By The Maritime Executive
June 11, 2025
[By: Everllence] The Supervisory Board of Everllence has appointed Rainer Seidl to the company’s Executive Board, effective September 1, 2025. Seidl will take over the “Finance” division, succeedin...
The First Fully Electric Tug Powered by Caterpillar Battery System

The First Fully Electric Tug Powered by Caterpillar Battery System

By The Maritime Executive
June 11, 2025
[By: Med Marine] A bold new chapter is unfolding in the maritime industry as MED MARINE embarks on the construction of VoltRA—the first fully electric tugboat powered by Caterpillar’s advanced Lith...
DNV Grants AiP to HD Hyundai Mipo for 20k Cbm LCO2 Carrier Design

DNV Grants AiP to HD Hyundai Mipo for 20k Cbm LCO2 Carrier Design

By The Maritime Executive
June 11, 2025
[By: DNV] DNV has awarded an Approval in Principle (AiP) to HD Hyundai Mipo for its 20,000 cbm liquefied carbon dioxide (LCO?) carrier. This AiP is another milestone in the development of next-gene...

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