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CMA CGM Group Plans $20 Billion Investment in U.S. Maritime and Logistics

CMA CGM Group Plans $20 Billion Investment in U.S. Maritime and Logistics

By The Maritime Executive
March 7, 2025
  CMA CGM Group announced plans for a significant $20 billion investment into the U.S. maritime and logistics sectors expanding on its previous plans to expand its U.S. port terminals and logistics...
Resolve Marine Merges with Construction Solutions International

Resolve Marine Merges with Construction Solutions International

By The Maritime Executive
March 6, 2025
  [By Resolve Marine] Resolve Marine, a global leader in innovative marine solutions, today announced that the company will merge operations, equipment and personnel with the marine division of...
Pentagon's Logistics Chief Wants to Buy Four Foreign-Built Ships a Year

Pentagon's Logistics Chief Wants to Buy Four Foreign-Built Ships a Year

By The Maritime Executive
March 6, 2025
  The new head of U.S. Transportation Command wants to buy as many more foreign-built ships as necessary to replenish the sealift fleet, purchasing secondhand hulls abroad and repairing them in the...
U.S. Coast Guard Offloads Six Tonnes of Cocaine in Miami

U.S. Coast Guard Offloads Six Tonnes of Cocaine in Miami

By The Maritime Executive
March 6, 2025
  On Thursday, the U.S. Coast Guard cutter Valiant offloaded nearly six tonnes of cocaine onto a pier at Coast Guard Base Miami Beach, just three miles from the city's famous nightclub district - b...
Costa Concordia's Infamous Captain Could Work at the Vatican on Parole

Costa Concordia's Infamous Captain Could Work at the Vatican on Parole

By The Maritime Executive
March 6, 2025
Capt. Francesco Schettino, former captain of the lost cruise ship Costa Concordia, may soon be eligible for partial parole, and would have a day job waiting for him outside of prison. On January 13...
Trump Pauses Tariffs on Mexico and Canada for Another Month

Trump Pauses Tariffs on Mexico and Canada for Another Month

By The Maritime Executive
March 6, 2025
  On Thursday, U.S. President Donald Trump paused American tariffs on Canada and Mexico for the second time. The pause is the latest in a long series of changes: his first administration negotiated...
GAO: USCG’s Shore Maintenance Infrastructure Backlog Has Ballooned to $7B

GAO: USCG’s Shore Maintenance Infrastructure Backlog Has Ballooned to $7B

By The Maritime Executive
March 6, 2025
  Failure by the U.S. Coast Guard to invest in maintaining and renewing its crumpling shore infrastructure and a lack of funding from the U.S. Congress has resulted in a significant increase in the...
Report: GPS Jamming Sent Bangladeshi Bulker Aground in Baltic

Report: GPS Jamming Sent Bangladeshi Bulker Aground in Baltic

By The Maritime Executive
March 6, 2025
  According to Bangladeshi media, a bulker ran aground near the Russian port of Ust-Luga in late December and remained on the rocks for weeks, despite appeals to the local authorities for assistanc...
Lauritzen Bulkers Buys Canadian Breakbulk Firm and Looks to Positive 2025

Lauritzen Bulkers Buys Canadian Breakbulk Firm and Looks to Positive 2025

By The Maritime Executive
March 6, 2025
  Denmark’s Lauritzen Bulkers, one of the oldest operators tracing its roots back 140 years, reports it has acquired Alexander & Blake, a Canadian breakbulk and parcel shipping company. The deal co...
Meyer Turku Names New CEO from Cargotec Replacing Tim Meyer

Meyer Turku Names New CEO from Cargotec Replacing Tim Meyer

By The Maritime Executive
March 6, 2025
Finnish shipbuilder Meyer Turku reported today that it has named Casimir Lindholm, the current President of Cargotec, to succeed family member Tim Meyer as CEO of the cruise ship builder. The move c...

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