Search Results for "how to buy ships"

South Africa Seizes Large Quantity of Cocaine from Refrigerated Containers

By The Maritime Executive

September 5, 2025

South African authorities are reporting a large cocaine seizure that was part of an international operation they named Irene. They said the effort was a demonstration of the cross-border cooperation...

Report: Denmark and Sweden Are Close to Orders for UK Frigates

By The Maritime Executive

September 5, 2025

UK naval shipbuilding appears to be on the verge of a major surge in new orders. According to a report in the Financial Times, hot on the heels of Norway’s decision last week to acquire British Type...

Virgin Voyages Hits its Stride as Fourth Ship Enters Service

By The Maritime Executive

September 5, 2025

Virgin Voyages is marking a key milestone as its fourth cruise ship, Brilliant Lady, embarks its first revenue passengers on Friday, September 5, for the so-titled “MerMaiden Cruise” aboard the lady...

US Issues Stern Warning After “Highly Provocative Move” by Venezuelan Jets

By The Maritime Executive

September 5, 2025

The U.S. Department of Defense confirmed in a brief statement that two Venezuelan jets overflew a U.S. warship in international waters in the Caribbean. The U.S. termed it a “highly provocative move...

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

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"

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

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

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

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...

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