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Maersk Surprises with Improved Outlook Despite Volatile Environmenment

Maersk Surprises with Improved Outlook Despite Volatile Environmenment

By The Maritime Executive
August 7, 2025
Maersk, the largest publicly-traded shipping and logistics company and long considered a bellwether for the global economy, surprised with a stronger-than-expected second quarter financial report an...
Marcura Buys Brightwell Navigator, Consolidating Crew Payment Sector

Marcura Buys Brightwell Navigator, Consolidating Crew Payment Sector

By The Maritime Executive
August 7, 2025
  Maritime operations tech company Marcura has acquired Brightwell Navigator, the crew payroll services unit of the Atlanta-based financial services firm Brightwell. The Brightwell Navigator servic...
Portugal Finds Cocaine Hidden in Rotting Hides as Koreans Seize Missed Box

Portugal Finds Cocaine Hidden in Rotting Hides as Koreans Seize Missed Box

By The Maritime Executive
August 7, 2025
  Portugal’s Judicial Police seized more than 1.5 metric tons of cocaine, which they believe was part of a larger smuggling ring using animal hides to obscure the drugs. It is the latest in a serie...
Italy Approves Plan to Build Bridge to Sicily

Italy Approves Plan to Build Bridge to Sicily

By The Maritime Executive
August 7, 2025
  In difficult news for Sicily's ferry operators, the government of Prime Minister Giorgia Meloni has approved a much-debated suspension bridge from Villa San Giovanni to Messina. If completed, the...
UK Opens First Step of Seventh Offshore Wind Solicitation

UK Opens First Step of Seventh Offshore Wind Solicitation

By The Maritime Executive
August 7, 2025
The window officially opened today, August 7, for the first phase of AR7, the UK’s next solicitation for renewable energy. This round is viewed as the most consequential in the UK’s energy goals, an...
Houthis Level a Threat at 64 Shipowners for Violating Israeli “Blockade”

Houthis Level a Threat at 64 Shipowners for Violating Israeli “Blockade”

By The Maritime Executive
August 7, 2025
The Houthi militants in Yemen are continuing their pressure campaign, reporting they have warned 64 shipowners of the consequences of continuing to call in Israeli ports. The group’s media officer s...
Norway Joins Neighbors Targeting Shadow Tankers with Insurance Checks

Norway Joins Neighbors Targeting Shadow Tankers with Insurance Checks

By The Maritime Executive
August 7, 2025
  The Norwegian government is the latest to announce that it is starting a program of insurance checks on tankers transiting its waters. Norway joins neighboring countries and the EU, which have al...
Legacy and Innovation

Legacy and Innovation

By Chad Fuhrmann
August 6, 2025
  The roots of naval architecture are steeped in tradition with knowledge passed down through generations. Scientific ship design in the 18th century introduced mathematical models used to inform h...
Passenger Convicted of Attempted Sabotage for Fire on Finnish Cruise Ferry

Passenger Convicted of Attempted Sabotage for Fire on Finnish Cruise Ferry

By The Maritime Executive
August 6, 2025
  A 29-year-old man has been sentenced to a suspended prison term for allegedly setting fire to a garbage can aboard the cruise ferry Viking Grace. At the time of the fire, the vessel was at sea wi...
Antarctic Krill Fishery Hits Cap, Prompting Overfishing Concerns

Antarctic Krill Fishery Hits Cap, Prompting Overfishing Concerns

By The Maritime Executive
August 6, 2025
  The krill fishery off Antarctica has surged in volume this year, so much so that the Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR) has decided to close the fishing...

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