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Former STX Shipyard For Sale as Investors Seek to Cash Out After Turnaround

Former STX Shipyard For Sale as Investors Seek to Cash Out After Turnaround

By The Maritime Executive
July 8, 2025
  Once one of the leading shipbuilders in South Korea, the former STX Yard, which was relaunched as K Shipbuilding, is celebrating a remarkable turnaround. According to a report in The Korean Econo...
Strained by War, the Russian Navy is a Shadow of its Former Self

Strained by War, the Russian Navy is a Shadow of its Former Self

By The Maritime Executive
July 8, 2025
  Russia’s Navy is facing huge pressures, primarily as a byproduct of President Putin’s over-ambitious attempts to claim great power status. The most obvious pinch-point is in the Black Sea, whe...
Davie Buys Second Finnish Shipyard to Integrate Operations

Davie Buys Second Finnish Shipyard to Integrate Operations

By The Maritime Executive
July 8, 2025
Canada’s Davie shipbuilding is buying a second, smaller shipyard in Finland as it looks to integrate its operations, focusing on Arctic projects, including large icebreakers. The Mantyluoto shipyard...
India Detains MSC Ship as it Seeks $1B in Compensation for MSC Elsa 3

India Detains MSC Ship as it Seeks $1B in Compensation for MSC Elsa 3

By The Maritime Executive
July 8, 2025
  The Kerala State Government in India followed through on its earlier assertions and filed a compensation claim in the courts against MSC for damages as a result of the loss of the MSC Elsa 3 off...
Houthis Release Video of the Sinking of the Magic Seas

Houthis Release Video of the Sinking of the Magic Seas

By The Maritime Executive
July 8, 2025
  Yemen's Houthi rebels have released video footage of the sinking of the bulker Magic Seas, which they attacked and boarded last weekend.  The footage begins with a single blast on Magic Seas'...
Three Dead, Ship Sinking After Latest Houthi Attack

Three Dead, Ship Sinking After Latest Houthi Attack

By The Maritime Executive
July 8, 2025
  After repeated attacks by Houthi rebels, the bulker Eternity C has lost propulsion, and three members of her crew are dead, according to EUNAVFOR. On the morning of July 8, the vessel began sinki...
Damen Stock-Building Strategy Facilitates Rapid Delivery of Fast Ferry 4212

Damen Stock-Building Strategy Facilitates Rapid Delivery of Fast Ferry 4212

By The Maritime Executive
July 8, 2025
[By: Damen Shipyards Group] Damen Shipyards Group has signed a contract with South Korea’s Starline Co. Ltd. for the delivery of a new Damen Fast Ferry 4212. Available from stock at Damen Song Cam...
Video: Israeli Attack on Car Carrier Galaxy Leader Seized by Houthis

Video: Israeli Attack on Car Carrier Galaxy Leader Seized by Houthis

By The Maritime Executive
July 8, 2025
One of the targets now confirmed by the Israeli Air Force in its recent attack on the Houthis in Yemen was the car carrier Galaxy Leader. The Israelis reported the vessel was being used by the Houth...
Report: Further 20-Month Delivery Delay for Carrier John F. Kennedy

Report: Further 20-Month Delivery Delay for Carrier John F. Kennedy

By The Maritime Executive
July 8, 2025
A report to the U.S. Congress in the U.S. Navy’s budget revealed that the new carrier John F. Kennedy is now scheduled for delivery in March 2027. Bloomberg highlighted the 20-month delay in the pro...
Anemoi Unveils State-of-the-Art Rotor Sail Production Facility in China

Anemoi Unveils State-of-the-Art Rotor Sail Production Facility in China

By The Maritime Executive
July 8, 2025
[By: Anemoi Marine Technologies] Anemoi Marine Technologies, a global leader in wind propulsion solutions, is proud to announce the official opening of its new Rotor Sail production facility in Chi...

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