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Austal Issues Shares to Raise Capital for Alabama Yard Expansion

Austal Issues Shares to Raise Capital for Alabama Yard Expansion

By The Maritime Executive
March 11, 2025
  Austal Ltd., the Australian parent company of defense shipbuilder Austal USA, has announced a capital raise of as much as US$140 million to pay for the expansion of its main shipyard in Mobile, A...
Class Societies ABS and DNV Advance Plans for Ammonia-Cracking Bulker

Class Societies ABS and DNV Advance Plans for Ammonia-Cracking Bulker

By The Maritime Executive
March 11, 2025
  An innovative project to develop a shipboard ammonia-cracking technology took a key step forward toward the vision of building a zero-emission dry bulk carrier for the copper industry. Class soci...
Ontario and Washington Back Down From Escalating Tariff Threats

Ontario and Washington Back Down From Escalating Tariff Threats

By The Maritime Executive
March 11, 2025
  After days of back-and-forth threats, the White House and the premier of Ontario, Canada backed down from steep tariff hikes that would have hit consumers on both sides of the border.  Last we...
More Incidents of Armed Robbery Around Singapore Strait

More Incidents of Armed Robbery Around Singapore Strait

By The Maritime Executive
March 11, 2025
The crime wave that has been plaguing the area around the Singapore Strait in 2025 is continuing. While it remains most petty crime, robberies, the caution continues because the perpetrators appear...
The U.S. Navy Wants a Subsea Crawler to Defeat Sea Mines

The U.S. Navy Wants a Subsea Crawler to Defeat Sea Mines

By The Maritime Executive
March 11, 2025
The U.S. Navy is interested in developing a remotely-operated robotic bottom crawler that can detect and disable sea mines and other threats on the seabed.  The service is seeking an unusual combin...
Canada Awards Contract to Start Construction of River-Class Destroyers

Canada Awards Contract to Start Construction of River-Class Destroyers

By The Maritime Executive
March 11, 2025
  As the Canadian government marks the 15th anniversary of its National Shipbuilding Strategy (NSS) it is moving ahead with critical orders including the first official construction contract for th...
UK Arrests Master of Boxship in Ongoing Investigation to North Sea Allision

UK Arrests Master of Boxship in Ongoing Investigation to North Sea Allision

By The Maritime Executive
March 11, 2025
The situation surrounding yesterday’s North Sea incident continues to rapidly evolve with reports from the police in the UK that one seafarer has now been detained and arrested. The police said the...
WinGD X-DF Cuts Methane Slip in Final VCR Technology Shop Tests

WinGD X-DF Cuts Methane Slip in Final VCR Technology Shop Tests

By The Maritime Executive
March 11, 2025
[By: WinGD] Swiss marine power company WinGD has completed shop tests of its groundbreaking variable compression ratio (VCR) technology. The results confirm that methane reductions from new X-DF en...
China Calls on US to Stop “Wrongdoings” Over Proposed Fees on Chinese Ships

China Calls on US to Stop “Wrongdoings” Over Proposed Fees on Chinese Ships

By The Maritime Executive
March 11, 2025
  A spokesperson for China’s Foreign Ministry responded to a question from Reuters calling the proposed fees on Chinese-built ships “wrongdoings.” It comes as the war of words continues, and the tr...
Global Impact: Women Leaders Driving Change and Innovation at Chevron

Global Impact: Women Leaders Driving Change and Innovation at Chevron

By The Maritime Executive
March 11, 2025
[By: Chevron] At the current rate of progress, it will take the world another five generations to achieve full gender parity on economic participation and opportunity, according to the World Econom...

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