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Fairbanks Morse Defense Awarded Cross-Company POs from Austal USA

Fairbanks Morse Defense Awarded Cross-Company POs from Austal USA

By The Maritime Executive
January 17, 2025
[By: Fairbanks Morse Defense] Fairbanks Morse Defense (FMD) has received POs from Austal USA to provide critical equipment for the U.S. Navy’s next-generation TAGOS-25 program. Through Fairbanks Mo...
Magellan Circle in FLEETfor55 Consortium Decarbonizes Waterborne Transport

Magellan Circle in FLEETfor55 Consortium Decarbonizes Waterborne Transport

By The Maritime Executive
January 17, 2025
[By: CIRCLE S.p.A.] CIRCLE S.p.A. (“CIRCLE” or the “Company”) - an Innovative SME listed on the Euronext Growth Milan market, heading the Group specialized in the process analysis and the developme...
Offshore Wonders

Offshore Wonders

By Sean Hogue
January 16, 2025
  What a year for boats! As many Maritime Executive readers no doubt realize, I consider myself a boat nerd. Having run away to sea at 18, I discovered both a wide world and the best way to get...
Owner of Suspected Sabotage Ship Loses Bid to Get Anchor Back From Police

Owner of Suspected Sabotage Ship Loses Bid to Get Anchor Back From Police

By The Maritime Executive
January 16, 2025
  Earlier this month, the owner of the "shadow fleet" tanker Eagle S lost a court appeal to regain the freedom of their vessel, which has been held in Finland for an investigation into suspected ca...
Gaza Ceasefire Raises Hopes of Renewed Security in the Red Sea

Gaza Ceasefire Raises Hopes of Renewed Security in the Red Sea

By The Maritime Executive
January 16, 2025
  On Thursday, Israeli Prime Minister Benjamin Netanyahu announced that an agreement for a ceasefire and hostage exchange had been reached with terrorist group Hamas, setting conditions for the end...
Germany’s First Fully Electric Seagoing Vessel Completes Trials

Germany’s First Fully Electric Seagoing Vessel Completes Trials

By The Maritime Executive
January 16, 2025
The first fully electric seagoing vessel in Germany, a catamaran ferry, has completed its acceptance trials and is preparing to be deployed. It joins a growing number of battery-powered ferries that...
White House Formally Blames China for "Unreasonable" Maritime Subsidies

White House Formally Blames China for "Unreasonable" Maritime Subsidies

By The Maritime Executive
January 16, 2025
  China is by far the world's dominant shipbuilding nation, and the latest numbers from its industry ministry show that the lead has only widened. About 56 percent of all tonnage delivered worldwid...
UK Launches Next Clean Maritime Competition with $37M in Funding

UK Launches Next Clean Maritime Competition with $37M in Funding

By The Maritime Executive
January 16, 2025
  The UK government has begun the sixth round of its Clean Maritime Demonstration Competition promising to provide a total of nearly $37 million to advance decarbonization in the industry. The prog...
Chinese Nationals Charged With Smuggling "Pink Cocaine" to Australia

Chinese Nationals Charged With Smuggling "Pink Cocaine" to Australia

By The Maritime Executive
January 16, 2025
  Australia's federal police force has charged a group of Chinese nationals with attempting to import more than half a tonne of illegal drugs through the Port of Melbourne, disguised within a consi...
Hapag-Lloyd Marks Milestone with Largest Fleet in 178-Year History

Hapag-Lloyd Marks Milestone with Largest Fleet in 178-Year History

By The Maritime Executive
January 16, 2025
Hapag-Lloyd is marking a milestone in the long and storied history of the carrier which is today the fifth largest in the container shipping segment. The company took delivery of a chartered vessel...

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