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HD Hyundai Targets $18B in Orders as Korea Raises Industry Support

HD Hyundai Targets $18B in Orders as Korea Raises Industry Support

By The Maritime Executive
January 6, 2025
HD Hyundai, South Korea’s largest shipbuilder, announced its order target for 2025 increasing it over last year but forecasting slowed industry growth. Recognizing the strong competition, Korea’s Ex...
Wind Energy Becomes UK’s Largest Source of Electricity, Surpassing Gas

Wind Energy Becomes UK’s Largest Source of Electricity, Surpassing Gas

By The Maritime Executive
January 6, 2025
  The UK continues to be at the forefront of Europe’s efforts for the transition to renewable energy with new data showing wind power has become the largest source of electricity surpassing natural...
Ivory Coast Holds Ammonium Nitrate Cargo Offshore as Concerns Continues

Ivory Coast Holds Ammonium Nitrate Cargo Offshore as Concerns Continues

By The Maritime Executive
January 6, 2025
The Port of Abidjan in the Ivory Coast (Côte d'Ivoire) has decided to hold the cargo ship laden with ammonium nitrate offshore while it reviews safety concerns raised in the community and the local...
INTERCARGO Welcomes RightShip’s Revised Age Trigger Inspection Timeline

INTERCARGO Welcomes RightShip’s Revised Age Trigger Inspection Timeline

By The Maritime Executive
January 6, 2025
[By: INTERCARGO] INTERCARGO welcomes RightShip’s recent announcement of a revised age trigger inspection timeline, following a constructive dialogue between the sector’s stakeholders, with INTERCAR...
Voith Feels Impact of Challenging Environment, But Shows Solid Performances

Voith Feels Impact of Challenging Environment, But Shows Solid Performances

By The Maritime Executive
January 6, 2025
[By: Voith Group] The Voith Group showed a solid performance in the 2023/24 fiscal year (October 1, 2023, to September 30, 2024) in a challenging market environment with weak economic activity and...
AST Networks and SAL Navigation Join Forces

AST Networks and SAL Navigation Join Forces

By The Maritime Executive
January 6, 2025
[By: AST Networks] AST Networks and SAL Navigation are working together with the aim to advance marine electronics and improve the safety of vessels worldwide. This continued collaboration is set t...
China Sends Largest Cutter on "Law Enforcement" Patrol Off Luzon

China Sends Largest Cutter on "Law Enforcement" Patrol Off Luzon

By The Maritime Executive
January 5, 2025
The Philippine Coast Guard is engaged in a slow-motion standoff with the world's largest coast guard cutter, CCG 5901, which has been loitering off the coast of Luzon and broadcasting a legal mandat...
Risk Rises for Russian Military Cargoes at Sea

Risk Rises for Russian Military Cargoes at Sea

By The Maritime Executive
January 5, 2025
  A number of recent developments have combined to suggest that the risk to Russian military cargoes at sea has risen markedly in recent weeks. Indeed, the sinking off Oran of the Russian military...
Chinese Freighter Suspected of Severing Telecom Cable off Taiwan

Chinese Freighter Suspected of Severing Telecom Cable off Taiwan

By The Maritime Executive
January 5, 2025
  Taiwan's coast guard believes that a Chinese freighter severed a telecom cable off the island's northern coastline last week, and analysts have flagged the possibility of a gray-zone attack - the...
Video: U.S. Navy Launches Tomahawk Missile Strike Against Houthi Targets

Video: U.S. Navy Launches Tomahawk Missile Strike Against Houthi Targets

By The Maritime Executive
January 5, 2025
  The U.S. Navy has released new footage of a counterstrike against Houthi rebels in western Yemen, the latest in a series of actions intended to blunt the group's attacks on merchant shipping and...

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