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Proposed U.S. Port Fee for Chinese Ships Fails to Stop $2.6B Order to CSSC

Proposed U.S. Port Fee for Chinese Ships Fails to Stop $2.6B Order to CSSC

By The Maritime Executive
March 4, 2025
  China State Shipbuilding Corporation is reporting a giant new order for containerships valued at between $2.5 and $2.6 billion. While CSSC did not identify the customer, industry insiders widely...
Hutchison Sells Panama and Other Ports to BlackRock and MSC in $22.8B Deal

Hutchison Sells Panama and Other Ports to BlackRock and MSC in $22.8B Deal

By The Maritime Executive
March 4, 2025
China’s CK Hutchison announced that it has an agreement in principle to sell its international ports portfolio including the controversial terminals in Panama to a consortium being led by famed U.S....
Port Authority Airports Keep Soaring, Recording Busiest January Ever

Port Authority Airports Keep Soaring, Recording Busiest January Ever

By The Maritime Executive
March 4, 2025
[By: Port Authority of New York and New Jersey] The Port Authority of New York and New Jersey today announced that its commercial airports picked up where they left off, opening the year by recordi...
Russia Clings On in a Divided Syria

Russia Clings On in a Divided Syria

By The Maritime Executive
March 3, 2025
  The Russian evacuation of its heavy equipment from Syria continues, whilst the Russian naval presence lingers in the Mediterranean, for the time being making do without Tartus as a base facility....
California Awards $15M Grant to Build Two Electric Ferries for San Diego

California Awards $15M Grant to Build Two Electric Ferries for San Diego

By The Maritime Executive
March 3, 2025
The California Air Resources Board has granted a dinner-cruise company a substantial award build two battery-electric ferries for service in San Diego. The ferries will reduce emissions from maritime...
China Starts Construction on Deep-Diving Manned "Subsea Lab"

China Starts Construction on Deep-Diving Manned "Subsea Lab"

By The Maritime Executive
March 3, 2025
  China is moving ahead with plans to build a deep-sea manned laboratory - a stationary submarine with a crew of six and a maximum working depth of 2,000 meters.  The proposal has been in the wo...
Trump Confirms 25 Percent Tariff on Goods From Mexico and Canada

Trump Confirms 25 Percent Tariff on Goods From Mexico and Canada

By The Maritime Executive
March 3, 2025
  On Monday, President Donald Trump confirmed that he will impose steep tariffs on imports from Mexico and Canada, effective Tuesday. The decision upends the U.S.-Mexico-Canada Agreement (USMCA), t...
Former U.S. Navy Sailor Plotted Jihadist Attack on Training Center

Former U.S. Navy Sailor Plotted Jihadist Attack on Training Center

By The Maritime Executive
March 3, 2025
  A former U.S. Navy sailor has pleaded guilty to charges of planning an attack on the U.S. Navy's main training center for enlisted personnel, according to the U.S. Justice Department. The plea ag...
Op-Ed: China is on Track for a Major Recession

Op-Ed: China is on Track for a Major Recession

By The Strategist
March 3, 2025
  [By Chris Lee] The risk of China spiralling into an unprecedentedly prolonged recession is increasing. Its economy is experiencing deflation, with the price level falling for a second conse...
Australia Advances Offshore Wind Energy Granting Two Feasibility Licenses

Australia Advances Offshore Wind Energy Granting Two Feasibility Licenses

By The Maritime Executive
March 3, 2025
  Australia continues its efforts to launch its first offshore wind energy projects. A year after declaring offshore zones and selecting the first potential projects, the government granted two mor...

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