Friday, July 18, 2025
Media Kit
Spanish police search containership

Spanish Police Stop Ship as Drug Cartel Attempts to Steal Cocaine Shipment

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Korean metal workers strike

Strikes Grow as Wage Talks Drag on for Korean Shipbuilders

Published Jul 18, 2025 1:53 PM by The Maritime Executive

Strikes Grow as Wage Takes Drag on for Korean Shipbuilders The Korean Metal Workers’ Union reports it is expanding its strike actions against the shipbuilding sector during this year’s round of wage talks. The union says that HD Hyundai management had promised to quickly conclude the negotiations and advance the company to the next level with a future-oriented labor-management culture, but after 12 rounds, the time left is now running out. Partial strikes began this week at HD...

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Joseph Morris

In the Know 71: Joseph Morris, CEO and Port Director of Port Everglades

Published Jul 18, 2025 1:19 PM by The Maritime Executive

Port Everglades is one of the biggest cargo and cruise ports in Florida, and it is growing by leaps and bounds. Supported by large-scale infrastructure investments in boxship capacity, as well as continuous improvements in harbor traffic flow, the port's team secured double-digit volume growth in the last year alone. This year it's on track to secure another 15 percent gain, and it's experiencing rapid growth in cruise passenger traffic too. To find out more, Maritime Executive's founder and editor-in-chief...

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tanker

EU Adopts New Sanctions That Lower Oil Price Cap and Hit Shadow Tankers

Published Jul 18, 2025 12:53 PM by The Maritime Executive

The European Union approved its 18th package of sanctions against Russia related to the war in Ukraine, expanding its targeting of the energy, banking, and military sectors. The package, which is being called one of the strongest sanction packages against Russia, was approved after Slovakia dropped its opposition, but without the U.S. joining in on key elements. The European Commission adopted steps to further reduce Russia’s energy income, which it highlights continues to provide a third of the...

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Akizuki, sister ship of Teruzuki (public domain file image)

Crew of Research Vessel Nautilus Find a Wrecked Japanese WWII Destroyer

Published Jul 17, 2025 11:36 PM by The Maritime Executive

  The privately-held research vessel Nautilus has discovered the wreck of the WWII Japanese Navy destroyer Teruzuki, which was torpedoed and sunk by a PT boat off Guadalcanal. Teruzuki was a 2,700-tonne destroyer, the second of a class designed and built for the Imperial Japanese Navy in the opening years of the war. She was delivered on August 31, 1942, and survived for two and a half months.  Teruzuki first saw action during the Battle of the Santa Cruz Islands that...

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Offshore

large floating wind turbine

China Pushes the Envelope, Rolling Out 17MW Floating Wind Turbine

China’s offshore wind industry continues to push the limits for offshore wind turbines, looking to increase the capacity and durability of its units. In the latest development, it reports completing the development of a prototype, which is the world’s largest direct-drive floating offshore wind turbine. Developed by China Huaneng Group in partnership with Dongfang Electric, the unit is rated for 17 MW and is being reported as having the highest single-unit capacity and largest rotor diameter. The first...

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Shipbuilding

Korean metal workers strike

Strikes Grow as Wage Talks Drag on for Korean Shipbuilders

Strikes Grow as Wage Takes Drag on for Korean Shipbuilders The Korean Metal Workers’ Union reports it is expanding its strike actions against the shipbuilding sector during this year’s round of wage talks. The union says that HD Hyundai management had promised to quickly conclude the negotiations and advance the company to the next level with a future-oriented labor-management culture, but after 12 rounds, the time left is now running out. Partial strikes began this week at HD...

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Environment

A Chinese squid jigger off the Galapagos Islands (Ben Blankenship / Outlaw Ocean Project)

The Undisputed Superpower Of The Seas

  Daniel Aritonang graduated from high school in May, 2018, hoping to find a job. Short and lithe, he lived in the coastal village of Batu Lungun, Indonesia, where his father owned an auto shop. Aritonang spent his free time rebuilding engines in the shop, occasionally sneaking away to drag race his blue Yamaha motorcycle on the village’s backroads. Like thousands of other Indonesians, Aritonang answered an advertisement to work aboard a Chinese fishing ship, traveling the world, combing the...

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Business

Boardroom

Putting More Women on Boards Is Not Enough Without Rethinking Leadership

  For the past decade, the maritime industry has made increasing efforts to improve diversity at the top, most visibly through a focus on gender balance in boardrooms. But while headlines around the number of women appointed to shipping boards suggest progress, the reality is more complex. True transformation does not come from merely increasing representation. It comes from challenging and redefining the deeply embedded assumptions about what leadership looks like. The majority of shipping companies still recruit board members...

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