Friday, May 09, 2025
Media Kit
Flight operations aboard USS Harry S. Truman, May 2025 (USN / Capt. Chris "Chowdah" Hill)

Houthi Rebels Claim Responsibility for Loss of Second U.S. Fighter Jet

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A Navy diver inspects the contaminated well at the Red Hill Bulk Fuel Storage Facility near Pearl Harbor, 2021 (USN)

Judge Awards Damages to Red Hill Spill Victims

Published May 8, 2025 5:05 PM by The Maritime Executive

  A federal court has ruled that the U.S. Navy is liable for damages in connection with the Red Hill fuel leak at Pearl Harbor in 2021, which contaminated a military base water supply system and affected thousands of servicemembers and their families.  17 plaintiffs who filed a civil suit over health effects from fuel-contaminated drinking water are owed compensation, U.S. District Judge Leslie Kobayashi ruled Wednesday. She ruled that the Navy was negligent in its operation of Red Hill,...

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LCO2 terminal in Port Tampa Bay

Design Work Awarded for First U.S. LCO2 Terminal Serving Florida’s Emitters

Published May 8, 2025 4:51 PM by The Maritime Executive

  A contract has been awarded for the front-end engineering and design of the first U.S. temporary storage and liquefaction processing terminals for captured CO2. Known as COAST20 (Carbon Ocean and Storage Transport 20), it is an ambitious project that would provide a solution for the transport and storage of carbon emissions captured from Florida’s industry and be the kickoff for an industry that is also emerging in Europe. The project is being developed by Aptamus Carbon Solutions, a subsidiary...

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Maersk

Maersk Cites “Increasingly Volatile Environment” Lowering Volume Forecast

Published May 8, 2025 3:57 PM by The Maritime Executive

  Maersk, the largest publicly-traded container carrier and logistics company, cited the “increasingly volatile environment,” telling investors that it expects volume growth in the global container market will slow and possibly even be negative in 2025. The carrier reported, however, a strong start for the first quarter of 2025, which it expects to carry into the second quarter as customers build inventories before the full effect of the tariff war overtakes the market. “With trade tensions flaring up and uncertainty...

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humanoid welding robot

Hyundai Partners with AI and Robotics Start-ups for Humanoid Welding Robots

Published May 8, 2025 2:30 PM by The Maritime Executive

South Korea’s HD Hyundai is partnering with AI and robotics start-ups to develop a humanoid robot capable of complex, precise welding tasks as part of the smart shipyard of the future. The companies are saying they aim to “usher in a new era of human-machine collaboration,” which will enhance productivity and safety. “Unlike conventional robots that focus solely on repetitive tasks, these robots must be able to observe, reason, and make decisions,” said HD Hyundai Robotics Vice President...

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Offshore

offshore wind farm

Ørsted Discontinues Planned UK Wind Farm Citing Costs and Interest Rates

  Danish renewable energy giant Ørsted has decided to discontinue efforts on the fourth phase of a major UK offshore wind energy project, which comes as a major blow to the UK’s renewable energy ambitions. The company is citing increased costs and risks despite the UK’s decision in 2024 to increase its support for the projects and the new government’s strong commitment to wind energy. Ørsted has decided to discontinue the UK’s Hornsea 4 project in its current form, attributing...

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Shipbuilding

humanoid welding robot

Hyundai Partners with AI and Robotics Start-ups for Humanoid Welding Robots

South Korea’s HD Hyundai is partnering with AI and robotics start-ups to develop a humanoid robot capable of complex, precise welding tasks as part of the smart shipyard of the future. The companies are saying they aim to “usher in a new era of human-machine collaboration,” which will enhance productivity and safety. “Unlike conventional robots that focus solely on repetitive tasks, these robots must be able to observe, reason, and make decisions,” said HD Hyundai Robotics Vice President...

Continue Reading...

Environment

LCO2 terminal in Port Tampa Bay

Design Work Awarded for First U.S. LCO2 Terminal Serving Florida’s Emitters

  A contract has been awarded for the front-end engineering and design of the first U.S. temporary storage and liquefaction processing terminals for captured CO2. Known as COAST20 (Carbon Ocean and Storage Transport 20), it is an ambitious project that would provide a solution for the transport and storage of carbon emissions captured from Florida’s industry and be the kickoff for an industry that is also emerging in Europe. The project is being developed by Aptamus Carbon Solutions, a subsidiary...

Continue Reading...

Business

Maersk

Maersk Cites “Increasingly Volatile Environment” Lowering Volume Forecast

  Maersk, the largest publicly-traded container carrier and logistics company, cited the “increasingly volatile environment,” telling investors that it expects volume growth in the global container market will slow and possibly even be negative in 2025. The carrier reported, however, a strong start for the first quarter of 2025, which it expects to carry into the second quarter as customers build inventories before the full effect of the tariff war overtakes the market. “With trade tensions flaring up and uncertainty...

Continue Reading...