Thursday, November 06, 2025
Media Kit
warship

Greek Tanker Reports Gunfire and RPGs in Boarding by Pirates off Somalia

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Maersk containerships

Maersk Disappoints Investors, Points to Continued Challenges in Shipping

Published Nov 6, 2025 4:19 PM by The Maritime Executive

  Despite reporting better than expected third quarter results and narrowing the range for its yearly income estimate, investor concerns continue to grow on the container shipping segment as Maersk pointed to continuing issues. While it reported strong quarterly results, it was the underlying issues around freight rates that raised the greatest concern for Maersk and the industry more broadly. Among the first of the large, publicly traded container carriers to report financial results, Maersk’s reports draw broad attention as...

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Yemen port area

Houthis Develop General Cargo Handling at Ras Isa

Published Nov 6, 2025 12:43 PM by The Maritime Executive

  Satellite imagery taken over the Ras Isa coastal area of Yemen on November 5 suggests that the Houthis have, in recent weeks, expanded capacity to handle general cargo. Until recently, Ras Isa was a very rudimentary port that only handled oil product tankers. Small to medium-sized tankers were typically moored with sterns towards the beach. Flexible piping was then used directly from ships and hauled across the beach into a limited fixed pipeline network connecting into a small nearby...

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Hornsea wind farm

Orsted Still Sees a Strong Future for Offshore Wind in Europe

Published Nov 5, 2025 11:36 PM by The Maritime Executive

  Western offshore wind leader Orsted sees signs of hope in the European market, despite near-term headwinds in the global market, executives said in a third-quarter earnings call on Wednesday.  "We remain very bullish about the prospects for offshore wind in Europe, in particular. We see the rebasing happening in the market," said Rasmus Errboe, Group President and CEO. "We will be patient, and we will prioritize value over volume." Errboe highlighted three potential business areas for growth in Europe:...

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Immigrant arrest

ICE Shipyard Raid Nabs 25 Illegal Immigrants

Published Nov 5, 2025 10:53 PM by The Maritime Executive

  Immigration officers carried out a raid on a shipyard in Louisiana last week and came away with more than two dozen suspected illegal immigrants who were working for a welding contractor, according to ICE Homeland Security Investigations.  The raid occurred at an unnamed yard in Harvey, Louisiana, but the individuals in question were employed by Belle Chasse-based contractor Barrois Welding Services. ICE had specific intelligence about the workplace, HSI said: one Barrois Welding Services employee had been arrested in...

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Offshore

Hornsea wind farm

Orsted Still Sees a Strong Future for Offshore Wind in Europe

  Western offshore wind leader Orsted sees signs of hope in the European market, despite near-term headwinds in the global market, executives said in a third-quarter earnings call on Wednesday.  "We remain very bullish about the prospects for offshore wind in Europe, in particular. We see the rebasing happening in the market," said Rasmus Errboe, Group President and CEO. "We will be patient, and we will prioritize value over volume." Errboe highlighted three potential business areas for growth in Europe:...

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Shipbuilding

Immigrant arrest

ICE Shipyard Raid Nabs 25 Illegal Immigrants

  Immigration officers carried out a raid on a shipyard in Louisiana last week and came away with more than two dozen suspected illegal immigrants who were working for a welding contractor, according to ICE Homeland Security Investigations.  The raid occurred at an unnamed yard in Harvey, Louisiana, but the individuals in question were employed by Belle Chasse-based contractor Barrois Welding Services. ICE had specific intelligence about the workplace, HSI said: one Barrois Welding Services employee had been arrested in...

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Environment

Harbor and iron or pier at Saldanha Bay, South Africa (Hp.Baumeler / CC BY SA 4.0)

Study: South Africa-Europe Shipping Route Could Run on Ammonia by 2029

  Despite the existing uncertainty in global regulations for clean shipping, some decarbonization initiatives are setting ambitious targets for transitioning to alternative fuels. One such example is the South Africa-Europe iron ore shipping route, which could feasibly deploy ammonia-fueled bulk carriers as soon as 2029 and scale toward full decarbonization by 2035. These findings are contained in a feasibility study by the Global Maritime Forum, produced in partnership with a consortium formed in 2023 to develop a green shipping corridor...

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Business

DFDS ferry at sea

Shake-Up at DFDS as Ferry Operator Looks to Accelerate Financial Turnaround

DFDS, one of Europe’s largest ferry operators, announced a series of shake-ups after posting disappointing financial results for the third quarter. The company had said that 2025 would be a transitional year as it laid the foundations for improving financial performance, and now it is adding layoffs, cost-cutting, and a search for a new chief executive officer. While saying that it was making progress on most of the priorities laid out in its plan, DFDS reported a 32...

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