Business News
NYK Plans Long-Term Preservation of Japan’s Last Surviving Ocean Liner
Planning is underway for the long-term preservation of the 95-year-old former ocean liner Hikawa Maru, which is now on permanent d...
Read More >>Mare Island Dry Dock Closes After Losing USCG Contract
California’s Mare Island Dry Dock posted a notice on its webpage on January 1 reporting that it has made the “difficult decision”...
Read More >>Japan Suspends Kawasaki Heavy Industries for Submarine Engine Data Fraud
The Japanese Ministry of Defense announced a series of steps it is taking after investigations confirmed that Kawasaki Heavy Indus...
Read More >>Happy Holidays From the Team at The Maritime Executive
Stay on Top of the Daily Maritime News The maritime news that matters most Get the latest maritime news delivered to your inbox da...
Read More >>Takeover Offers Prompt Debate Over ZIM's National Security Role
Shares in Israeli container line ZIM soared in value on Tuesday after the company's board said that it is evaluating a possible pr...
Read More >>Product Tanker Giant Hafnia Launches Plan for Mega-Merger with Torm
World-leading product tanker company Hafnia has purchased a large block of shares in competitor Torm, and has signaled plans to pu...
Read More >>ONEX Shipyards Wins Greece’s First Newbuild Order in Decades
Greece’s ONEX Shipyards and MEGATUGS announced an agreement to build new tugboats at the Elefsina shipyard. It makes a key milesto...
Read More >>Report: Instability Costs Western Indian Ocean Economy $1.1B a Year
The Western Indian Ocean (WIO) continues to see a rise in maritime threats, with Red Sea security remaining uncertain throughout 2...
Read More >>Shaping Class for the Future
This has been a significant year for ClassNK and for Hayato Suga, who stepped up to the role of President & CEO in March. Drawing...
Read More >>From Digitalization to Automation: 2026 Will Redefine Maritime Operations
This year has marked a major leap forward in maritime digitalization, driven by rapid advances in AI and a surge in tools supporti...
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