Business News

NYK Plans Long-Term Preservation of Japan’s Last Surviving Ocean Liner

Published Jan 2, 2026 3:44 PM by The Maritime Executive

Planning is underway for the long-term preservation of the 95-year-old former ocean liner Hikawa Maru, which is now on permanent d...

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Mare Island Dry Dock Closes After Losing USCG Contract

Published Jan 1, 2026 5:28 PM by The Maritime Executive

California’s Mare Island Dry Dock posted a notice on its webpage on January 1 reporting that it has made the “difficult decision”...

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Japan Suspends Kawasaki Heavy Industries for Submarine Engine Data Fraud

Published Dec 29, 2025 4:19 PM by The Maritime Executive

The Japanese Ministry of Defense announced a series of steps it is taking after investigations confirmed that Kawasaki Heavy Indus...

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Happy Holidays From the Team at The Maritime Executive

Published Dec 24, 2025 5:05 PM by 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...

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Takeover Offers Prompt Debate Over ZIM's National Security Role

Published Dec 23, 2025 11:14 PM by The Maritime Executive

Shares in Israeli container line ZIM soared in value on Tuesday after the company's board said that it is evaluating a possible pr...

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Product Tanker Giant Hafnia Launches Plan for Mega-Merger with Torm

Published Dec 23, 2025 2:47 PM by The Maritime Executive

World-leading product tanker company Hafnia has purchased a large block of shares in competitor Torm, and has signaled plans to pu...

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ONEX Shipyards Wins Greece’s First Newbuild Order in Decades

Published Dec 22, 2025 8:11 PM by The Maritime Executive

Greece’s ONEX Shipyards and MEGATUGS announced an agreement to build new tugboats at the Elefsina shipyard. It makes a key milesto...

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Report: Instability Costs Western Indian Ocean Economy $1.1B a Year

Published Dec 21, 2025 8:13 PM by The Maritime Executive

The Western Indian Ocean (WIO) continues to see a rise in maritime threats, with Red Sea security remaining uncertain throughout 2...

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Shaping Class for the Future

Published Dec 17, 2025 10:26 PM by ClassNK

This has been a significant year for ClassNK and for Hayato Suga, who stepped up to the role of President & CEO in March. Drawing...

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From Digitalization to Automation: 2026 Will Redefine Maritime Operations

Published Dec 17, 2025 8:55 PM by Fabian Fussek

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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