Thursday, July 02, 2026
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Congress

House Leaders Call for an End to White House's Jones Act Waiver

Published Jul 1, 2026 8:46 PM by The Maritime Executive

The Republican leaders of the House of Representatives have written to the White House to ask for an eventual end to the sweeping 150-day waiver of the Jones Act. The waiver is the longest and broadest in scope since at least 1950, and industry advocates say that it is already having damaging effects on the health of America's domestic maritime sector. The petition's signatories include all relevant House decisionmakers, including House Speaker Mike Johnson (R-LA), House Oversight chairman Rep. James...

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A helicopter takes off from the deck of USS George H.W. Bush, June 2026 (USN)

One Missing in U.S. Navy Helicopter Crash in Arabian Sea

Published Jul 1, 2026 7:57 PM by The Maritime Executive

A helicopter from the carrier USS George H.W. Bush has gone down in the Arabian Sea, prompting a sustained search and rescue effort. At about 0330 Eastern Time on July 1 - late morning in the region - an MH-60S Sea Hawk helicopter went down in the Arabian Sea with four crewmembers on board. Three were rescued swiftly and are on board in stable condition, according to U.S. 5th Fleet. The fourth crewmember remains missing, and Navy assets in the...

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Hamburg Germany container terminal

Hapag-Lloyd Continues to Invest in its Portfolio of Port Terminals

Published Jul 1, 2026 7:15 PM by The Maritime Executive

Hapag-Lloyd, three years after launching a port terminal company, Hanseatic Global Terminals, is continuing to expand its portfolio. The company announced negotiations for investments in Hamburg, Germany, and Tangier Med, Morocco, for its portfolio as it works toward a goal of more than 30 terminals by 2030. The company has completed a terms sheet outlining the key conditions for an intended investment in Eurogate Container Terminal Hamburg. It calls for Hanseatic Global Terminals to acquire a 20 percent stake in...

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Navy personnel launch a drone boat in an exercise in Gdynia, Poland, June 2026 (USN)

Pentagon Puts All Drone Programs Under One Office, Except Navy's MUSV

Published Jul 1, 2026 6:45 PM by The Maritime Executive

As the Pentagon moves to expand its unmanned-systems programs in all domains and across all service branches, it is setting up a new command center for all U.S. military drone acquisition and R&D programs. The newly-formed office - dubbed the Direct Reporting Portfolio Manager for Unmanned Systems, and referred to day-to-day as the DRPM-UxS - will be in charge of overseeing drone subs, drone boats, terrestrial drones and airborne drones, both autonomous and remotely-controlled. "While global military unmanned systems production...

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Offshore

China floating wind platform and 16 MW turbine

China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform

China continues its developments, placing it at the forefront of the offshore wind energy sector. In the latest development, officials reported deploying the largest tension-leg floating offshore wind platform designed to hold a 16 MW turbine. The platform was assembled at the Gaolan Port in Zhuhai, south China, and departed on June 28 for its deployment in the South China Sea. The structure stands more than 307 meters (1,007 feet) and weighs almost 8,000 tonnes. It is the largest of...

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Shipbuilding

South Korean shipbuilder

Gunsan Shipyard to Restart Shipbuilding After Nine Years

Plans to fully relaunch the long-dormant Gunsan Shipyard in South Korea got a boost as the company signed a letter of intent to build its first ships in nine years. The contract was announced concurrently with the closing of the acquisition of the yard by an investment group from HD Hyundai. The yard had fallen victim to a downturn in the shipbuilding industry nearly a decade ago and never achieved its full potential as an expansion for Hyundai’s shipbuilding operations....

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Environment

hydrogen-powered short-sea dry bulk carrier concept

Norway Accelerates Hydrogen-Power Bulker Project for Shortsea Shipping

Norway’s LH2 Shipping reports it is accelerating the development of hydrogen-powered shortsea shipping bulkers for the Baltic with an additional grant from the Norwegian government program to accelerate the green energy transition. The company will add a fifth and sixth bulker to its plan, saying that increased support reflects the growing momentum for liquid hydrogen as a viable alternative fuel for shortsea shipping. The company was awarded an additional grant of approximately $35.82 million from Enova, which it says will...

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Business

supply chain warehouse

CMA CGM Grows North American Logistics Buying FedEx Supply Chain for $1.4B

CMA CGM, like other major shipping carriers, is continuing its efforts to transform its business into an integrated shipping and logistics operation. On July 1, it announced it had an agreement to acquire FedEx Supply Chain, a subsidiary of FedEx Corp. Valued at $1.4 billion enterprise value, the acquisition will nearly triple the size of the North American contract logistics operations of CMA CGM’s subsidiary CEVA Logistics. By integrating FedEx Supply Chain, CEVA Logistics will become a leading contract logistics...

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