Wednesday, April 02, 2025
Media Kit
Chinese feeder containership

One Killed as New Chinese Domestic Boxship and Bulker Collide off Ningbo

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Resorts World One cruise ship

StarCruises Relaunches in Asia Three Years After Bankruptcy

Published Apr 1, 2025 8:01 PM by The Maritime Executive

Three years after the bankruptcy of Genting Hong Kong which resulted in the collapse of both Star Cruises and Dream Cruises the corporation has relaunched the brands. Earlier this year they announced plans to rebrand away from Resorts World Cruises back to the traditional brand names as part of the future growth strategy for the company. Star Cruises was launched 30 years ago and became known as one of the pioneers of modern cruising in Asia. The brand...

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Seagrass

Vanishing Protectors and Predators of the Saya de Malha

Published Apr 1, 2025 6:59 PM by Ian Urbina

  In November 2022, several scientists in scuba gear dove over the side of a 440-foot research ship, which had been sent to the Saya de Mahla Bank, a vast seagrass meadow in the Indian Ocean between Mauritius and Seychelles, more than 200 miles from land. Their goal that day was to film sharks. When they were not diving, the scientists submerged a remote-controlled submarine to search the sea column. Ranked as one of the largest and most advanced research...

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LPG carrier

NYK Doubles LPG Fleet with Takeover of ENEOS Ocean’s Shipping Business

Published Apr 1, 2025 6:31 PM by The Maritime Executive

  Japan’s NYK Group highlights that it has become one of the largest operators of LPG carriers as part of its growth strategy. The company last year agreed to take over the shipping business from ENEOS and reports it completed the acquisition on schedule, today April 1, for an estimated cost of just over $500 million. It was a two-stage transaction that first saw ENEOS, a Japanese petroleum company, transfer its LPG carriers, chemical and product tankers, and cargo ships...

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offshore wind farm

Four US Offshore Wind Projects Seek Regulatory Pauses Due to Uncertainties

Published Apr 1, 2025 4:46 PM by The Maritime Executive

  The offshore wind energy industry in the United States continues to face challenges with four project developers each filing in the past few days to pause their state-level regulatory reviews. The developers are reported to be citing “uncertainties” in the U.S. market or seeking to create protections based on potential future actions by the Trump administration. Donald Trump placed the industry under review after returning to the White House. He has repeatedly spoken against the industry citing assertions that...

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Offshore

offshore wind farm

Four US Offshore Wind Projects Seek Regulatory Pauses Due to Uncertainties

  The offshore wind energy industry in the United States continues to face challenges with four project developers each filing in the past few days to pause their state-level regulatory reviews. The developers are reported to be citing “uncertainties” in the U.S. market or seeking to create protections based on potential future actions by the Trump administration. Donald Trump placed the industry under review after returning to the White House. He has repeatedly spoken against the industry citing assertions that...

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Shipbuilding

Yang Ming containership

Yang Ming Buys Methanol Containerships as First Step in Fleet Optimization

  After reporting strong financial results for 2024, Taiwan’s Yang Ming took the first steps in a fleet optimization and expansion program first announced in December 2024. The company reported it is buying three under-construction dual-fuel methanol containerships from Japanese leasing company Shoei Kisen Kaisha. The three vessels are reported to already be on order with Imabari Shipbuilding. They are scheduled for delivery in 2028 and 2029 and each will have a capacity of 8,000 TEU. The report says they...

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Environment

Seagrass

Vanishing Protectors and Predators of the Saya de Malha

  In November 2022, several scientists in scuba gear dove over the side of a 440-foot research ship, which had been sent to the Saya de Mahla Bank, a vast seagrass meadow in the Indian Ocean between Mauritius and Seychelles, more than 200 miles from land. Their goal that day was to film sharks. When they were not diving, the scientists submerged a remote-controlled submarine to search the sea column. Ranked as one of the largest and most advanced research...

Continue Reading...

Business

LPG carrier

NYK Doubles LPG Fleet with Takeover of ENEOS Ocean’s Shipping Business

  Japan’s NYK Group highlights that it has become one of the largest operators of LPG carriers as part of its growth strategy. The company last year agreed to take over the shipping business from ENEOS and reports it completed the acquisition on schedule, today April 1, for an estimated cost of just over $500 million. It was a two-stage transaction that first saw ENEOS, a Japanese petroleum company, transfer its LPG carriers, chemical and product tankers, and cargo ships...

Continue Reading...