Friday, January 24, 2025
Media Kit
Iranian speed boats

Vessels Approached and Hailed as Iran Stages Persian Gulf Naval Exercise

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Finnish tactical team boards the Eagle S by helicopter, Dec. 25-26 (Finnish Border Guard)

Experts Scrutinize "Accident" Explanation for Baltic Cable Damage

Published Jan 23, 2025 10:09 PM by The Maritime Executive

Over the past week, U.S. and Finnish intelligence officials have told media that there is no evidence that Russia was behind the cutting of five subsea cables in the Gulf of Finland on Christmas Day, and that the tanker that caused the damage likely dragged anchor for 50 miles by accident. But the "accident" claim is drawing pushback in Finland and Sweden, which were affected most by recent suspected subsea sabotage.  The incident on Dec. 25-26 was the third...

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TKMS

Germany May Build World's First Sub With Anti-Aircraft Missiles

Published Jan 23, 2025 10:04 PM by The Maritime Executive

  When it delivers in the early 2030s, Germany's next attack sub will be the only known example in the world with active defenses against sub-hunting helicopters, thanks to a procurement package passed in December. On January 23, Thyssenkrupp confirmed that it has received long-awaited funding for the Interactive Defence and Attack System for Submarines (IDAS). IDAS is a wire-guided antiaircraft missile that can be launched underwater, and is the only publicly known weapon of its kind ever ordered. Some...

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Abundant polymetallic nodules on the bottom in the Clarion-Clipperton Zone (NOAA)

With Support From Japan, Oceanographers Resume Study of "Dark Oxygen"

Published Jan 23, 2025 8:13 PM by The Maritime Executive

  Japan's Nippon Foundation plans to fund a new study of "dark oxygen," the recently-discovered ability of polymetallic nodules to separate water into hydrogen and oxygen. The small black nodules are coveted by deep-sea miners, who hope to make a fortune off of a new and abundant source of valuable metals - but oceanographers and environmentalists are not so sure. Last year, a team of researchers led by Prof. Andrew Sweetman of the Scottish Association for Marine Science (SAMS) visited the Clarion-Clipperton...

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cruise ship protest

French Mayor Calls for Cruise Ship Ban on French Riviera

Published Jan 23, 2025 6:40 PM by The Maritime Executive

  The mayor of Nice, France, a popular tourist destination along the French Mayor Calls for Cruise Ship Ban on French Riviera, joined the growing number of destinations calling for restrictions on cruise ships. He cited the now familiar complaints of overtourism and pollution while proposing a ban starting this summer to stop large cruise ships from anchoring in the picturesque bay between Nice and Villefranche long known as a destination for the rich and famous. “Tourism yes, overtourism no,”...

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Offshore

Vigo

High Seas Bust on Russia-Bound Boxship Leaves Spanish Police Empty-Handed

  After a high seas boarding, Spain's Guardia Civil brought the boxship Baltic Summer into port at Vigo to be searched for drugs - the latest in a series of busts at the quiet port of Vigo, just north of the Portuguese border. This time, however, the authorities came away empty-handed. Baltic Summer was under way on a voyage from Puerto Bolivar, Ecuador when it was stopped by Spanish authorities and diverted to the harbor at Vigo, with assistance from...

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Shipbuilding

LNG fueled containership bunkering

New $2.6B Containership Order in Korea Linked to CMA CGM

The boom in containership construction and the transition to alternative fuels continues with South Korea’s HD Korea Shipbuilding & Offshore Engineering reporting its first order of 2025. The shipbuilder which is part of HD Hyundai booked an order valued at approximately $2.58 billion which is being widely linked to French shipping giant CMA CGM Group. Reports from South Korea reported a letter of intent was in place and the industry was broadly reporting the order as a follow-on...

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Environment

The vast expanse of A23a near South Georgia (BFSAI)

World's Largest Iceberg Drifts Slowly Towards South Georgia

The world's largest iceberg is slowing heading towards the island of South Georgia, where it may have serious affects on local wildlife.  Iceberg A23a is so big that it ihard to visualize: at 1.1 million acres in area, it is about 75 times larger than Manhattan (and shrinking). Fornow, it measures about 40 nautical miles by 32 nautical miles on a side, and it weighs about one trillion tonnes. Its sheer sides tower more than 1,300 feet above the water,...

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Business

PSV vessel offshore

Havila Shipping Disputes Allegations of Default by Banks in Refinancing

  Offshore services provider Havila Shipping is disputing claims by three of its bank lenders that the company is in default of its refinancing agreements. The company had worked for months before reaching terms in October 2024 to refinance nearly $91 million of debt due at the end of 2024 related to four now sold vessels and two that it continues to operate. Havila is one of Norway’s large supply service companies to the international offshore energy industry. The company...

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