Monday, August 03, 2026
MORE TOP STORIES
Singapore is reimagining its busy seaport with a new port district for container transshipment, Tuas Port (MPA Singapore)

Study: Asian Ports Need $12B a Year in Investment

Published Aug 2, 2026 11:06 PM by The Maritime Executive

As an emerging economic powerhouse, the East Asia and Pacific region has become one of the most trade-dependent regions in the world. At the heart of this trade is a strong reliance on efficient ports, ships and fuel supply chains. For instance, China has made massive investments in its ports sector, delivering unparalleled efficiency for its trade-centered economy. But a recent World Bank report is warning of rising systemic weaknesses affecting maritime transport across the Pacific region. In the port...

Continue Reading...
Lone Star State

Study: Long Jones Act Waiver Could Cut U.S. Shipbuilding Activity by $2.6B

Published Aug 2, 2026 10:40 PM by The Maritime Executive

In a new study conducted for the Transportation Institute, international consultancy PwC has calculated the potential cost to U.S. maritime capability if the White House's Jones Act waiver is sustained for a protracted period: up to $2.6 billion in lost domestic shipbuilding demand, $1.8 billion in lost tax revenue, and $12 billion in lost labor income in a worst-case scenario. As a response to the soaring energy prices brought on by the conflict with Iran, the White House instituted a...

Continue Reading...
Civilian-crewed fleet oiler RFA Tidespring (Royal Navy file image)

UK Government Ends Royal Fleet Auxiliary Labor Dispute with Pay Increase

Published Aug 2, 2026 8:14 PM by The Maritime Executive

The UK government is moving to end the protracted labor disputes that have disrupted the Royal Fleet Auxiliary (RFA) in recent years, reaching an agreement with unions on a long-sought pay increase for more than 1,750 civilian ratings, officers and apprentices. After downing their tools at least four times over the past two years, RFA personnel get a 4.5 percent pay raise backdated to April 1, 2025 and a 3.6 percent pay raise backdated to April 1 this year. The...

Continue Reading...
Whales

Fiber-Optic Cables Can be Used to Track "Silent" Bow Wave Vibrations

Published Aug 2, 2026 7:52 PM by Gemini News

[By Nancy Bazilchuk] A 100-year-old equation and a fibre-optic cable off the coast of Svalbard led researchers to discover they could detect swimming whales — even if they were completely silent. The discovery broadens the tools that biologists could someday use to detect and monitor these marine giants. Fibre-optic cables lace the planet’s oceans, carrying everything from telephone conversations to banking information. In 2020, NTNU researchers figured out that those cables can also serve as a passive listening device, allowing...

Continue Reading...
MORE STORIES BY CATEGORY

Offshore

wind turbine installation vessel Charybdis

Dominion Energy Makes Progress on Offshore Wind but Delays Completion Date

The largest offshore wind energy project in the United States, Coastal Virginia Offshore Wind (CVOW), continues to make good progress with its construction and installation, Dominion Energy told investors during its quarterly update. The company reports the project has passed the 80 percent completion mark and is generating a significant amount of electricity, but it has extended the target completion date to the end of 2027 and added approximately two percent to the budget. “The strategic value of CVOW hasn’t...

Continue Reading...

Shipbuilding

Courtesy TISG / CC BY SA 4.0

Distressed Luxury Yacht Builder Italian Sea Group Plans Equity Raise

Luxury yacht builder The Italian Sea Group has posted a net loss for 2025, and despite a plan to issue shares to bring in more capital, its board of directors has flagged "significant uncertainties . . . regarding the company's ability to continue as a going concern." TISG's financial standing has been deteriorating since 2025 due in part to a $70 million increase in costs, which its board of directors attributes to "operational inefficiencies" and "misconduct on the part of...

Continue Reading...

Environment

Whales

Fiber-Optic Cables Can be Used to Track "Silent" Bow Wave Vibrations

[By Nancy Bazilchuk] A 100-year-old equation and a fibre-optic cable off the coast of Svalbard led researchers to discover they could detect swimming whales — even if they were completely silent. The discovery broadens the tools that biologists could someday use to detect and monitor these marine giants. Fibre-optic cables lace the planet’s oceans, carrying everything from telephone conversations to banking information. In 2020, NTNU researchers figured out that those cables can also serve as a passive listening device, allowing...

Continue Reading...

Business

Jebel Ali, UAE

UAE Resumes Cross-Gulf Trade with Iran

A little-appreciated consequence of the all-out war that broke out in the Gulf on February 28 has been the disruption to the United Arab Emirates’ trade with Iran. A foundation of the Emirates’ extraordinary growth since 1979 has been its role as the import-export gateway to Iran. Not so long ago, about 90 percent of Iran’s trade with the outside world passed through DP World’s massive container terminal at Jebel Ali, where, from a central distribution point, global container liners...

Continue Reading...