Friday, August 15, 2025
Media Kit
burnt out tanker

Malaysia Responded to Report of “Ghost Ship” Drifting Toward Oil Rigs

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methanol engine conversion

Everllence and MEYER RE Partner to Explore Methanol Refits for Cruise Ships

Published Aug 14, 2025 4:55 PM by The Maritime Executive

  Everllence, the rebranded MAN Energy Solutions engine business  and MEYER RE, the service business launched from Meyer Werft, are advancing their efforts for methanol retrofit solutions in the maritime industry, and especially for cruise ships. After forming a strategic partnership, the companies report they are taking significant steps towards reducing the sector’s carbon footprint while ensuring operational efficiency and compliance with stringent environmental regulations. The collaboration focuses on the retrofitting of existing Everllence four-stroke engines and vessels, providing a...

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Hapag containership

Hapag-Lloyd Cites Changes in Trade Policies in Reporting Lower Profits

Published Aug 14, 2025 3:19 PM by The Maritime Executive

  The container shipping industry’s fifth-largest carrier, Hapag-Lloyd, called its first half of the year results “in line with expectations,” but with declines in profits and a forecast of volatility, it took some of the “wind out of the sails” of the industry following Maersk’s positive earnings report a week ago. The German carrier talked of cost savings efforts and the potential for declining volumes, seeing its share price decline as much as nine percent, and others, including Maersk, down...

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Sounion

Houthis Publish a "Safety FAQ" for Red Sea Shipping

Published Aug 14, 2025 3:07 PM by The Maritime Executive

  The Houthi administration in Yemen has updated its Frequently Asked Questions (FAQs) page, which purports to give detailed advice on how to avoid the group's attacks in the Red Sea and Gulf of Aden. The Houthi advice is contained on a website maintained by the Humanitarian Operations Coordination Center (HOCC), the front organization used by the Houthis to add legitimacy to their threats and attacks on shipping. The website is extremely professional in its presentation, markedly more so than many...

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A sub alongside at a berth at Faslane (UK MoD)

UK MoD: Nuclear Safety Incidents at Sub Base Posed No Risk to Public

Published Aug 14, 2025 2:12 PM by The Maritime Executive

  Following a report of a minor leak of radioactive tritium at the Royal Navy's Faslane / Coulport nuclear ballistic missile submarine complex, UK politicians have begun asking questions about the frequency of reportable HSE incidents at the facilities. This week, the UK's defense minister confirmed that a serious "category A" safety incident occurred as recently as this spring - though the UK MoD maintains that the public and environment were never in danger.  The series of revelations began five...

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Offshore

India Tamil Nadu

India’s First Offshore Wind Tenders Fall Flat and are Canceled

The Solar Energy Corporation of India, a government entity set up to oversee the development of the country’s offshore wind energy sector, canceled its first two auctions after a year of attempting to drum up interest. Withdrawing the auctions is seen as a major setback for the country’s energy policy and the plans by Prime Minister Narendra Modi to drive industrial growth in the country. The tenders were released in 2024 and hailed as India’s entry into the...

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Shipbuilding

Star Princess cruise ship

Fincantieri Puts New Princess Cruise Ship Through Its Paces During Trials

Italian shipbuilding Fincantieri completed sea trials for Princess Cruises' second Sphere-Class ship, the Star Princess. The cruise ship, which is one of the largest ever built in Italy, is also the last of the pre-pandemic orders by Carnival Corporation, while continuing a strong year for Fincantieri. During the final sea trials from August 9 to 12, Star Princess departed the Fincantieri shipyard in Monfalcone, Italy, for the Adriatic Sea. The vessel completed a comprehensive series of tests, including...

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Environment

False killer whale

Study: Hawaii's False Killer Whales Could be Heading for Extinction

  The Hawaiian population of the false killer whale is trending towards extinction, according to a new study in the journal Endangered Species Research.  The false killer whale is a large, sharp-toothed dolphin that hunts large fish like tuna and mahi-mahi. When first discovered, it was initially classified in the same genus as the killer whale because of the similarities of its skull and other factors. It is found off the coasts of every continent; world-wide, it is considered near-threatened,...

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Business

HMM dry bulk carrier

Report: HMM Looks to Accelerate Diversification into Bulkers

  South Korean carrier HMM is reportedly looking to accelerate its diversification into dry bulk carriers in response to the growing pressures on the container shipping segment. The company has mapped for the past few years a strategy to expand into non-container segments, but according to a report in the Korean media, it has changed the execution after the collapse of talks to acquire assets from SK Shipping. The acquisition of SK would have provided HMM with a strong presence...

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