Monday, December 08, 2025
Media Kit
container offloading to chaise

Retailers Expect Declining Import Cargo Volume to Continue in 2026

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LST-100

U.S. Navy Picks Damen's LST-100 Design for Series of 35 Landing Ships

Published Dec 8, 2025 4:04 PM by The Maritime Executive

  The U.S. Navy has picked Damen's LST-100 design as its final selection for the Landing Ship Medium (LSM) program, emphasizing produceability and affordability rather than exquisite capability for the high-end fight.  According to Navy Secretary John Phelan, the selection is an "operationally-driven, fiscally-disciplined choice" that will deliver oceangoing, beach-capable cargo vessels to the Navy and Marine Corps on a "responsible timeline." A present this capability is only found in the U.S. Army's watercraft community, which operates a small fleet...

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listing cargo ship

Vietnam and Malaysia Coordinate to Rescue Crew from Listing Cargo Ship

Published Dec 8, 2025 2:58 PM by The Maritime Executive

  Vietnamese officials are highlighting a successful coordination with their counterparts in Malaysia to rescue the crew from a cargo ship that had taken on a dangerous list. The crew was safely transported to Malaysia while attempts are being made to tow the cargo ship Kayo (5,200 dwt). The incident began around midnight on Friday, December 5, when the Vietnamese Maritime Search and Rescue Coordination Center picked up a distress call from the cargo ship Kayo. The vessel, built in...

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Le Havre port

French Senate Adopts Environmental Tax on Cruise Passengers

Published Dec 8, 2025 1:58 PM by The Maritime Executive

Lawmakers in France were successful in adding a new tax on cruise passengers to the proposed 2026 French state budget. They contend the tax is to counter the environmental impact of cruises on coastal France. The senators presenting the measure assert it is a “polluter pays” tax, singling out the emissions of cruise ships while in ports. They argue that it would not harm the attractiveness of the sector but would provide additional finances to protect and enhance...

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Hyundai shipbuilding

HD Hyundai Moves Forward with Plans to Establish an Indian Shipbuilder

Published Dec 8, 2025 1:38 PM by The Maritime Executive

  South Korea’s largest shipbuilding group, HD Hyundai, is continuing to take steps toward developing a large shipbuilding yard in India. The company is exploring multiple opportunities to support the Indian government initiative to make the country an international leader in shipbuilding. HD Hyundai reports it has signed a strategic partnership with the Tamil Nadu state government in southeast India on the Bay of Bengal regarding the establishment of a new shipyard. They plan to work together to explore sites...

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Offshore

German offshore wind farm

Wind Farm to Power Amazon and Google Sends First Power to German Grid

  The Borkum Riffgrund 3 offshore wind farm started feeding its first power to the German grid on December 3. The wind farm marks another milestone both for Germany and the EU, becoming the largest offshore wind farm in Ørsted’s German portfolio and one that has contracted more than four-fifths of its power with long-term corporate power purchase agreements. Located about 45 miles off the German coast in the North Sea, the project is being developed in a partnership between...

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Shipbuilding

Keel authentication

Austal USA Holds Keel-Laying for its First Offshore Patrol Cutter

  On Monday, Austal USA laid the keel for the future USCGC Pickering, the first vessel for the yard's Offshore Patrol Cutter contract for the U.S. Coast Guard. The service has executed options for six hulls, and the contract provides for as many as 11 vessels.  The OPC will provide a replacement for the service's medium-endurance cutters (WMECs), many of which are well past their planned service lives. The new vessel class has been a long time coming, and Austal...

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Environment

tanker with suction sails

EPS Tanker Studied to Determine Results of Wind-Assisted Propulsion

A new study seeks to quantify the beneficial impact of adding wind-assisted propulsion to vessels while also establishing a framework for assessing the technology’s benefits in reducing fuel consumption and emissions. The study, which took place on the Eastern Pacific Shipping product tanker Pacific Sentinel (50,322 dwt), was conducted in association with the Global Center for Maritime Decarbonisation in Singapore.   The authors of the study highlight that one of the key barriers to the adoption of wind-assisted...

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Business

COSCO containership

COSCO Goes Big with $7B Order for 87 Ships in Vessel Renewal Project

In an industry familiar with large orders, China’s COSCO Shipping has nonetheless drawn attention with reports that it signed an order that will see the company build 87 new vessels across all segments of its fleet. China State Shipbuilding reports the order is valued at approximately $7 billion, although it cautions in a stock exchange filing that the final terms will evolve as the projects proceed. Chinese media is reporting that it is the largest ever order placed...

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