Weather Continues to Delay Salvage Efforts for MSC Baltic III

Cook Islands Politicians Question Role Supporting Shadow Fleet

Published Mar 7, 2025 3:29 PM by The Maritime Executive

The Cook Islands as a registry of ships has become one of the topics of the reporting on the shadow fleet of tankers servicing the Russian oil industry. Now politicians in the small Pacific Island nation are questioning their role in the shadow fleet and how the reporting is impacting the image of the nation. After repeated news reports highlighting vessels registered in the country, the Cook Island News reports it became the issue of questions during last...

Report: Trump Seeks Allies Support to Penalize Chinese Shipbuilding

Published Mar 7, 2025 2:12 PM by The Maritime Executive

The Trump administration is reported to be building out its plans to penalize China for its subsidy of the shipbuilding industry by seeking international support while also linking it to the rebuilding of U.S. shipbuilding and breaking China’s monopoly on cargo cranes. Reuters and The Wall Street Journal have seen drafts of executive orders proposed to Trump that follow up on the recommendations of the U.S. Trade Representative’s Office and the announced White House office on...

In the Know 66: Montreal Port Authority's Julie Gascon on Tariffs & Trade

Published Mar 7, 2025 12:27 PM by The Maritime Executive

Tariff uncertainties are a top concern for port authorities in North America, given the potential effects on trade flows with the United States. To get a Canadian perspective on the impact of tariffs and the broader picture of trade in the Seaway-Great Lakes region, TME spoke with Julie Gascon, who recently completed her first year as the President and CEO of the Montreal Port Authority. She is a master mariner and spent most of her career on Canadian Coast Guard ships on the...

CMA CGM Group Plans $20 Billion Investment in U.S. Maritime and Logistics

Published Mar 7, 2025 10:47 AM by The Maritime Executive

CMA CGM Group announced plans for a significant $20 billion investment into the U.S. maritime and logistics sectors expanding on its previous plans to expand its U.S. port terminals and logistics operations. The announcement came as Chairman and CEO of CMA CGM Group Rodolphe Saadé met with President Donald Trump and alluded to U.S. shipbuilding plans. The French group currently owns seven terminals in the U.S. including in the Port of New York New Jersey and Los Angeles. It...

Shipping

Video: Sanctioned Shadow Tanker Struck by Containership off Turkey

One of the mysterious tankers operating in the shadow fleet and sanctioned late last year was involved in an incident off Turkey late on Friday, March 7. Turkish authorities have not commented on the allision where the tanker was hit by a Turkish-owned containership, but it was captured on video which was broadcast on Turkish TV. The tanker named Mia (149,686 dwt) was anchored approximately 5 miles offshore near Istanbul. The vessel’s ownership is considered to be murky...

Tugs & Salvage

Weather Continues to Delay Salvage Efforts for MSC Baltic III

The Canadian Coast Guard provided an update on the ongoing operations to salvage the grounded containership MSC Baltic III saying the focus remains on the fuel aboard the ship and the prevention of environmental damage. While there is daily activity, the Coast Guard reports weather and ice conditions are impacting the operations about 50 percent of the time and many days teams are not able to get aboard the vessel. The 37,636 dwt containership blacked out on February 15...

Government

U.S. Coast Guard Offloads Six Tonnes of Cocaine in Miami

On Thursday, the U.S. Coast Guard cutter Valiant offloaded nearly six tonnes of cocaine onto a pier at Coast Guard Base Miami Beach, just three miles from the city's famous nightclub district - but the drugs are not for distribution. The giant $140 million haul will be destroyed, adding to the long list of multi-tonne busts that the Coast Guard completes every year. The seizures resulted from six interdictions in the Caribbean last month, carried out by Coast Guard units...

Corporate News

Knud E. Hansen Announces New Managing Director

[By: Knud E. Hansen] On 1st March 2025, Denmark-based maritime consultancy Knud E. Hansen announced changes to its senior management structure. The move sees Javier Suárez succeeding Finn Wollesen Petersen as the company’s Managing Director. The move to the new management structure is part of a planned process that has been taking place over the past months. During this time, Javier and Finn have worked very closely together in order to facilitate a smooth transition. Finn, who has held...

Cruise Ships

Mitsui OSK Buys Second Seabourn Ship from Carnival to Grow Domestic Cruises

Japan’s Mitsui Ocean Cruises reports it has purchased a second, small luxury cruise ship from Carnival Corporation’s Seabourn Cruise Line as it seeks to expand its domestic cruise operations. The shipping major best known for its bulker operations announced plans in 2023 to diversify its business with an expansion of its cruise line which was operating a single ship. The Seabourn Sojourn (32,477 gross tons) was delivered to MOL on February 28 and immediately chartered back to Seabourn to...

Ports

In the Know 66: Montreal Port Authority's Julie Gascon on Tariffs & Trade

Shipping

Video: Sanctioned Shadow Tanker Struck by Containership off Turkey

Tugs & Salvage

Weather Continues to Delay Salvage Efforts for MSC Baltic III

Government

U.S. Coast Guard Offloads Six Tonnes of Cocaine in Miami

Corporate News

Knud E. Hansen Announces New Managing Director

Cruise Ships

Mitsui OSK Buys Second Seabourn Ship from Carnival to Grow Domestic Cruises

Ports

In the Know 66: Montreal Port Authority's Julie Gascon on Tariffs & Trade

Offshore

Migrants Rescued After Seeking Shelter on Mediterranean Oil Platform

A group of migrants was rescued after spending four days on a Mediterranean gas platform. One of the NGOs active in the region, the Berlin-based Sea-Watch, finally intervened and with permission from Italy landed 32 survivors and one deceased individual. It was the second incident with the same platform in the past three years. The drama began on Saturday, March 1 when the NGO’s patrol aircraft Seabird which monitors the flow of migrants in the Mediterranean reported it had...

Shipbuilding

Canada Places Order with Seaspan for Construction of Heavy Polar Icebreaker

The Canadian government today, March 7, marked the contract signing for a new polar icebreaker to be built at Seaspan Shipyard making official an order first announced in 2021. Under the National Shipbuilding Strategy, the government is renewing the fleets of the Royal Canadian Navy and the Canadian Coast Guard including two heavy polar icebreakers providing the Canadian Coast Guard the ability to operate self-sufficiently year-round in the high Arctic down to temperatures at -50° C. The contract...

Environment

EU Audit Finds Polluting Ships “Slip Through the Net” with Lax Enforcement

Despite significant resources and financial investments, the European Court of Auditors found in a new report that ships continue to pollute EU maritime waters with shortcomings in the tracking and enforcement. The auditors are calling for further steps and possible enhancements in the environmental action program to meet the EU’s zero pollution ambition. The audit focused on ship-sourced pollution and the more than a decade of regulations from the EU. It examined EU actions between January 2014 and...

Business

CMA CGM Group Plans $20 Billion Investment in U.S. Maritime and Logistics

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Weather Continues to Delay Salvage Efforts for MSC Baltic III

Cook Islands Politicians Question Role Supporting Shadow Fleet

Report: Trump Seeks Allies Support to Penalize Chinese Shipbuilding

In the Know 66: Montreal Port Authority's Julie Gascon on Tariffs & Trade

CMA CGM Group Plans $20 Billion Investment in U.S. Maritime and Logistics

Video: Sanctioned Shadow Tanker Struck by Containership off Turkey

Weather Continues to Delay Salvage Efforts for MSC Baltic III

U.S. Coast Guard Offloads Six Tonnes of Cocaine in Miami

Knud E. Hansen Announces New Managing Director

Mitsui OSK Buys Second Seabourn Ship from Carnival to Grow Domestic Cruises

In the Know 66: Montreal Port Authority's Julie Gascon on Tariffs & Trade

Colonial Oil Industries Expands Marine Fueling With New Towboat and Barge

XMAR: Is Shipping Ready to Evolve with AI and Data-Driven Decision-Making?

EU Can Do It! Five Simple Steps to FuelEU Maritime Compliance

Video: Sanctioned Shadow Tanker Struck by Containership off Turkey

Weather Continues to Delay Salvage Efforts for MSC Baltic III

U.S. Coast Guard Offloads Six Tonnes of Cocaine in Miami

Knud E. Hansen Announces New Managing Director

Mitsui OSK Buys Second Seabourn Ship from Carnival to Grow Domestic Cruises

In the Know 66: Montreal Port Authority's Julie Gascon on Tariffs & Trade

Migrants Rescued After Seeking Shelter on Mediterranean Oil Platform

Canada Places Order with Seaspan for Construction of Heavy Polar Icebreaker

EU Audit Finds Polluting Ships “Slip Through the Net” with Lax Enforcement

CMA CGM Group Plans $20 Billion Investment in U.S. Maritime and Logistics

Maritime Industry Conferences and Events

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