CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.The Hong Kong conglomerate's plan to sell the business, which would include two ports along the strategically important Panama Canal
Taylor Marine Construction, Inc. announced the startup of Taylor Marine Shipyard, a new Gulf Coast commercial vessel repair and haul-out facility positioned on Dickinson Bayou, immediately adjacent to the Houston Ship Channel near Lights 45 and 46. The shipyard is scheduled to place its 660-ton Marine Travelift into full commercial service in August 2026.
On January 22, 2026, Eastern Shipbuilding Group (ESG) and partners, U.S. Army Corps of Engineers (USACE) and Royal IHC, held a keel laying ceremony for the ongoing construction of the Dredge DONNELLY at Eastern’s Allanton Facility.The DONNELLY is a Medium Class Hopper Dredge that has been under construction since April 2025.
Francbord, a new Breton industrial group resulting from the evolution of the Ecomer group, announced its merger with the SME Enag, strengthening the group's position as a supplier of technological solutions dedicated to the maritime sector and industry.This operation was made possible thanks to a new fundraising initiative by the maritime sector decarbonization fund managed by Bpifrance, Unexo
A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U.S. Departments of the Interior and Commerce and the Environmental Protection Agency have been implementing a directive to halt all
Danish shipping company NORDEN has acquired the Southern African cargo activities of Taylor Maritime, previously operated under the IVS brand, adding to its growing parceling and project cargo business.As part of the deal, NORDEN will take over the specialist parceling team based in Durban, South Africa, led by Brandon Paul, who will continue serving customers on parcel trades from South Africa.
HII appointed Tim Taylor as vice president of engineering, technology and design at its Newport News Shipbuilding division.Taylor, a U.S. Navy veteran, has served NNS for 29 years in positions of increasing responsibility, including work control, submarine ship’s safety and sea trial coordination. He currently serves as director of nuclear test engineering.
Interferry, the global association representing the ferry industry, announced the appointment of six new members to its Board of Directors. These new director appointments, approved at the Annual General Meeting (AGM) in Sorrento on October 6, reflect the diversity and global reach of the ferry industry.
The U.S. Navy’s Naval Undersea Warfare Center (NUWC) Division Newport has honored 42 students who completed its Academic Degree Training Program (ADTP), earning degrees in engineering, cybersecurity and other technical fields.Since the inception of ADTP in 2018, Division Newport has seen a total of 315 graduates in the program which offers financial and other support.
Danish shipping company Maersk said on Monday that a fire that broke out onboard the vessel Marie Maersk off Liberia on Wednesday last week had stopped spreading, and that firefighting efforts would be intensified further."Over the weekend, the crew's ongoing firefighting has stopped the fire onboard from spreading further," Maersk said in an emailed statement.
Danish shipping company Maersk MAERSKb.CO said on Monday that a fire that broke out onboard the vessel Marie Maersk off Liberia on Wednesday last week had stopped spreading, and that firefighting efforts had intensified.(Reuters)
A fire broke out onboard a Maersk container vessel off the coast of Liberia on Wednesday and the crew was still battling to put out the flames a day later, the Danish shipping group said on Thursday."The crew of the Marie Maersk detected smoke coming from containers onboard the vessel en route from Rotterdam, The Netherlands to Tanjung Pelepas, Malaysia," Maersk said.