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Maritime News
Missing $8 Billion in Shadow-Fleet Oil Revenue Primes Iran for Revolt
Early readers of the Maritime Executive magazine’s Nov/Dec edition will have been pre-warned about Iran’s Velayat-e Faqih regime being on…
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Marine World
India’s $5.4 Billion Shipbuilding Gambit Takes Aim at China—and Rattles the West
India just threw down $5.4 billion to crash the global shipbuilding party. For Western yards already struggling against Asian dominance,…
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Marine World
Panama Canal Delivers Nearly $3 Billion to Treasury After Drought Recovery
Strong traffic growth and recovered water levels lifted FY 2025 revenue to $5.7 billion after 2024 drought disruptions. The Panama…
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Marine World
HD Hyundai Confirms $1.5 Billion Containership Order in Largest Deal Since 2007 Boom
South Korean shipbuilding giant HD Hyundai has secured a 2.13 trillion won ($1.5 billion) contract to build eight dual-fuel containerships…
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Marine World
MSC Cruises Commits €3.5 Billion to French Shipbuilding with Two New World Class Ships
MSC Cruises and Chantiers de l’Atlantique announced orders for two additional World Class cruise ships on Wednesday during a ceremony…
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Marine World
Apollo Agrees to Invest $6.5 Billion in Orsted Wind Farm
Funds managed by Apollo Global Management Inc. agreed to invest $6.5 billion in Orsted A/S’s Hornsea 3, the UK offshore…
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Marine World
Pakistan Eyes 2026 Launch For First Chinese Submarine In $5 Billion Arms Deal
By Joe Cash BEIJING, Nov 3 (Reuters) – The Pakistan Navy expects its first Chinese-designed submarine to enter active service next year, the country’s…
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Marine World
Maersk Signals $2 Billion Investment in Indian Port Infrastructure
A.P. Moller – Maersk announced a series of strategic initiatives to expand its operational footprint in India during India Maritime…
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Marine World
DP World Commits $5 Billion to India’s Maritime Infrastructure
DP World announced a $5 billion investment pledge for India’s infrastructure development at India Maritime Week 2025, building on three…
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Marine World
Pakistan Navy Seizes Nearly $1 Billion Worth of Meth and Cocaine in Arabian Sea
The Pakistan Navy , operating under the Saudi-led Combined Task Force 150 of Combined Maritime Forces, seized more than $972…
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