Maritime Vessels Directory

China-based offshore wind foundations manufacturer Dajin Heavy Industry has delivered KING TWO, the second 40,000 DWT heavy deck carrier in its self-developed and self-built KING series.The delivery represents a step in expanding the company's offshore vessel-building capabilities, marking the transition of the vessel class into standardized batch construction following the commercial deployment of KING ONE.KING TWO has an overall length of 239.8 meters, a beam of 51 meters, a 12,000-square-metre cargo deck, and a range of 16,000 nautical miles.

Strong Cargo Demand Offsets Rising Costs for ONE

yesterday

Ocean Network Express (ONE) reported a profitable first quarter for fiscal 2026, overcoming higher fuel costs and geopolitical disruptions through strong cargo demand, disciplined capacity management and rising freight rates, while continuing to invest in fleet modernization under its long-term ONE2030 strategy.For the quarter ended June 30, 2026, the Singapore-based container carrier generated revenue of $4.54 billion, EBITDA of $707 million and EBIT of $76 million, resulting in a net profit of $31 million. The carrier transported 3.26 million TEU during the quarter at an average freight rate of $1,300 per TEU.

France Selects Five Ports for $300M Floating Wind Investment

5 days ago

France has selected five ports to receive nearly $300 million (€260 million) in funding under the France 2030 investment program to support infrastructure upgrades for the country's floating offshore wind industry.The projects, located at the ports of Cherbourg, Brest, Nantes-Saint-Nazaire, Port-la-Nouvelle and Marseille-Fos, were chosen under a 2024 call for projects aimed at adapting French port infrastructure for the manufacture, assembly and integration of floating offshore wind components.The government said the selected projects are expected to unlock nearly $1.

MarAd's Carmel: Great Lakes are Central to America's Maritime Revival

5 days ago

CHICAGO — July 30, 2026 — The United States cannot rebuild its maritime strength by focusing solely on its ocean coasts. Instead, the nation's industrial resurgence depends on recognizing the Great Lakes as one of America's five maritime coastlines and leveraging the region's unmatched manufacturing ecosystem, according to U.S. Maritime Administrator Stephen M. Carmel.Speaking at the American Great Lakes Ports Association's annual meeting in Chicago today, Carmel argued that the Great Lakes should be viewed not as a regional transportation network, but as a national strategic asset that is central to rebuilding America's commercial shipbuilding and industrial base.

US’ First National Coast Guard Museum Set to Open in One Year

40 minutes ago

One year from today, Americans will have the opportunity to experience the National Coast Guard Museum, the first national museum dedicated to preserving and sharing the history, heritage, and missions of the Coast Guard. The museum will open to the public during the week of Aug. 2, 2027, culminating with the Coast Guard’s birthday on Aug. 4.Currently under construction along the Thames River waterfront in New London, Connecticut, the 80,000-square-foot museum will feature five public decks with three exhibit floors, five thematic experience wings, a rotating gallery for special exhibitions, educational classrooms, and event space.

Maritime Reporter and Engineering News (June 2026)