Sunday, March 29, 2026
MORE TOP STORIES
Norwegian Aqua cruise ship at NCL terminal Miami

Norwegian Cruise Line Holdings and Activist Investor Agree to Board Change

Published Mar 27, 2026 9:20 PM by The Maritime Executive

Norwegian Cruise Line Holdings, the public parent company of the cruise lines, has reached a “cooperation agreement” with activist shareholder Elliott Investment Management that will see the company reconstitute its board of directors. Elliott had been calling for a change in the board and a new strategy to improve shareholder value at the cruise corporation. Under the agreement, four long-time board members will step down as of March 31, and they will be replaced by five new independent directors mutually...

Continue Reading...
Flag

Op-Ed: Who Speaks for America’s Maritime Workforce?

Published Mar 27, 2026 7:41 PM by Aaron Smith

In the recent segment on the American maritime industry on 60 Minutes, some of the most important questions facing the sector went unexplored, and it is worth taking a moment to fill in some of the gaps in the “who, what, when, where, why and how” of the story. First, why? As in, why has the American maritime and shipbuilding industry reached the point that it has? The answer is fairly simple, and comes down to three things: low-cost labor,...

Continue Reading...
fire burning in Russian oil terminal after attack

Ukraine Launches “Unprecedented” Attacks on Russia’s Baltic Oil Terminals

Published Mar 27, 2026 7:12 PM by The Maritime Executive

Russia’s oil exporting capabilities at its two main Baltic Sea terminals have been reportedly significantly impacted by a sustained series of attacks this week by Ukraine. Authorities for the Leningrad region wrote online on Friday, March 27, that the area had been on “high alert” since March 22 as it attempted to repel “unprecedented attacks by enemy drones.” New images captured from satellites appeared to show significant fires burning at both Ust-Luga and Primorsk. Reuters is estimating that up to...

Continue Reading...
smoke rising from Kuwait port

Iran Launches Assault on Kuwait’s Ports During Regional Escalation

Published Mar 27, 2026 5:17 PM by The Maritime Executive

In an apparent escalation of the attacks on neighboring states, reports indicated that sirens were going off in countries ranging from Kuwait to Qatar, Bahrain, and Saudi Arabia. There were multiple reports of drones being intercepted across the region, while Kuwait confirmed a coordinated assault on its ports. Iran said in its statement that it continues to attack sites associated with the U.S. military and provide support to the Americans. In an unconfirmed assertion, Iran claimed to have targeted its...

Continue Reading...
MORE STORIES BY CATEGORY

Offshore

Dreamyshade

Chevron Plans to Buy Oil From Sable's Controversial Santa Ynez Unit

Houston-based Sable Offshore, owner of the Santa Ynez platform complex and pipeline in Santa Barbara County, has a buyer for its production. Chevron says that it will begin buying 20,000 barrels per day from Sable now that the Trump administration has approved a restart of the former Santa Ynez pipeline, the oil major announced Tuesday. "We’re going to run Sable’s crude at El Segundo in April," Chevron president of downstream Andy Walz told Bloomberg. "We’re taking American crude oil, putting...

Continue Reading...

Shipbuilding

USCG Light Icebreaker

USCG Requests Proposals to Replace Outdated Light Icebreakers

The U.S. Coast Guard is looking to urgently move forward with its planned replacement program for its badly outdated Light Icebreaker class that dates to the 1960s. It posted a Request for Information providing just two and a half weeks for responses while saying it contemplates streamlined approaches related to contract design, reduced government oversight, source selection, and contract requirements. Icebreakers proved even more vital in 2026 in a winter that saw a deep freeze overtake much of the eastern...

Continue Reading...

Environment

Teeside industrial region UK

Carbon Storage Developers Complete Applications in UK’s Second CCS Round

The UK’s North Sea Transition Authority received bids for more than two million acres of seabed in its second carbon storage licensing round. Bidding closed on March 24 after having opened in December 2025 and follows the first four licenses, which were awarded in 2023, which have already begun efforts testing the injection process. A total of 21 licenses were awarded in the first round. The authority had reported strong initial interest before beginning the solicitation, and it now says...

Continue Reading...

Business

Norwegian Aqua cruise ship at NCL terminal Miami

Norwegian Cruise Line Holdings and Activist Investor Agree to Board Change

Norwegian Cruise Line Holdings, the public parent company of the cruise lines, has reached a “cooperation agreement” with activist shareholder Elliott Investment Management that will see the company reconstitute its board of directors. Elliott had been calling for a change in the board and a new strategy to improve shareholder value at the cruise corporation. Under the agreement, four long-time board members will step down as of March 31, and they will be replaced by five new independent directors mutually...

Continue Reading...