Sunday, June 28, 2026
Media Kit
Russian vessels in the English Channel

Russian Warships Linger in the English Channel

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Maritime Executive shipbuilding

The Maritime Executive’s Shipbuilding & Repair Edition is Now Online

Published Jun 27, 2026 11:20 AM by The Maritime Executive

“50 Years of Shipbuilding Excellence” - That's the theme of Eastern Shipbuilding Group's celebratory year and it coincides with the 250th anniversary of the country that made it all possible. Starting with one vessel in 1976, ESG has built more than 350 more over the years and is thriving under second-generation CEO Joey D'Isernia. It's a quintessentially American story, and you can read all about it in this edition's Case Study and Executive Interview! News Editor Paul Benecki takes a...

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Container

Container Rates Near a Two-Year High Amidst Renewed Tariff Concerns

Published Jun 26, 2026 10:16 PM by The Maritime Executive

2026 was widely expected to be a quiet year for container shipping, but events are proving the forecasts wrong. Containerized freight rates are approaching two-year highs, driven upwards by tariff expectations, limited capacity and the impact of the U.S.-Iranian war. This week, the Drewry World Container Index neared the $4,200 per FEU level, driven upward 40 percent year-over-year thanks to strong demand from American importers and strong ex-China bookings. The SCFI has more than doubled compared to rates seen last...

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Ras Tanura

Full Steam Ahead In the Strait of Hormuz? Not So Fast

Published Jun 26, 2026 8:49 PM by Erik Broekhuizen / Poten & Partners

On June 17, the US and Iran signed a 14-point memorandum of understanding (the “Islamabad Memorandum” or MoU). This set up a 60-day extension of the ceasefire, specifically intended for drafting a permanent treaty. The agreement committed both nations to an immediate and permanent cessation of military operations on all fronts. Another step was the immediate toll-free reopening of the Strait of Hormuz and the lifting of the U.S. naval blockade. A little more than a week after the agreement...

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A boarding team from the cutter USCGC Bear detains two suspects in the Eastern Pacific (USCG)

U.S. Coast Guard Offloads $60 Million Worth of Cocaine in Port Everglades

Published Jun 26, 2026 8:24 PM by The Maritime Executive

The crew of the U.S. Coast Guard cutter Bear has offloaded four tonnes of cocaine and a small cargo of marijuana onto the pier at Port Everglades, Florida, the result of three separate interdictions in the Eastern Pacific earlier this month. On June 11, the crew of the Bear detected a go-fast vessel and dispatched their embarked Helicopter Interdiction Tactical Squadron (HITRON) aircrew. The crew intercepted the vessel, caused it to come to a halt with airborne use-of-force tactics, and...

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Offshore

Connor Bordelon

US Coast Guard Charters an Offshore Vessel to Support its Cutters

The U.S. Coast Guard is taking a page from the U.S. Navy's operating manual and beginning to hire in civilian-crewed tonnage for sealift support, freeing up transit days for its cutters to remain at sea and stay on mission hunting drug-runners. The service's new Homeland Security Cutter-Ocean program is a newly-launched plan to bring in commercially operated vessels that can carry out the basic logistics on behalf of the cutter fleet, and specifically the Fast Response Cutters - small, capable...

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Shipbuilding

rock installation vessel Arcadia

First U.S.-Built Rock Installation Vessel Delivered into a Changed Market

A first-of-its-kind vessel, a rock installation vessel designed originally to focus on the emerging U.S. offshore wind energy industry, was delivered today, June 25, to Great Lakes Dredge & Dock Company by the Hanwha Philly Shipyard. The vessel, however, faces a different market, which has caused its owners to pivot to a new strategy. Ordered in November 2021, it was hailed for the opportunities as the first Jones-Act compliant vessel of its kind. Great Lakes Dredge & Dock ordered the...

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Environment

hydrogen-powered short-sea dry bulk carrier concept

Norway Accelerates Hydrogen-Power Bulker Project for Shortsea Shipping

Norway’s LH2 Shipping reports it is accelerating the development of hydrogen-powered shortsea shipping bulkers for the Baltic with an additional grant from the Norwegian government program to accelerate the green energy transition. The company will add a fifth and sixth bulker to its plan, saying that increased support reflects the growing momentum for liquid hydrogen as a viable alternative fuel for shortsea shipping. The company was awarded an additional grant of approximately $35.82 million from Enova, which it says will...

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Business

officer on deck

Deepening Crisis as Global Shipping Grapples with Workforce Shortage

The global shipping industry is staring at a deepening workforce crisis over the coming years, owing to the fact that the recruitment of certified officers and seafarers has failed to keep up with the growth in fleet numbers. A new report warns that the problem is likely to grow more acute unless actions are taken. The trade group BIMCO and the International Chamber of Shipping (ICS) released their five-year assessment on the state of the global shipping workforce. They are...

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