Russian Military Cargo Vessel Attacked in the Mediterranean

North Korean destroyer being commissioned

North Korea Commissions Second of its Largest Destroyers

Published Sep 7, 2026 4:16 PM by The Maritime Executive

In an elaborate ceremony full of pomp and celebration, North Korea commissioned the second of its new class of destroyers, the largest and most heavily armed in the history of the communist state. During the ceremonies, the country’s leader, Kim Jong Un, said it was part of a plan to strengthen and expand the country’s navy while alluding to more developments to come in the following months. The ceremonies took place at the Wonsan Port on September 6, reports the...

Potential U.S. Bidder Emerges to Challenge Hanwha for Austal USA

Published Sep 7, 2026 2:42 PM by The Maritime Executive

Australia-based Austal confirmed in a brief stock exchange statement on Monday, September 7, that it has had initial, preliminary discussions with a U.S.-based investment firm, Wildcat Infrastructure, which is reported to be interested in the Austal USA operations. Austal said it has not received any proposal, but if the U.S.-based investor proceeds, it would be challenging Hanwha Group, which has approval to proceed with due diligence after it expressed interest in acquiring the U.S. operations of Austal. Austal was responding...

At SMM, ABS Says the Best Green Investments are Agility and Efficiency

Published Sep 7, 2026 2:17 PM by The Maritime Executive

In a panel event just before the opening of SMM 2026, the American Bureau of Shipping updated its outlook for the state of green shipping and came away with a new conclusion: success doesn't depend on picking the right winning fuel - it depends on making the right capital decisions, preparing for multiple scenarios, investing in people and execution capacity, and staying ready to adapt. At present, future fuels are constrained by a hard market reality: charterers want the least-cost...

Yemen Coast Guard Stops Tanker After Delivery to Houthi-Controlled Port

Published Sep 7, 2026 12:48 PM by The Maritime Executive

Yemen Coast Guard Stops Tanker After Delivery to Houthi-Controlled Port The Yemen Coast Guard, which works for the internationally recognized government, has reportedly stopped a product tanker after it made a delivery in the Houthi-controlled port of Ras Isa. The Houthis have not responded to the seizure, but it is seen as another move in the increased conflict between the militants and the government backed by Saudi Arabia. The Houthis have increased their attacks on Saudi positions on both sides...

Shipping

Goldman, Rystad See Room for $120 Oil if U.S.-Iran Conflict Continues

As commodity traders adapt to a forecast of prolonged uncertainty and disruption in the Strait of Hormuz, oil prices are rising again - and analysts and Goldman see room to grow. Daab Struyven, who co-chairs commodities research at the investment bank, told Bloomberg TV on Monday that there could be a "meaningful upside to crude oil prices," which are already at their highest level in six weeks. As of Monday, Brent futures were trading in the range of $97, up...

Tugs & Salvage

ROV Inspection Confirms Wreck Site of Lost Turkish Freighter

Turkey's navy has found the wreck of the Tugberk Imamoglu, a coastal freighter that sank last week after a collision with a product tanker in the Sea of Marmara. 10 crewmembers of the lost cargo ship remain missing, and surface search efforts are ongoing; now that the hull has been found on the bottom, some 900 meters below the surface, additional efforts could be put into recovering the ship's VDR or searching the wreck site for remains. At about 0300...

Government

What appears to be a sea-level view of the tanker Kylo as it sinks (CENTCOM)

U.S. Central Command Reveals Drone-Boat Presence Inside Iranian Waters

Whether deliberate or an accidental security breach – likely the former – US Central Command has revealed that it has an active physical presence well inside Iranian territorial waters. In response to an attempted and thwarted Iranian attack on an unnamed US aircraft carrier in the Gulf of Oman employing a ballistic missile, CENTCOM carried out a series of retaliatory attacks on Iranian targets in return. Two tankers were hit in the Gulf of Oman: the Comoros-flagged tanker Kylo (IMO...

Corporate News

Hefring Marine Selected for NATO DIANA Mission Track

[By Hefring] Icelandic tech company Hefring Marine has been selected as one of just 15 companies to advance to Mission Track of NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA), from a 2026 cohort of 150 innovators selected from more than 3,600 proposals across the Alliance. The Reykjavík-based company is the only Icelandic company ever to reach this stage of the DIANA programme, marking a significant step towards the operational adoption of its maritime intelligence technology across NATO and...

Cruise Ships

Gulf War Forces Antarctic Expedition Firm to Replace Historic Liner

The start-up Terra Nova Expeditions announced this week that it has been forced to change plans for its inaugural expedition cruise season to Antarctica. The company had planned to bring back the historic liner St. Helena for a new career as an expedition ship, but was forced to replace the ship, creating an uncertain future. St. Helena, built at the Appledore Shipyard in the UK and commissioned in 1990, provided a vital service to the island of the same name...

Ports

Anti-immigration Protesters Block Dover, UK’s Busiest Ferry Port

Operations at the UK’s busiest international ferry and passenger port, Dover, were for the better part of Saturday, September 5, disrupted after hundreds of masked protesters blocked access. The marchers said they were pushing the government to stop illegal immigrant crossings at the English Channel. In protests that were largely condemned by the government, hundreds of demonstrators dressed in black and wearing balaclavas caused major disruptions to ferry operations after they blocked access to the Port of Dover. For the...

Shipping

Goldman, Rystad See Room for $120 Oil if U.S.-Iran Conflict Continues

Tugs & Salvage

ROV Inspection Confirms Wreck Site of Lost Turkish Freighter

Government

U.S. Central Command Reveals Drone-Boat Presence Inside Iranian Waters

Corporate News

Hefring Marine Selected for NATO DIANA Mission Track

Cruise Ships

Gulf War Forces Antarctic Expedition Firm to Replace Historic Liner

Ports

Anti-immigration Protesters Block Dover, UK’s Busiest Ferry Port

Offshore

California Sues DOI Calling Offshore Wind Cancellation “Blatantly Unlawful"

California Attorney General Rob Bonta and the California Energy Commission moved forward with their earlier challenges and filed a lawsuit on August 28 against the Trump administration and Golden State Wind over what it is calling “the unlawful buyout” of the offshore wind energy lease. The state is contending the deal to buy back the offshore wind lease is illegal and would jeopardize its investments to support the project, the state’s energy policy, and the commitments from the developer for...

Shipbuilding

The original Kaiser assembly sheds, upper right, are home to New Pacific's operations. The old yard's slipways, far left, can still be discerned (New Pacific)

New Shipbuilding Company Launches at the Former Kaiser Yard in Vancouver

It's not every day that the U.S. shipbuilding industry gains a new entrant, especially one that builds civilian hulls, so the launch of a new facility in Vancouver, Washington this month is catching attention. New Pacific Industrial (NP) is a new venture helmed by experienced shipyard executives, and it is making its formal debut with a two-vessel contract for American Marine Corporation - the first time in AMC's 50-year history that it has ordered a newbuild tug. NP leverages the...

Environment

At SMM, ABS Says the Best Green Investments are Agility and Efficiency

Business

Samsung Files $186M Claim Against CMA CGM Over "Unlawful" Charges

Consumer goods giant Samsung Electronics has filed a $186 million claim against CMA CGM over allegedly excessive charges during the pandemic era, when controversial billing policies were commonplace. At issue in the record-setting Federal Maritime Commission filing is the question of who should bear the cost of delays when extraordinary circumstances snarl the supply chain - the shipper, or the contracted carrier. Starting in early 2020, right at the advent of the pandemic, Samsung stopped buying traditional port-to-port ocean freight...

Maritime Industry Conferences and Events

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Russian Military Cargo Vessel Attacked in the Mediterranean

North Korea Commissions Second of its Largest Destroyers

Potential U.S. Bidder Emerges to Challenge Hanwha for Austal USA

At SMM, ABS Says the Best Green Investments are Agility and Efficiency

Yemen Coast Guard Stops Tanker After Delivery to Houthi-Controlled Port

Goldman, Rystad See Room for $120 Oil if U.S.-Iran Conflict Continues

ROV Inspection Confirms Wreck Site of Lost Turkish Freighter

U.S. Central Command Reveals Drone-Boat Presence Inside Iranian Waters

Hefring Marine Selected for NATO DIANA Mission Track

Gulf War Forces Antarctic Expedition Firm to Replace Historic Liner

Anti-immigration Protesters Block Dover, UK’s Busiest Ferry Port

Beyond Web-Based SaaS: The Cloud-Native Advantage

A Mediterranean Residence Worth Pursuing for American Families

The Next Generation of Marine Propulsion

Goldman, Rystad See Room for $120 Oil if U.S.-Iran Conflict Continues

ROV Inspection Confirms Wreck Site of Lost Turkish Freighter

U.S. Central Command Reveals Drone-Boat Presence Inside Iranian Waters

Hefring Marine Selected for NATO DIANA Mission Track

Gulf War Forces Antarctic Expedition Firm to Replace Historic Liner

Anti-immigration Protesters Block Dover, UK’s Busiest Ferry Port

California Sues DOI Calling Offshore Wind Cancellation “Blatantly Unlawful"

New Shipbuilding Company Launches at the Former Kaiser Yard in Vancouver

At SMM, ABS Says the Best Green Investments are Agility and Efficiency

Samsung Files $186M Claim Against CMA CGM Over "Unlawful" Charges

Maritime Industry Conferences and Events

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Maritime Industry Conferences and Events