Friday, October 16, 2026
Media Kit
product tanker damaged in Black Sea attack

Bulgaria and Romania Continue Black Sea Searches After Attacks

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USV

Unmanned Vessel Deploys With Carrier Strike Group for the First Time

Published Oct 15, 2026 11:43 PM by The Maritime Executive

The U.S. Navy has confirmed that a midsize unmanned surface vessel has sailed with the USS Theodore Roosevelt Carrier Strike Group, currently under way in the Pacific. It is the first time that a deployed CSG has been accompanied by an unmanned vessel too large to stow on a ship. Roosevelt got under way from San Diego on October 8, but preparations for integrating the USV into its escort force have been going on for some time. In September, the...

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A refinery in Moscow burns after a Ukrainian drone strike, June 2026 (Russian social media)

IEA: Russian Diesel Deal Won't Change Tight Global Energy Market

Published Oct 15, 2026 10:10 PM by The Maritime Executive

The tight global market for diesel fuel is likely to extend well into 2027, according to the latest analysis from the International Energy Agency, meaning that record prices may be here to stay through at least the first quarter of 2027 - and maybe longer, depending upon the conflicts in the Mideast and Ukraine. The disruption at the Strait of Hormuz, attacks on refineries in the GCC states, and Ukraine's concerted campaign of strikes on Russian energy infrastructure have all...

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RoRo with wind rotors

RoRo to Transport Airbus Components is Fitted with Six Rotor Sails

Published Oct 15, 2026 8:24 PM by The Maritime Executive

The Spirit of Toulouse, the first of three pioneering RoRos with wind-assisted propulsion, marked a milestone in its construction with the installation of its six wind rotors. The vessel, which is being built in China, becomes not only the largest RoRo vessel to be equipped with wind-assisted propulsion, but also has the largest number of mechanical sails fitted on a single vessel. "Spirit of Toulouse is much more than a new vessel. It is a tangible demonstration of how the...

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port terminal

A.P. Moller Capital Expands Port Investment with Acquisition of Portek

Published Oct 15, 2026 7:48 PM by The Maritime Executive

A.P. Moller Capital, the investment management arm of the A.P. Moller Group, is continuing to build its portfolio of port and logistics investments. In its latest move, the investment manager, which has approximately $2 billion in assets under management, announced it has agreed to acquire Singapore-based Portek International from Mitsui & Co. Portek is a cargo port terminal operator and engineering business with interests in seven port terminals across Africa, Asia and Europe. Founded in 1988, Portek operates a geographically...

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Offshore

Rumor

Despite Rumors, Logistical Shortfalls Rule Out Russian-Iranian Oil Blending

Speculation has recently mounted that Iran is managing to export its crude oil using routes over the Caspian Sea. Given the Iranian regime’s sanctions-breaking expertise, developed over nearly 50 years, one might expect the Iranians capable of putting such diversions in place. But as yet there is little public evidence that they have managed to do so in any appreciable quantity. Iranian oil is produced onshore in the southwestern province of Khuzestan (from the Ahvaz, Gachsaran, Marun and Aghajari oilfields)...

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Shipbuilding

Fincantieri Marine Group Wisconsin

Fincantieri Modernizes Wisconsin Yards with Investment by US Navy and MARAD

The U.S.-based division of Fincantieri reports it is moving forward with $10 million in new U.S. Navy and U.S. Maritime Administration (MARAD) funding. The investment is for advanced manufacturing and workforce investments across its Wisconsin shipyards. The investment consists of approximately $8.3 million in Navy Shipbuilding Capability Industrial Base (SCIB) funding and a $1.3 million MARAD Small Shipyard Grant. The company says it is part of its long-standing investments in its U.S. shipyards to expand and modernize American shipbuilding. Since...

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Environment

Outlaw ocean project

Investigating the Hidden Costs of World’s Farmed Seafood

For nearly a decade, the Outlaw Ocean Project, the non-profit journalistic organization that I founded, has produced high-impact investigative stories about lawlessness at sea and the variety of threats posed to the people and biodiversity of a space that covers two thirds of our planet. The oceans bear a heavy and largely invisible burden. The public usually takes it for granted, a forever self-replenishing resource that we use to fill our stomachs or line our wallets. Our journalism intends to...

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Business

A refinery in Moscow burns after a Ukrainian drone strike, June 2026 (Russian social media)

IEA: Russian Diesel Deal Won't Change Tight Global Energy Market

The tight global market for diesel fuel is likely to extend well into 2027, according to the latest analysis from the International Energy Agency, meaning that record prices may be here to stay through at least the first quarter of 2027 - and maybe longer, depending upon the conflicts in the Mideast and Ukraine. The disruption at the Strait of Hormuz, attacks on refineries in the GCC states, and Ukraine's concerted campaign of strikes on Russian energy infrastructure have all...

Continue Reading...