Wednesday, September 23, 2026
Media Kit
Salvor at work on the oily, inclined deck of the Caroline Bezengi (supplied)

Exclusive: Salvage Operation Under Way at Tanker Wreck Site Off Oman

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New Zealand warships monitoring vessel

New Zealand Conducts UN Patrol Targeting North Korean Sanctions Avoidance

Published Sep 23, 2026 5:01 PM by The Maritime Executive

The Royal New Zealand Navy recently completed a three-month deployment designed to bolster enforcement of United Nations Security Council sanctions against North Korea. It was the first time the Anzac-class frigate HMNZS Te Mana was deployed in support of the sanctions monitoring program and expanded on New Zealand’s air and sea patrols conducted since 2018. New Zealand launched a task force consisting of the 3,600-ton displacement frigate and the sustainment vessel HMNZS Aotearoa. The frigate, which was commissioned in 1999,...

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Indian Cochin Shipyard

India’s Cochin Shipyard to Work With Synergy Marine to Grow Commercial Work

Published Sep 23, 2026 4:16 PM by The Maritime Executive

As the latest step in the efforts to expand India’s role in commercial shipbuilding and repair, the state-owned Cochin Shipyard, which is the largest builder in India, signed an agreement with global ship manager Synergy Marine. The companies look to share expertise to support the growth of the business for both newbuilds as well as vessel engineering and conversion projects. Synergy Marine Group and Cochin Shipyard Limited signed a memorandum of understanding to jointly pursue shipbuilding, repair and conversion projects...

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Sandals resort hotel in Jamaica

Royal Caribbean Invests $3B in Caribbean’s Sandals and Beaches Resorts

Published Sep 23, 2026 3:26 PM by The Maritime Executive

Royal Caribbean Group, which is one of the largest operators and highest-valued companies in the cruise industry, confirmed the rumors that it is investing in the land-based chain, Sandals, located in the Caribbean. The Financial Times broke the news on Tuesday, with Royal Caribbean and Sandals confirming on Wednesday a $3 billion investment from Royal Caribbean for a 50 percent interest in a joint venture with the hotel company. Sandals, which was established in 1981, is a privately-owned operator with...

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cargo ship attacked off Ukraine

Captain Killed in Russia’s Latest Attack on Merchant Shipping

Published Sep 23, 2026 1:45 PM by The Maritime Executive

Ukraine’s State Border Guard Service and its Ports Authority are reporting that the master of a cargo ship was killed in an attack by Russia on September 23. It is part of the ongoing nightly offensive as both sides target shipping and other critical infrastructure in the war that has now passed four and a half years. The vessel was not identified, but reports said it was near the Greater Odesa port complex when it was struck. The master of...

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Offshore

EIA

Report: Saudi Aramco Achieves Partial Restart on Strategic Red Sea Pipeline

Saudi Aramco has achieved the technical means for a partial restart on its strategic East-West Pipeline, which was significantly damaged in a drone attack on September 11, according to multiple outlets. The pipeline is now operating at reduced capacity or will be soon, industry sources confirmed to Reuters, Bloomberg and the FT. The interim objective is to achieve a pipeline transfer rate of about four million barrels per day - enough to supply Saudi Arabia's own refineries along the Red...

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Shipbuilding

Indian Cochin Shipyard

India’s Cochin Shipyard to Work With Synergy Marine to Grow Commercial Work

As the latest step in the efforts to expand India’s role in commercial shipbuilding and repair, the state-owned Cochin Shipyard, which is the largest builder in India, signed an agreement with global ship manager Synergy Marine. The companies look to share expertise to support the growth of the business for both newbuilds as well as vessel engineering and conversion projects. Synergy Marine Group and Cochin Shipyard Limited signed a memorandum of understanding to jointly pursue shipbuilding, repair and conversion projects...

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Environment

Carleen

Executive Interview: Carleen Lyden Walker, Co-Founder & CEO, NAMEPA

Carleen Lyden Walker is one of the best-known figures in maritime – founder of her own marketing business, co-founder of NAMEPA, former IMO Maritime Ambassador, Chief Evolution Officer of SHIPPINGInsight and a fierce advocate for all things maritime. She's a frequent speaker and participant at maritime conferences around the world, advocating for seafarers' rights, environmental stewardship and the role of women in maritime while raising the profile of an industry that touches every aspect of human life. Welcome, Carleen, we're...

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Business

Bezengi

Though Balance Sheets are Strong, P&I Clubs Face Risk From Major Casualties

Lloyd's Market specialty insurance brokerage Tysers reports that the rising cost of major casualties will likely prompt P&I clubs to raise their premia by up to 7.5 percent in the coming year, despite their ever-growing free reserves and the strong market environment for investment earnings. Overall, the IG is very well capitalized, with total free reserves among the 12 clubs standing at $6.8 billion. Reinsurance and pooling add further strength to defend them against extreme claims, up to and including...

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