Tuesday, June 23, 2026
Media Kit
ships trapped in the Persian Gulf

IMO and Oman Launch “Phased Evacuation” for Transits in Strait of Hormuz

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With U.S.-Iran Deal Signed, Jones Act's Defenders Call for an End to Waiver

Published Jun 22, 2026 8:47 PM by The Maritime Executive

Now that the U.S. has signed a ceasefire deal with Iran and tanker flows in the Strait of Hormuz appear to be back on the rise, American domestic shipping interests are renewing their call for the Trump administration to end its broad Jones Act waiver policy for energy cargoes. The 30-plus-90-day waiver is one of the most significant executive orders of its kind since the WWII era. "With President Trump's signing of the Iran ceasefire agreement, the statutory basis for...

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iStock

Why Cargo, Not Ships, Will Decide the Future of Logistics Digitalization

Published Jun 22, 2026 7:27 PM by Mikael Lind et al.

[by Mikael Lind, Wolfgang Lehmacher, Sandra Haraldson, Morten Brühl, Matilda Gustafsson, David Hallgren, Mikaela Kenne, Krister Rosendahl, Mårten Sondell, Daniel Storm, Hans Thijs, Emil Thodal, and Pernilla Åström] Digital tools are now ubiquitous in logistics, but true end-to-end integration remains elusive. The constraint is not a lack of data or platforms, but how the industry chooses to coordinate and organize itself. After decades of asset- and platform-centric operations, logistics is approaching a turning point: the next phase will hinge on...

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offshore support ship Seacor Marine

Activist Shareholder Calls for Sale of Seacor Marine’s Offshore Fleet

Published Jun 22, 2026 6:37 PM by The Maritime Executive

Houston-based Seacor Marine is the latest company in the offshore sector to face a challenge from its shareholders. The company has been struggling with the downturn in many segments of the offshore sector supporting oil and gas, while trying to conduct a fleet reorganization to improve financial results. Activist shareholder Pointillist Family Office, which owns more than seven percent of the stock and is the largest holder, is demanding that the board begin a strategic review to sell the company...

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An MH-60 Jayhawk operating near Sitka, 2026 (U.S. Coast Guard file image)

U.S. Coast Guard SAR Helicopter Crashes Near Sitka, Alaska

Published Jun 22, 2026 6:35 PM by The Maritime Executive

The U.S. Coast Guard reports that a rescue helicopter went down just outside of Sitka, Alaska on Monday morning. At about 1007 hours on Monday, the command center for Coast Guard Arctic District received report of a crash involving a Jayhawk aircrew operating out of Air Station Sitka. The aircraft had crashed during a training flight near Harbor Mountain, about two miles northeast of Coast Guard Air Station Sitka. Sitka Fire and Rescue reached the site within about 50 minutes,...

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Offshore

offshore wind farm

Trump Administration to Buy Back Four More Offshore Wind Leases

Continuing its strategy of canceling offshore wind projects by buying back the leases in exchange for other energy investments, the Department of the Interior announced its third agreement. The administration has committed nearly $2.6 billion to canceling offshore wind leases even as the strategy is being challenged in court and by regulators. Invenergy will voluntarily terminate four offshore wind leases it purchased in the past from the government and will redirect the investments toward other domestic energy sources, said the...

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Shipbuilding

Navantia

Navantia's Corvettes for Saudi Arabia are Arriving On Time, On Budget

Spain’s Navantia has launched the first of a second batch of three Avante 2200 corvettes for the Royal Saudi Navy (RSNF) at its San Fernando yard in Cadiz Bay. HMS Al Madinah (F838) will be fitted out and commissioned in Spain, whilst the second and third ships of the contract will be completed in Saudi Arabia by SAMINavantia, a joint venture between Navantia and the Saudi sovereign defense company SAMI, with completion by 2029. The division of work between initial...

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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

ship recycling

India Becomes World’s Largest Ship Recycler as it Works to Double Capacity

The Indian government is highlighting strong growth in the country’s ship recycling industry in 2025 reproting that it is five years ahead of its plan for the industry’s growth. It looks to continue to grow the ship recycling operations, nearly doubling capacity while also looking to use it to drive the growth of its shipbuilding industry. Citing data from the United Nations Conference on Trade and Development (UNCTAD), the government said that India was ranked first globally in ship recycling...

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