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two large Princess cruise ships

Singapore Secures Three-Year Multi-Ship Homeport Deal with Princess Cruises

Published May 28, 2026 7:14 PM by The Maritime Executive

The Singapore Tourism Board (STB) announced a new three-year partnership agreement with Princess Cruises to significantly expand the cruise line’s presence in Singapore. Officials said the homeporting of three Princess ships would further reinforce the city-state’s role as a leading cruise hub in Asia Pacific. Spanning 2027 through 2030, the collaboration is expected to bring more than 150,000 passengers and deliver meaningful economic benefits across Singapore’s tourism and maritime sectors. Singapore’s role as a seasonal homeport for Princess Cruises is...

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tanker fire off Bangladesh

Product Tanker Catches Fire Anchored Off Bangladesh

Published May 28, 2026 6:25 PM by The Maritime Executive

The Bangladesh Coast Guard reports it was working to control a fire that was burning on a product tanker anchored off Chittagong. The fire was reported at 0725, coming on the holiday of Eid al-Adha, one of the holy days of the Islamic calendar, coinciding with the culmination of the annual Hajj pilgrimage to Mecca. The tanker Meghna Trader (13,000 dwt) was built in 2007 and is owned by Meghna Group of Industries (MGI), one of the largest conglomerates in...

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fire

Fire Breaks Out Aboard Ro/Pax Ferry at Port of Naples

Published May 28, 2026 6:18 PM by The Maritime Executive

Firefighters at the port of Naples, Italy have successfully controlled a blaze that broke out yesterday aboard a moored ferry near the city's famous Piazza Mercato. The incident occurred aboard the ferry GNV Phoenix, a ro/pax ferry that was moored at La Nuova Meccanica Navale for maintenance work. The blaze broke out on the seventh deck at about 1845 hours on Wednesday evening. All 85 people who were aboard the ship at the time of the fire evacuated safely, and...

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Zim containership

Report: Israel’s Economy and Agricultural Ministers Oppose Zim Acquisition

Published May 28, 2026 5:47 PM by The Maritime Executive

Media reports from Israel report mounting opposition to the approval of the sale of Zim to Hapag-Lloyd. Calcalist, which was the first to report that Hapag had been selected to buy Zim, now reports that key Israeli ministries are warning of the dangers of approving the sale. Under the terms of the agreement, Hapag would take over the majority of Zim’s current operations and fleet. An Israeli investment firm, Ishay Davidi’s FIMI, would launch a new Zim Israel that would...

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Offshore

Ichthys

Australia's Ichthys LNG Project Dodges Labor Strike

The labor union for Australia's offshore oil and gas workers has called off plans for a strike at the giant Ichthys LNG terminal in Western Australia. The Offshore Alliance said that negotiations with management were proceeding, and the labor action that its members approved earlier in the month will be deferred. The news will be welcome for Asian utilities, which have been paying elevated prices for LNG since the start of the U.S./Israeli conflict with Iran; any interference with Ichthys'...

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Shipbuilding

Estonia first full electric ferry

Estonia Contracts to Design and Build Its First Fully Electric Ferry

Estonian State Fleet signed a design and shipbuilding contract with the Polish shipyard CRIST for the construction of its first fully electric passenger ferry. Designed to operate primarily on shore-charged green electricity and for year-round service in demanding Nordic conditions, including winter ice operations, Estonia State Fleet reports the ferry will mark a major step in the decarbonization of ferry transport in the Baltic Sea region. “Ferry connections are vital for Estonia and especially for our island communities,” said Estonian...

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Environment

Francesca Verones, NTNU

Microplastics Could Affect the Ocean's Ability to Absorb Carbon

[By Ingebjørg Hestvik] “We study how plastic affects what we call ecosystem services, that is, the services we receive from ecosystems. When the ocean absorbs carbon dioxide from the atmosphere, we consider it as a service the ocean performs for us,” says researcher Francesca Verones. Photo: Francesca Verones, NTNU You have probably heard this before: more than 70 per cent of our planet is covered by oceans. Nearly half of all photosynthesis on Earth takes place in the ocean, and...

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Business

Zim containership

Report: Israel’s Economy and Agricultural Ministers Oppose Zim Acquisition

Media reports from Israel report mounting opposition to the approval of the sale of Zim to Hapag-Lloyd. Calcalist, which was the first to report that Hapag had been selected to buy Zim, now reports that key Israeli ministries are warning of the dangers of approving the sale. Under the terms of the agreement, Hapag would take over the majority of Zim’s current operations and fleet. An Israeli investment firm, Ishay Davidi’s FIMI, would launch a new Zim Israel that would...

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