Tuesday, September 22, 2026
Media Kit
MSC containership

Crew Rescued After Abandoning Small MSC Boxship off Vietnam

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Iranian forces boarding cotnainership

Iran Plans to Sell Seized Commercial Ships to “Compensate” Fishermen

Published Sep 22, 2026 1:55 PM by The Maritime Executive

An Iranian judicial official in a local TV interview said they planned to sell seized commercial ships linked to the Americans and Israelis as a form of compensation. In the past, Iran has sold seized oil cargoes, saying it was compensation, but this would be the first time it attempts to sell the vessels. Hassan Abdollianpour, head of the judiciary’s Center for Lawyers, said he was in Bandar Abbas along with other experts conducting an inspection to assess the damage...

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IBIA Convention New York 2026

Global Industry Leaders to Take the Stage at IBIA Annual Convention 2026

Published Sep 22, 2026 11:47 AM by IBIA – The International Bunker Industry Association

The global marine energy community will come together in New York from November 10 to 12 for the IBIA Annual Convention 2026, taking place at the New York Marriott Downtown. As IBIA’s flagship international event, the Convention will bring together policymakers, shipowners, bunker buyers, fuel suppliers, traders, ports, technology providers and senior decision-makers from across the marine energy value chain. Across three days of training, discussion and networking, delegates will examine the developments shaping the bunker and shipping industries, including...

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A joint boarding team prepares for an interdiction, January 2026 (USN file image)

Report: AI Mistake Nearly Led U.S. Military to Board a Chinese Ship

Published Sep 21, 2026 10:49 PM by The Maritime Executive

All users of AI are familiar with its tendency to produce false results from time to time, particularly when using older, lower-end chatbots. While more recent frontier models are less likely to feed out made-up results, they are still capable of error, which is why corporate adopters emphasize that accountability for the product remains with the human who delivers it - not the AI agent behind the scenes. The U.S. military also uses AI extensively for data analysis, and nearly...

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Blue Cargo Shipping Container with Marshall Islands Flag

Big Three

Published Sep 21, 2026 10:25 PM by Sean Hogue

The ship registry industry is undergoing a sea change. As business booms with the global fleet reaching approximately 112,500 vessels and 2.44 billion deadweight tons in 2025, growth is consolidating around the most trusted and capable flags. These have evolved into sophisticated, round-the-clock regulatory service organizations built on compliance, predictable pricing and White List performance. Nearly 50 percent of registered tonnage is now held by the three largest flags: Liberia with 17.4 percent, Panama with 15.2 percent and the Marshall...

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Offshore

offshore wind farm

Nine States Sue Trump Administration to Stop Offshore Wind Buybacks

California and a coalition of eight eastern states filed a total of three lawsuits on September 22, each seeking to block deals made by the Trump administration to buy back offshore wind leases in exchange for investments in fossil fuel projects. These suits follow earlier ones, in which they each allege the deals are illegal, violate several federal laws, and redirect renewable energy investments in Democratic-led states to other areas of the country. New York is leading a coalition that...

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Shipbuilding

An early prototype of the Caravel landing-craft concept (Bulwark Dynamics)

U.S. Landing-Drone Startup Gets Support From a Small Japanese Shipyard

American defense tech startup Bulwark Dynamics is working with a Japanese shipbuilder on an autonomous landing craft - a system that could bring cargo into the combat zone without putting servicemembers at risk. Bulwark is in the very early stages of its evolution. Its Japanese partner, Onomichi Dockyard, is a mature small shipyard located towards the west end of Honshu, near Okayama; it is also an investor, having joined a group of VC funders in Bulwark's initial $6.8 million seed...

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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

VLCC tanker built in China

Trafigura to Spin Out Publicly Traded VLCC Tanker Company Volare Shipping

Commodities trading giant Trafigura is spinning out a newly public company, Volare Shipping, which will be an operator for VLCC tankers. The move comes as the crude oil tanker market is enjoying a major boom, and the new company positions Trafigura for further growth in the shipping sector. Trafigura highlights that it has built one of the world’s leading shipping operations. It currently manages approximately 500 vessels across multiple segments, including around 250 oil tankers. It reports that the operations...

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