Thursday, July 30, 2026
Media Kit
LNG carrier

Speculation About LNG Shipments as Qatar Sends Carrier Through Hormuz

MORE TOP STORIES
USCGC Midgett

U.S. Highlights Cooperation With Taiwan's Coast Guard, Risking China's Ire

Published Jul 29, 2026 8:18 PM by The Maritime Executive

Just one week after a controversial Chinese "fishery research" voyage into Taiwan's eastern exclusive economic zone (EEZ), the U.S. representative office in Taipei has confirmed and publicized a joint U.S. Coast Guard-Taiwan Coast Guard patrol. It is a rare public announcement of security cooperation: the U.S. does not formally recognize Taiwan as a nation, and even small visible steps that legitimize Taiwanese sovereignty can provoke a strong response from Beijing. The statement from the American Institute in Taiwan - the...

Continue Reading...
A Russian drone closes in on a Ukrainian port target (Russian MOD)

Russia Claims Strikes on Two More Ships Near Odesa

Published Jul 29, 2026 6:59 PM by The Maritime Executive

Russia's ministry of defense claims that its forces have struck two more ships near the port of Odesa, along with shoreside infrastructure. As the ministry often does, it claimed that the vessels were carrying arms for Ukraine's military. Ukraine's shipping corridor almost certainly serves the transport of arms, but its civilian usage is just as important to the country's economy. The Black Sea carries the bulk of Ukraine's grain exports, which account for a substantial share of its GDP. Ukraine...

Continue Reading...
Nigerian Navy detains crew of tanker

Nigerian Navy Detains Chinese-Owned Tanker Accused of Stealing Oil

Published Jul 29, 2026 6:21 PM by The Maritime Executive

The Nigerian Navy is publicizing its recent arrest of a Chinese-owned tanker and its crew as part of an ongoing effort that is cracking down on oil theft. It is alleging the vessel had illegally loaded crude oil without the required documentation or lawful authorization. The command operations officer, Commodore AA Umar, asserted that the tanker Filia (3,158 dwt) had remained within the vicinity of the offshore terminal for more than seven days, during which time it was under surveillance...

Continue Reading...
Bitcoin

U.S. Sanctions Two "Insurers" for Handling Iran's Hormuz Transit Fees

Published Jul 29, 2026 6:01 PM by The Maritime Executive

The U.S. government has released a new round of sanctions targeting Iran's attempt to set up a transit fee structure for the Strait of Hormuz. In a statement Wednesday, the U.S. Treasury said that it is placing sanctions on two companies that it believes are at the center of the Islamic Revolutionary Guard Corps' "insurance" business, which protects ships from the IRGC's own attacks. The two companies are the Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority. The...

Continue Reading...
FEATURED STORIES
PODCASTS
MORE STORIES BY CATEGORY

Offshore

Borr Drilling rig

Borr Drilling Buys Paratus' Jack-Up Fleet for Mexican Market

Oslo-listed Borr Drilling has acquired five jack-up rigs from the former Seadrill fleet through its joint venture vehicle in the Mexican offshore market. The rigs include Oeron, Titania FE, Courageous, Defender and Intrepid, all located in Mexican waters. All belonged to Paratus Energy Services, a firm spun off from Seadrill in 2022 during Seadrill's bankruptcy proceedings. The JV, BC Ventures, is getting the rigs for a total of about $287 million, including $237 million in financing from the seller. The...

Continue Reading...

Shipbuilding

tanker built in the Philippines

HD Hyundai Launches First Ship From Revitalized Philippine Shipyard

The Philippines marked a key milestone in its long efforts to revitalize the former shipbuilding operations at Subic Bay as HD Hyundai officially launched its first new construction. The South Korean shipbuilder last year took over the former Hanjin shipyard and restarted operations with a promise of significant investments. The 115,000 dwt petrochemical tanker Orion Jade was launched on July 29 as the first newbuild at the yard, which had ceased operations in 2019. At its pinnacle, the Philippines used...

Continue Reading...

Environment

EverClean Onsite Inspection

The New Normal for Hull Husbandry: A Continuous Hull Record

Biofouling regulation is moving from voluntary guidance to mandatory rules. But the building throughline is this: hull management is becoming a matter of record, and keeping the hull clean is only part of what that record has to show. The Rules are Changing For most of the past decade, managing biofouling was a matter of good practice. The IMO's biofouling guidelines are still voluntary, but the direction remains strong. Regionally, the rules are already here, and they are spreading. California...

Continue Reading...

Business

Royal Caribbean International

Royal Caribbean Posts Strong Q2 Despite Fuel Costs, Geopolitical Impact

Concerns for the outlook for cruising moderated with strong stock gains after Royal Caribbean Group reported strong second quarter results, beating estimates. The company was able to control costs despite strong pressure from fuel and what it called a “modest booking impact” due to “prolonged geopolitical activity.” Excluding fuel, Royal Caribbean reported a net cruise cost increase of 4.5 percent, contributing to better-than-expected results for earnings this quarter. Despite a six percent increase in total revenues and a 110 percent...

Continue Reading...