Monday, September 28, 2026
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submarine dry dock UK

UK Government Announces New Projects to Support Shipbuilders

Published Sep 28, 2026 5:13 PM by The Maritime Executive

The UK Government announced two new projects it will be undertaking that will be bid out only to the national shipbuilding industry. The Chancellor of the Exchequer, John Healey, said they would herald a “new age of industrialization” for the UK while contributing to national security. The government said it would back two major projects, the building of new dry docks for the Royal Navy’s submarine service and the building of a new marine research vessel to be deployed by...

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Caspian Sea cargo ship

The Caspian Sea is Busy Between Russia and Iran

Published Sep 28, 2026 4:01 PM by The Maritime Executive

The US naval blockade of Iran’s southern ports appears to be nearly 100 percent effective, cutting the flow of goods through Bandar Abbas and other Gulf and southern coast ports which used to handle 80 percent of Iran’s trade before the current conflict. Within the last week, air traffic to the outside world has also largely been cut. Some flights will still be leaving and entering, perhaps some military aircraft flying with disabled transponders, and perhaps a few to Russia...

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Strait of Hormuz

Iran Threatens Vessel Charterers as Dispute Over Hormuz Continues

Published Sep 28, 2026 3:44 PM by The Maritime Executive

Iran is continuing to assert that it controls the Strait of Hormuz and has issued a new warning to the charters of vessels to follow its restrictions. It came after Iran made overtures through mediators for terms to reopen the waterway, which were quickly rejected by Donald Trump. The so-called Persian Gulf Strait Authority issued the threat to charterers, purporting it had received a letter from a shipowner citing its charter agreement. The letter they released says the unnamed vessel...

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Panama Canal

Panama Canal Eases Restrictions Adding Transit Slot and Maximum Draft

Published Sep 28, 2026 2:05 PM by The Maritime Executive

The Panama Canal Authority is easing some of the restrictions it began imposing over the summer to manage water levels in anticipation of a prolonged drought due to the large El Niño in the Pacific. While the El Niño phenomenon continues, the authority is citing “close to average precipitation in the watershed” and the effectiveness of water-saving measures implemented at the locks. The number of daily transits will increase by one in the Neopanamax locks, which are used by the...

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Offshore

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New Zealand Invests $20 Million in New Offshore Gas Projects

New Zealand has made further progress in restarting domestic gas production with a new round of funding targeting offshore exploration projects. Resources Minister Shane Jones and Associate Finance Minister Chris Bishop this week announced $21 million financing for two offshore gas projects. The financing will be made through the Gas Security Fund (GSF), a $113 million state-owned investment facility to ramp up gas production in New Zealand. One of the projects considered for funding in this round is EnZed Energy’s...

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Shipbuilding

submarine dry dock UK

UK Government Announces New Projects to Support Shipbuilders

The UK Government announced two new projects it will be undertaking that will be bid out only to the national shipbuilding industry. The Chancellor of the Exchequer, John Healey, said they would herald a “new age of industrialization” for the UK while contributing to national security. The government said it would back two major projects, the building of new dry docks for the Royal Navy’s submarine service and the building of a new marine research vessel to be deployed by...

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Environment

Greenpeace activist

NZ Activists Board Research Vessel in Protests Against Deep-Sea Mining

Greenpeace activists in New Zealand are intensifying their opposition to deep-sea mining. They boarded a state-owned research vessel that was returning from an exploration mission in the Pacific on behalf of a U.S. company. On September 26, the activists boarded the RV Tangaroa, New Zealand’s only ice-strengthened and dynamically positioned deep-water research vessel, to protest the country’s role in facilitating U.S. company Glomar Minerals’ plans to start deep-sea mining in the Pacific Ocean. The 1991-built Tangaroa, which is 70 meters...

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Business

Royal Caribbean cruise ships at Coco Cay

Does the Royal Caribbean-Sandals JV Signal a New Paradigm for Cruising?

The overall sentiment is positive after the initial surprise of the news last week that Royal Caribbean Group would make a $3 billion investment in the Sandals resort operation in the Caribbean. Views of the potential synergies between the two operations have sparked the conversation about whether this is in fact the beginning of a new business model for the cruise corporations. The Florida-Caribbean Cruise Association (FCCA), a trade association started more than 50 years ago by the cruise lines,...

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