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LCO2 design concept with hard sails

MOL Adds Wind Propulsion to In-Service Coal Carrier and LCO2 Carrier Design

Published Apr 24, 2026 7:05 PM by The Maritime Executive

Continuing to build on the interest in wind-assisted propulsion, Mitsui O.S.K. Lines (MOL) is highlighting two further advancements for its solid sail “Wind Challenger.” It worked in partnership to develop the commercial designs for the sail and has begun its deployment as part of its overall strategy to reduce GHG emissions. Developed by MOL and Oshima Shipbuilding, the Wind Challenger is a rigid sail system that can sense wind direction and speed in real time and provides fully automatic control...

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tanker at sea

EU Breaks Deadlock on Russian Sanctions but Defers Maritime Services Ban

Published Apr 24, 2026 6:35 PM by The Maritime Executive

The European Council broke weeks of deadlock, in part after the election loss for Hungarian President Victor Orban, and adopted its 20th sanction package on Russia along with a massive loan to Ukraine. Leaders highlighted that it is the biggest package adopted in two years, but it took weeks of political wrangling to get the package approved. “Today we finally broke the deadlock,” said Kaja Kallas, who speaks for the Council on Foreign Affairs and Security Policy and chairs the...

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US destroyer and Iranian tanker at sea

Iranian Shipping Blockade to Expand Says US as Hormuz Remains at Standstill

Published Apr 24, 2026 5:16 PM by The Maritime Executive

The Pentagon on Friday, during a press briefing on the conflict with Iran, vowed to expand the blockade on shipping while saying it was becoming more effective and stronger. The strategy continues to apply economic pressure on Iran by choking off most shipping, while, however, Iran continues its stranglehold on the Strait of Hormuz. “We seized their sanctioned ships, and we will seize more,” said U.S. Secretary Pete Hegseth. “Our blockade is growing and going global.” Hegseth pointed to the...

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Houthi military parade

Houthis Remain on the Sideline While Iran Threatens to Widen Conflict

Published Apr 24, 2026 3:36 PM by The Maritime Executive

Senior political figures associated with the IRGC-dominated hardliner faction in the Iranian leadership continue to make escalatory threats in an attempt to pressure the United States to loosen its blockade on traffic entering Iranian ports. The IRGC-linked semi-official news agency Fars has hinted that undersea cables may be at risk of attack, although Iran is short of the capability to carry out such a threat. A deputy to Iranian President Masoud Pezeshkian, Esmail Saqab Esfahani, has also threatened that if...

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Offshore

offshore wind farm

U.S. is Negotiating to Cancel More Offshore Wind Leases

Executives at the French company Engie confirmed today that they are in discussions with U.S. officials about possibly canceling their offshore wind farm leases. Last month, the administration agreed to reimburse TotalEnergies for its offshore wind leases and hinted it might use the same technique with others, although advocates and lawmakers are questioning the legal authority. The Trump administration said in March that it had agreed to reimburse TotalEnergies nearly $1 billion it had paid to acquire a large lease...

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Shipbuilding

Ballast discharge

Paying the Piper

The average merchant ship has a service life of 20-25 years, in some cases more. That's a long time to stay in compliance with all the rules that govern shipping, and owners know they have to set themselves up for success. It's not enough to meet regulations on day one: Every ship system has to be supported throughout a lifetime of industrial service if it's going to satisfy inspectors on day 5,000. Without solid backing from the original equipment manufacturer...

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Environment

Auramarine

Winning Formula

For residents living near ports, seafarers working aboard ships and passengers stepping ashore, the question is no longer abstract: Why am I still breathing this? Sulphur oxides (SOx), nitrogen oxides (NOx) and particulate matter (PM) from ship exhausts are a daily reality in many port cities. A 2023 World Bank report estimated that more than 250 million people globally are exposed to air pollution around ports, underscoring that maritime emissions are not only a climate issue but a public-health issue....

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Business

Maritime Executive March April 2026 promotion

The Maritime Executive's Annual Energy Edition is Now Available Online

“Strait Outa Compton" That's the witty title of View From the E.U. columnist Erik Kravets' tongue-in-cheek comparison of N.W.A's hip-hop hit from 1988 and Iran's current strategy in the Gulf. But it's not all tongue-in-cheek, as you'll find out. Give it a read. You won't be disappointed. The war in Iran is, understandably, the subject of several articles in this, our annual "Energy Exploration & Production" edition. Allen Brooks, Eye on Energy columnist, uses it as backdrop for why the...

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