Monday, February 16, 2026
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Footage from a previous Ukrainian special operations strike on Taman (Ukrainian General Staff)

Ukraine Hits Russian Port of Taman in Long-Range Drone Strike

Published Feb 15, 2026 10:13 PM by The Maritime Executive

Ukrainian drones hit the Russian port of Taman overnight Saturday, igniting fires at fuel storage tanks, warehouses and port terminals. The latest strike came just 48 hours before Russian and Ukrainian negotiators are set to sit down for U.S.-brokered peace talks in Geneva. Krasnodar region Governor Veniamin Kondratyev confirmed the damage in a Telegram post, reporting that an oil storage tank, warehouse facilities and terminals were hit in the town of Volna. Two people were taken to a hospital for...

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Antelope Reef, center left (Teofilo / CC BY SA 2.0)

China is Dredging Out Another Island Outpost in the South China Sea

Published Feb 15, 2026 9:22 PM by The Maritime Executive

China's "Great Wall of sand" is growing again after years of quiescence. The giant cutter-suction dredges (CSDs) that accompany Chinese island-building projects began arriving late last year at Antelope Reef, an obscure coral atoll in the Paracel Islands - and within months, the dredger crews have almost entirely covered the reef's surface in dredge spoils. Antelope Reef is part of the Crescent Group of islands in the Paracel chain, about 150 nautical miles southeast of Hainan Island. The Paracels are...

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Freighter

Swedish Coast Guard Tug Saves Fire-Hit Freighter From Grounding

Published Feb 15, 2026 8:46 PM by The Maritime Executive

[Brief] Over the weekend, the Swedish Coast Guard prevented a disabled merchant ship from running aground near Gotska Sandön, an uninhabited island in the Baltic. On Saturday evening, the freighter Diezeborg was under way on a voyage to Finland when a fire broke out in the engine room at a position northwest of Gotska Sandön. The crew put out the blaze successfully, but the vessel was left disabled, and drifting eastwards. The shipowner chartered a commercial salvage tug to meet...

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LNG ship

Op-Ed: LNG is the Future of Shipping's Energy Transition

Published Feb 15, 2026 7:35 PM by Peter Keller, Chairman of Sea-LNG

The maritime industry’s energy transition is no longer a distant ambition - it is a present-day reality. What was all-too-recently framed as a future challenge to tackle with a “silver bullet” solution, is now an immediate operational fact, calling for continuing action across the maritime industry. With LNG-powered vessels ordered in 2025 accounting for 79% of alternative-fueled tonnage, up from 67% in 2024, the LNG-powered global fleet both operating and on-order, including LNG carriers, today represents 10% of the global...

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MORE STORIES BY CATEGORY

Offshore

Transocean Barents

Transocean Buys Valaris for $6 Billion, Creating New Industry Leader

Offshore drilling company Transocean has struck a deal to acquire competitor Valaris for $6 billion in stock, giving Transocean shareholders a 53 percent stake in the combined company. The transaction creates the largest drilling company in the world, valued at $17 billion. It will operate 33 ultradeepwater drillships, nine semisubs and 31 jackups - 73 rigs in total - across global markets. Transocean CEO and President Keelan Adamson suggested that the combination makes for "a very attractive investment" in offshore...

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Shipbuilding

Russian icebreaker with patriotic livery

Russia to Build 10 More Icebreakers and 46 Salvage Vessels to Develop NSR

Russian authorities recently announced plans for the next phase of the development of the Northern Sea Route as part of Vladimir Putin’s plan to establish a trans-Arctic transport corridor. They are calling for aggressive shipbuilding efforts as well as the development of the infrastructure along the route to support the continued growth of traffic over the next decade. Deputy Prime Minister Yuri Trutnev outlined the details, saying that by 2035, Russia will construct 10 more icebreakers along with 46 rescue...

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Environment

Ship

Navigating the Deadlock: Accelleron’s Daniel Bischofberger on Green Fuels

Accelleron, a leading provider of turbocharging, fuel injection, and digital solutions for marine engines and ships, recently released a study on the multifaceted, multi-industry challenges slowing shipping's transition to carbon-neutral fuels. TME recently spoke with CEO Daniel Bischofberger about the current state of marine decarbonization, regional developments in Asia-Pacific, and the path forward for the industry. Can you describe the current state of shipping's transition to carbon-neutral fuels? The ships are ready, but the fuel is not. The technology exists...

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Business

Zim containership

Israeli Opposition Emerges as Hapag-Lloyd Signs Deal to Acquire Zim

Hapag-Lloyd officially signed the agreement to acquire Zim and sell its domestic operations to FIMI, an Israeli private equity company, while extolling the benefits of consolidation for customers and shareholders. However, with Zim viewed as a national asset, opposing voices quickly emerged to the deal, including from the workers committee representing the approximately 1,000 Zim employees in Israel. The board of Zim and leaders of Hapag-Lloyd hailed the deal, citing the benefits from a “significantly strengthened network.” Hapag, which is...

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