Friday, January 30, 2026
MORE TOP STORIES
LCO2 transport

Northern Lights has Deals With Shipping Lines to Double CO2 Transport Fleet

Published Jan 29, 2026 8:33 PM by The Maritime Executive

The Norwegian CO2 storage initiative, which became the first commercial operation for carbon capture and storage, announced a new deal that will double the company’s fleet by 2029. This comes just months after the company completed its first injection of liquid CO2 for permanent storage. Northern Lights, which is a joint venture between Equinor, TotalEnergies, and Shell, reports it has struck a new charter deal with major shipping companies, including existing partner Kawasaki Kisen Kaisha (“K” Line), while adding MISC...

Continue Reading...
U.S. forces board and seize the tanker M Sophia, which has since been released from U.S. custody (U.S. Southern Command)

Rubio: Vitol and Trafigura Have a Temporary Role in Venezuelan Oil

Published Jan 29, 2026 7:53 PM by The Maritime Executive

The U.S. has released one of the shadow fleet tankers that it seized in the Caribbean over the past month, Secretary of State Marco Rubio told the Senate Foreign Relations Committee yesterday. The tanker was originally seized at Venezuela's request, he explained, because it had been dispatched on an unauthorized delivery voyage by "some other network" in the country, not by the central government itself. The six other tankers that the U.S. has captured for engaging in trade with the...

Continue Reading...
Laura DiBella

DiBella Designated as FMC Chair After Seven-Month Vacancy

Published Jan 29, 2026 7:35 PM by The Maritime Executive

Recently appointed Commissioner Laura DiBella has been designated as the next Chair of the Federal Maritime Commission by Donald Trump. She joined the FMC officially on January 6 after confirmation by the U.S. Senate in December and fills the Chairman’s role, which had been empty since June when Louis Sola’s term expired. The former Secretary of Commerce for Florida, DiBella, brings extensive experience in economic development, having served as President of Business Development at FloridaCommerce, President/CEO at Enterprise Florida, and...

Continue Reading...
keel block for new cruise ship

Royal Caribbean Adds New Ocean Class and River Cruise Ships to Orderbook

Published Jan 29, 2026 6:48 PM by The Maritime Executive

Reporting a strong financial performance for 2025 and projecting 2026 ahead of investors’ expectations, Royal Caribbean Group announced key next steps in its ongoing shipbuilding and expansion of the product offering. The company confirmed the long-anticipated class of new ocean cruise ships known as Discovery, as well as doubling its plans for its first river cruise operations. Reports from France had said the news of the cruise ship order was imminent, adding to the group’s already large orderbook. Management today...

Continue Reading...
MORE STORIES BY CATEGORY

Offshore

offshore wind farm

Vineyard Wind Gets Fourth Preliminary Injunction Against Stop-Work Order

A U.S. District Court Judge in Massachusetts became the fourth to award a preliminary injunction against the Trump administration’s stop-work orders on the offshore wind energy industry. Vineyard Wind 1 had gone to court in mid-January following Dominion Energy, Ørsted, and Equinor, each of which also received preliminary injunctions in their cases, leaving only Sunrise Wind to still be heard by the courts. Vineyard Wind 1, which is located approximately 15 miles south of Martha’s Vineyard and Nantucket, Massachusetts, is...

Continue Reading...

Shipbuilding

car carrier launched

China Launches Largest Car Carrier for HMM-Hyundai Glovis Partnership

China’s Guangzhou Shipyard International last week floated out the largest car carrier in the world. The massive vessel surpasses the 10,000 unit mark, becoming the largest built in China after the yards turned out 9,500 unit vessels last year as part of the coming surge in the sector. The new vessel is also the first vehicle carrier built for South Korea’s HMM as part of its diversification strategy. HMM entered into long-term agreements with Hyundai Glovis, which will operate the...

Continue Reading...

Environment

LCO2 transport

Northern Lights has Deals With Shipping Lines to Double CO2 Transport Fleet

The Norwegian CO2 storage initiative, which became the first commercial operation for carbon capture and storage, announced a new deal that will double the company’s fleet by 2029. This comes just months after the company completed its first injection of liquid CO2 for permanent storage. Northern Lights, which is a joint venture between Equinor, TotalEnergies, and Shell, reports it has struck a new charter deal with major shipping companies, including existing partner Kawasaki Kisen Kaisha (“K” Line), while adding MISC...

Continue Reading...

Business

containerships docking

MSC Assessed $22.67M in Civil Penalties by FMC for Shipping Act Violations

MSC Mediterranean Shipping Company was fined a total of $22.67 million in civil penalties for a series of Shipping Act violations, the Federal Maritime Commission reported. It is part of the FMC’s increased efforts at enforcement and a wave of new complaints it has received after the surge in shipping volumes during and after the COVID-19 pandemic, and the Shipping Act was updated by the U.S. Congress. The Commission’s Bureau of Enforcement, Investigations, and Compliance (BEIC), through its Offices of...

Continue Reading...