Sunday, April 05, 2026
MORE TOP STORIES
 The IRISL-operated container ship Rayen (IMO 9820245) (VesselFinder/Ya Ray Yang)

Amidst War, Iran's Merchant Fleet is Enjoying Boom Times

Published Apr 5, 2026 2:35 PM by The Maritime Executive

The merchant marine tends to sail on regardless in time of war, notwithstanding the risk. As the risk goes up, so do cargo rates. And so also does demand for the goods being carried. For ships of the Iranian merchant navy, dominated by the state-owned but US-sanctioned Islamic Republic of Iran Shipping Lines (IRISL) and its subsidiaries, the current war is no exception. Business is booming. The immediate evidence is on show in Iran’s ports. Since the start of the...

Continue Reading...
LUCAS

Op-Ed: An Urgent Need for Quicker and Cheaper Naval Procurement

Published Apr 5, 2026 1:45 PM by The Maritime Executive

Conflict in Ukraine, over the last several years in the Near East, and now over Iran, has done nothing to undermine a truth established in warfare for centuries: success cannot be achieved unless the winning side has sailors who are well-trained, tenacious and skillfully led, this moral and human component to fighting capability often being overlooked. But at the same time, recent experience in particular demonstrates that the ability to innovate technically – at a pace faster than one’s enemy...

Continue Reading...
Swedish Coast Guard patrol boat

Sweden Charges Two in Oil Pollution Case as Shadow Tanker is Investigated

Published Apr 4, 2026 3:26 PM by The Maritime Executive

Swedish prosecutors reported that they have now filed charges against two of the crewmembers aboard a shadow fleet tanker related to an oil pollution incident in the Swedish EEZ. At the same time, the Swedish Coast reports it continues to investigate the seaworthiness of the product tanker Flora 1, which was detained on April 3. The shadow fleet tanker, which has had a series of names and flags, is sanctioned by the EU, UK, and others for its role in...

Continue Reading...
Italian drone carrier based

Italian Navy Surges Ahead with Carrier TB-3 Strike Drones

Published Apr 4, 2026 2:47 PM by The Maritime Executive

Last year, The Maritime Executive reported on the Turkish Navy and drone manufacturer Bayraktar’s apparent success in mounting TB-3 strike drone missions from the deck of TCG Anadolu (L400), the Turkish Navy’s amphibious assault ship. During Exercise Sea Wolf 2025 held in the Eastern Mediterranean in mid-May 2025, Bayraktar’s TB-3 navalized drones, an upgraded version of the widely-exported TB-2 drone but featuring a retractable undercarriage and folding wings to permit below deck hangar storage, were seen conducting take-offs and landings...

Continue Reading...
MORE STORIES BY CATEGORY

Offshore

US LNG export terminal at Sabine Pass

QatarEnergy’s U.S. LNG Plant Achieves First Production at Critical Time

Just as the world is looking for alternative sources of LNG, Golden Pass LNG in Texas reported it has achieved first production. The project, which has been in planning and development for 15 years, is set to start export shipments in the second quarter, coming online to help fill some of the shortfall from Qatar and the Middle East. The United States is already setting records for LNG shipments and has been rivaling Qatar for the title of the largest...

Continue Reading...

Shipbuilding

NASSCO shipyard

Samsung Heavy Industries Participates in Its First U.S. Navy MASGA Project

South Korean shipbuilder Samsung Heavy Industries announced that it will be participating in its first U.S. shipbuilding project, working with General Dynamics NASSCO and DSEC. It is a design project that is being billed as part of the South Korean program launched last year, calling for a $150 billion investment project known as Make American Shipbuilding Great Again (MASGA). The project is for the refining of the design of the future “Next Generation Logistics Support Ship,” which the U.S. Navy...

Continue Reading...

Environment

hydrogen-fueled multi-purpose vessel

Japan Demonstrates Hydrogen-Fueled Engine for Large Commercial Vessels

Japan reports a breakthrough with the demonstration of a large hydrogen-fueled engine being developed by Japan Engine Corporation, working with Kawasaki Heavy Industries, for a demonstration project for an ocean-going vessel. It points out that most work so far with hydrogen is on smaller engines for coastal vessels, making this a major technological milestone toward the practical use of hydrogen-fueled vessels. While interest has developed in hydrogen, to date, the Japanese project points out that most of the initiatives are...

Continue Reading...

Business

Dali containership and Baltimore bridge

Insurer Pays Out $350M to Dali’s Owner/Operator Before Trial Starts

The insurance company that underwrote the coverage for Maryland on the Francis Scott Key Bridge in Baltimore reported to the court that it has settled with the owner and operator of the containership Dali. The first of what could be several settlements comes as the court is telling the parties to be ready to go to trial in just two months. Two years after the allision that destroyed the bridge, killed six roadworkers, and cost the Baltimore and Maryland economy...

Continue Reading...