Monday, February 02, 2026
Media Kit
containership fire

Manslaughter Conviction of Captain for Seafarer’s Death in Stena Allision

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Taiwan port

Yang Ming Captain Arrested on Suspicion of Drug Smuggling

Published Feb 2, 2026 4:31 PM by The Maritime Executive

An arrest warrant was issued late on January 30 in Taiwan for the captain of a Yang Ming containership on suspicion of drug smuggling. The captain, who was only identified by the surname of Yu, had been detained earlier in the week after an inspection of his vessel at the Port of Kaohsiung. The Taiwan-based Yang Ming Marine Transport Corporation said it was cooperating with the authorities after alerting them to the suspected smuggling taking place on one of its...

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Ethel von Brixham aground (DZgRS)

19th-Century Schooner Runs Up on the Rocks Near Cuxhaven

Published Feb 2, 2026 3:29 PM by The Maritime Executive

A historic schooner grounded off the port of Cuxhaven, Germany over the weekend, forcing an urgent evacuation of the vessel. At about 1215 hours on Saturday afternoon, the German Maritime Search and Rescue Service (DGzRS) rescue center received notice of a large sailing vessel grounded on the outer stretches of the Elbe River, just north of Cuxhaven's harbor and about 1.5 nautical miles offshore. The center's staff dispatched a rescue boat out of Cuxhaven to attend the scene. They found...

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offshore wind farm

Ørsted’s Sunrise Wind Receives Injunction Against Trump Administration

Published Feb 2, 2026 3:17 PM by The Maritime Executive

A U.S. District Court Judge issued a preliminary injunction on Monday, February 2, for Sunrise Wind against the Trump administration’s December stop-work order. With today’s ruling, all five of the under-construction offshore wind farms have received permission to resume work despite the administration’s claims of new information about potential radar interference from the wind turbine blades and towers. Ørsted’s Sunrise Wind had reported in early January that it would follow the lead of the other wind farms and also file...

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seized cash

US Seizes $70k in Unreported Currency from COSCO Bulker

Published Feb 2, 2026 1:53 PM by The Maritime Executive

Officials of the U.S. Customs and Border Protection (CBP) seized a large amount of unreported cash from a Chinese-owned bulker while it was in the port of Baltimore. While it is not a crime to have the cash aboard the ship, U.S. officials highlighted the reporting requirements while contending the captain of the ship had made the appropriate reports at other U.S. ports. The incident began simply enough with a routine inspection of the bulker Sheng Ning Hai (56,716 dwt)...

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Offshore

offshore wind farm

Ørsted’s Sunrise Wind Receives Injunction Against Trump Administration

A U.S. District Court Judge issued a preliminary injunction on Monday, February 2, for Sunrise Wind against the Trump administration’s December stop-work order. With today’s ruling, all five of the under-construction offshore wind farms have received permission to resume work despite the administration’s claims of new information about potential radar interference from the wind turbine blades and towers. Ørsted’s Sunrise Wind had reported in early January that it would follow the lead of the other wind farms and also file...

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Shipbuilding

Indian shipyard

India’s First Chemical Tanker Order Advances Shipbuilding Ambitions

Swan Defence and Heavy Industries Limited (SDHI), located in India, confirmed that it has received its first shipbuilding order as part of the revitalization of its operations. The order, which comes from a European shipowner, is both the country’s first for a chemical tanker and aligns with India’s ambitions to develop into a leading global shipbuilder. The order was placed by Bergen, Norway-based Rederiet Stenersen, a 50-plus year old operator of chemical/product tankers. The company currently has a fleet of...

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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...

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Business

iStock tanker

Tanker Orders: Too Much, or Not Enough?

Last week, in our annual forecasting opinion ("A Fool's Game?"), we prognosticated that the tanker orderbook will decline in 2026. We are still early in the year, but the headlines from many of the trade publications seem to indicate that this may not happen. It appears that many shipowners and other investors in our industry a lining up even more newbuilding orders. In this week's tanker opinion, we will give a little more background on why we think (hope?) the...

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