Sunday, February 15, 2026
Media Kit
USCG and warship in Haitai

Report: USCG Cutter Blocks Tanker Bound for Cuba with Vital Fuel Supply

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tanker at sea

Cameroon Suspends International Registry Citing Fraud

Published Feb 13, 2026 3:10 PM by The Maritime Executive

The government of the Central African nation of Cameroon announced that it was suspending its international ship registry, citing “several cases of fraudulent registrations.” The action comes after pressure from the European Union, the International Maritime Organization, and others on one of the flags with the lowest performance records and frequently cited by regulators. The Ministry of Transport issued an official communique dated February 6 saying that it was suspending registrations for vessels intended to navigate outside Cameroonian waters until...

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Iranian Navy parade at sea

Iranian Navy Stages Anti-American Demonstration in the Indian Ocean

Published Feb 13, 2026 2:08 PM by The Maritime Executive

The 103rd Flotilla, found by both the Iranian Navy (Nedaja) and the IRGC Navy (Nedsa), performed what appears to be a bizarre joint ceremony, which the Iranian news agency WANA says took place in the Indian Ocean. In some of the pictures published and the video of the event, a coastline is visible on the far horizon, suggesting that the 103rd Flotilla is likely to be currently positioned off the Iranian Makran coast. The event took place on the flight...

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Russian icebreaker with patriotic livery

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

Published Feb 13, 2026 1:41 PM by The Maritime Executive

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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DP World

DP World Changes Leadership Responding to Pressure Over Epstein Scandal

Published Feb 13, 2026 12:01 PM by The Maritime Executive

Port and logistics powerhouse DP World reported on Friday, February 13, that it is changing its management leadership as pressure grew from the investment community over its long-time chairman and CEO’s ties to convicted sex offender Jeffrey Epstein. The company named one of the leaders of the Dubai financial community as its new chairman while elevating its Group Deputy CEO and Chief Financial Officer to the role of CEO. The company simply stated that the long-time head of the company,...

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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

Hapag-Lloyd Buys Out ZIM, Creating Number-Four Ocean Carrier

Number-five container line Hapag-Lloyd has agreed to buy 10th-ranked carrier ZIM, Israel’s de facto national shipping line. A heads of agreement has been reached by the two parties, and ZIM’s board approved the deal on Sunday night. Israeli business publication Calcalist reports that the transaction value exceeds $4 billion. The planned merger would create the new number-four container freight company, edging out the boxship division of COSCO. ZIM, publicly listed since 2021, is headquartered in Haifa. The deal entails Hapag-Lloyds’s...

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