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Bulker Attacked by Small Craft in the Strait of Hormuz

Published May 3, 2026 7:08 PM by The Maritime Executive

Both Iran and the U.S. Navy are taking steps to enforce their respective blockades in the Strait of Hormuz. On Sunday, a foreign-flagged bulker reported that it was attacked while headed northbound into the strait, just off the coast of Sirik, Iran. Consultancy Vanguard Tech reports that multiple small craft approached the ship at about 1130 hours UTC; all crew were reported safe, and no environmental impact was reported. The vessel has been identified as the Minoan Falcon, a Greek-owned...

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Green hydrogen storage tanks at a new green-fuel facility (Sinopec press handout)

China’s Production Capacity for Green Fuels Reaches Eight Million Tons

Published May 3, 2026 6:24 PM by The Maritime Executive

As global shipping builds momentum for a net-zero emissions future, countries are increasingly investing in production of green fuels. China continues to be a trailblazer in the green fuel industry, going by data released last week by the country’s energy regulator, the National Energy Administration (NEA). As of March, China’s green hydrogen production capacity exceeded over 1.1 million tons. This consists of 250,000 tons for operational projects, which is more than double the capacity in 2024. The other remaining 900,000-plus...

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PLA Navy

What Happens if Beijing Expands its Indo-Pacific Push?

Published May 3, 2026 6:14 PM by The Strategist

[By Joe Keary, Raji Rajagopalan and Linus Cohen] Rather than gradually expanding its defense and security engagement across the Indo-Pacific, Beijing may choose to accelerate its trajectory, pushing boundaries to advance its interests and take advantage of a distracted United States. The result would be a rapid buildup of Chinese presence and a sharper, faster-moving cycle of pressure that tests regional cohesion and alliance resolve. Earlier articles this week explored the likely effect of China’s defense and security engagement beyond...

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cash

Sanctions on Shamkhani Network Deal a Major Blow to the Dark Fleet

Published May 3, 2026 5:40 PM by The Maritime Executive

On April 15, the US Treasury announce a wide-ranging series of sanctions on the business empire of Mohammad Hossein Shamkhani, son of the recently-deceased one-time National Security Advisor and close confidant of the late Iranian Supreme Leader Ali Khamenei. The US Treasury sanctioned eight crude and one LNG tanker, and ten ship management and trading companies associated with Shamkhani operating in the United Arab Emirates. The US Treasury described the Shamkhani network as a "multi-billion dollar Iranian and Russian petroleum...

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Offshore

South Korean offshore wind farm

Military Permit Derails South Korea’s Anma Offshore Wind Project

Technical hurdles have been a primary risk in the development of offshore wind projects around the world. In South Korea, however, a non-technical issue is derailing the Anma offshore wind farm, proving how regulatory barriers could affect a project already in the construction phase. Anma is a 532 MW offshore wind farm project located 24 miles west of the South Korean Peninsula’s southwestern coastline. The $3.5 billion project was one of the successful bids on the 2024 fixed-price wind power...

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Shipbuilding

Indian shipbuilding

India Moves to Accelerate Expanding Shipping Capacity by Adding 62 Vessels

India’s Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, mapped out an ambitious plan to rapidly expand the country’s domestic maritime capabilities. The government has already set a high priority on building its commercial maritime operations, and now the minister told an inter-ministerial meeting it is even more important, highlighted by the recent global situation. The Minister said that the hostilities in the Middle East and the closing of the Strait of Hormuz had further highlighted the vulnerabilities and the...

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Environment

ship emitting smoke

IMO Adopts World’s Largest Emission Control Area and Other Issues at MPEC

While much of the Marine Environment Protection Committee (MPEC 84) was bogged down with political positioning and stalling tactics, the International Maritime Organization (IMO), however, reports decisions on a number of key initiatives, including the North-East Atlantic Control Area (ECA) as well as efforts on plastics and ballast water. The new Atlantic ECA is being billed as the world’s largest emission control area, extending the efforts in Northern Europe with a far broader reach. The efforts for the ECA had...

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Business

The Falcon Heavy carrying Viasat-3 F3 (Courtesy SpaceX)

Inmarsat Gains High-Speed Pacific Coverage With Final Viasat-3 Launch

Inmarsat's high-end broadband service is fast, but its recent tie-up with U.S. satcom giant Viasat promises to make it even faster. Inmarsat's multi-orbit hybrid network is designed to integrate bandwidth from ViaSat's next-generation satellite constellation, ViaSat-3. First launched in May 2023 for service over the Americas, the VS3 satellite series should bring high speed broadband over Europe and Asia as well - and it is now one big step closer to full deployment. On April 29, the third and final...

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