Friday, February 13, 2026
Media Kit
aircraft carrier USS Gerald R Ford in Straits of Gibraltar

Report: United States is Deploying USS Ford CSG to the Middle East

MORE TOP STORIES
Tug arrested in Singapore

Singapore Arrests Crews from Three Tugs for Illegal Fuel Sales

Published Feb 13, 2026 8:27 AM by The Maritime Executive

The Singapore Police Force is reporting that it arrested the crews from three tugs working offshore on February 11 in what it suspects was an illegal effort at fuel sales. It comes as the Singapore bunker market continues to be at peak levels. On February 11, at about 12:45 a.m. local time, officers from the Police Coast Guard located three tugs in the sea off Pandan, Singapore. According to the police report, two of the tugboats were foreign-registered, and the...

Continue Reading...
Itoitz as seen from the rescue vessel Maria Pita (Salvamento Maritimo)

Despite Salvage Attempt, Spanish Fishing Vessel Sinks in Severe Storm

Published Feb 12, 2026 11:27 PM by The Maritime Executive

An attempt to tow the stricken Spanish longliner Itoitz to safety failed when the towline parted, and the vessel has disappeared in worsening storm conditions, according to Spanish rescue authorities. At about 1050 hours on Monday morning, the Salvamento Maritimo rescue center in A Coruña received a distress call on VHF from a good Samaritan fishing vessel. The crew reported that they had just rescued seven people from another fishing vessel, the Itoitz, which had taken on a severe list....

Continue Reading...
IMO flags

IMO Ramps Up Campaign to Close Flag State "Enforcement Gap"

Published Feb 12, 2026 11:06 PM by The Maritime Executive

The IMO is doubling down on a campaign to get more member states up to speed with enforcement of international shipping regulations, using a supportive approach to encourage better adherence amongst flag state and port state authorities. The gap between policy and practice found at the bottom end of the global fleet - notably the "shadow fleet" of sanctions-busting tankers - makes regular headlines, and IMO is aware that the legitimacy of its international rules rests in large part upon...

Continue Reading...
SK Shipping very large crude oil tanker

Pan Ocean Moves to Expand Tanker Ops as Korea’s SK Exits Wet Tankers

Published Feb 12, 2026 8:54 PM by The Maritime Executive

The tanker market continues to consolidate as Pan Ocean reported it has agreed to pay approximately $668 million to acquire the tanker segment of SK Shipping. Tankers had provided the historic starting point for SK Shipping in 1982 and continue to be a stable long-term business with strong contracts. Pan Ocean reports it will acquire the segment, which consists of 10 VLCCs. The delivery of the last of the vessels is currently scheduled to be not later than April 2027....

Continue Reading...
FEATURED STORIES
BLOGS
PODCASTS
MORE STORIES BY CATEGORY

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...

Continue Reading...

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...

Continue Reading...

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...

Continue Reading...

Business

DP World

DP World Changes Leadership Responding to Pressure Over Epstein Scandal

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,...

Continue Reading...