Sunday, February 08, 2026
Media Kit
Asphalt Star, seen here in earlier service as the Glory Star, 2011 (mgklingsick@aol.com / VesselFinder)

Indian Coast Guard Busts Three Iran-Linked Shadow Fleet Tankers

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listing containership

Thai Navy Rescues Crew from Sinking Regional Boxship

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

The Royal Thai Navy rescued the 16 crewmembers from Bangladesh on a small containership that issued a distress signal on Saturday, February 7. They are reporting that the crew was rescued uninjured, and Thai officials are now organizing an emergency response after the vessel sank about three miles offshore from the southern coast of the Phuket region. The ship named Sealloyd Arc (6,500 dwt) issued a distress call at approximately 3:20 p.m. local time, reporting it was taking on water....

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port strike Italy

Dockworkers Disrupt Ports in Italy Protesting Alleged Arms Shipments

Published Feb 6, 2026 8:12 PM by The Maritime Executive

Port across Italy were reporting strikes and disruptions in their operations as unionized dockworkers staged a 24-hour strike to protest the alleged “militarization” of the ports. Reports indicate ships of Zim and MSC Mediterranean Shipping Company were being targeted and forced to hold offshore or divert. Unione Sindacale di Base (UBB) called for the 24-hour action. They allege the ports are being “militarized” as shipments of arms and military equipment move on ships using their ports. The protest focused on...

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Hobart

Australia to Build New Hobart Wharf to Resolve Nuyina’s Refueling Problem

Published Feb 6, 2026 7:35 PM by The Maritime Executive

Australia is moving to resolve the refueling problem that is facing its flagship Antarctic research vessel RSV Nuyina. After public embarrassment over the problems, an agreement has been reached to build a fit-for-purpose wharf at the Port of Hobart. The Tasmanian Government announced that, following the securing of US$130.6 million funding from the federal government, it has now commenced works on the redevelopment of the Macquarie Wharf 6 in Hobart. The project’s core mission is to provide dedicated berthing for...

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icebreaker Voima

Finland’s Plans to Replace World’s Oldest Operating Icebreaker

Published Feb 6, 2026 7:00 PM by The Maritime Executive

Finland is making progress on a project to replace the world’s oldest working icebreaker. They announced the progress, reporting that the project has settled on the design concept for a new vessel that can operate in the typical ice and open water conditions of the Bothnian Sea and the Gulf of Finland. The Finnish Transport Infrastructure Agency (FTIA) has settled on the design for the new icebreaker that will replace the 70-year-old Voima, which was built in 1954 and holds...

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Offshore

offshore wind farm

Massachusetts Looks to Nova Scotia to Supply Offshore Wind Energy

Faced with the need for more electrical power and a desire to expand renewable energy, Massachusetts is looking toward the import of renewable energy from neighboring Nova Scotia. The first-of-its-kind agreement would present a novel solution to meeting the needs while also addressing the opposition of the Trump administration to the development of offshore wind energy generation. Massachusetts is a strong supporter of the offshore wind energy industry, with some of the first large projects in the United States. It...

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Shipbuilding

Vigor

French Private Equity Firm Buys Vigor Industrial

French private equity firm Antin Infrastructure Partners has reached an agreement to buy the American shipyard company Vigor Marine Group, bringing new foreign ownership to a key ship repair partner for the U.S. Navy and Coast Guard. Vigor, previously owned by Lone Star Funds, has expanded through serial acquisitions in recent years. It now includes five yards on the West and East Coasts near key fleet concentration areas: Seattle, Portland and Vancouver, within reach of the constellation of bases in...

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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

Arkadivna / istock

China's Belt and Road Initiative Boomed in 2025

[By Tom Baxter] Last year, Chinese companies’ “engagement” in 150 countries involved in the Belt and Road Initiative (BRI) reached its highest level since the BRI was launched 12 years ago. The value of construction deals involving Chinese companies reached USD 128 billion, up 81% on 2024. While investments totalled USD 85 billion, up 62%. The unprecedented boom has been revealed by annual data from the Griffith Asia Institute, an Australian think-tank, and the Green Finance and Development Center, a...

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