Monday, September 28, 2026
Media Kit
Russian-flagged bulker

Ukraine to Prosecute Russian Captain for Transporting Stolen Grain

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Indian Coast Guard vessel and tanker in distress

Indian Coast Guard Stops Flooding on Product Tanker in Distress

Published Sep 28, 2026 11:31 AM by The Maritime Executive

A specialized damage control team from the Indian Coast Guard was able to arrest the flooding endangering a product tanker off the northeastern coast of India in the Bay of Bengal. The Chinese-owned vessel was being taken in tow to a secure anchorage off Paradip, India, for additional repairs. The Coast Guard received a distress call from the tanker Sea Gull 9 (11,131 dwt) early on Saturday morning, September 27. The vessel was approximately 37 nautical miles east-southeast of Paradip...

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ultra-large cruise ship under construction

Construction is Underway on More Giants for Cruising

Published Sep 28, 2026 9:21 AM by The Maritime Executive

The pace of construction on the next generation of ultra-large cruise ships is gaining momentum. The ships are being floated out of their assembly docks and going on sea trials, while steel cutting and block assembly are already underway for even more of the giants. For years, Royal Caribbean International’s two Oasis-class ships at 225,000 gross tons were the outliers, with none of the large, contemporary segment cruise lines willing to jump the 200,000 gross ton milestone. Imaginative concepts were...

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Portuguese cruise ship Funchal

Classic Liner Turned Cruise Ship Faces Uncertain Future

Published Sep 28, 2026 9:20 AM by The Maritime Executive

Another one of the few remaining classic passenger ships is facing an uncertain future as Funchal is currently being auctioned as part of the insolvency of her owner. Built in the days when passenger ships conducted liner service, the now 65-year-old ship retains her classic silhouette and her original name even though she was converted to cruising and has changed ownership multiple times. Shipping aficionados and members of the Portuguese community are rallying with last-minute hope to save the classic...

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Royal Caribbean cruise ships at Coco Cay

Does the Royal Caribbean-Sandals JV Signal a New Paradigm for Cruising?

Published Sep 28, 2026 9:19 AM by The Maritime Executive

The overall sentiment is positive after the initial surprise of the news last week that Royal Caribbean Group would make a $3 billion investment in the Sandals resort operation in the Caribbean. Views of the potential synergies between the two operations have sparked the conversation about whether this is in fact the beginning of a new business model for the cruise corporations. The Florida-Caribbean Cruise Association (FCCA), a trade association started more than 50 years ago by the cruise lines,...

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Offshore

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New Zealand Invests $20 Million in New Offshore Gas Projects

New Zealand has made further progress in restarting domestic gas production with a new round of funding targeting offshore exploration projects. Resources Minister Shane Jones and Associate Finance Minister Chris Bishop this week announced $21 million financing for two offshore gas projects. The financing will be made through the Gas Security Fund (GSF), a $113 million state-owned investment facility to ramp up gas production in New Zealand. One of the projects considered for funding in this round is EnZed Energy’s...

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Shipbuilding

submarine dry dock UK

UK Government Announces New Projects to Support Shipbuilders

The UK Government announced two new projects it will be undertaking that will be bid out only to the national shipbuilding industry. The Chancellor of the Exchequer, John Healey, said they would herald a “new age of industrialization” for the UK while contributing to national security. The government said it would back two major projects, the building of new dry docks for the Royal Navy’s submarine service and the building of a new marine research vessel to be deployed by...

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Environment

Maersk

Study: Shipping is Off Track for 2030 Emissions Goals

The shipping industry will likely miss its 2030 targets for vessels running on alternative fuels, according to a new study from the UCL Energy Institute, mainly due to the regulatory uncertainties surrounding the IMO Net-Zero Framework (NZF). According to the fifth edition of 'Climate action in shipping: Progress towards shipping's 2030 breakthrough', the industry is highly unlikely to meet targets of having zero-emission fuels accounting for 5-10 percent of total fuel usage, the goal set in the 2023 IMO Greenhouse...

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Business

Royal Caribbean cruise ships at Coco Cay

Does the Royal Caribbean-Sandals JV Signal a New Paradigm for Cruising?

The overall sentiment is positive after the initial surprise of the news last week that Royal Caribbean Group would make a $3 billion investment in the Sandals resort operation in the Caribbean. Views of the potential synergies between the two operations have sparked the conversation about whether this is in fact the beginning of a new business model for the cruise corporations. The Florida-Caribbean Cruise Association (FCCA), a trade association started more than 50 years ago by the cruise lines,...

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