Friday, October 16, 2026
Media Kit
An attack drone detonates during an attempted strike on a Russian offshore supply vessel, Sochi, Sept. 3 (Russian social media)

UK-Made Drone Boat Was Used in Strike on Russian Supply Ship

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NATO vessels docked in Bergen Norway

Arrests in Norway Reveal Fraud and Bribery for NATO Ship Supply Contracts

Published Oct 15, 2026 7:08 PM by The Maritime Executive

A wide-sweeping probe reaching from Norway to Germany and Romania has revealed a scheme of fraud and bribery for contracts to supply NATO ships. The first arrests were made on Wednesday in Bergen, Norway, with officials saying the scheme ran for at least four years and that they estimate the total losses are more than €1 million (US$1.12 million). The investigation began in April 2025 and was coordinated by Eurojust, the European Union Agency for Criminal Justice Cooperation, along with...

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Carnival Splendor in Sydney harbor

Carnival Deals Blow to Australia Ending Deployment of Two Cruise Ships

Published Oct 15, 2026 6:07 PM by The Maritime Executive

In the latest blow to Australia’s already struggling cruise industry, Carnival Cruise Line announced it will redeploy permanently to North America two of the four cruise ships it has had in the market. While Australia is the fourth largest overall cruise market, a coalition formed earlier this year highlighted that the market is sagging under rising costs and a lack of regulatory certainty. Carnival Cruise Line announced the Carnival Adventure (108,865 gross tons with accommodations for up to 3,150 passengers)...

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GPA

Port of Savannah Gets Army Corps Permit for New 3.5M TEU Container Terminal

Published Oct 15, 2026 5:32 PM by The Maritime Executive

Georgia Port Authority has secured the U.S. Army Corps of Engineers' approval for a massive new container terminal at the Port of Savannah, completing a three-year-long review process. The new terminal will be built on Hutchison Island on 350 acres, and will have a capacity of 3.5 million TEU. The extra room will allow Savannah to continue a decade-long growth boom, which started with the inauguration of the New Panama Canal and "all-water" routes from Asia to the U.S. East...

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tanker aground

Storm Drives Another War Damaged Tanker Ashore in Turkey

Published Oct 15, 2026 4:31 PM by The Maritime Executive

Turkish officials are responding to the second grounding this week of a tanker during strong storms that have moved across the region. Both of the vessels are war casualties struck by Ukraine during the Black Sea offensive and brought to Turkey. The Liberian-flagged tanker Banda was driven ashore near Sariyer, in the northern sections of Istanbul along the Black Sea. The Turkish Coast Guard reports it responded to the vessel, which lost control due to the strong winds and rough...

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Offshore

Rumor

Despite Rumors, Logistical Shortfalls Rule Out Russian-Iranian Oil Blending

Speculation has recently mounted that Iran is managing to export its crude oil using routes over the Caspian Sea. Given the Iranian regime’s sanctions-breaking expertise, developed over nearly 50 years, one might expect the Iranians capable of putting such diversions in place. But as yet there is little public evidence that they have managed to do so in any appreciable quantity. Iranian oil is produced onshore in the southwestern province of Khuzestan (from the Ahvaz, Gachsaran, Marun and Aghajari oilfields)...

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Shipbuilding

Fincantieri Marine Group Wisconsin

Fincantieri Modernizes Wisconsin Yards with Investment by US Navy and MARAD

The U.S.-based division of Fincantieri reports it is moving forward with $10 million in new U.S. Navy and U.S. Maritime Administration (MARAD) funding. The investment is for advanced manufacturing and workforce investments across its Wisconsin shipyards. The investment consists of approximately $8.3 million in Navy Shipbuilding Capability Industrial Base (SCIB) funding and a $1.3 million MARAD Small Shipyard Grant. The company says it is part of its long-standing investments in its U.S. shipyards to expand and modernize American shipbuilding. Since...

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Environment

Outlaw ocean project

Investigating the Hidden Costs of World’s Farmed Seafood

For nearly a decade, the Outlaw Ocean Project, the non-profit journalistic organization that I founded, has produced high-impact investigative stories about lawlessness at sea and the variety of threats posed to the people and biodiversity of a space that covers two thirds of our planet. The oceans bear a heavy and largely invisible burden. The public usually takes it for granted, a forever self-replenishing resource that we use to fill our stomachs or line our wallets. Our journalism intends to...

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Business

A refinery in Moscow burns after a Ukrainian drone strike, June 2026 (Russian social media)

IEA: Russian Diesel Deal Won't Change Tight Global Energy Market

The tight global market for diesel fuel is likely to extend well into 2027, according to the latest analysis from the International Energy Agency, meaning that record prices may be here to stay through at least the first quarter of 2027 - and maybe longer, depending upon the conflicts in the Mideast and Ukraine. The disruption at the Strait of Hormuz, attacks on refineries in the GCC states, and Ukraine's concerted campaign of strikes on Russian energy infrastructure have all...

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