Monday, June 08, 2026
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tanker on fire

Indian Crew Airlifted from Burning Shadow Fleet Tanker off Oman

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Lady Elena

Treasury Blacklists Six More LPG Carriers for Moving Iranian Gas

Published Jun 7, 2026 3:19 PM by The Maritime Executive

On Friday, the U.S. Office of Foreign Assets Control put sanctions on six more Iran-linked LPG carriers, adding to the long list of blacklisted vessels with connections to Iran's petroleum industry. The vessels listed on Friday include the MD 23 (IMO 9158240), which has been moving Iranian LPG since 2023, according to the Treasury; Glendale (IMO 9139945), responsible for moving millions of barrels of LPG since 2020; Amir Gas (IMO 9167409); Gas Lagoon (IMO 9386304); Mile (IMO 8910897); and Gaz...

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VLCC Majestic X seized on April 23 off Sri Lanka by teams from the USS Miguel Keith (background) (From INDOPACOM video)

Kinahan Cartel Linked to Iran’s IRGC Dark Fleet Operations

Published Jun 7, 2026 12:03 PM by The Maritime Executive

Reports in the UK's Sunday Times are linking the seizure of an OFAC-sanctioned VLCC tanker, the Majestic X (IMO 9198317), to the Kinahan drugs cartel and Iranian oil trading. The tanker was seized east of Sri Lanka in a combined operation coordinated by US Indo-Pacific Command on April 23, with the seizure crew launching from the Lewis B. Puller Class expeditionary staging base USS Miguel Keith (ESB 5). The Majestic X was fully laden, with the Sunday Times estimating that...

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PSC chain

Report: Preventable PSC Detentions are Increasing Across the Fleet

Published Jun 6, 2026 5:48 PM by The Maritime Executive

Port state control detentions have risen by about 70 percent over the past five years, even though the number of inspections has stayed flat, according to a new paper published by Survitec during Posidonia. The report draws on data from the main PSC inspection regimes and finds that detention is no longer a rare event confined to "problem" ships. Only half of all inspections now pass without deficiencies, and one in seven merchant ships will likely be detained at least...

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GPHA

Ghana’s New Drydock Project Progresses After Successful Financing Round

Published Jun 6, 2026 3:54 PM by The Maritime Executive

Ship diversions around Cape of Good Hope have seen vessel traffic growth along the West African coastline. Additionally, recent expansion of deepwater drilling operations by big oil companies is a development indicator for the offshore industry in West Africa. With these opportunities, the region is emerging as a global destination for ship repair and maintenance. In fact, several West Africa governments are ramping up plans to expand ship repair infrastructure. The latest milestone is from Ghana, with Takoradi Floating Dock...

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Offshore

FLNG to be built for Louisiana

FID Go-Ahead for First US Floating LNG Plant and World’s Largest FLNG

Delfin Midstream and its investor group have reached a financial investment decision to proceed with Delfin FLNG 1, which will become the first floating LNG project in the United States and the largest FLNG project globally. To be positioned off the coast of Louisiana, the project is expected to have an initial export capacity of 4.4 million tonnes of LNG per year. It is the first stage of a proposed project that would have a total capacity of 13.2 MTPA...

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Shipbuilding

GPHA

Ghana’s New Drydock Project Progresses After Successful Financing Round

Ship diversions around Cape of Good Hope have seen vessel traffic growth along the West African coastline. Additionally, recent expansion of deepwater drilling operations by big oil companies is a development indicator for the offshore industry in West Africa. With these opportunities, the region is emerging as a global destination for ship repair and maintenance. In fact, several West Africa governments are ramping up plans to expand ship repair infrastructure. The latest milestone is from Ghana, with Takoradi Floating Dock...

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Environment

LCO2 carbon capture and transport

Northern Lights Proceeds with Fleet Expansion with MISC and K Line

The first commercial cross-border carbon transport and storage program, Norway’s Northern Lights, is moving forward with its announced fleet expansion as it completed a second charter agreement with MISC Group and K Line (Kawasaki Kisen Kaisha). This follows the January 2026 announcement that the company would add four more vessels and the recent delivery of its newest ship to Bernhard Schulte Shipmanagement. Northern Lights was started in 2021 as a joint venture between Equinor, Shell, and TotalEnergies in support of...

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Business

Hyldahn

Podcast: Marcura CEO Henrik Hyldahn on AI for Modern Vessel Operations

In this edition of The Maritime Executive's podcast series, Marcura Group CEO Henrik Hyldahn joined TME to talk about the advent of AI tools for shipping professionals. Hyldahn started his corporate career at Coca-Cola and Carlsberg in Denmark, but a meeting with a Norwegian shipowner convinced him to try out the maritime world instead. He became CEO of the digital marketplace platform ShipServ in 2020, then took over as CEO of Marcura Group after the company acquired ShipServ in 2023-4....

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