Thursday, October 15, 2026
Media Kit
damaged product tanker struck off Romania

NATO Discusses Black Sea After More Vessel Strikes Leave Seven Crew Missing

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Fincantieri Marine Group Wisconsin

Fincantieri Modernizes Wisconsin Yards with Investment by US Navy and MARAD

Published Oct 14, 2026 7:09 PM by The Maritime Executive

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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Dhow on fire

U.S. Forces Destroy a Dhow Suspected of Conducting Surveillance for Iran

Published Oct 14, 2026 6:51 PM by The Maritime Executive

The U.S. military claims that Iran has been using scouts embedded in the boat traffic in and around Hormuz for spotting and targeting vessels, including American warships. Human spotters help offset the loss of Iran's coastal radars, which U.S. forces have targeted and destroyed on multiple occasions, a military official confirmed to Reuters. According to CENTCOM, U.S. forces intercepted and destroyed an Iranian-linked dhow on October 6. The vessel had been watching U.S. Navy ships in the Gulf of Oman,...

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Port of Algerciras

US Plans Fees Citing Evidence of Spain’s Restrictive Port Practices

Published Oct 14, 2026 6:10 PM by The Maritime Executive

After a nearly two-year investigation, the Federal Maritime Commission says it found “conclusive evidence” of restrictive port practices by Spain that were creating unfavorable shipping conditions in foreign trade. The FMC is proposing fines for Spanish-flagged vessels and restrictions on the importation of certain Spanish goods. The investigation stems from incidents in November 2024, which saw vessels operating for the U.S.-flagged Maersk Line, Ltd. divert from Algeciras to Morocco. It started with a series of protests by activists in Spain,...

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UK polar icebreaker

UK’s Only Polar Icebreaker is Towed to Port to Investigate “Defect”

Published Oct 14, 2026 5:47 PM by The Maritime Executive

UK media is speculating that the Royal Navy may be facing a significant problem after its only polar icebreaker, HMS Protector, appears to have suffered a significant failure. Reports are indicating that the now 25-year-old survey and scientific vessel used as a demonstration of sovereignty in the polar regions has experienced a potentially serious mechanical failure without plans for a replacement. The publication Naval Lookout and local newspapers are reporting that HMS Protector was towed into her homeport at Davenport...

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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

Austal shipbuilding

Austal Continues Efforts for Possible Sale of US Shipbuilding Operations

Austal confirmed in a stock exchange filing on Wednesday, October 14, that it has commenced commercial negotiations with Hanwha Defense USA while also extending the due diligence process following the earlier indication of interest in acquiring the US operations of the Australian company. At the same time, it reports there is an ongoing dialogue with a US-based investment firm that also indicated interest in bidding for the shipbuilding operations. The companies went public in early August, reporting that Hanwha Defense...

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