Tuesday, June 23, 2026
Media Kit
ships trapped in the Persian Gulf

IMO and Oman Launch “Phased Evacuation” for Transits in Strait of Hormuz

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An MH-60 Jayhawk operating near Sitka, 2026 (U.S. Coast Guard file image)

U.S. Coast Guard SAR Helicopter Crashes Near Sitka, Alaska

Published Jun 22, 2026 6:35 PM by The Maritime Executive

The U.S. Coast Guard reports that a rescue helicopter went down just outside of Sitka, Alaska on Monday morning. At about 1007 hours on Monday, the command center for Coast Guard Arctic District received report of a crash involving a Jayhawk aircrew operating out of Air Station Sitka. The aircraft had crashed during a training flight near Harbor Mountain, about two miles northeast of Coast Guard Air Station Sitka. Sitka Fire and Rescue reached the site within about 50 minutes,...

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South Korean shipbuilder K Shipbuilding

Sale of South Korea’s K Shipbuilding (Formerly STX) Falls Through

Published Jun 22, 2026 5:43 PM by The Maritime Executive

A plan to sell South Korea’s mid-sized shipyard K Shipbuilding has fallen through, with the potential buyer reporting it had been unable to reach terms with the debt investor and private equity firm that had rescued the yard four years ago. K Shipbuilding is the surviving South Korea operations of the former STX Offshore & Shipbuilding, which had been one of Korea’s largest shipbuilders with a growing international portfolio. The collapse of the proposed sale is the latest twist in...

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wind-powered cargo ship

DHL Partners with Under-Development Vela Wind-Powered Cargo Ship

Published Jun 22, 2026 4:31 PM by The Maritime Executive

The freight forwarding arm of global shipping giant DHL is partnering to offer customers the option of transporting goods transatlantic on a wind-powered cargo ship. Vela announced its partnership today, June 22, saying it will combine environmental performance and logistical excellence. DHL Global Forwarding France, the freight forwarding business for DHL, will become a partner committing to space on the new ship. It joins the group of what the company calls pioneer cohorts, which will be among the founding members...

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Blast Ras Laffan

Giant Blast Kills 13 Workers at Ras Laffan Gas Plant

Published Jun 22, 2026 4:05 PM by The Maritime Executive

A blast at the Ras Laffan gas complex has killed 13 workers and injured 66 more, Qatari officials say. 12 of the deceased were Indian nationals, plus one Pakistani citizen. The giant Ras Laffan Industrial City area is a vast complex for processing natural gas from Qatar's offshore wells, and it incorporates multiple elements, including power stations, desalination plants, gas-to-liquid plants, and the world's largest collection of liquefaction trains for producing LNG. The LNG complex was shut down during the...

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Offshore

offshore wind farm

Trump Administration to Buy Back Four More Offshore Wind Leases

Continuing its strategy of canceling offshore wind projects by buying back the leases in exchange for other energy investments, the Department of the Interior announced its third agreement. The administration has committed nearly $2.6 billion to canceling offshore wind leases even as the strategy is being challenged in court and by regulators. Invenergy will voluntarily terminate four offshore wind leases it purchased in the past from the government and will redirect the investments toward other domestic energy sources, said the...

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Shipbuilding

South Korean shipbuilder K Shipbuilding

Sale of South Korea’s K Shipbuilding (Formerly STX) Falls Through

A plan to sell South Korea’s mid-sized shipyard K Shipbuilding has fallen through, with the potential buyer reporting it had been unable to reach terms with the debt investor and private equity firm that had rescued the yard four years ago. K Shipbuilding is the surviving South Korea operations of the former STX Offshore & Shipbuilding, which had been one of Korea’s largest shipbuilders with a growing international portfolio. The collapse of the proposed sale is the latest twist in...

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Environment

hydrogen-powered short-sea dry bulk carrier concept

Norway Accelerates Hydrogen-Power Bulker Project for Shortsea Shipping

Norway’s LH2 Shipping reports it is accelerating the development of hydrogen-powered shortsea shipping bulkers for the Baltic with an additional grant from the Norwegian government program to accelerate the green energy transition. The company will add a fifth and sixth bulker to its plan, saying that increased support reflects the growing momentum for liquid hydrogen as a viable alternative fuel for shortsea shipping. The company was awarded an additional grant of approximately $35.82 million from Enova, which it says will...

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Business

offshore support ship Seacor Marine

Activist Shareholder Calls for Sale of Seacor Marine’s Offshore Fleet

Houston-based Seacor Marine is the latest company in the offshore sector to face a challenge from its shareholders. The company has been struggling with the downturn in many segments of the offshore sector supporting oil and gas, while trying to conduct a fleet reorganization to improve financial results. Activist shareholder Pointillist Family Office, which owns more than seven percent of the stock and is the largest holder, is demanding that the board begin a strategic review to sell the company...

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