Sunday, October 11, 2026
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Port of Melbourne

Op-Ed: Decarbonization in Shipping is More Than a Single Decision

Published Oct 9, 2026 6:16 PM by Oskar Levander

The maritime industry entered 2026 with less regulatory certainty than it had a year earlier, not more. The most consequential piece of global shipping regulation of the decade, the International Maritime Organization’s Net-Zero Framework, was agreed in principle in 2025: a global fuel standard that lowers the permitted greenhouse gas intensity of marine energy over time, backed by a mechanism that prices emissions and rewards cleaner ships. Its formal adoption then stalled. The decision was pushed back a year, and...

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ammonia-fueled dry bulk carrier

CMB.TECH Putting First Ammonia-Powered Bulkers into Service with Fortescue

Published Oct 9, 2026 5:35 PM by The Maritime Executive

Belgium’s CMB.TECH is highlighting that its nearly decade-long effort to develop and launch large ammonia-fueled ships is coming to fruition. It is highlighting that Mineral Europa (210,000 dwt) is entering service as one of 12 vessels it is chartering to Fortescue and as part of a larger fleet of 21 ammonia-powered ships due to enter service by 2029. The Saverys family and CMB.TECH have been at the forefront of advocacy for the development of ammonia as a marine fuel to...

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Cyber

The VL Prosperity Breach: What U.S. Cybersecurity Rules Already Require

Published Oct 9, 2026 4:27 PM by Liz Martin

On August 21, 2026, U.S. Coast Guard law enforcement, USCG Cyber Protection Team (CPT), a vessel inspector and FBI Cyber Action Team (CAT) boarded a 333-meter crude oil tanker in the Atlantic. The ship, later identified through Iranian and open-source reporting as the VL Prosperity, was three weeks out from Egypt’s Sidi Kerir terminal, headed for Galveston with roughly 2.3 million barrels of crude. Its network showed signs of compromise by a foreign cyber actor. Investigators spent four days aboard,...

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Romania Mangalia shipyard

Germany’s Rheinmetall Acquires Romania’s Mangalia Shipyard

Published Oct 9, 2026 4:11 PM by The Maritime Executive

The long-running battle over the future of Romania’s Mangalia Shipyard was settled with the court-appointed liquidator confirmed a deal to sell the yard, with the goal of quickly resuming work. Germany’s Rheinmetall has agreed to acquire the yard for €138 million ($154 million) as part of an effort to build four ships for the Romanian Navy. Once one of the largest shipyards in Europe and a major employer in Romania, the yard of late had been in a joint venture...

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MORE STORIES BY CATEGORY

Offshore

NHC

Hurricane Isaias Prompts Shut-Ins for 60 Percent of Gulf Oil Production

As Hurricane Isaias closes in on the Gulf coast, the National Hurricane Center is warning residents from eastern Louisiana to the Florida Panhandle to get ready for a "life-threatening storm surge." Isaias intensified as expected overnight Wednesday, and the latest Hurricane Hunters flight into the storm suggest surface wind speeds in the range of 85 knots. The system is moving swiftly at about 10 knots to the northeast, and is expected to turn to the north, putting it on track...

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Shipbuilding

Romania Mangalia shipyard

Germany’s Rheinmetall Acquires Romania’s Mangalia Shipyard

The long-running battle over the future of Romania’s Mangalia Shipyard was settled with the court-appointed liquidator confirmed a deal to sell the yard, with the goal of quickly resuming work. Germany’s Rheinmetall has agreed to acquire the yard for €138 million ($154 million) as part of an effort to build four ships for the Romanian Navy. Once one of the largest shipyards in Europe and a major employer in Romania, the yard of late had been in a joint venture...

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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

engine repairs

HD Hyundai to Buy Goltens to Expand Aftermarket Maintenance Market

Goltens Worldwide, long recognized as a leader in planning and performance maintenance and repair work, has agreed to be acquired by HD Hyundai Marine Solution (HMS). With HMS, Goltens says it sees considerable scope to invest, grow, and develop capabilities, while for HD Hyundai, it provides a critical opportunity to expand its aftermarket support globally. The proposed acquisition, the companies explained, offers opportunities to expand technical capabilities, strengthen its global service coverage, and support investment in people, facilities, and technologies....

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