Thursday, May 28, 2026
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damage to HMM ship from Iranian anti-ship missiles

South Korea Identifies Iranian Missile Components from Attack on HMM Ship

Published May 27, 2026 6:49 PM by The Maritime Executive

Officials in South Korea revealed the results of their investigation over the past two weeks into the attack on the HMM cargo ship Namu. The vessel was struck by two objects, which they initially said were unidentified flying projectiles but have now concluded were a version of Iranian anti-ship missiles. The Namu (38,314 dwt) was struck on May 4 while it was anchored off the UAE port of Umm Al Quwain. There were 24 crewmembers who were not injured, but...

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Diana Shipping dry bulk carrier

Battle of Bulkers Continues as Diana Increases Offer for Genco

Published May 27, 2026 6:02 PM by The Maritime Executive

The battle between two leading dry bulk operators heated up as Diana Shipping looked to further increase the pressure on Genco Shipping & Trading to come to terms for a merger. The two companies have been accusing each other of misrepresentations as the battle has stretched on, as Diana seeks to acquire Genco. Both companies agree it is a good time in the sector and cite the opportunities that are ahead. Many have cited the strength of combining two similar-sized...

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strike on drug boat

Video: One Person Killed and Two Survive as US Strikes Suspected Drug Boat

Published May 27, 2026 4:38 PM by The Maritime Executive

After a possible lull in the strikes against suspected drug smugglers, or in reporting the strikes, U.S. forces confirmed another strike in the Eastern Pacific. The U.S. also reported an interception and arrests in another case, showing the mixed use of tactics in the efforts to slow drug smuggling. U.S. Southern Command reported the latest strike, saying it took place on May 26 in the Eastern Pacific. The accompanying video shows a lone motorboat speeding along when it is struck...

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Gujarat ATS

Three Arrested, One Dead in Cocaine Bust at Mundra Port

Published May 27, 2026 4:20 PM by The Maritime Executive

The Indian Coast Guard and partner agencies have seized about 115 kilos of cocaine from a boxship, a small bust by global standards but a significant development for India. The Gujarat Anti-Terrorist Squad (ATS) detected an inbound shipment aboard the container ship Europe (IMO 9285988) through a tip-off. When the ship arrived at an anchorage off Mundra Port last weekend, the Indian Coast Guard and the ATS were waiting. Under cover of darkness, they watched from a launch as two...

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Offshore

Ichthys

Australia's Ichthys LNG Project Dodges Labor Strike

The labor union for Australia's offshore oil and gas workers has called off plans for a strike at the giant Ichthys LNG terminal in Western Australia. The Offshore Alliance said that negotiations with management were proceeding, and the labor action that its members approved earlier in the month will be deferred. The news will be welcome for Asian utilities, which have been paying elevated prices for LNG since the start of the U.S./Israeli conflict with Iran; any interference with Ichthys'...

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Shipbuilding

Estonia first full electric ferry

Estonia Contracts to Design and Build Its First Fully Electric Ferry

Estonian State Fleet signed a design and shipbuilding contract with the Polish shipyard CRIST for the construction of its first fully electric passenger ferry. Designed to operate primarily on shore-charged green electricity and for year-round service in demanding Nordic conditions, including winter ice operations, Estonia State Fleet reports the ferry will mark a major step in the decarbonization of ferry transport in the Baltic Sea region. “Ferry connections are vital for Estonia and especially for our island communities,” said Estonian...

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Environment

Francesca Verones, NTNU

Microplastics Could Affect the Ocean's Ability to Absorb Carbon

[By Ingebjørg Hestvik] “We study how plastic affects what we call ecosystem services, that is, the services we receive from ecosystems. When the ocean absorbs carbon dioxide from the atmosphere, we consider it as a service the ocean performs for us,” says researcher Francesca Verones. Photo: Francesca Verones, NTNU You have probably heard this before: more than 70 per cent of our planet is covered by oceans. Nearly half of all photosynthesis on Earth takes place in the ocean, and...

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Business

containership Solong destroyed by fire after hitting tanker

UK Permits Liabilities Limitation in Solong-Stena Immaculate 2025 Allision

The UK Admiralty Court handed down a decision last week after hearing arguments from the owners and operators of the containership Solong that they should be permitted to limit liabilities from the 2025 incident when their ship plowed into the anchored tanker Stena Immaculate. At issue were claims by Stena Bulk, as the owners of the tanker, and Crowley, as the charterer, that the owners of the containership had knowingly let it sail with problems that would contribute to the...

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