Wednesday, June 24, 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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MPA

ECSA: Europe Should Use Carbon Fee Revenue to Support Green Fuels

Published Jun 23, 2026 8:22 PM by The Maritime Executive

The European Union and its individual member states are pulling in billions of dollars in carbon tax revenue from the maritime sector under the Emissions Trading Scheme (ETS), but aren't reinvesting all the money into maritime decarbonization - and the European Community Shipowners' Associations (ECSA) want that to change. According to ECSA, Euraopean shipping stakeholders pay about $10 billion in EU and member-state ETS fees every year in order to burn conventional carbon-based bunker fuel. In addition to the tax...

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PortMiami Florida

PortMiami Lures Away Maryland Port Administration’s Jonathan Daniels

Published Jun 23, 2026 7:06 PM by The Maritime Executive

In a shake-up at two of the operations of major U.S. East Coast ports, PortMaimi named the current Executive Director for the Maryland Port Administration and Port of Baltimore, Jonathan Daniels, as its new Director and Chief Executive Officer. Daniels, who has more than three decades of experience, steps into PortMiami following having led the recovery at the Port of Baltimore after the collapse of the Francis Scott Key Bridge. “After a lot of reflection as well as careful thought...

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Carnival Corporation HQ

Carnival Corp.’s Lowered Outlook Raises Concerns for Cruise Industry

Published Jun 23, 2026 6:15 PM by The Maritime Executive

Carnival Corporation reported strong quarterly results today, but also lowered its outlook for growth in its net yields and issued guidance below Wall Street expectations. The price of Carnival’s stock tumbled nearly five percent as it followed its peers in citing the impact of the war in the Middle East on bookings and consumer confidence. Management of Carnival Corporation cited the effects of the conflict in the Middle East, saying it impacted its European deployments. CFO David Bernstein highlighted “extreme...

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Drones

U.S. Gives Four Underwater-Capable Surveillance Drones to the Philippines

Published Jun 23, 2026 5:07 PM by The Maritime Executive

The U.S. government is transferring ownership of four advanced drone boats to the Philippines, expanding the ability of the country's navy to monitor its EEZ and keep an eye on Chinese incursions. The objective is to improve detection of China's movements in the Philippine EEZ. The devices are Ocean Aero Triton sailing USVs, which are solar-powered and wind-propelled. Uniquely, they can operate in a submerged mode without further input from the operator, transitioning from sailing to deep-dive submergence autonomously. They...

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Offshore

offshore floating wind farm

California to Sue Trump Administration for Canceled Offshore Wind Lease

California Attorney General Rob Bonta and the California Energy Commission filed a notice of intent on Tuesday, June 23, to challenge the Trump administration’s deal to cancel a California offshore wind lease in exchange for investments in fossil fuel energy projects. The state contends the effort puts at risk its energy policy and more than $100 million in investments in an unlawful agreement that violates the Outer Continental Shelf Lands Act. The Trump administration’s latest step to end offshore wind...

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Shipbuilding

river cruise ship

Chinese River Cruise Line Takes Delivery of First European Market Ship

China’s Century Cruises, which calls itself China’s largest local tour operator for inbound travel, has taken delivery of the first three river cruise ships designed for the European market. They report that the ships will form the basis for a long-term presence in the European river cruise market. The company, which currently runs five river cruise ships centered on the Yangtze, reports it is expanding into the rivers of Europe and Egypt to secure its status as a global leader...

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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

Carnival Corporation HQ

Carnival Corp.’s Lowered Outlook Raises Concerns for Cruise Industry

Carnival Corporation reported strong quarterly results today, but also lowered its outlook for growth in its net yields and issued guidance below Wall Street expectations. The price of Carnival’s stock tumbled nearly five percent as it followed its peers in citing the impact of the war in the Middle East on bookings and consumer confidence. Management of Carnival Corporation cited the effects of the conflict in the Middle East, saying it impacted its European deployments. CFO David Bernstein highlighted “extreme...

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