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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Tampa's crew with cocaine

US Coast Guard Cutter Offloads 29,000 Pounds of Cocaine in Port Everglades

Published Oct 14, 2026 11:12 PM by The Maritime Executive

On Wednesday, the U.S. Coast Guard cutter Tampa delivered nearly 30,000 pounds of cocaine to a pier in Port Everglades Florida. The crew of the 42-year-old medium endurance cutter captured all of the haul themselves in a series of six interdictions in the Eastern Pacific. "By honing their maritime skills, standing the watch and working together, they intercepted over $226 million in illicit narcotics. Their resounding teamwork during complex operations is astounding. I commend them on their tremendous tenacity and...

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KCNA

North Korea Tests Sub-Launched "Strategic" Cruise Missile

Published Oct 14, 2026 8:53 PM by The Maritime Executive

On Wednesday, North Korean forces tested two different types of missiles that can be launched from underwater, according to Pyongyang's state-owned media. If effective in operation, the submarine-launched missiles would give the North a way to conduct attacks with less notice, and would provide a strike or counterstrike capability that is harder to target and eliminate. "The test-fire aimed to examine the current mobilized posture of the underwater combat systems and contributed to getting the Navy skilled in performing its...

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The proposed Alaska LNG liquefaction plant on Cook Inlet (Alaska LNG)

Taiwan Plans to Invest $4.4B in Alaska LNG, Subject to Negotiations

Published Oct 14, 2026 8:15 PM by The Maritime Executive

On Wednesday, Taiwan's government confirmed that it currently plans to buy six million tonnes per annum of LNG from the Alaska LNG megaproject, and it intends to make a $4.4 billion investment in the construction of the system, subject to further negotiations. In a statement on his social media platform on Wednesday, President Donald Trump confirmed that Taiwan had agreed to an "offtake commitment" equaling 30 percent of the plant's output "because this is now a U.S. federal government project."...

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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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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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