Saturday, October 17, 2026
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Hundreds of shipyard workers gather for the keel-laying for the future CCGS Imnaryuaq, with a nearly-completed naval auxiliary in the background (CCG)

Seaspan Lays the Keel for Canada's Biggest Domestically-Built Icebreaker

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Port of Shanghai

Shanghai Moved a Staggering 5.1M TEU in September Recovering from Typhoons

Published Oct 16, 2026 4:31 PM by The Maritime Executive

While already recognized for many years as the world’s busiest container port, Shanghai exceeded its own records, handling a staggering 5.135 million TEU during September. Port officials are highlighting the achievement to emphasize that the port is clearing its backlogs and working very efficiently. Shanghai’s operations were disrupted starting in July by three powerful typhoons. The weather-related suspensions contributed to a growing backlog and vessel congestion. It was further exacerbated by a surge in exports and strong international demand. The...

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bulker detained in Ukraine

Ukraine is Trying to Auction Off Seized Bulker Stuck in Chornomorsk

Published Oct 16, 2026 3:06 PM by The Maritime Executive

Ukraine’s Asset Recovery and Management Agency (ARMA) reports it is ready to sell a seized bulker that it has been fighting over for the past several years, claiming it is owned by Russian interests. The vessel, Emmakris III, has been trapped in Ukraine since the start of the war in February 2022. The vessel has been posted on ARMA’s website, and its press office reports the vessel is being prepared for sale. It had tried to sell the ship earlier,...

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warship sailing alongside containership in the Red Sea

War in Yemen Now Impacting the Whole Gulf Region

Published Oct 16, 2026 2:46 PM by The Maritime Executive

The Houthis have intensified their attacks on the forces of Yemen’s Internationally Recognized Government (IRG) over the last week but have also widened their campaign by mounting very damaging attacks on infrastructure in Saudi Arabia. Targeting of civilian airports in Saudi Arabia, which has led to the temporary closure of Riyadh International Airport, places further pressure on transport routes into and out of Saudi Arabia, which have also been exacerbated by continued drone and missile attacks on oil pipelines and...

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product tanker damaged in Black Sea attack

Bulgaria and Romania Continue Black Sea Searches After Attacks

Published Oct 16, 2026 1:52 PM by The Maritime Executive

Search and rescue and salvage efforts are continuing in both the Bulgarian and Romanian zones of the Black Sea after the attacks earlier this week on commercial ships. Weather conditions have been hampering the operations, but both countries are searching for further evidence from the attacks, while Bulgaria confirmed it has also officially asked NATO to increase its deployment to strengthen security in the region and for commercial shipping. Romania dispatched teams both aboard a helicopter and a patrol boat...

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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

Hundreds of shipyard workers gather for the keel-laying for the future CCGS Imnaryuaq, with a nearly-completed naval auxiliary in the background (CCG)

Seaspan Lays the Keel for Canada's Biggest Domestically-Built Icebreaker

Seaspan's Vancouver Shipyards has carried out the keel-laying ceremony for the Canadian Coast Guard's next polar icebreaker, the future CCGS Imnaryuaq. It has been 15 years since the initial contract was awarded for Imnaryuaq, and the long-awaited vessel is now formally under way towards completion. Delivery is expected in 2032. At 520 feet long and 26,000 tonnes displacement, Imnaryuaq will be the largest icebreaker ever built in Canada. The ship will be constructed to Polar Class 2 standards for service...

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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

A refinery in Moscow burns after a Ukrainian drone strike, June 2026 (Russian social media)

IEA: Russian Diesel Deal Won't Change Tight Global Energy Market

The tight global market for diesel fuel is likely to extend well into 2027, according to the latest analysis from the International Energy Agency, meaning that record prices may be here to stay through at least the first quarter of 2027 - and maybe longer, depending upon the conflicts in the Mideast and Ukraine. The disruption at the Strait of Hormuz, attacks on refineries in the GCC states, and Ukraine's concerted campaign of strikes on Russian energy infrastructure have all...

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