U.S. Hits Iran's Antiship Missile Sites in the Strait of Hormuz

Abeille Normandie (VesselFinder / Blende Acht)

French Navy Marine Suffers Serious Gunshot Wound Aboard Rescue Tug

Published Mar 17, 2026 11:04 PM by The Maritime Executive

Last weekend, a French Navy marine suffered a severe, life-threatening injury aboard the rescue ship Abeille Normandie, according to the prosecutor's office for the Boulogne-Sur-Mer area. The victim was hospitalized for treatment in critical condition. On Saturday afternoon, Marine Nationale riflemen (fusiliers marins) were conducting an exercise aboard the Abeille Normandie at a location near Pas-de-Calais. During the maneuvers, a 23-year-old soldier was shot and wounded in the abdomen, prosecutor Patrick Leleu told AFP. It is believed that one of...

Japanese Prime Minister Sanse Takaichi and Donald Trump

Report: Japan and U.S. to Announce $100M Shipbuilding R&D Project Using AI

Published Mar 17, 2026 8:22 PM by The Maritime Executive

Reports from the Japanese media on Tuesday indicated that Japan’s Prime Minister will announce a new $100 million investment project to develop AI-driven technologies in part to aid the U.S. shipbuilding industry. It is a tangible project within the $550 million in investments Japan pledged to the Trump administration to win a trade deal in 2025. News outlets Nikkei and the Yomiuri Shimbun report the agreement will be finalized when Prime Minister Sanse Takaichi and Donald Trump meet in Washington,...

Hormuz Shutdown Drives Up Bunker Prices, With Broad Effects on Shipping

Published Mar 17, 2026 7:34 PM by The Maritime Executive

Bunker prices around the world have soared in response to the crisis in the Mideast, as the shutdown of the Strait of Hormuz has disrupted oil supplies to the most important refining and bunkering hubs. Prices in Singapore hovering above $1,100 per tonne - a price premium of more than 60 percent over Brent crude. Bunker fuel is normally cheaper than oil, but restricted crude supplies for refiners in the Indo-Pacific have inverted the normal relationship, yielding green-fuel prices for...

Mediterranean States Call on EU to Coordinate Response to Drifting Wreck

Published Mar 17, 2026 7:33 PM by The Maritime Executive

The wreck of the Russian-flagged gas carrier Arctic Metagaz continues to drift in the Mediterranean, driven by the winds and currents. Member states of the European Union, a subgroup of nine European nations, and Libya are all raising concerns over the dangers, while Russia has reportedly said it is not its problem. The wreck has been drifting since the vessel was racked by an explosion and fire on March 3, while it was traveling south of Malta. Initial uncertainty over...

Shipping

Tankers Appear Cuba Bound as Russia Vows Support Against External Pressure

Days after Cuba suffered one of its worst electrical blackouts due in part to the U.S. energy blockade of the island, two tankers carrying Russian energy products appear to be heading to the island. At the same time, Russia’s Foreign Ministry issued a new statement saying it will “provide Cuba with the necessary support, including material support.” The energy crisis on the island has been growing since the United States intervened in Venezuela and stopped its energy exports to Cuba....

Tugs & Salvage

French Navy Marine Suffers Serious Gunshot Wound Aboard Rescue Tug

Government

Coastguardsmen reposition a displaced buoy. The shutdown could affect ATON services, APA warned (USCG file image)

Marine Pilots: Coast Guard Funding Lapse Brings Safety Risks

Events in the Strait of Hormuz have put new demands on the attention of U.S. maritime services, enough to obscure a pressing issue closer to home: the U.S. Coast Guard is still operating in "shutdown" mode because of an ongoing fight in Congress over the Department of Homeland Security's annual funding bill. For enlisted coastguardsmen and other essential personnel, a shutdown does not mean a furlough; servicemembers must keep working throughout, even though they do not get paid on a...

Corporate News

DP World Reports Record $24.4BN Revenue and $6.4BN EBITDA for 2025

[By: DP World] DP World today announced record financial results for 2025, with revenue up 22% to $24.4 billion, and adjusted EBITDA up 18% to $6.4 billion (margin 26.3%), driven by strong performance across Ports & Terminals and Logistics. Total Group gross throughput increased 5.8% to 93.4 million twenty-foot equivalent units (TEU). Profits for the year increased 32.2% to $1.96 billion, reflecting operating leverage and disciplined cost management. Operating cash flow rose 14% to $6.3 billion. Commenting on the results,...

Cruise Ships

World’s Largest Sail Yacht Cruise Ship Sets New Mark on Trials

The sail-powered cruise ship Orient Express Corinthian recently completed its propulsion tests, and builder Chantiers de l’Atlantique reports the ship achieved a speed first for a sailing ship of its size. The ship is preparing for its delivery and entry into service in May 2026 as Accor Group launches its first cruise offering. The Orient Express Corinthian is a 25,200 gross ton cruise ship that will have 54 suites with a capacity for 110 passengers. The ship measures 220 meters...

Ports

Could Earlier Warning Systems be the Answer to Risk Reduction in Terminals?

The container terminal is one of the most complex operational environments on earth. Running around the clock, 365 days a year, with little room for downtime or disruption. It is also one of the most exposed to risk. Security breaches. Hazardous goods handling. Occupational safety. Cargo spoilage. These are everyday realities that operators must carefully manage, yet many of the processes involved remain reactive. Continuous reefer monitoring to become the norm Container terminals occupy an interesting position in the supply...

Shipping

Tankers Appear Cuba Bound as Russia Vows Support Against External Pressure

Tugs & Salvage

French Navy Marine Suffers Serious Gunshot Wound Aboard Rescue Tug

Government

Marine Pilots: Coast Guard Funding Lapse Brings Safety Risks

Corporate News

DP World Reports Record $24.4BN Revenue and $6.4BN EBITDA for 2025

Cruise Ships

World’s Largest Sail Yacht Cruise Ship Sets New Mark on Trials

Ports

Could Earlier Warning Systems be the Answer to Risk Reduction in Terminals?

Offshore

In the Know Podcast 77: Aaron Smith, President and CEO of OMSA

For the latest edition of In the Know, The Maritime Executive's podcast series, editor-in-chief Tony Munoz spoke with OMSA President and CEO Aaron Smith about the importance of Jones Act shipping in the offshore sector. OMSA - the Offshore Marine Service Association - is the voice of the U.S. offshore-vessel industry, and its primary mission is to protect the Jones Act's benefits for American mariners and shipowners. Smith, the organization's longtime leader, joins the podcast to talk about how loopholes...

Shipbuilding

Report: Japan and U.S. to Announce $100M Shipbuilding R&D Project Using AI

Environment

Study: Ocean Warming Puts "Constant Negative Pressure" on Fish Populations

A new meta-study published in Nature Ecology & Evolution suggests that ocean warming has an outsize impact on the total amount of fish in the water, enough to have major implications for global fisheries. The study, led by researchers at Spain's Museo Nacional de Ciencias Naturales, looked at hundreds of thousands of studies of fish populations in the Northern Hemisphere over a period of nearly 30 years, spanning 1993-2021. The vast data set covered more than 1,500 fish species and...

Business

Hormuz Shutdown Drives Up Bunker Prices, With Broad Effects on Shipping

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U.S. Hits Iran's Antiship Missile Sites in the Strait of Hormuz

French Navy Marine Suffers Serious Gunshot Wound Aboard Rescue Tug

Report: Japan and U.S. to Announce $100M Shipbuilding R&D Project Using AI

Hormuz Shutdown Drives Up Bunker Prices, With Broad Effects on Shipping

Mediterranean States Call on EU to Coordinate Response to Drifting Wreck

Tankers Appear Cuba Bound as Russia Vows Support Against External Pressure

French Navy Marine Suffers Serious Gunshot Wound Aboard Rescue Tug

Marine Pilots: Coast Guard Funding Lapse Brings Safety Risks

DP World Reports Record $24.4BN Revenue and $6.4BN EBITDA for 2025

World’s Largest Sail Yacht Cruise Ship Sets New Mark on Trials

Could Earlier Warning Systems be the Answer to Risk Reduction in Terminals?

Port Everglades: A Diversified Cargo Gateway Built for Performance

One Net Unifies Four Maritime Tech Brands Under One Umbrella

Could Earlier Warning Systems be the Answer to Risk Reduction in Terminals?

Tankers Appear Cuba Bound as Russia Vows Support Against External Pressure

French Navy Marine Suffers Serious Gunshot Wound Aboard Rescue Tug

Marine Pilots: Coast Guard Funding Lapse Brings Safety Risks

DP World Reports Record $24.4BN Revenue and $6.4BN EBITDA for 2025

World’s Largest Sail Yacht Cruise Ship Sets New Mark on Trials

Could Earlier Warning Systems be the Answer to Risk Reduction in Terminals?

In the Know Podcast 77: Aaron Smith, President and CEO of OMSA

Report: Japan and U.S. to Announce $100M Shipbuilding R&D Project Using AI

Study: Ocean Warming Puts "Constant Negative Pressure" on Fish Populations

Hormuz Shutdown Drives Up Bunker Prices, With Broad Effects on Shipping

Maritime Industry Conferences and Events

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Maritime Industry Conferences and Events