Thursday, October 15, 2026
Media Kit
An attack drone detonates during an attempted strike on a Russian offshore supply vessel, Sochi, Sept. 3 (Russian social media)

UK-Made Drone Boat Was Used in Strike on Russian Supply Ship

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GPA

Port of Savannah Gets Army Corps Permit for New 3.5M TEU Container Terminal

Published Oct 15, 2026 5:32 PM by The Maritime Executive

Georgia Port Authority has secured the U.S. Army Corps of Engineers' approval for a massive new container terminal at the Port of Savannah, completing a three-year-long review process. The new terminal will be built on Hutchison Island on 350 acres, and will have a capacity of 3.5 million TEU. The extra room will allow Savannah to continue a decade-long growth boom, which started with the inauguration of the New Panama Canal and "all-water" routes from Asia to the U.S. East...

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tanker aground

Storm Drives Another War Damaged Tanker Ashore in Turkey

Published Oct 15, 2026 4:31 PM by The Maritime Executive

Turkish officials are responding to the second grounding this week of a tanker during strong storms that have moved across the region. Both of the vessels are war casualties struck by Ukraine during the Black Sea offensive and brought to Turkey. The Liberian-flagged tanker Banda was driven ashore near Sariyer, in the northern sections of Istanbul along the Black Sea. The Turkish Coast Guard reports it responded to the vessel, which lost control due to the strong winds and rough...

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DF Peak

French Authorities Arrest Master of Stateless Tanker off Réunion

Published Oct 15, 2026 3:55 PM by The Maritime Executive

A shadow fleet tanker seized by French forces in the Indian Ocean is now anchored in waters off Réunion, the French prefecture east of Madagascar, and its master has been arrested. The sanctioned tanker DF Peak departed waters near Trinidad and Tobago in mid-September and got under way on a long eastward journey across the Atlantic. After rounding the Cape of Good Hope, DF Peak was operating about 450 nautical miles south of Réunion when the Marine Nationale intercepted it....

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warship escorting containership in the Red Sea

Report: French Frigate Downed Drone Threatening CMA CGM Ship in Red Sea

Published Oct 15, 2026 3:45 PM by The Maritime Executive

A French frigate reportedly decided to down a drone that it believed was threatening a CMA CGM containership as it was entering the Red Sea. The French newspaper Le Monde reported the incident, saying it took place on October 1 near the Bab el-Mandeb passage at the southern end of the Red Sea. Le Monde reports it received confirmation of the incident from the French armed forces general staff. The French Navy has been maintaining a presence and helping to...

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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

port terminal

A.P. Moller Capital Expands Port Investment with Acquisition of Portek

A.P. Moller Capital, the investment management arm of the A.P. Moller Group, is continuing to build its portfolio of port and logistics investments. In its latest move, the investment manager, which has approximately $2 billion in assets under management, announced it has agreed to acquire Singapore-based Portek International from Mitsui & Co. Portek is a cargo port terminal operator and engineering business with interests in seven port terminals across Africa, Asia and Europe. Founded in 1988, Portek operates a geographically...

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