Saturday, June 06, 2026
Media Kit
drone explosion Constanta Romania

Ukraine Blames Jamming as Drone Strays into Romanian Port and Explodes

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Miami, Florida

PortMiami’s Director Ousted as County Seeks Fisher Island Fuel Terminal

Published Jun 5, 2026 6:15 PM by The Maritime Executive

A messy two-year land battle that drew national attention to PortMiami and Miami-Dade County took a new turn as the county’s mayor ousted key officials and announced they would proceed with an eminent domain action. At stake is the fuel depot that supplies PortMiami’s ships. The situation began in 2024 when a small, approximately 10-acre parcel of land on the tony Fisher Island that sits to the east of the port in Miami Bay went up for sale. Once the...

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scrap yard

Tanker Awaiting Scrapping Stuck in Limbo by US Sanctions

Published Jun 5, 2026 5:56 PM by The Maritime Executive

The Bangladeshi scrappers community and the cash buyers are dealing with what they termed a “highly unusual incident” after one of the ships that was in the process of changing hands for scrapping was suddenly included by the U.S. State Department on the sanctions list. The buyers point out that it creates a legal and commercial uncertainty as they are barred from trading in the vessel. The product tanker named Maymei was listed as sold for scrap as of May...

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Brisbane Australia

ATSB: Delayed Emergency Assistance a Factor in Breakaway Ships During Storm

Published Jun 5, 2026 5:13 PM by The Maritime Executive

Delay in providing emergency assistance is emerging as a major contributing factor in which three containerships and a vehicle carrier broke away from their berths during a severe storm at the Port of Brisbane in November 2025, according to an interim report by the Australian Transport Safety Bureau (ATSB). ATSB released its interim report on the serious incidents involving the containerships Volans, Wide India, and MSC Barbara, and car carrier Viking Passama that occurred on the afternoon of November 24,...

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Ukraine targeting cargo ship attack

Five Azerbaijani Seafarers Killed as Ukraine Attacks Cargo Ships

Published Jun 5, 2026 4:38 PM by The Maritime Executive

Five Azerbaijani seafarers were killed, and between three and six more were injured, in a series of attacks on commercial shipping in the region around the Sea of Azov shortly after midnight on June 5. Ukrainian officials confirmed that they had struck five ships they accused of operating as part of the Russian shadow fleet without acknowledging those killed and injured. The Armed Forces of Ukraine asserted that the vessels they targeted were sailing with their names painted out and...

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Offshore

FLNG to be built for Louisiana

FID Go-Ahead for First US Floating LNG Plant and World’s Largest FLNG

Delfin Midstream and its investor group have reached a financial investment decision to proceed with Delfin FLNG 1, which will become the first floating LNG project in the United States and the largest FLNG project globally. To be positioned off the coast of Louisiana, the project is expected to have an initial export capacity of 4.4 million tonnes of LNG per year. It is the first stage of a proposed project that would have a total capacity of 13.2 MTPA...

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Shipbuilding

GPHA

Ghana’s New Drydock Project Progresses After Successful Financing Round

Ship diversions around Cape of Good Hope have seen vessel traffic growth along the West African coastline. Additionally, recent expansion of deepwater drilling operations by big oil companies is a development indicator for the offshore industry in West Africa. With these opportunities, the region is emerging as a global destination for ship repair and maintenance. In fact, several West Africa governments are ramping up plans to expand ship repair infrastructure. The latest milestone is from Ghana, with Takoradi Floating Dock...

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Environment

LCO2 carbon capture and transport

Northern Lights Proceeds with Fleet Expansion with MISC and K Line

The first commercial cross-border carbon transport and storage program, Norway’s Northern Lights, is moving forward with its announced fleet expansion as it completed a second charter agreement with MISC Group and K Line (Kawasaki Kisen Kaisha). This follows the January 2026 announcement that the company would add four more vessels and the recent delivery of its newest ship to Bernhard Schulte Shipmanagement. Northern Lights was started in 2021 as a joint venture between Equinor, Shell, and TotalEnergies in support of...

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Business

Kpler

Kpler Secures $1 Billion Investment From Sixth Street

Kpler, a top shipping data and analysis vendor, has secured an equity investment of $1 billion from San Francisco investment house Sixth Street. The deal values Kpler at nearly $4 billion - a stunning amount for a maritime-centric tech firm, and a reflection of the value that traders and shipping stakeholders place on data-driven insights. The deal allows current Kpler management to maintain majority ownership of the business. A previous investor, Five Arrows, will be exiting its investment as part...

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