Sunday, February 22, 2026
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Boracay

Russia's Shadowy Oil Export Network Shows Signs of Central Coordination

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Landing Craft Heavy Australia

Austal Finalizes Large Contract to Build Australia’s Landing Craft Heavy

Published Feb 20, 2026 7:48 PM by The Maritime Executive

Austal Defence Shipbuilding Australia highlighted the announcement by the government’s Deputy Prime Minister and Minister for Defence, Richard Marles, and Minister for Defence Industry, Pat Conroy, as the finalization of a large contract to build the country’s new Landing Craft Heavy (LCH) vessels. It was expecting to sign the contract, valued at approximately A$4 billion (US$2.8 billion), later on Friday while highlighting it was the second major contract for the company under its Strategic Shipbuilding Agreement (SSA) with Australia. The...

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Mexico drug seizure

Mexico Seizes Nearly 10 Tonnes of Drugs and Three Semi-Submersibles

Published Feb 20, 2026 7:13 PM by The Maritime Executive

The Mexican authorities are highlighting their successful efforts in interdicting the flow of drugs along the country’s coast bound for the United States. On Thursday, the Mexican Navy (Semar) reported the third capture of a Low Profile Vessel, commonly known as a semi-submersible, stopped in recent weeks. Mexico’s efforts come as the United States has increased pressure on the drug cartels and demanded more action from its neighbors. Donald Trump has said the U.S. would act if the countries did...

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Royal Navy survey ship Enterprise

UK Sells Decommissioned Survey Ship HMS Enterprise to Bangladesh

Published Feb 20, 2026 6:40 PM by The Maritime Executive

A decommissioned Royal Navy survey ship, HMS Enterprise, that redefined hydrographic and oceanographic operations across the globe for two decades, is set to have a new lease of life after being sold to the Bangladesh Navy. The United Kingdom government announced earlier this month that, after being laid up for three years following her decommissioning in March 2023, the HMS Enterprise will return to service after being acquired by the Bangladesh Navy for an undisclosed amount. The vessel is expected...

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cargo ship arriving Antarctica

Cargo Resupply Mission to U.S. Antarctic Station Completed

Published Feb 20, 2026 5:32 PM by The Maritime Executive

Military Sealift Command Pacific reports the 2026 cargo resupply mission for U.S. Antarctica operations has been completed. They note that MSC has been sending chartered cargo ships each year to the McMurdo Station since the operation was established in 1955. The cargo portion of this year’s operation was carried out with the Dutch heavylift vessel Plantijngracht (19,330 dwt) operated by Spliethoff. The vessel departed Port Hueneme, California, in early January after loading this year’s cargo shipments. The Plantijngracht arrived in...

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Offshore

offshore wind farm

DOJ Files Appeal on Court Blocking Trump’s Moratorium on Wind Energy

The U.S. Department of Justice’s Environment & Natural Resources Division filed notice with the district court in Massachusetts for an appeal on the court ruling blocking Donald Trump’s Executive Order from January 2025 establishing a moratorium on permitting, leasing, and other authorizations for wind energy projects. It is the latest step in the Trump administration's continuing battle against renewable wind energy. The filing came 45 days after District Judge Patti B. Saris had ruled in December 2025, calling the Executive...

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Shipbuilding

Landing Craft Heavy Australia

Austal Finalizes Large Contract to Build Australia’s Landing Craft Heavy

Austal Defence Shipbuilding Australia highlighted the announcement by the government’s Deputy Prime Minister and Minister for Defence, Richard Marles, and Minister for Defence Industry, Pat Conroy, as the finalization of a large contract to build the country’s new Landing Craft Heavy (LCH) vessels. It was expecting to sign the contract, valued at approximately A$4 billion (US$2.8 billion), later on Friday while highlighting it was the second major contract for the company under its Strategic Shipbuilding Agreement (SSA) with Australia. The...

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Environment

Ship

Navigating the Deadlock: Accelleron’s Daniel Bischofberger on Green Fuels

Accelleron, a leading provider of turbocharging, fuel injection, and digital solutions for marine engines and ships, recently released a study on the multifaceted, multi-industry challenges slowing shipping's transition to carbon-neutral fuels. TME recently spoke with CEO Daniel Bischofberger about the current state of marine decarbonization, regional developments in Asia-Pacific, and the path forward for the industry. Can you describe the current state of shipping's transition to carbon-neutral fuels? The ships are ready, but the fuel is not. The technology exists...

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Business

AP Moller Capital has previously invested in grain terminals in Morocco, among other projects (AP Moller Capital press handout photo)

A.P Moller Capital Invests $240 million in Morocco’s Transport Sector

A.P Moller Capital’s Morocco Fund has raised $243 million, which the company intends to invest in the country’s transport and logistics infrastructure. The fund, managed by APM Capital Morocco, the local subsidiary of A.P Moller Capital, attracted significant interest from Moroccan and foreign institutional investors. For instance, the fund secured a $65 million commitment from the Emerging Markets Infrastructure Fund II (EMIF II), a Danish Fund managed by A.P Moller Capital. In the past few years, the fund has established...

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