Tuesday, February 24, 2026
Media Kit
Tankers in Cuba

Report: Product Tanker with Russian Fuel Appears Bound for Cuba

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PSV vessel offshore

Tidewater to Expand in Brazil with Acquisition of OSVs from Wilson Sons

Published Feb 23, 2026 7:02 PM by The Maritime Executive

Tidewater is making a major move to expand its presence in the Brazilian offshore oil and gas market while highlighting the strong growth opportunities in the market. It announced an agreement with Brazilian-based Wilson Sons to acquire 22 PSVs with Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services. The deal values the business segment with an enterprise value of approximately $500 million, including the assumption of approximately $261 million in debt. The 22 vessels are 14 PSV...

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Zim

Zim's Union Makes Push to Block Hapag-Lloyd's Buyout Offer

Published Feb 23, 2026 6:28 PM by The Maritime Executive

As the architects of the Hapag-Lloyd-Zim merger make their case to the Israeli government, Zim's union is making every effort to bring the deal to a halt, even blocking the company's chairman from entering the firm's facilities. According to Israeli outlet Calcalist, Zim union employees picketed outside of the firm's sites in Ashdod, Holon and Haifa, and the union's leadership stated that chairman Yair Seroussi would be prevented from entering. Seroussi spearheaded negotiations on the sale of the firm to...

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barge

Salvors Prepare to Refloat Grounded Barge at San Juan Harbor Entrance

Published Feb 23, 2026 5:34 PM by The Maritime Executive

The U.S. Coast Guard has approved a salvage plan for the wreck of the fuel barge Defiant, which ran aground at the base of the historic El Morro fortress at San Juan's harbor entrance on February 9. Defiant drifted onto a rocky breakwater in a severe storm, and was battered by waves for days, resulting in hull damage. Conditions have since calmed, allowing salvors to board and make preparations for refloating the vessel. Contracted crews have sealed off and tested...

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automated berthing operation

Chinese Ship Completes First Autonomous Docking and Cargo Handling

Published Feb 23, 2026 4:46 PM by The Maritime Executive

Four years after having put what it said was the world’s first autonomous, electric container feeder ship into commercial service, Chinese officials report the ship successfully completed an autonomous docking procedure. It was the first time the vessel named Zhi Fei completed the autonomous docking procedure, with Chinese officials saying it improves efficiency and reduces the time and manpower needed for berthing. The Zei Fei is a 300 TEU container feeder ship that entered commercial service in April 2022. It...

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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

Seatrium Singapore shipyard

Seatrium Consolidating Business by Divesting Non-Core Assets

Singapore-based Seatrium is highlighting a series of recent transaction agreements, all designed to consolidate its business and produce operating cost savings from the sale of non-core assets. It highlights that it has already created US$40 million in savings while noting that it has earmarked additional non-core assets for investment. Seatrium was formed by the 2023 merger of Sembcorp Marine and Keppel Offshore & Marine. “These divestments represent an acceleration in Seatrium’s asset portfolio optimization strategy, optimizing the group’s cost structure,...

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