Thursday, April 02, 2026
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VesselFinder / Henk Jungerius

U.S. Treasury Lifts Sanctions on Three Russian Vessels

Published Apr 1, 2026 9:26 PM by The Maritime Executive

The U.S. Treasury has lifted sanctions on three Russian cargo ships that were on its blacklist for links to the ongoing invasion of Ukraine. The vessels in question are the container feeders Fesco Magadan and Fesco Moneron - both owned by a division of sanctioned shipping company PJSC DSMP - and the freighter SV Nikolay, linked to sanctioned shipowner Alfa-Leasing LLC. Treasury did not provide a reason for the removal of the vessels from the sanctions list, which is a...

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KPA

Africa Searches for a Common Position in IMO Decarbonization Negotiations

Published Apr 1, 2026 9:03 PM by The Maritime Executive

As the IMO enters a new cycle of negotiations for the global shipping decarbonization rules, the African Union (AU) is pushing for a common voice for its member states. Historically, African states have taken a fragmented approach in their negotiations at the IMO (International Maritime Organization). For instance, several African countries have submitted diverse positions for the upcoming ISWG- GHG 21 (Intersessional working Group on Reduction of GHG Emissions from Ships). Kenya has expressed support for the Net Zero Framework...

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US LNG export terminal at Sabine Pass

QatarEnergy’s U.S. LNG Plant Achieves First Production at Critical Time

Published Apr 1, 2026 8:04 PM by The Maritime Executive

Just as the world is looking for alternative sources of LNG, Golden Pass LNG in Texas reported it has achieved first production. The project, which has been in planning and development for 15 years, is set to start export shipments in the second quarter, coming online to help fill some of the shortfall from Qatar and the Middle East. The United States is already setting records for LNG shipments and has been rivaling Qatar for the title of the largest...

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HMS Lancaster

Royal Navy's Top Officer Needs Four Years to Restore Readiness

Published Apr 1, 2026 7:12 PM by The Maritime Executive

The Royal Navy's top officer believes that the service may not be fully ready for war until the 2030s, given the current state of the service and the results of a recent defense review. "I would say that we can conduct advanced operations right now, and if we were told to go to war, of course, we would. That is my military duty," First Sea Lord Gen. Sir Gwyn Jenkins told Sweden's Svenska Dagbladet. "But are we as ready as...

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Offshore

US LNG export terminal at Sabine Pass

QatarEnergy’s U.S. LNG Plant Achieves First Production at Critical Time

Just as the world is looking for alternative sources of LNG, Golden Pass LNG in Texas reported it has achieved first production. The project, which has been in planning and development for 15 years, is set to start export shipments in the second quarter, coming online to help fill some of the shortfall from Qatar and the Middle East. The United States is already setting records for LNG shipments and has been rivaling Qatar for the title of the largest...

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Shipbuilding

Bath Iron works destroyer

Strike Ends at Bath Iron Works After One Week

The members of the Bath Marine Draftsmen’s Association ratified a new contract on Saturday, March 28, ending a strike at Bath Iron Works that had begun on the prior Monday. It was the first strike in six years at the critical government contractor and impacted about a tenth of the total workforce, specifically among designers, clerks, and technicians. The union reported that it had been negotiating for about three weeks and was unable to come to terms with one of...

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Environment

hydrogen-fueled multi-purpose vessel

Japan Demonstrates Hydrogen-Fueled Engine for Large Commercial Vessels

Japan reports a breakthrough with the demonstration of a large hydrogen-fueled engine being developed by Japan Engine Corporation, working with Kawasaki Heavy Industries, for a demonstration project for an ocean-going vessel. It points out that most work so far with hydrogen is on smaller engines for coastal vessels, making this a major technological milestone toward the practical use of hydrogen-fueled vessels. While interest has developed in hydrogen, to date, the Japanese project points out that most of the initiatives are...

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Business

shipyard

MARAD Increases Funding for Grants for Small Shipyards

The Maritime Administration (MARAD) reported that it is increasing the funding pool available for the 2026 grants in the Small Shipyard Grant Program. It follows the launch of the 2026 Port Infrastructure Development Program application period last week and is part of the Trump administration's strategy to increase support for the U.S. maritime industry. Transportation Secretary Sean Duffy highlights that the grant pool for small shipyards is being increased by 200 percent to $35 million versus June 2025, when just...

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