Tuesday, April 14, 2026
Media Kit
The sanctioned, Chinese-owned tanker Rich Starry transited the strait during the blockade, but turned around before reaching the enforcement zone (Pole Star Global)

U.S. Claims Success in First 24 Hours of Iranian Shipping Blockade

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RNLI

MAIB: Lost Trawler's Crew Couldn't Isolate Source of Flooding

Published Apr 13, 2026 10:05 PM by The Maritime Executive

The UK’s Marine Accident Investigation Branch (MAIB) is yet again putting the spotlight on safety standards in the fishing industry after publishing the investigation report on the flooding, capsizing and foundering of a fishing trawler in Scottish waters in 2024. The prawn trawler Freedom II suffered engine room flooding at a position about 11 nautical miles southwest of Oban, Scotland, on February 21, 2024. The four crewmembers could not correctly identify the source of the flooding, and they had to...

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Aponte family

Gianluigi Aponte Transfers World's Largest Container Line to His Children

Published Apr 13, 2026 9:31 PM by The Maritime Executive

Gianluigi Aponte, the founder and chairman of number-one container line MSC, has transferred the ownership of his company over to his daughter Alexa and his son Diego. MSC confirmed Monday that Gianluigi Aponte passed ownership of the company to his children at the end of last year. They both have extensive experience in the industry: Alexa is now the MSC Group's CFO, and Diego serves as the company's president. “With Diego and Alexa, I am confident the group will continue...

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Contrecouer

Construction Starts on Port of Montreal's Long-Delayed Container Terminal

Published Apr 13, 2026 9:31 PM by The Maritime Executive

Canada has finally started the construction on the new Contrecoeur container terminal at the Port of Montreal. The megaproject, which was first proposed nearly 40 years ago and has been the subject of delays and controversies, is expected to expand the capacity of the port by approximately 60 percent, making it the largest Atlantic coast port expansion in the country's history. The project will add up to 1.15 million TEU in annual container handling capacity, effectively eliminating capacity constraints that...

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Damage to the tanker Al-Salmi after an Iranian attack, March 2026 (KPC)

IMF Warns Against Fuel Hoarding as Reality of Oil Supply Cut Sets In

Published Apr 13, 2026 7:49 PM by The Maritime Executive

Following news of a collapse in talks between the U.S. and Iran last weekend and the launch of a new U.S. Navy blockade at the Strait of Hormuz, oil markets are adapting to the prospect of a longer period of supply constraints. Benchmark Brent prices for June delivery remain below $100 per barrel, but the volume of physical barrels has not changed - and the last of the tankers that made it out of the Gulf before hostilities began will...

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Offshore

Chinese offshore wind farm

China Commissions Wind Farm At Its Deepest Offshore Position

Chinese officials highlighted the commissioning of its newest offshore wind farm, which is also setting a record for the country’s deepest fixed-bottom wind turbines and is located far out to sea. They highlighted the complex geology and challenges of extreme sea conditions in developing and operating the 504 MW wind farm, the Huaneng Shandong Peninsula North L Site. The wind farm was developed by the state-owned China Huaneng Group and will be managed and operated by the Yantai Power Plant....

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Shipbuilding

battery electric cruise ship concept

Meyer Werft Presents “Vision” for a Battery-Electric Cruise Ship

The German shipbuilder Meyer Werft, well known for its innovation in cruise ship design and construction, is presenting a new concept for the world’s first 100 percent battery-electric cruise ship with a size of more than 80,000 gross tons, which it aptly named Project “Vision.” It reports that the concept study demonstrates how sustainable innovations can redefine the future of the cruise industry while emphasizing the technology concepts that already exist to make a large, battery-electric cruise ship a reality....

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Environment

Carbon carrier vessels for CCS storage

Buildout Continues of Emerging Category of CO2 Carriers for CCS

A new segment of shipping, purpose-built CO2 carriers designed to support the emerging efforts at carbon capture and storage (CCS), continues to grow. The first of the commercial operations is beginning, and the sector is driving the development of the ships. Northern Lights, a partnership between Equinor, Shell, and TotalEnergies was the first to enter the segment, starting commercial operations in 2025. It was designed with an initial capacity of 1.5 million tonnes per year and has already announced plans...

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Business

Aponte family

Gianluigi Aponte Transfers World's Largest Container Line to His Children

Gianluigi Aponte, the founder and chairman of number-one container line MSC, has transferred the ownership of his company over to his daughter Alexa and his son Diego. MSC confirmed Monday that Gianluigi Aponte passed ownership of the company to his children at the end of last year. They both have extensive experience in the industry: Alexa is now the MSC Group's CFO, and Diego serves as the company's president. “With Diego and Alexa, I am confident the group will continue...

Continue Reading...