Friday, February 13, 2026
Media Kit
aircraft carrier USS Gerald R Ford in Straits of Gibraltar

Report: United States is Deploying USS Ford CSG to the Middle East

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SK Shipping very large crude oil tanker

Pan Ocean Moves to Expand Tanker Ops as Korea’s SK Exits Wet Tankers

Published Feb 12, 2026 8:54 PM by The Maritime Executive

The tanker market continues to consolidate as Pan Ocean reported it has agreed to pay approximately $668 million to acquire the tanker segment of SK Shipping. Tankers had provided the historic starting point for SK Shipping in 1982 and continue to be a stable long-term business with strong contracts. Pan Ocean reports it will acquire the segment, which consists of 10 VLCCs. The delivery of the last of the vessels is currently scheduled to be not later than April 2027....

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A Japanese fishery patrol vessel (file image courtesy Japanese Embassy in Palau)

Japan Arrests Chinese Trawler for Refusing a Fishery Inspection

Published Feb 12, 2026 8:36 PM by The Maritime Executive

Japanese authorities have boarded and detained a Chinese fishing boat in the East China Sea, the first time that Japan has conducted an at-sea arrest of a Chinese fishing vessel in years. On Thursday, Japanese fisheries control agents attempted to intercept and board a Chinese trawler at a position about 100 nautical miles south of Goto. The vessel attempted to flee, according to the Fisheries Adjustment Office for Kyushu. It was intercepted and boarded, and the master - identified as...

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Princess Cruises

Pilot Falls into Ocean off Hawaii Attempting to Board Princess Cruise Ship

Published Feb 12, 2026 7:57 PM by The Maritime Executive

Passengers onboard Princess Cruises’ Emerald Princess are reporting a scary event, which, however, had a positive outcome. The pilot coming out to meet the ship fell into the ocean, prompting an emergency Man Overboard call, while fast-acting crewmembers on the pilot boat were able to rescue the individual, apparently not seriously injured. Travel agent and cruise passenger Walter Biscardi Jr. posted the details on his social media and recounted them to People.com. The 113,561 gross ton cruise ship, which is...

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Coast Guard boat

DHS Funding Lapse Appears Almost Certain, and U.S. Coast Guard Will be Hit

Published Feb 12, 2026 6:47 PM by The Maritime Executive

The U.S. Department of Homeland Security - including the U.S. Coast Guard - is expected to officially enter "shutdown" status on Friday night, as Senate Democrats have blocked a key funding package to keep DHS open. The decision to hold up the department's funding stems from Democrats' disagreement with immigration enforcement tactics, particularly the recent shootings in Minneapolis; Senate Democratic leadership demanded extensive changes in federal agents' rules of engagement, and when the Republican majority declined, Democrats voted on party...

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Offshore

Transocean Barents

Transocean Buys Valaris for $6 Billion, Creating New Industry Leader

Offshore drilling company Transocean has struck a deal to acquire competitor Valaris for $6 billion in stock, giving Transocean shareholders a 53 percent stake in the combined company. The transaction creates the largest drilling company in the world, valued at $17 billion. It will operate 33 ultradeepwater drillships, nine semisubs and 31 jackups - 73 rigs in total - across global markets. Transocean CEO and President Keelan Adamson suggested that the combination makes for "a very attractive investment" in offshore...

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Shipbuilding

low-emission RoRo launched in China

Innovative Low-Emission RoRo Launched in China for Airbus and LDA

The first of three innovative cargo RoRos was recently launched in China for LD Armateurs, which will operate the ships for Airbus. The vessels are designed to incorporate the latest technologies, including AI and wind-assisted propulsion, to reduce emissions. LDA ordered the ships in January 2024, highlighting them as the next generation in low-emission shipping. LDA currently operates two ships on a transatlantic route carrying assemblies from the Airbus plant in France to the United States. The largest of 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

DP World

DP World Changes Leadership Responding to Pressure Over Epstein Scandal

Port and logistics powerhouse DP World reported on Friday, February 13, that it is changing its management leadership as pressure grew from the investment community over its long-time chairman and CEO’s ties to convicted sex offender Jeffrey Epstein. The company named one of the leaders of the Dubai financial community as its new chairman while elevating its Group Deputy CEO and Chief Financial Officer to the role of CEO. The company simply stated that the long-time head of the company,...

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