Monday, February 23, 2026
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Boracay

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

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Core power

UK Consortium Proposes Floating Nuclear Plant for U.S. Military

Published Feb 22, 2026 6:49 PM by The Maritime Executive

An international consortium headed up by a British firm is pitching a proposal to the Pentagon to build a ship-borne nuclear power station, to be docked at a naval facility. The concept seeks to exploit the nuclear regulatory environment enjoyed by the department, which has extensive experience of using small nuclear reactors afloat and well-established protocols which would enable a deployment far faster than civilian nuclear power plants can be built in most countries. The Pentagon has an interest in...

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A Ukrainian drone closes in on a border patrol boat near Sevastopol (Ukrainian General Staff)

Ukrainian Drones Hit Russian Patrol Boats and Maritime Patrol Aircraft

Published Feb 22, 2026 5:18 PM by The Maritime Executive

On Saturday, Ukraine's armed forces renewed their campaign of drone strikes on the naval harbor at Sevastopol, hitting two patrol ships - and proving that the port remains high-risk for Russian assets. In a statement, Ukraine's general staff said that its drone forces hit two border guard ships moored near the town of Inkerman in Crimea, at the easternmost end of Sevastopol Bay. The vessels damaged were Project 22460 Rubin-class fast patrol boats, a vessel class previously targeted in the...

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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

Published Feb 22, 2026 1:27 PM by The Maritime Executive

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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Shipbreaking yards at Alang (NASA file image)

Op-Ed: IMO Guidelines Are Quietly Weakening the Basel Convention

Published Feb 22, 2026 11:54 AM by Prof. Dr. Ishtiaque Ahmed

International law depends on a basic understanding that obligations accepted by states cannot be set aside by administrative preference. Treaties are binding because states have consented to be bound, and that consent cannot be diluted through voluntary guidance adopted by a different institution. Yet in the regulation of ship recycling, this principle is being tested in a way that should concern anyone who takes treaty law seriously. The issue arises from the growing reliance on non-binding instruments adopted within the...

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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

Amazon watch

Barge Defaced at Cargill Terminal in Protests Over Amazon River Dredging

Indigenous protesters and environmental activists in Brazil are showing resolve in their push to stop government projects which they believe will destroy Amazonian rivers and the rainforest, with U.S grain-trading giant Cargill caught in the middle of the controversy. On February 19, about 400 activists in four boats intercepted a grain barge that was docked at Cargill’s terminal in Santarém. The protesters approached the barge on the urban stretch of the river while it was docked at the terminal, with...

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