Wednesday, March 25, 2026
Media Kit
RFA Cardigan Bay

UK and France Forming Multinational Effort for Strait of Hormuz

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containers dangling from cargo ship stuck under railway bridge

Video: German Authorities Respond to Inland Vessel Wedged Under a Bridge

Published Mar 25, 2026 3:39 PM by The Maritime Executive

The fire department in the western city of Neuss, Germany, near Düsseldorf, responded to a callout on Tuesday morning, March 24, that said an inland cargo ship had become wedged under one of the city’s bridges. Arriving at the scene, the first responders confirmed the report, finding the vessel stuck after several containers had gone overboard and others were teetering. The unidentified vessel was sailing on the Rhine River transporting containers and had several cars aboard. It struck one of...

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Port of Hamburg

Survey: Shipowner Sentiment Has Refocused on Managing Uncertainty

Published Mar 25, 2026 3:12 PM by The Maritime Executive

Shipowners are waiting for clarity on the future of decarbonization, according to the results of a new executive survey from Wärtsilä. The uncertain outlooks for IMO regulations, green fuel availability and different technology pathways present challenges for business decisionmakers, the maritime technology group found, and owner sentiment on green fuel investment is less bullish on average than it may have been in years past. In the survey, about half of respondents said that they want more simplified and streamlined global...

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Iranian dhow

Somali Pirates Hijack Iranian Dhow and Could Be Targeting Ships Warns MSCIO

Published Mar 25, 2026 12:30 PM by The Maritime Executive

The European monitoring operation for security in the Indian Ocean and near Somalia is investigating what it terms a probable pirate action group. It warned on March 25 that an Iranian dhow was reported hijacked and said it was “highly likely” being used as a mothership. The incident took place approximately 400 nautical miles to the east of Mogadishu, highlighting the increased range of the pirate groups. MSCIO (Maritime Security Centre Indian Ocean) is “strongly advising” all vessels to avoid...

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Press handout courtesy Klaveness Combination Carriers

Sea Cargo Charter Calls on Owners to Stay the Course on Decarbonization

Published Mar 24, 2026 11:19 PM by The Maritime Executive

The leaders of a prominent pro-decarbonization industry platform are asking shipowners to stay the course on the green transition, despite the unpredictable mood in the international regulatory environment. Owners have reason for pause when it comes to speaking up about reducing CO2. The U.S. is attempting to remove carbon incentives from the IMO's Net-Zero Framework, putting the agreement's future in doubt. Energy prices are soaring amidst geopolitical uncertainty, drawing the industry's attention away from green-fuel goals. But the chair and...

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Offshore

DS-17

Equinor Begins Drilling At Raia, Its Largest International Project Ever

Equinor has begun drilling on its largest international project ever, the $9 billion Raia development off the coast of Rio de Janiero. The gas field complex contains at least one billion barrels of oil equivalent, and should be able to supply about 15 percent of Brazil's daily demand for natural gas. Raia sits in the prolific Campos Basin region, and includes three gas discoveries in the pre-salt layer (so-called for its location, trapped underneath a thick salt crust in ancient...

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Shipbuilding

humanoid welding robot

HD Hyundai Moving Forward with Humanoid Welding Robot for Shipyards

HD Hyundai has been working on several projects to develop technology that would support the use of humanoid robots to undertake precision tasks at its shipyard. The company announced on March 23 that it had completed a positive evaluation and is now moving to the next phase of the project. The parent company said HD Kore Shipbuilding & Offshore Engineering, the intermediary holding company for its shipyards, will be partnering with HD Hyundai Robotics and a U.S.-based industrial humanoid robotics...

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Environment

Teeside industrial region UK

Carbon Storage Developers Complete Applications in UK’s Second CCS Round

The UK’s North Sea Transition Authority received bids for more than two million acres of seabed in its second carbon storage licensing round. Bidding closed on March 24 after having opened in December 2025 and follows the first four licenses, which were awarded in 2023, which have already begun efforts testing the injection process. A total of 21 licenses were awarded in the first round. The authority had reported strong initial interest before beginning the solicitation, and it now says...

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Business

Balboa Panama

Hutchison Expands Arbitration Claims Beyond $2B Against Panama

The ongoing battle between CK Hutchison’s Panama Ports Company and the government of Panama has reportedly been “escalated beyond $2 billion,” the company announced in its latest volley in the back-and-forth between the two sides. It reportedly expanded the international arbitration with an additional filing on March 24. PPC continues to call Panama’s actions an “unlawful takeover” of the terminals at the ports of Balboa and Cristóbal. It filed the arbitration claim in February with the International Chamber of Commerce...

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