The Maritime Executive
Articles posted by the international team of staff writers at The Maritime Executive.
VLCC Rates Hit New Sky-High Record: $424,000 Per Day
Rates for VLCCs were already high before the U.S.-Israeli strike on Iran last weekend, but three days after hostilities began, cha...
Xeneta: Ocean Carriers Unlikely to Return to Red Sea in 2026
The conflict between the U.S., Israel and Iran may well put off any real hope of a return to Red Sea container ship traffic for th...
Search Underway for Missing Seafarers After Tug Sinks off South Africa
Two merchant ships and a fishing boat are working alongside the South African Maritime Safety Authority (SAMSA) as the search cont...
Norwegian Cruise Admits Misstep as it Issues Disappointing Outlook
Norwegian Cruise Line Holdings reported its fourth quarter and year-end financial results, and while it met or exceeded expectatio...
Iran Denies Involvement in Strike On Saudi Arabia's Ras Tanura Refinery
Saudi Arabia has shut down processing at its gigantic Ras Tanura installation, part of the world's largest oil port, after a repor...
Satellite Imaging Reveals Drone Strike Damage at US Navy Base in Bahrain
Damage to the U.S. Navy's 5th Fleet base at Bahrain appears to be more significant than initially estimated, according to new sate...
France Arrests Greenpeace Protestors Blocking Arrival of Cargo Ship
Activists from the group Greenpeace France took to kayaks and Zodiacs on Monday morning, March 2, while others chained themselves...
Jebel Ali Port Resumes Operations as Most Regional Ports Remain Operational
After widespread reports of a possible missile strike and a fire at the Jebel Ali Port in Dubai, operations resumed on Monday. Mos...
Iran Threatens to Set Ships "On Fire" in Strait of Hormuz
Iran's senior leadership has announced a full shutdown of the Strait of Hormuz and threatened to "set on fire" any vessels passing...
U.S.-Flagged Stena Tanker Hit by Iranian Missiles During Attack on Bahrain
A tanker supplying fuel to the U.S. military was damaged early on Monday morning, March 2, as Iran continued its retaliatory strik...