Tuesday, March 17, 2026
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offshore wind farm

Report: Trump Administration Offers $1B to Cancel Two Offshore Wind Leases

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Flight deck aboard USS Ford, March 6 (USN)

Report: USS Ford's Laundry Room Fire Left 600 Crewmembers Without Berthing

Published Mar 16, 2026 10:52 PM by The Maritime Executive

The recent fire aboard the supercarrier USS Gerald R. Ford was more significant than initially reported, sailors and officials have told the New York Times. It started as a laundry room fire, as accurately described in official statements, but did not stop there. Defense officials told veteran national security reporter Helene Cooper that the blaze spread through vent ducts and swept through the berthing areas for more than 600 people, about one-eighth of the total crew complement aboard. The Washington...

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Eni

Eni Announces New Gas Find at Bahr Essalam, Expanding its Libyan Reserves

Published Mar 16, 2026 9:58 PM by The Maritime Executive

On Monday, Italian oil major Eni announced the discovery of two big gas finds off the coast of Libya, which will expand the supply available to European and Libyan customers. The two new reservoirs - Bahr Essalam South 2 and 3 - are located about 45 nautical miles off the Libyan coast in about 650 feet of water. They are part of the Metlaoui Formation, like other successful finds nearby. Eni assesses that they are of a high quality and...

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USNS Amelia Earhart arriving Korea for maintenance

Korea’s HJ Shipyard to Buy Yard from HD Hyundai to Target US Navy Work

Published Mar 16, 2026 7:34 PM by The Maritime Executive

South Korea’s HJ Heavy Industries is set to increase its capacities dramatically with the acquisition of a large yard from HD Hyundai Heavy Industries. According to reports in the Korean media, one of the strategies is to expand the company’s maintenance and repair work with the U.S. Navy. The largest shareholder of HJ, Ecoprime Marine Pacific, which in turn is part of Dongbu Engineering & Construction, entered into an agreement with HD Hyundai that calls for the acquisition of the...

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U.S. and allied warships under way for a NATO exercise in the Baltic, 2025 (USN file image)

Despite U.S. Demands, NATO Reluctant to Join Hormuz Mission

Published Mar 16, 2026 7:30 PM by The Maritime Executive

President Donald Trump has threatened NATO allies with a "very bad" future if they do not join in a proposed Strait of Hormuz naval escort mission, but so far there appear to be few takers. Having been excluded from the decision to go to war, and faced with the prospect of a complex fight in confined waters, some of Europe's leading powers are saying "no" in blunt terms; others are signaling that they will give the matter careful consideration, without...

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Offshore

OMSA

In the Know Podcast 77: Aaron Smith, President and CEO of OMSA

For the latest edition of In the Know, The Maritime Executive's podcast series, editor-in-chief Tony Munoz spoke with OMSA President and CEO Aaron Smith about the importance of Jones Act shipping in the offshore sector. OMSA - the Offshore Marine Service Association - is the voice of the U.S. offshore-vessel industry, and its primary mission is to protect the Jones Act's benefits for American mariners and shipowners. Smith, the organization's longtime leader, joins the podcast to talk about how loopholes...

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Shipbuilding

USNS Amelia Earhart arriving Korea for maintenance

Korea’s HJ Shipyard to Buy Yard from HD Hyundai to Target US Navy Work

South Korea’s HJ Heavy Industries is set to increase its capacities dramatically with the acquisition of a large yard from HD Hyundai Heavy Industries. According to reports in the Korean media, one of the strategies is to expand the company’s maintenance and repair work with the U.S. Navy. The largest shareholder of HJ, Ecoprime Marine Pacific, which in turn is part of Dongbu Engineering & Construction, entered into an agreement with HD Hyundai that calls for the acquisition of the...

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Environment

Trawlers

Study: Ocean Warming Puts "Constant Negative Pressure" on Fish Populations

A new meta-study published in Nature Ecology & Evolution suggests that ocean warming has an outsize impact on the total amount of fish in the water, enough to have major implications for global fisheries. The study, led by researchers at Spain's Museo Nacional de Ciencias Naturales, looked at hundreds of thousands of studies of fish populations in the Northern Hemisphere over a period of nearly 30 years, spanning 1993-2021. The vast data set covered more than 1,500 fish species and...

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Business

Greensand

Lack of Infrastructure Risks Undermining the Promise of Carbon Capture

Shipping is rapidly approaching the International Maritime Organization’s (IMO) 2030 checkpoints, by which the maritime industry must demonstrate at least a 20% total annual GHG emission reduction – measured against 2008 baselines – as established in the IMO’s 2023 Revised GHG Strategy. As 2030 approaches, supported by more stringent regulatory frameworks, shipping has experienced an acceleration in the development of innovative clean technologies for the reduction of GHG emissions. Prominent among these new solutions is the development and implementation of...

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