Sunday, February 08, 2026
Media Kit
listing containership

Thai Navy Rescues Crew from Sinking Regional Boxship

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icebreaker Voima

Finland’s Plans to Replace World’s Oldest Operating Icebreaker

Published Feb 6, 2026 7:00 PM by The Maritime Executive

Finland is making progress on a project to replace the world’s oldest working icebreaker. They announced the progress, reporting that the project has settled on the design concept for a new vessel that can operate in the typical ice and open water conditions of the Bothnian Sea and the Gulf of Finland. The Finnish Transport Infrastructure Agency (FTIA) has settled on the design for the new icebreaker that will replace the 70-year-old Voima, which was built in 1954 and holds...

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Lyon France terminal

CMA CGM Reveals Plan for Electric Container Barge Service on Rhône River

Published Feb 6, 2026 6:30 PM by The Maritime Executive

Shipping giant CMA CGM Group revealed that it is pursuing a plan to launch an electric river container barge on the Rhône River. The company is working in partnership with several organizations to launch the service, reporting that it will be able to transport nearly 12,000 TEU annually and represents an 80 percent reduction in CO2 emissions versus the trucks that currently move containers on the A7 motorway. Plans call for launching the barge service within two years, using a...

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cruise ship rendering

Strength of Cruise Market Spurs New Niche Startups

Published Feb 6, 2026 5:43 PM by The Maritime Executive

The continuing strong demand for cruise vacations and the positive outlook are once again attracting new players into the market and driving the formation of niche offerings. The COVID-19 pandemic and the economics of operating cruise ships largely drove small players from the market, but the strength of the industry is once again creating interest for new companies. Much of the focus on 2026 will be on the entry of the luxury hotel brands into the market. Ritz-Carlton started the...

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Turkish Coast Guard Command

Turkish Fishermen Find Unexploded Drone in Waters Near Istanbul

Published Feb 6, 2026 3:48 PM by The Maritime Executive

The Turkish Coast Guard Command confirmed it was investigating the latest incident of an unexploded drone found in its waters. Earlier in Russia’s war with Ukraine, the concern had been errant mines, but more recently, Turkey is reporting a series of incidents with drones that have either crashed into its region or been spotted floating in the waters of the Black Sea. The latest incident happened midday on Thursday, February 5, when a group of Turkish fishermen reported finding an...

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Offshore

offshore wind farm

Massachusetts Looks to Nova Scotia to Supply Offshore Wind Energy

Faced with the need for more electrical power and a desire to expand renewable energy, Massachusetts is looking toward the import of renewable energy from neighboring Nova Scotia. The first-of-its-kind agreement would present a novel solution to meeting the needs while also addressing the opposition of the Trump administration to the development of offshore wind energy generation. Massachusetts is a strong supporter of the offshore wind energy industry, with some of the first large projects in the United States. It...

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Shipbuilding

Vigor

French Private Equity Firm Buys Vigor Industrial

French private equity firm Antin Infrastructure Partners has reached an agreement to buy the American shipyard company Vigor Marine Group, bringing new foreign ownership to a key ship repair partner for the U.S. Navy and Coast Guard. Vigor, previously owned by Lone Star Funds, has expanded through serial acquisitions in recent years. It now includes five yards on the West and East Coasts near key fleet concentration areas: Seattle, Portland and Vancouver, within reach of the constellation of bases in...

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Environment

LCO2 transport

Northern Lights has Deals With Shipping Lines to Double CO2 Transport Fleet

The Norwegian CO2 storage initiative, which became the first commercial operation for carbon capture and storage, announced a new deal that will double the company’s fleet by 2029. This comes just months after the company completed its first injection of liquid CO2 for permanent storage. Northern Lights, which is a joint venture between Equinor, TotalEnergies, and Shell, reports it has struck a new charter deal with major shipping companies, including existing partner Kawasaki Kisen Kaisha (“K” Line), while adding MISC...

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Business

Maersk containership

Maersk Predicts Difficult Times for Industry After a Strong Performance

Maersk, long considered a bellwether of the container shipping industry and broader global economy, presented a bleak near-term outlook as it reported 2025 financial results. The company pointed to the continued uncertainties in global trade as well as a growing overcapacity in container shipping, which it foresees contributing to further declines in freight rates and its earnings outlook. While posting a strong overall performance in 2025, which included nearly five percent volume growth for ocean shipping and terminals that achieved...

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