Tuesday, March 10, 2026
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Safaniya

Report: Saudi Aramco Shuts Down Two Supergiant Offshore Oil Fields

Published Mar 9, 2026 8:46 PM by The Maritime Executive

Saudi Arabia has joined Kuwait and Iraq in beginning the process of drawing down oil production, a response to the closure of the Strait of Hormuz and a shortage of storage options. The Wall Street Journal has confirmed that Saudi Aramco has shut down the Safaniya and Zuluf fields, taking two million barrels per day of production offline. Safaniya is the world's largest offshore oil field, containing more than 30 billion barrels of oil in proven reserves, and Saudi Aramco...

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Sihanoukville

Cambodia's Blue Economy Problem

Published Mar 9, 2026 7:01 PM by The Lowy Interpreter

[By Nory Ly] Cambodia isn’t typically thought of as a coastal nation. But its shoreline of 435?kilometers alongside the Gulf of Thailand comes with 55,600?km² of exclusive economic zone (EEZ), making maritime security to support fisheries, ports, tourism and potential energy resources a crucial feature of the country’s future prosperity. Yet Cambodia remains geographically disadvantaged, lacking full high-seas access and naval capacity. Without greater attention to its blue economy and maritime governance, Cambodia risks missing jobs and revenue, and exposing...

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French flagship Charles de Gaulle (Marine Nationale)

France Commits to 10-Ship Naval Deployment to Secure Mideast Shipping

Published Mar 9, 2026 5:20 PM by The Maritime Executive

France has decided to dispatch a substantial naval force to the Mideast to protect merchant shipping, President Emmanuel Macron said Monday. It is the second major commitment Macron has announced towards controlling the economic impact of the U.S.-Iran conflict, following his earlier statement that the G7 would tap its strategic oil reserves. In an "unprecedented" international mobilization, France will dispatch 10 ships to key regions vital to European shipping interests: the Strait of Hormuz, the Red Sea, and the Eastern...

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The operator of the port of Piraeus is majority-owned by China COSCO (Apaleutos25 / CC BY SA 4.0)

China Splits Port Investments Between High- and Low-Income Countries

Published Mar 9, 2026 4:24 PM by The Maritime Executive

The protracted port dispute in Panama involving the Chinese operator CK Hutchison has revealed how strategic harbors could act as a flashpoint in global power competition. In a world where geopolitical tensions continue to rise, control over critical ports is being seen as a means to assert sea power - particularly when it comes to Chinese control. Last week, AidData, a research lab at the College of William and Mary, released a new dataset capturing the unprecedented rise of Chinese...

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MORE STORIES BY CATEGORY

Offshore

Safaniya

Report: Saudi Aramco Shuts Down Two Supergiant Offshore Oil Fields

Saudi Arabia has joined Kuwait and Iraq in beginning the process of drawing down oil production, a response to the closure of the Strait of Hormuz and a shortage of storage options. The Wall Street Journal has confirmed that Saudi Aramco has shut down the Safaniya and Zuluf fields, taking two million barrels per day of production offline. Safaniya is the world's largest offshore oil field, containing more than 30 billion barrels of oil in proven reserves, and Saudi Aramco...

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Shipbuilding

State of Maine training ship

Third US Training Ship State of Maine Delivered to MARAD

The third newly built U.S. training ship for the merchant marine, the State of Maine, was handed over to TOTE Services and delivered to the U.S. Maritime Administration. It will be the fifth training vessel, and the first purpose-built vessel, to be operated by the Maine Maritime Academy, located in Castine, Maine. The handover to the U.S. government took place at the Hanwha Philly Shipyard, and the vessel is scheduled to depart for Maine in the coming days. Once it...

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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

iStock

Building Resilient, Low-Carbon Supply Chains With ITS

Sustainability and resilience in shipping are not the result of a single decision. They come from daily practice, informed choices and the systems that help people make them. Other transport sectors already use connected digital networks to support safe and efficient movement. Maritime has begun to digitalise, but it has not yet built the joined up systems that allow data, infrastructure and operations to work together. Without that connection, the industry struggles to respond to growing pressure. Ports and shipping...

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