Tuesday, April 21, 2026
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offshore wind farm

U.S. is Negotiating to Cancel More Offshore Wind Leases

Published Apr 21, 2026 5:25 PM by The Maritime Executive

Executives at the French company Engie confirmed today that they are in discussions with U.S. officials about possibly canceling their offshore wind farm leases. Last month, the administration agreed to reimburse TotalEnergies for its offshore wind leases and hinted it might use the same technique with others, although advocates and lawmakers are questioning the legal authority. The Trump administration said in March that it had agreed to reimburse TotalEnergies nearly $1 billion it had paid to acquire a large lease...

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HII

To Speed Up Warship Deliveries, HII Leans Into Distributed Shipbuilding

Published Apr 21, 2026 5:03 PM by The Maritime Executive

At this year's Sea-Air-Space conference in Maryland, Huntington Ingalls Industries announced a step change in its operations: it is outsourcing more and more of its work to partner companies in a "distributed shipbuilding" construction model. At this point, it is buying blocks and components from 25 different sites across 11 states, underwriting about 1,000 jobs and 2.5 million man-hours of labor. All of the U.S. Navy's newbuild construction programs are behind schedule, due to a combination of workforce shortages and...

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ships in Strait of Hormuz

Report: Scammers Are Offering Ships Safe Hormuz Passage for Crypto Payments

Published Apr 21, 2026 3:41 PM by The Maritime Executive

As the Strait of Hormuz opens and closes along with the political winds, a new warning is going out to ships to be cautious of emails offering safe passage in exchange for crypto payments. Although Iranian officials had outlined the payment plan, Greek security consultancy Marisks warned yesterday, April 20, that scammers are getting in on the act. In a safety briefing seen by Reuters, Marisks reports it has reviewed emails being sent out offering safe passage in exchange for...

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Decarbonization

Decarbonization as a Path to Independence

Published Apr 21, 2026 3:06 PM by Mikael Lind, Wolfgang Lehmacher and Jeremy Bentham

Decarbonization in logistics has already proven itself as a practical way to run complex systems with greater control and less waste. In chemical logistics, critical for energy supply, digital collaboration has shown that shared situational awareness, synchronized planning, and coordinated execution can cut emissions without sacrificing safety, efficiency, or regulatory compliance, by stripping out idle time, avoiding unnecessary movements, and systematically improving the carbon performance of intricate supply chains. What recent developments in the Strait of Hormuz make clear, however,...

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Offshore

offshore wind farm

U.S. is Negotiating to Cancel More Offshore Wind Leases

Executives at the French company Engie confirmed today that they are in discussions with U.S. officials about possibly canceling their offshore wind farm leases. Last month, the administration agreed to reimburse TotalEnergies for its offshore wind leases and hinted it might use the same technique with others, although advocates and lawmakers are questioning the legal authority. The Trump administration said in March that it had agreed to reimburse TotalEnergies nearly $1 billion it had paid to acquire a large lease...

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Shipbuilding

cruise ship construction

Fincantieri Floats Largest Cruise Ship to Date for Norwegian Cruise Line

The buildout of the cruise sector continued at Fincantieri in Italy with the recent floatout of the Norwegian Aura, which is due to enter service in 2027. The fifth ship of the Project Leonardo design developed by Fincantieri, the ship is 10 percent larger than the second pairing of the class and 20 percent larger than the first two ships. The float-out took place on April 16 at the shipyard in Monfalcone, Italy, marking the first time a cruise ship...

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Environment

Calcasieu pass

Riding the LNG Wave

The age of global LNG is upon us. In the latter half of 2025, the global supply increased nearly seven percent. This came largely from North America, which frankly has LNG down to a science. It's abundant here. We know how to extract it in an environmentally conscious manner, and we have the infrastructure to process, store and move it. New U.S. LNG projects reaching final investment decisions in 2025 included Louisiana LNG, Corpus Christi Trains 8 & 9, CP2...

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Business

A VLCC in ballast arrives at Port of Corpus Christi (file image courtesy Port of Corpus Christi)

"Energy Dominance" In Action

The crisis in the Middle East and in particular the effective closure of the Strait of Hormuz has upended global oil markets. Both crude oil and refined products are now in short supply. Refiners around the world are desperate to get their hands on alternative sources of crude oil, almost at any price. However, the options are limited and dwindling. The volume of Russian and Iranian oil in floating storage is shrinking fast since the U.S. has lifted some of...

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