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VLCC Day Rates Soar to Rare Heights

VLCC Day Rates Soar to Rare Heights

By The Maritime Executive
February 25, 2026
  Daily charter rates for VLCC tankers on the Middle East to Asia run have reached their highest level since those which prevailed during the COVID pandemic in 2020. LSEG Data & Analytics, quoted b...
ClassNK Grants Second AiP to Minke Marine's New Air Lubrication System

ClassNK Grants Second AiP to Minke Marine's New Air Lubrication System

By The Maritime Executive
February 25, 2026
[By: Minke Marine] US West Coast-based maritime innovator Minke Marine A.L. LLC says it is poised to disrupt the air lubrication sector (ALS) with a new patented design after securing its second cl...
Woolpert & Saildrone to Deploy Surveyor Uncrewed Surface Vehicle for NOAA

Woolpert & Saildrone to Deploy Surveyor Uncrewed Surface Vehicle for NOAA

By The Maritime Executive
February 25, 2026
[By: Saildrone] Woolpert and Saildrone have partnered to acquire and process bathymetric survey data for the National Oceanic and Atmospheric Administration (NOAA)’s Ocean Exploration and Office of...
Kongsberg Maritime Signs MoU with PT PAL to Advance Energy Efficiency

Kongsberg Maritime Signs MoU with PT PAL to Advance Energy Efficiency

By The Maritime Executive
February 25, 2026
[By: Kongsberg Maritime] Kongsberg Maritime today announced the signing of a Memorandum of Understanding (MoU) with PT PAL Indonesia, the country’s largest state?owned shipyard. The signing ceremon...
Case Study: Satcom Giant Inmarsat

Case Study: Satcom Giant Inmarsat

By Paul Benecki
February 25, 2026
  The maritime industry is a conservative business. It tends to favor the established option over the innovative solution. Inmarsat – the original name in maritime satcom – has managed to compete i...
U.S. Offshore Wind Projects Report Progress After Resuming Offshore Work

U.S. Offshore Wind Projects Report Progress After Resuming Offshore Work

By The Maritime Executive
February 25, 2026
Three of the five offshore wind projects under construction in the northeast U.S. have each signaled this week strong progress. It comes after each project received preliminary injunctions against t...
Study: Ocean Warming Puts "Constant Negative Pressure" on Fish Populations

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

By The Maritime Executive
February 25, 2026
  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 f...
U.S. Treasury Sanctions 12 More Shadow Fleet Vessels Linked to Iran

U.S. Treasury Sanctions 12 More Shadow Fleet Vessels Linked to Iran

By The Maritime Executive
February 25, 2026
  On Wednesday, the U.S. Treasury's Office of Foreign Asset Control (OFAC) imposed sanctions on 12 more "shadow fleet" vessels linked to Iranian petroleum exports. It is the latest in a long string...
Chinese Cruise Ship Arrested After Line Suspends Service

Chinese Cruise Ship Arrested After Line Suspends Service

By The Maritime Executive
February 25, 2026
China’s domestic cruise market continues to go through an evolution as it seeks to expand, but it also faces challenges tied to political issues and growing competition. It is experiencing similar c...
An American Energy Company is Preparing to Drill for Oil in Greenland

An American Energy Company is Preparing to Drill for Oil in Greenland

By The Maritime Executive
February 25, 2026
U.S. President Donald Trump has repeatedly called for the annexation of Greenland on national security grounds, noting the increased activity of other powers in the region. Greenland's rich deposits...

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