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Jeff Bezos is Reported to be Selling the World's Largest Sailing Yacht

Jeff Bezos is Reported to be Selling the World's Largest Sailing Yacht

By The Maritime Executive
May 5, 2026
  Gossip column Page Six has obtained confirmation that Amazon founder Jeff Bezos is selling is megayacht, the $500 million sailing vessel Koru. The reason, according to the outlet's sources, is th...
Work Begins at Philly Shipyard on Next Two Matson Containerships

Work Begins at Philly Shipyard on Next Two Matson Containerships

By The Maritime Executive
May 5, 2026
Matson and Hanwha Philly Shipyard marked construction milestones for the second and third new Aloha Class containerships being built at the yard. Along with the first ship, which started assembly in...
After Attack on CMA CGM Boxship, Trump Suspends Hormuz Transit Corridor

After Attack on CMA CGM Boxship, Trump Suspends Hormuz Transit Corridor

By The Maritime Executive
May 5, 2026
On Tuesday, a cargo vessel was struck by a projectile in the Strait of Hormuz, according to UKMTO - the latest in a series of ship strikes that Iran has launched following the initiation of a U.S.-led...
Iran Launches "Persian Gulf Strait Authority" to Administer Hormuz Tolls

Iran Launches "Persian Gulf Strait Authority" to Administer Hormuz Tolls

By The Maritime Executive
May 5, 2026
  After Iran announced its plan to charge for safe passage through the Strait of Hormuz in March, a plethora of scam operators popped up to offer fraudulent paperwork in exchange for payment in cry...
Indonesia Says Iranian Tankers Have Legal Right of Passage in Lombok Strait

Indonesia Says Iranian Tankers Have Legal Right of Passage in Lombok Strait

By The Maritime Executive
May 5, 2026
Indonesian officials said they are aware of the reports that Iranian crude oil tankers are transiting the Lombok Strait and cited the right of free passage. The statements came after reports by Tank...
IACS Finds Common Failure Modes in Emergency Generator Systems

IACS Finds Common Failure Modes in Emergency Generator Systems

By The Maritime Executive
May 5, 2026
  After the loss of power leading up to the MV Dali / Francis Scott Key Bridge strike, marine casualty investigators noted an extended delay in the automatic startup of the ship's emergency generat...
Sang Yi Leaves MARAD to Become President and CEO of Port Trade Group AAPA

Sang Yi Leaves MARAD to Become President and CEO of Port Trade Group AAPA

By The Maritime Executive
May 5, 2026
  Sang Yi, a naval reserve officer with a merchant mariner’s license who had been at the leadership of the U.S. Maritime Administration (MARAD) for the past 11 months, was named, effective immediat...
Everllence Main Engines Bound for BC Ferries Newbuilds

Everllence Main Engines Bound for BC Ferries Newbuilds

By The Maritime Executive
May 5, 2026
[By: Everllence] British Columbia Ferry Services Inc. (BC Ferries) has selected four shipsets of 2 × 6L32/44CR + 2 × 8L32/44CR main engines in connection with the construction of four double-ended...
Cruise Ship to Sail to Canary Islands After Medical Evacuation of Ill Crew

Cruise Ship to Sail to Canary Islands After Medical Evacuation of Ill Crew

By The Maritime Executive
May 5, 2026
  The situation with the expedition cruise ship Hondius continues to unfold as the World Health Organization (WHO) and multiple local authorities coordinate to address the ongoing viral outbreak ab...
The IRGC's Positions on Larak Overlook the "Tehran Tollbooth" Route

The IRGC's Positions on Larak Overlook the "Tehran Tollbooth" Route

By The Maritime Executive
May 5, 2026
  Larak Island, to the south of and covering the approaches to Iran’s largest port at Bandar Abbas, has achieved some notoriety in recent weeks as the island which Iran’s IRGC says merchant traffic...

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