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U.S. Hits Iran's Antiship Missile Sites in the Strait of Hormuz

U.S. Hits Iran's Antiship Missile Sites in the Strait of Hormuz

  U.S. Central Command announced Tuesday that it has bombed Iranian antiship cruise missile sites near the Strait of Hormuz, an attempt to reduce risk to merchant ships and naval vessels in the nar...

DP World Reports Record $24.4BN Revenue and $6.4BN EBITDA for 2025

DP World Reports Record $24.4BN Revenue and $6.4BN EBITDA for 2025

[By: DP World] DP World today announced record financial results for 2025, with revenue up 22% to $24.4 billion, and adjusted EBITDA up 18% to $6.4 billion (margin 26.3%), driven by strong performa...

Bureau Veritas Certifies Everllence’s PrimeServ Assist Digital Monitoring

Bureau Veritas Certifies Everllence’s PrimeServ Assist Digital Monitoring

[By: Everllence] Everllence has been awarded Smartship Software Type Approval Certification (TAC) and Smart Service Supplier recognition by Bureau Veritas Marine & Offshore (BV) for its PrimeSe...

Report: Japan and U.S. to Announce $100M Shipbuilding R&D Project Using AI

Report: Japan and U.S. to Announce $100M Shipbuilding R&D Project Using AI

Reports from the Japanese media on Tuesday indicated that Japan’s Prime Minister will announce a new $100 million investment project to develop AI-driven technologies in part to aid the U.S. shipbui...

Hormuz Shutdown Drives Up Bunker Prices, With Broad Effects on Shipping

Hormuz Shutdown Drives Up Bunker Prices, With Broad Effects on Shipping

  Bunker prices around the world have soared in response to the crisis in the Mideast, as the shutdown of the Strait of Hormuz has disrupted oil supplies to the most important refining and bunkerin...

Mediterranean States Call on EU to Coordinate Response to Drifting Wreck

Mediterranean States Call on EU to Coordinate Response to Drifting Wreck

The wreck of the Russian-flagged gas carrier Arctic Metagaz continues to drift in the Mediterranean, driven by the winds and currents. Member states of the European Union, a subgroup of nine Europea...

What Does the Mideast Crisis Mean for Ports and Cargo Owners?

What Does the Mideast Crisis Mean for Ports and Cargo Owners?

  The war with Iran has reached critical levels with an increase in direct attacks on commercial container vessels. As of March 11 2026, three container vessels had been hit by “unknown projectiles...

Four Killed as Japanese Cargo Ship Hits Commercial Fishing Vessel

Four Killed as Japanese Cargo Ship Hits Commercial Fishing Vessel

Japan is reporting another incident in which a fishing vessel was struck by an inter-island cargo vessel in the busy sea lanes around the islands. In the latest incident, four people were killed, an...

Dutch Catch Smugglers Throwing Drugs into the North Sea from Containership

Dutch Catch Smugglers Throwing Drugs into the North Sea from Containership

A drug intervention team in the Netherlands reports it was able to catch smugglers “red-handed” aboard the ocean-going vessel tossing narcotics overboard into the North Sea. The operation took place...

In the Know Podcast 77: Aaron Smith, President and CEO of OMSA

In the Know Podcast 77: Aaron Smith, President and CEO of OMSA

For the latest edition of In the Know, The Maritime Executive's podcast series, editor-in-chief Tony Munoz spoke with OMSA President and CEO Aaron Smith about the importance of Jones Act shipping in t...