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U.S. Container Volumes had Normalized Before Iran Despite Uncertainties

U.S. Container Volumes had Normalized Before Iran Despite Uncertainties

By The Maritime Executive
March 11, 2026
  Reports indicate the U.S. import container volume was down significantly in February 2026, but despite the uncertainties in trade, the view was that the volumes were beginning to normalize. Desca...
IEA Approves Record Oil Reserve Release, Keeping a Lid on Prices

IEA Approves Record Oil Reserve Release, Keeping a Lid on Prices

By The Maritime Executive
March 11, 2026
  On Wednesday, IEA members approved a record-setting coordinated release of 400 million barrels from global reserves, helping to keep an expected increase in Brent crude prices to just five percen...
India Detains Tanker and Charges Captain After Fishing Boat Collision

India Detains Tanker and Charges Captain After Fishing Boat Collision

By The Maritime Executive
March 11, 2026
  Indian authorities launched an enforcement action against the captain of a tanker and his vessel after it hit and sank a fishing boat on the southwest coast of India. The authorities are citing n...
Coast Guard Icebreaker USCGC Polar Star Completes Antarctic Mission

Coast Guard Icebreaker USCGC Polar Star Completes Antarctic Mission

By The Maritime Executive
March 11, 2026
  The U.S. Coast Guard cutter USCGC Polar Star, America's only operational heavy icebreaker, has successfully completed her annual mission to break out the cargo pier at McMurdo Sound. McMurdo is t...
COSCO Cancels Container Service at Balboa in Panama

COSCO Cancels Container Service at Balboa in Panama

By The Maritime Executive
March 11, 2026
  China’s state-owned shipping company COSCO Shipping Lines informed customers in a memorandum dated March 10 that it has suspended all services at the Port of Balboa, Panama, at the Pacific termin...
UK Finds Fault in Planning and Medical Care on Cruise Ship in Severe Storm

UK Finds Fault in Planning and Medical Care on Cruise Ship in Severe Storm

By The Maritime Executive
March 11, 2026
The UK’s Marine Accident Investigation Branch issued its report on a 2023 incident aboard the cruise ship Spirit of Discovery in which many passengers were injured, including one who later died, as...
Second "Big Beautiful" Offshore Lease Sale Draws Fewer Big Spenders

Second "Big Beautiful" Offshore Lease Sale Draws Fewer Big Spenders

By The Maritime Executive
March 11, 2026
The U.S. Department of the Interior has completed the second offshore oil and gas auction of its revised lease plan, and the outcome was quieter this time. The auction generated $47 million in high...
Australia Bans Chinese Bulker for Nonpayment of Crew Wages

Australia Bans Chinese Bulker for Nonpayment of Crew Wages

By The Maritime Executive
March 11, 2026
The Australian Maritime Safety Authority has issued its first ban in 15 months, prohibiting a vessel from entry into the country’s ports. It was imposed on a Chinese bulker in what AMSA is calling a...
OOCL Giant Loses Boxes Overboard in Northern Pacific

OOCL Giant Loses Boxes Overboard in Northern Pacific

By The Maritime Executive
March 11, 2026
Orient Overseas Container Line (OOCL) reports that one of its ultra-large container vessels has suffered a significant container incident in the Northern Pacific as it was traveling toward the Unite...
U.S. Warns of Impending Strikes on Iran's Seaports After Iran Hits Salalah

U.S. Warns of Impending Strikes on Iran's Seaports After Iran Hits Salalah

By The Maritime Executive
March 11, 2026
  On Wednesday, U.S. Central Command warned civilian personnel to stay clear of Iran's commercial seaports along the Strait of Hormuz, indicating the likely onset of a bombing campaign. CENTCOM acc...

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