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ASRY Celebrates Its 200th Offshore Rig Project Milestone

ASRY Celebrates Its 200th Offshore Rig Project Milestone

By The Maritime Executive
June 7, 2026
[By: Arab Shipbuilding and Repair Yard Company] The Arab Shipbuilding and Repair Yard Company (ASRY) celebrated the completion of its 200th offshore rig project, marking the successful delivery of...
Treasury Blacklists Six More LPG Carriers for Moving Iranian Gas

Treasury Blacklists Six More LPG Carriers for Moving Iranian Gas

By The Maritime Executive
June 7, 2026
On Friday, the U.S. Office of Foreign Assets Control put sanctions on six more Iran-linked LPG carriers, adding to the long list of blacklisted vessels with connections to Iran's petroleum industry. ...
Kinahan Cartel Linked to Iran’s IRGC Dark Fleet Operations

Kinahan Cartel Linked to Iran’s IRGC Dark Fleet Operations

By The Maritime Executive
June 7, 2026
  Reports in the UK's Sunday Times are linking the seizure of an OFAC-sanctioned VLCC tanker, the Majestic X (IMO 9198317), to the Kinahan drugs cartel and Iranian oil trading. The tanker was se...
Report: Preventable PSC Detentions are Increasing Across the Fleet

Report: Preventable PSC Detentions are Increasing Across the Fleet

By The Maritime Executive
June 6, 2026
Port state control detentions have risen by about 70 percent over the past five years, even though the number of inspections has stayed flat, according to a new paper published by Survitec during Posi...
Ghana’s New Drydock Project Progresses After Successful Financing Round

Ghana’s New Drydock Project Progresses After Successful Financing Round

By The Maritime Executive
June 6, 2026
Ship diversions around Cape of Good Hope have seen vessel traffic growth along the West African coastline. Additionally, recent expansion of deepwater drilling operations by big oil companies is a dev...
Economic Fury Tightens Stranglehold on Iranian Dark Fleet

Economic Fury Tightens Stranglehold on Iranian Dark Fleet

By The Maritime Executive
June 6, 2026
  On June 2, the US Treasury's Office of Foreign Assets Control (OFAC) tightened its controls on Iranian dark-fleet activities by designating Iran's leading crypto trader, Nobitex, and the three ne...
Braving the Dangers in the Strait of Hormuz

Braving the Dangers in the Strait of Hormuz

By The Maritime Executive
June 6, 2026
  For several days, US forces have responded to a number of IRGC attacks in the Strait of Hormuz area by launching counterattacks of their own. This series of tit-for-tat strikes appears to have be...
GenFlat Completes 1st Production of Patented Collapsible Shipping Container

GenFlat Completes 1st Production of Patented Collapsible Shipping Container

By The Maritime Executive
June 6, 2026
[By: GenFlat Holdings, Inc.] GenFlat Holdings, Inc. (OTCQB: GFLT) (“GenFlat”), a pioneer in sustainable collapsible container technology, today announced the successful completion of its first comm...
PortMiami’s Director Ousted as County Seeks Fisher Island Fuel Terminal

PortMiami’s Director Ousted as County Seeks Fisher Island Fuel Terminal

By The Maritime Executive
June 5, 2026
A messy two-year land battle that drew national attention to PortMiami and Miami-Dade County took a new turn as the county’s mayor ousted key officials and announced they would proceed with an emine...
Tanker Awaiting Scrapping Stuck in Limbo by US Sanctions

Tanker Awaiting Scrapping Stuck in Limbo by US Sanctions

By The Maritime Executive
June 5, 2026
The Bangladeshi scrappers community and the cash buyers are dealing with what they termed a “highly unusual incident” after one of the ships that was in the process of changing hands for scrapping w...

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