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Iraq Detains Liberian-Flagged Tanker in Oil Smuggling Crackdown at Basra

Iraq Detains Liberian-Flagged Tanker in Oil Smuggling Crackdown at Basra

By The Maritime Executive
August 6, 2025
  The Iraqi Navy has launched a crackdown on possible oil smuggling and other illegal activities by tankers in the country’s waters. They have reportedly detained at least one tanker after it faile...
Sanctions and Oil Price Pressures Build on Russian Revenues

Sanctions and Oil Price Pressures Build on Russian Revenues

By The Maritime Executive
August 5, 2025
  Russia is facing multiple threats to its ability to finance its war on Ukraine, with pressures about to become much worse. For the first time since Russia invaded Ukraine for the second time in F...
Open Hatch Likely Caused Sinking of 122-Foot Yacht in Chesapeake Bay

Open Hatch Likely Caused Sinking of 122-Foot Yacht in Chesapeake Bay

By The Maritime Executive
August 5, 2025
  A pair of partially-open aft hatches likely caused the flooding and sinking of the yacht Lovebug on the Chesapeake Bay last year, according to the NTSB.  On the afternoon of July 27, 2024, the...
Consortium Selected by NEDO to Develop SCC Probability Evaluation Tools

Consortium Selected by NEDO to Develop SCC Probability Evaluation Tools

By The Maritime Executive
August 5, 2025
[By: ClassNK] ClassNK announced that a consortium it formed with IHI Corporation, JFE Steel Corporation, Tohoku University, and Institute of Science Tokyo was selected by New Energy and Industrial...
Russian Oligarch's Megayacht to be Auctioned Off

Russian Oligarch's Megayacht to be Auctioned Off

By The Maritime Executive
August 5, 2025
  The U.S. government has reached the end of the long process to forfeit and auction off the seized Russian megayacht Amadea, which was captured by the FBI in Fiji and sailed back to San Diego in c...
EU Approves €11 Billion French Program to Aid Offshore Wind Energy

EU Approves €11 Billion French Program to Aid Offshore Wind Energy

By The Maritime Executive
August 5, 2025
  The European Commission approved a €11 billion (US$12.7 billion) French program designed to support offshore wind energy and accelerate the transition to clean energy. While the EU has strict rules...
China Reports Fast Response to Containership Fire

China Reports Fast Response to Containership Fire

By The Maritime Executive
August 5, 2025
China’s Ministry of Transport is highlighting its fast response to reports of a container fire aboard a foreign-flagged ship far out to sea. They are reporting thanks to a well-organized response, t...
UK Funds Demonstration of Ammonia-Fueled High Temperature Engine

UK Funds Demonstration of Ammonia-Fueled High Temperature Engine

By The Maritime Executive
August 5, 2025
  A demonstration project for the development of an ammonia-fueled engine has been selected for the UK's Clean Maritime Demonstration Competition, according to sponsor MOL. The project is led by Ca...
Austal Launches Defense Shipbuilding Australia with Government Nod

Austal Launches Defense Shipbuilding Australia with Government Nod

By The Maritime Executive
August 5, 2025
In what management is calling a “defining moment” for the company, Austal and the Government of Australia have agreed on terms for a Strategic Shipbuilding Agreement. It took nearly two years to rea...
Sanctions Have Not Slowed the Growth of the Shadow Fleet

Sanctions Have Not Slowed the Growth of the Shadow Fleet

By The Maritime Executive
August 5, 2025
  The shadow fleet of sanctions-busting tankers has grown to more than 1,100 vessels and has been adding about one ship a day for the last six months, according to brokers BRS. Fully 18 percent of...

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