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Traders Weigh Iran's Internal Politics to Figure Out Which Bets to Place

By The Maritime Executive

March 3, 2026

Oil and gas traders, as well as ship charterers, are faced with an open question as the impact of the crisis in the Gulf region deepens. If the crisis ends quickly, those with short positions in fu...

Chinese and Russian Satellite Feeds Aid Iranian War Effort

By The Maritime Executive

March 3, 2026

At the height of the Houthis’ war on shipping in the Red Sea and Gulf of Aden, it was apparent that under IRGC tutelage, the Houthis made use of an integrated surveillance network to back up thei...

VLCC Rates Hit New Sky-High Record: $424,000 Per Day

By The Maritime Executive

March 2, 2026

Rates for VLCCs were already high before the U.S.-Israeli strike on Iran last weekend, but three days after hostilities began, charterers are shattering records. On Monday, spot rates for VLCC to...

Xeneta: Ocean Carriers Unlikely to Return to Red Sea in 2026

By The Maritime Executive

March 2, 2026

The conflict between the U.S., Israel and Iran may well put off any real hope of a return to Red Sea container ship traffic for the rest of this year, according to Xeneta chief analyst Peter Sand...

Search Underway for Missing Seafarers After Tug Sinks off South Africa

By The Maritime Executive

March 2, 2026

Two merchant ships and a fishing boat are working alongside the South African Maritime Safety Authority (SAMSA) as the search continues for missing crewmembers from a tug that went down overnight...

Norwegian Cruise Admits Misstep as it Issues Disappointing Outlook

By The Maritime Executive

March 2, 2026

Norwegian Cruise Line Holdings reported its fourth quarter and year-end financial results, and while it met or exceeded expectations, it disappointed with its outlook for 2026. Admitting “missteps”...

Iran Denies Involvement in Strike On Saudi Arabia's Ras Tanura Refinery

By The Maritime Executive

March 2, 2026

Saudi Arabia has shut down processing at its gigantic Ras Tanura installation, part of the world's largest oil port, after a reported Iranian drone attack inflicted serious damage. For the first...

Satellite Imaging Reveals Drone Strike Damage at US Navy Base in Bahrain

By The Maritime Executive

March 2, 2026

Damage to the U.S. Navy's 5th Fleet base at Bahrain appears to be more significant than initially estimated, according to new satellite imaging analysis by the New York Times' visual investigatio...

France Arrests Greenpeace Protestors Blocking Arrival of Cargo Ship

By The Maritime Executive

March 2, 2026

Activists from the group Greenpeace France took to kayaks and Zodiacs on Monday morning, March 2, while others chained themselves to a lock gate in Dunkirk to block the arrival of a cargo ship th...

Jebel Ali Port Resumes Operations as Most Regional Ports Remain Operational

By The Maritime Executive

March 2, 2026

After widespread reports of a possible missile strike and a fire at the Jebel Ali Port in Dubai, operations resumed on Monday. Most ports across the Middle East report operations are continuing d...

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