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U.S. Treasury Sanctions 12 More Shadow Fleet Vessels Linked to Iran

U.S. Treasury Sanctions 12 More Shadow Fleet Vessels Linked to Iran

By The Maritime Executive
February 25, 2026
  On Wednesday, the U.S. Treasury's Office of Foreign Asset Control (OFAC) imposed sanctions on 12 more "shadow fleet" vessels linked to Iranian petroleum exports. It is the latest in a long string...
Chinese Cruise Ship Arrested After Line Suspends Service

Chinese Cruise Ship Arrested After Line Suspends Service

By The Maritime Executive
February 25, 2026
China’s domestic cruise market continues to go through an evolution as it seeks to expand, but it also faces challenges tied to political issues and growing competition. It is experiencing similar c...
An American Energy Company is Preparing to Drill for Oil in Greenland

An American Energy Company is Preparing to Drill for Oil in Greenland

By The Maritime Executive
February 25, 2026
U.S. President Donald Trump has repeatedly called for the annexation of Greenland on national security grounds, noting the increased activity of other powers in the region. Greenland's rich deposits...
Greece’s Capital Group Plans Launch of Large, Pure-Play Tanker Company

Greece’s Capital Group Plans Launch of Large, Pure-Play Tanker Company

By The Maritime Executive
February 25, 2026
After starting a large bet on the crude oil tanker segment, Greek shipping tycoon Evangelos Marinakis’ Capital Group is pursuing the launch of a publicly traded, pure-play tanker company that will r...
Four Killed in Firefight Between American Speedboat and Cuban Patrol Boat

Four Killed in Firefight Between American Speedboat and Cuban Patrol Boat

By The Maritime Executive
February 25, 2026
  Cuba's ministry of the interior has reported a firefight between a patrol boat and an American-registered speedboat near the island's northern coastline. Four foreign nationals were killed in the...
ONE Sets Management Transition with Founder CEO Jeremy Nixon Stepping Down

ONE Sets Management Transition with Founder CEO Jeremy Nixon Stepping Down

By The Maritime Executive
February 25, 2026
Ocean Network Express (ONE) announced what it is calling a “planned leadership transition,” which will see founding CEO Jeremy Nixon step down and be replaced by Till Ole Barrelet, along with that new...
Fincantieri Delivers First Ultra-Luxury Yacht Cruise Ship for Four Seasons

Fincantieri Delivers First Ultra-Luxury Yacht Cruise Ship for Four Seasons

By The Maritime Executive
February 25, 2026
The delivery of the ultra-luxury Four Seasons I was completed at Fincantieri’s Ancona shipyard on February 25. The first of two cruise ships on order for the storied hotel and lifestyle brand, it is...
Salvors Successfully Refloat Wrecked Barge at San Juan's Harbor Entrance

Salvors Successfully Refloat Wrecked Barge at San Juan's Harbor Entrance

By The Maritime Executive
February 25, 2026
  Salvors from Donjon-SMIT have successfully refloated and removed the fuel barge that went aground at the entrance to San Juan's harbor earlier this month, the Coast Guard reported Wednesday. ...
Japan Follows Up on Pledge to Strengthen Taiwan Posture

Japan Follows Up on Pledge to Strengthen Taiwan Posture

By The Maritime Executive
February 25, 2026
  Japan has followed up on Prime Minister Sanae Takaichi's election promise to strengthen defense spending and to abandon Japan’s previous policy of strategic ambiguity regarding its response to an...
Report: Iran Nears Deal to Buy Supersonic Antiship Missiles From China

Report: Iran Nears Deal to Buy Supersonic Antiship Missiles From China

By The Maritime Executive
February 24, 2026
  Iran may be closing on a deal to buy supersonic antiship missiles from China, which would complicate planning for the U.S. Navy in waters of the Persian Gulf, Strait of Hormuz and Gulf of Oman. ...

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