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Volkswagen Group Enters Into Exclusive Arrangement with Bain Capital

Volkswagen Group Enters Into Exclusive Arrangement with Bain Capital

By The Maritime Executive
June 25, 2026
[By: Everllence] The Volkswagen Group has entered into an exclusive arrangement with Bain Capital for the sale of its majority stake in Everllence – 51 percent of the shares are to be transferred t...
ClassNK Receives Authorization from French Flag

ClassNK Receives Authorization from French Flag

By The Maritime Executive
June 25, 2026
[By: ClassNK] ClassNK announced that it has earned authorization from the French Government (Directorate general for Maritime affairs, Fisheries and Aquaculture) to carry out surveys for French fla...
Charleston Pauses Operations at New Terminal Citing Low Volume, High Costs

Charleston Pauses Operations at New Terminal Citing Low Volume, High Costs

By The Maritime Executive
June 25, 2026
South Carolina Ports, in a surprise announcement, reported it will suspend operations at its new terminal in Charleston, citing low volumes and high costs for the terminal. Celebrated in 2021 as the f...
SAR Operation After Gas Tanker Hits Fishing Trawler off South Korea

SAR Operation After Gas Tanker Hits Fishing Trawler off South Korea

By The Maritime Executive
June 25, 2026
The Ulsan Coast Guard was conducting a search and rescue operation on Thursday, June 25, after a small gas tanker hit a fishing boat. The crew of the fishing boat was thrown into the water while their...
IMO Pauses Persian Gulf Evacuations After Containership is Attacked

IMO Pauses Persian Gulf Evacuations After Containership is Attacked

By The Maritime Executive
June 25, 2026
Reports are coming in that a containership sailing south of Oman near the eastern exit from the Strait of Hormuz was struck by a projectile. Details are still unfolding, but it came after the IRGC iss...
French Forces Detain Tanker in Continuing Crackdown on Shadow Fleet

French Forces Detain Tanker in Continuing Crackdown on Shadow Fleet

By The Maritime Executive
June 25, 2026
French officials are reporting they stopped a sanctioned tanker operating in the shadow fleet on Tuesday, June 23, off the coast of Sicily. It is the fifth time France has stopped a shadow fleet tanke...
Transportation Department Names New Deputy Superintendent for USMMA

Transportation Department Names New Deputy Superintendent for USMMA

By The Maritime Executive
June 25, 2026
U.S. Transportation Secretary Sean P. Duffy today announced the appointment of Rear Admiral (lower half) David Samuel Ostwind as Deputy Superintendent at the United States Merchant Marine Academy. Rea...
Tension Between Iran and Oman as IMO Gulf Exit Plan Mobilizes

Tension Between Iran and Oman as IMO Gulf Exit Plan Mobilizes

By The Maritime Executive
June 25, 2026
Tensions have arisen between Iran and Oman as the International Maritime Organisation (IMO) - coordinated plan to manage the exit of ships trapped in the Gulf begins to be activated. The first two...
IRGC Navy Rejects Oman's Safe-Passage Plan for Strait of Hormuz

IRGC Navy Rejects Oman's Safe-Passage Plan for Strait of Hormuz

By The Maritime Executive
June 24, 2026
In a brief message released Wednesday night, Iran's Islamic Revolutionary Guard Corps Navy said that it rejects the newly-announced Omani safe transit route through the southern half of the Strait of...
Report: Mooring Lines Pulled Experienced Docker to His Death

Report: Mooring Lines Pulled Experienced Docker to His Death

By The Maritime Executive
June 24, 2026
A 2024 mooring fatality at a ferry terminal in Cairnryan, Scotland highlights the risks - and tradeoffs - that come with everyday quayside operations, even in controlled environments. A newly-conclude...

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