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Death Toll in Philippine Ferry Sinking Rises to 40

Death Toll in Philippine Ferry Sinking Rises to 40

By The Maritime Executive
February 1, 2026
Three additional bodies of victims from the lost ferry Trisha Kerstin 3 have been recovered near Basilan, bringing the number of confirmed fatalities to 40 people, the Philippine Coast Guard confirm...
Tanker Orders: Too Much, or Not Enough?

Tanker Orders: Too Much, or Not Enough?

By Erik Broekhuizen / Poten & Partners
February 1, 2026
  Last week, in our annual forecasting opinion ("A Fool's Game?"), we prognosticated that the tanker orderbook will decline in 2026. We are still early in the year, but the headlines from many of t...
China and Russia Plan to Hold a Naval Exercise With Iran in February

China and Russia Plan to Hold a Naval Exercise With Iran in February

By The Maritime Executive
February 1, 2026
  The commander of the regular Iranian navy (Nedaja) Rear Admiral Shahram Irani has announced that Iran will once again host Chinese and Russian naval vessels in Exercise Maritime Security Belt 202...
Coast Guard Calls Off Search for Missing Crew of Fishing Vessel Lily Jean

Coast Guard Calls Off Search for Missing Crew of Fishing Vessel Lily Jean

By The Maritime Executive
February 1, 2026
  On Saturday, the U.S. Coast Guard suspended its search for the missing crew of the fishing vessel Lily Jean, which disappeared about 25 miles off the coast of Massachusetts on Friday morning. ...
Op-Ed: Fully-Compliant Fire Systems May Fall Short Against Modern Risks

Op-Ed: Fully-Compliant Fire Systems May Fall Short Against Modern Risks

By John Nicholson
February 1, 2026
  Inspection reports across much of the commercial fleet paint a reassuring picture. Fire detection systems are operational, fixed firefighting systems are in good working order, equipment is servi...
India’s First Chemical Tanker Order Advances Shipbuilding Ambitions

India’s First Chemical Tanker Order Advances Shipbuilding Ambitions

By The Maritime Executive
February 1, 2026
  Swan Defence and Heavy Industries Limited (SDHI), located in India, confirmed that it has received its first shipbuilding order as part of the revitalization of its operations. The order, which c...
China Wants to Host the High Seas Secretariat

China Wants to Host the High Seas Secretariat

By Dialogue Earth
February 1, 2026
  [By Jiang Mengnan] China has joined Chile and Belgium in competing to host the secretariat of the High Seas Treaty. The landmark UN agreement, which entered into force earlier this month, will...
Canada Approves Construction of an Arctic Mineral Port on Baffin Island

Canada Approves Construction of an Arctic Mineral Port on Baffin Island

By The Maritime Executive
February 1, 2026
  At a time when Canada is prioritizing development of Arctic infrastructure, a new port and railway project in Baffin Island has received construction approval. The project, Steensby Railway, is a...
OceanScore Reaches $5M Annual Recurring Revenue Milestone

OceanScore Reaches $5M Annual Recurring Revenue Milestone

By The Maritime Executive
February 1, 2026
  OceanScore, a provider of commercial compliance solutions for maritime emissions regulations, has reached $5 million in annual recurring revenue (ARR). The milestone reflects growing demand from...
Stonepeak Buys 25 Percent Stake in 10 of CMA CGM's Container Terminals

Stonepeak Buys 25 Percent Stake in 10 of CMA CGM's Container Terminals

By The Maritime Executive
February 1, 2026
  CMA CGM is launching a ports joint venture with one of the world's largest infrastructure investors. With a 25 percent investment from Stonepeak, this new JV - United Ports LLC - will buy 10 of C...

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