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Hormuz Stop Could Have Knock-on Effect on South Korean Shipbuilding

Hormuz Stop Could Have Knock-on Effect on South Korean Shipbuilding

By The Maritime Executive
March 18, 2026
  South Korea is reporting that one of the knock-on effects of the stoppage of energy exports from the Middle East is threatening parts of its shipbuilding industry. The government has been working...
Mystery Grows as Denmark Continues to Detain Iranian Boxhip

Mystery Grows as Denmark Continues to Detain Iranian Boxhip

By The Maritime Executive
March 18, 2026
  Four weeks after stopping a containership that was suspected of not being correctly registered, Danish authorities continue to hold the vessel but are declining requests for information. The ship...
White House Gives Foreign Shipowners Access to Domestic Trade for 60 Days

White House Gives Foreign Shipowners Access to Domestic Trade for 60 Days

By The Maritime Executive
March 18, 2026
The Trump administration has temporarily waived the Jones Act for select liquid bulk and dry bulk cargoes, allowing foreign seafarers and shipowners greater latitude to work within the United States...
South Korea Asks for Tariff Relief and Support for Hanwha’s Philly Shipyard

South Korea Asks for Tariff Relief and Support for Hanwha’s Philly Shipyard

By The Maritime Executive
March 18, 2026
  Officials from South Korea and the U.S. state of Pennsylvania met in South Korea on Wednesday to discuss cooperation and how they could support the development of U.S. shipbuilding and specifical...
Tankers Appear Cuba Bound as Russia Vows Support Against External Pressure

Tankers Appear Cuba Bound as Russia Vows Support Against External Pressure

By The Maritime Executive
March 18, 2026
  Days after Cuba suffered one of its worst electrical blackouts due in part to the U.S. energy blockade of the island, two tankers carrying Russian energy products appear to be heading to the isla...
Marine Pilots: Coast Guard Funding Lapse Brings Safety Risks

Marine Pilots: Coast Guard Funding Lapse Brings Safety Risks

By The Maritime Executive
March 17, 2026
  Events in the Strait of Hormuz have put new demands on the attention of U.S. maritime services, enough to obscure a pressing issue closer to home: the U.S. Coast Guard is still operating in "shut...
Report: USS Gerald R. Ford to Leave Red Sea for Repairs After Laundry Fire

Report: USS Gerald R. Ford to Leave Red Sea for Repairs After Laundry Fire

By The Maritime Executive
March 17, 2026
  The supercarrier USS Gerald R. Ford is scheduled to return to Souda Bay, Crete shortly for repairs to damage from the laundry room fire that broke out belowdecks last week, official sources told...
French Navy Marine Suffers Serious Gunshot Wound Aboard Rescue Tug

French Navy Marine Suffers Serious Gunshot Wound Aboard Rescue Tug

By The Maritime Executive
March 17, 2026
  Last weekend, a French Navy marine suffered a severe, life-threatening injury aboard the rescue ship Abeille Normandie, according to the prosecutor's office for the Boulogne-Sur-Mer area. The vic...
U.S. Hits Iran's Antiship Missile Sites in the Strait of Hormuz

U.S. Hits Iran's Antiship Missile Sites in the Strait of Hormuz

By The Maritime Executive
March 17, 2026
  U.S. Central Command announced Tuesday that it has bombed Iranian antiship cruise missile sites near the Strait of Hormuz, an attempt to reduce risk to merchant ships and naval vessels in the nar...
DP World Reports Record $24.4BN Revenue and $6.4BN EBITDA for 2025

DP World Reports Record $24.4BN Revenue and $6.4BN EBITDA for 2025

By The Maritime Executive
March 17, 2026
[By: DP World] DP World today announced record financial results for 2025, with revenue up 22% to $24.4 billion, and adjusted EBITDA up 18% to $6.4 billion (margin 26.3%), driven by strong performa...

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