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Hormuz Shutdown Hits Key Industrial Commodities, Including Bunker Fuel

Hormuz Shutdown Hits Key Industrial Commodities, Including Bunker Fuel

By The Maritime Executive
March 12, 2026
  The Strait of Hormuz shutdown is having a direct effect on the price of oil and LNG, and in some downstream and byproduct markets, the impact is becoming acute. Net global oil supply is expected...
Iranians Commence Mining in the Strait of Hormuz

Iranians Commence Mining in the Strait of Hormuz

By The Maritime Executive
March 12, 2026
  After a number of earlier unsubstantiated reports, US official sources have confirmed to the New York Times and CNN that the Iranians have commenced laying mines in the Straits of Hormuz, though...
Amidst Tightening Global Supplies, Ukraine Hits Russian Oil Export Pipeline

Amidst Tightening Global Supplies, Ukraine Hits Russian Oil Export Pipeline

By The Maritime Executive
March 12, 2026
  Amidst oil shipping disruption in the Strait of Hormuz, Ukraine has attacked an oil pipeline leading to Russia's export terminals on the Black Sea, hoping to restrict Moscow's access to revenue f...
ONE and Chinese Shipbuilder Increase Investment in Owner/Lessor Seaspan

ONE and Chinese Shipbuilder Increase Investment in Owner/Lessor Seaspan

By The Maritime Executive
March 12, 2026
Three years after taking Seaspan, the leading owner/lessor of containerships to the leading carriers, private Ocean Network Express is set to become its largest shareholder, along with the addition...
U.S. Navy Shot at an Iranian Vessel That Got Too Close to a Supercarrier

U.S. Navy Shot at an Iranian Vessel That Got Too Close to a Supercarrier

By The Maritime Executive
March 12, 2026
  A U.S. Navy surface combatant fired on an Iranian vessel that got too close to the carrier USS Abraham Lincoln this week, officials told CBS on Thursday.  According to two officials, the warsh...
Security Concerns Raised as Saudi Arabia Ramps Up Red Sea Oil Exports

Security Concerns Raised as Saudi Arabia Ramps Up Red Sea Oil Exports

By The Maritime Executive
March 12, 2026
Saudi Arabia’s national oil company, Aramco, is rapidly working to build up operations at its alternate terminal located on the Red Sea at Yanbu. The terminal was designed and built as a backup alte...
U.S. Seeks Immediate Sale of Shadow Tanker After Landing Crude Oil Cargo

U.S. Seeks Immediate Sale of Shadow Tanker After Landing Crude Oil Cargo

By The Maritime Executive
March 12, 2026
The United States, in a court filing made on March 12, is asking for an order to permit an immediate interlocutory sale of the seized tanker Skipper and its oil cargo, which is now being stored onsh...
Trump Administration Proposes Jones Act Waiver for Fuel and Fertilizer

Trump Administration Proposes Jones Act Waiver for Fuel and Fertilizer

By The Maritime Executive
March 12, 2026
  The White House has floated the possibility of waiving the Jones Act for coastwise fuel and fertilizer transport, and U.S. maritime industry associations warn that foreign-flag competition would...
First Tanker from Persian Gulf Reaches India with Saudi Oil

First Tanker from Persian Gulf Reaches India with Saudi Oil

By The Maritime Executive
March 12, 2026
  Indian officials confirmed that the first tanker carrying crude from the Persian Gulf arrived in Mumbai on Wednesday, March 11, as part of their efforts to maintain a steady flow of energy produc...
Boxship Operating for Maersk-Hapag Hit by Shrapnel off UAE

Boxship Operating for Maersk-Hapag Hit by Shrapnel off UAE

By The Maritime Executive
March 12, 2026
While most of the focus has been on tankers or ships attempting to run the gauntlet at the Strait of Hormuz, containerships are also reporting damage as the war in the Persian Gulf widens. It is unc...

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