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Hormuz Shutdown Could Also Affect Agriculture, Petchem and Mining Sectors

By The Maritime Executive

March 4, 2026

Much attention has been paid to the effects of the Strait of Hormuz shutdown on the oil and LNG markets, but there are half a dozen other commodities that will be affected in the weeks to come if...

Insurance and Naval Escorts May Not be Enough to Reboot Gulf Shipping

By The Maritime Executive

March 4, 2026

War risk at the Strait of Hormuz continues to deter shipowners from venturing near to Iran, and AIS-active traffic remains 90 percent below normal levels, according to MarineTraffic. Despite the haz...

Scottish Government Plans Four Ship Contract Lifeline for Ferguson Marine

By The Maritime Executive

March 4, 2026

The Scottish government is moving forward with a plan to award the financially troubled Scottish shipbuilder Ferguson Marine four new contracts as a lifeline to keep the yard afloat. The yard fell i...

Ukrainian Strike on Novorossiysk Also Damaged Russian Warships

By The Maritime Executive

March 4, 2026

The recent Ukrainian strike on Novorossiysk caused damage to a Transneft oil loading terminal, and may also have extended to Russian Navy warships, according to Ukrainian sources. Ukrainska P...

Startup Plans to Use Regent Seven Seas Ship for Premium Residential Cruises

By The Maritime Executive

March 4, 2026

The operators of Villa Vie Odyssey, one of the current residential cruise ships, announced that they are launching a new company to offer a premium residential cruise ship. Named Avora Residents, th...

Positioning of Unladen Tankers Signals Shipping's Risk-Reward Calculations

By The Maritime Executive

March 4, 2026

Shipowners and managers, and ultimately ship masters, have the ultimate responsibility for assessing risk to their vessels and their cargoes. Governments may be keen to persuade operators that th...

Edda Wind has Potential Agreements to Sell Fleet of Wind Service Vessels

By The Maritime Executive

March 4, 2026

Edda Wind, which had been launched as an early service provider dedicated to the emerging offshore wind sector, has entered into agreements for the potential sale of its fleet. News of the poten...

Hamburg Maritime Forum 2026: An Ambitious Landmark Edition

By The Maritime Executive

March 4, 2026

Transformation in shipping is no longer a distant objective — it is an immediate responsibility. On April 21–22, the Hamburg Maritime Forum 2026 will provide the setting where that respo...

Russia Accuses Ukraine of Attack as Gas Carrier Sinks in the Mediterranean

By The Maritime Executive

March 4, 2026

Russia’s Ministry of Transportation issued a statement condemning Ukraine and calling the attack on the gas carrier Arctic Metgas on Tuesday, March 3, terrorism. Its statement came as the Libyan Por...

Oman Rescues Crew of UAE Containership Struck by Missile

By The Maritime Executive

March 4, 2026

A small feeder containership, Safeen Prestige, became the fourth vessel targeted by the Iranians in and around the Straits of Hormuz over the past 24 hours. The Royal Navy of Oman reports it evacuat...

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