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Iranian Frigate Torpedoed and Sunk off Sri Lanka, At Least 83 Dead

Iranian Frigate Torpedoed and Sunk off Sri Lanka, At Least 83 Dead

By The Maritime Executive
March 4, 2026
  On Wednesday, Defense Secretary Pete Hegseth told reporters that a U.S. Navy submarine had torpedoed and sunk the Iranian frigate IRIS Dena in international waters of the Indian Ocean, confirming...
IRINS Makran Damaged But Still Afloat in Bandar Abbas

IRINS Makran Damaged But Still Afloat in Bandar Abbas

By The Maritime Executive
March 4, 2026
  Clear imagery taken on March 4 of the full length of the ship hit in an attack on the outer basin of Bandar Abbas Naval Harbor three days beforehand confirms that the ship in question, measuring...
ClassNK Releases “FAQs on the EU-ETS for Shipping (3rd Edition)

ClassNK Releases “FAQs on the EU-ETS for Shipping (3rd Edition)

By The Maritime Executive
March 3, 2026
[By: ClassNK] ClassNK has released “FAQs on the EU-ETS for Shipping (3rd Edition)” and “FAQs on the FuelEU Maritime (5th Edition).” These FAQs may be used by stakeholders in the maritime industry t...
Lack of Tankers Forces Iraq to Start Shutting In Oil Production

Lack of Tankers Forces Iraq to Start Shutting In Oil Production

By The Maritime Executive
March 3, 2026
  High risks for transits of the Strait of Hormuz have severely limited the number of empty tankers in the Arabian Gulf, and Iraq has become the first GCC state to be forced to shut in production,...
Archers Need Arrows: Strengthening the U.S. Navy's Submarine Arsenal

Archers Need Arrows: Strengthening the U.S. Navy's Submarine Arsenal

March 3, 2026
  [By Alana Davis] In 2023, the Center for Strategic and International Studies (CSIS) wargamed a conflict between the United States of America and the People’s Republic of China (PRC). Reflectin...
British Marine Insurer Beazley Purchased by Zurich for $11 Billion

British Marine Insurer Beazley Purchased by Zurich for $11 Billion

By The Maritime Executive
March 3, 2026
  British insurer Beazley has been purchased by Swiss insurance conglomerate Zurich for $10.8 billion, a small boost over an earlier offer. The agreement will take Beazley private, and it will crea...
Report: MSC and BlackRock Push to Complete Hutchison Deal for Port Ops

Report: MSC and BlackRock Push to Complete Hutchison Deal for Port Ops

By The Maritime Executive
March 3, 2026
Nearly a year after the deal was first announced for a consortium of MSC Mediterranean Shipping Company and U.S. investment group BlackRock to acquire the global port operations of Hong Kong-based C...
Viking Stacks Orders to 2034 with More Expedition and Ocean Ships

Viking Stacks Orders to 2034 with More Expedition and Ocean Ships

By The Maritime Executive
March 3, 2026
Reporting a strong financial performance in 2025 and a positive outlook as the brand continues to grow its fleet, Viking announced it has ordered two additional expedition cruise ships and optioned...
Effects of Gulf Disruption Expected to Ripple Through Global Shipping

Effects of Gulf Disruption Expected to Ripple Through Global Shipping

By The Maritime Executive
March 3, 2026
  The shipping disruption from conflict in the Gulf region is only just getting started, according to new data from Clarksons and forecasts from multiple shipping analysts. Between suspended port c...
Belgium Fines Sanctioned Tanker €10M and Detains it for Safety Violations

Belgium Fines Sanctioned Tanker €10M and Detains it for Safety Violations

By The Maritime Executive
March 3, 2026
Belgium announced during a press briefing on Tuesday, March 3, that it has completed its inspection of the tanker Ethera, which it detained overnight on Saturday as it was sailing along the coast an...

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