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Testing Begins for First Wing-Sail Installed on a Car Carrier

Testing Begins for First Wing-Sail Installed on a Car Carrier

By The Maritime Executive
July 2, 2026
Oceanbird, a joint venture started by Alfa Laval and Wallenius Lines in December 2021, reached a key milestone as its prototype for a vessel received class certificates and completed its installation,...
Iran Threatens to Attack Ships for Using Non-Iranian Routes Through Hormuz

Iran Threatens to Attack Ships for Using Non-Iranian Routes Through Hormuz

By The Maritime Executive
July 2, 2026
Amidst a reported disagreement within Iran's leadership over whether to prioritize control of frozen bank accounts or control of the Strait of Hormuz, the Iranian senior military command center is sig...
Investment Firm KKR Sells Ocean Yield to A.P. Moller Holding

Investment Firm KKR Sells Ocean Yield to A.P. Moller Holding

By The Maritime Executive
July 2, 2026
The investment arm of the Maersk family, A.P. Moller Holding, is expanding its large portfolio of maritime investments, reporting it has agreed to buy Norway’s Ocean Yield, a large shipowner-lessor. A...
Greece Arrests Cruise Ship Captain After Lines Part and Passenger Falls

Greece Arrests Cruise Ship Captain After Lines Part and Passenger Falls

By The Maritime Executive
July 2, 2026
Greece has placed the captain of a large, international cruise ship under arrest after an incident in the Port of Corfu on Wednesday evening, July 1. The cruise ship was one of four docked in the port...
US, NATO, and Allies Wrap-up First Large Atlantic Exercise off Virginia

US, NATO, and Allies Wrap-up First Large Atlantic Exercise off Virginia

By The Maritime Executive
July 1, 2026
A multi-national force completed two weeks of exercises in what was billed as the first large-scale multi-national maritime exercise to take place in the Hampton Roads area of Virginia and the western...
U.S. Treasury Takes Aim at Mexico's Fuel Smuggling Cartel

U.S. Treasury Takes Aim at Mexico's Fuel Smuggling Cartel

By The Maritime Executive
July 1, 2026
The U.S. Treasury is taking aim at the fuel-smuggling side business of the Cartel de Jalisco Nueva Generacion (CJNG), the violent drug-trafficking syndicate that dominates criminal activity along the...
China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform

China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform

By The Maritime Executive
June 30, 2026
China continues its developments, placing it at the forefront of the offshore wind energy sector. In the latest development, officials reported deploying the largest tension-leg floating offshore wind...
Shipping Through Hormuz Holds Steady, But Little Clarity on Peace Talks

Shipping Through Hormuz Holds Steady, But Little Clarity on Peace Talks

By The Maritime Executive
June 29, 2026
After agreeing to cease hostilities once again, Iranian and American officials will be on hand for more talks in Doha, Qatar on Tuesday - though it remains to be seen if they will speak with each othe...
Duke Energy to Sell Back its North Carolina Offshore Wind Area Lease

Duke Energy to Sell Back its North Carolina Offshore Wind Area Lease

By The Maritime Executive
June 29, 2026
Duke Energy is joining the growing list of companies selling back their offshore wind energy leases to the Trump administration. The company has agreed voluntarily to terminate an area on the North Ca...
Canada Qualifies First Companies to Bid for Offshore Wind Energy Licenses

Canada Qualifies First Companies to Bid for Offshore Wind Energy Licenses

By The Maritime Executive
June 28, 2026
Canada and the province of Nova Scotia took a key step forward in their ambitions to develop offshore wind energy by designating the firms prequalified to enter the bidding. Government officials highl...

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