Monday, March 30, 2026
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ice on the Great Lakes

Ice Slows the Start of Shipping on the Upper Great Lakes

Published Mar 29, 2026 5:47 PM by The Maritime Executive

The shipping industry is sounding a cautionary tale as the 2026 season for operations on the Great Lakes is getting underway. They are saying a shortage of icebreakers is compounding a difficult situation, leaving ships stranded after a heavy winter across much of the region. The Soo Locks reopened on Wednesday, March 25, and it is a big day for the region and the economy. Located at Sault Ste. Marie, Michigan, the locks close each winter for maintenance when the...

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fire at Russia's Ust-Luga oil terminal

Ukraine Sustains Unrelenting Nightly Attacks on Russia’s Baltic Oil Ports

Published Mar 29, 2026 4:17 PM by The Maritime Executive

Ukrainian officials are reporting that they have maintained a series of unrelenting attacks designed to dramatically impact the oil export operations on the Baltic. Overnight into Sunday, they staged what they said was the fifth consecutive nightly attack on the Russian terminal at Ust-Luga. The governor of the Leningrad region, Alexander Drozdenko, confirmed the attacks in a series of social media postings. He warned residents, initially saying they had destroyed 29, then 31, and then 36 drones. He also warned...

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Boksa

Architecture of Adaptability: Designing Vessels to Stand the Test of Time

Published Mar 29, 2026 4:13 PM by Boksa Marine Design

The marine and maritime industries are currently navigating a sea of rapid technological evolution. For commercial and government vessel owner-operators, the pressure to design vessels that remain relevant for a 30- or 40-year-plus lifespan is industry standard. Whether driven by tightening emissions regulations, the promise of alternative fuels, or the competitive aspects of autonomous operations, the goal is to "future-proof" vessels. However, in the world of naval architecture and marine engineering, true longevity is not found in a single "silver...

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Chinese cruise ship

China Merchants Is the Latest to Withdraw from China’s Cruise Market

Published Mar 29, 2026 2:46 PM by The Maritime Executive

China Merchants, one of the country’s largest industrial companies and heavily involved in the maritime sector, has abandoned its efforts to develop a luxury Chinese cruise product. The company had launched a joint venture with Viking in 2021, acquiring one of Viking’s cruise ships, but recently put the cruise ship up for sale. The company had reportedly paid nearly $400 million in 2021 as part of the joint venture to take control of the 745-foot Viking Sun (47,800 gross tons)....

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Offshore

Dreamyshade

Chevron Plans to Buy Oil From Sable's Controversial Santa Ynez Unit

Houston-based Sable Offshore, owner of the Santa Ynez platform complex and pipeline in Santa Barbara County, has a buyer for its production. Chevron says that it will begin buying 20,000 barrels per day from Sable now that the Trump administration has approved a restart of the former Santa Ynez pipeline, the oil major announced Tuesday. "We’re going to run Sable’s crude at El Segundo in April," Chevron president of downstream Andy Walz told Bloomberg. "We’re taking American crude oil, putting...

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Shipbuilding

USCG Light Icebreaker

USCG Requests Proposals to Replace Outdated Light Icebreakers

The U.S. Coast Guard is looking to urgently move forward with its planned replacement program for its badly outdated Light Icebreaker class that dates to the 1960s. It posted a Request for Information providing just two and a half weeks for responses while saying it contemplates streamlined approaches related to contract design, reduced government oversight, source selection, and contract requirements. Icebreakers proved even more vital in 2026 in a winter that saw a deep freeze overtake much of the eastern...

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Environment

Teeside industrial region UK

Carbon Storage Developers Complete Applications in UK’s Second CCS Round

The UK’s North Sea Transition Authority received bids for more than two million acres of seabed in its second carbon storage licensing round. Bidding closed on March 24 after having opened in December 2025 and follows the first four licenses, which were awarded in 2023, which have already begun efforts testing the injection process. A total of 21 licenses were awarded in the first round. The authority had reported strong initial interest before beginning the solicitation, and it now says...

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Business

Marcura ship

Cyber Risk in Shipping: From Technical Threat to Business Reality

Cybersecurity in shipping is still too often framed as a technical issue, something for IT teams to manage in the background. From Marcura’s position across financial, operational and compliance workflows, it is increasingly clear that it has become something far more fundamental: a question of business resilience, financial integrity, and trust across an increasingly complex global ecosystem. Few organizations sit closer to that reality. I see first-hand how cyber risk manifests in day-to-day shipping and where some of the industry’s...

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