AFL-CIO Calls for Strengthening of U.S. Cargo Preference Rules

Retailers Forecast Early US Import Peak Season Followed by Further Declines

Published Jun 8, 2026 6:59 PM by The Maritime Executive

In an effort to get ahead of some of the potential price increases due to fuel costs and possible new tariffs from the Trump administration, the National Retail Federation expects retailers to accelerate their import schedule. They believe this will create an early peak season, further aided by soft year-over-year comparisons before import volumes resume their year-over-year declines. “We expect to see a year-over-year increase this month that’s partly driven by retailers bringing in merchandise early because of higher costs...

cargo ship anchored off Turkey and abandoned

Four Indian Seafarers Rescued from Abandoned Ship After 10 Months

Published Jun 8, 2026 6:29 PM by The Maritime Executive

It took intervention from the Turkish government to finally rescue four Indian seafarers who had been stuck on a decrepit cargo ship after the owner of the vessel was arrested as part of an International drug sting. While most of the crew was repatriated several months ago, four individuals remained on the ship since July 2025, waiting for replacements and back pay, both of which never arrived. The vessel named Azra C (4,257 dwt) arrived in Turkey in July 2025,...

USCG Calls Off New Search for Missing Yacht Cruiser Lynette Hooker

Published Jun 8, 2026 5:43 PM by The Maritime Executive

The U.S. Coast Guard is investigating the disappearance of U.S. national Lynette Hooker as a possible crime, but has not been able to find her body. Last month, U.S. citizens Brian and Lynette Hooker were on a trip through the Bahamas aboard their sail cruising yacht, Soulmate. On the night of April 4, Lynette Hooker disappeared, and Mr. Hooker reported her absence early the next morning. He said that she had gone over the side of their small 8-foot dinghy,...

ABS Proposes Using Efficiency Credits to Augment IMO Carbon Rules

Published Jun 8, 2026 4:43 PM by The Maritime Executive

The world's shipping interests are divided into two main camps on the question of carbon regulation at IMO. The first wants to stay within the bounds of the previously-negotiated Net Zero Framework, centered on a carbon levy and a fuel subsidy fund to be administered by IMO. The second camp wants to alter or remove the levy and reschedule the rollout with gradual implementation, with the timetable linked more closely to current operational realities. ABS has taken a technical view...

Shipping

Despite Iranian Blockade, ADNOC Picks Up Pace of Oil Export Sales

UAE state oil company ADNOC is selling more of its crude than might be expected given the Iranian blockade of the Strait of Hormuz. This week, it announced a tender for 14 million barrels of oil, including some that has to be delivered from the "bottled-up" side of the strait, according to Bloomberg and Reuters. It is the second such tender in two weeks, and is seen by many as a sign that ADNOC is optimistic about the prospects for...

Tugs & Salvage

Famed Lightship Turned Museum Collides with Sailboat off Germany

Germany’s sea rescue teams responded overnight on June 7 to reports that a historic lightship now operating as a museum ship and an 11.5-meter (nearly 38-foot) sailboat collided approximately one nautical mile off the port of Heligoland, Germany. No one was injured, but the sailboat was demasted and badly damaged in the collision. The rescue boats Verena and Hermann Marwede, along with the federal government’s vessel Neuwerk were each dispatched to the scene of the collision. Paramedics from the Neuwerk...

Government

An instrument platform at the Endurance Array off Oregon, one of seven instrumentation sites that the Trump administration is removing (UW / NSF)

EU Steps Up to Fund Ocean Data Collection as U.S. Pulls Back

Following the Trump administration's decision to remove the global ocean sensor network run by the NSF/Woods Hole's Ocean Observatories Initiative, the European Union has come up with its own funding pool to cover some of the lost scientific sensor capability. Last week, the European Commission announced that it would be launching a new program dubbed OceanEye to boost EU contributions to global ocean data collection. The long-term objective is to build about one third of the world's ocean observing system...

Corporate News

DNV: Onboard CCS System Reaches 98% Carbon Capture Rate

An assessment from global classification society DNV, using its Recommended Practice for performance verification of onboard carbon capture and storage (OCCS), has confirmed Carbon Ridge’s centrifugal onboard carbon capture system can reach CO2 capture rates of as high as 98%. This is the first maritime deployment of a centrifugal OOCS system, which during the testing was set up to capture and treat a part of the emissions stream generated by a LR2 product tanker owned by Scorpio Tankers Inc. The...

Cruise Ships

Plans for Spanish Cruise Line Delayed by Uncertain Market

Plans to launch a niche cruise line dedicated to the Spanish-speaking market have been delayed, with the new firm, called Corazul, reporting it has canceled its summer season in the Mediterranean due to launch in July. The new company says that it is continuing to move forward, but it will focus on a launch in the Brazilian market during the 2026-2027 season. Corazul announced in early 2026 its plans to relaunch a dedicated Spanish cruise operation. The market had been...

Ports

Retailers Forecast Early US Import Peak Season Followed by Further Declines

Shipping

Despite Iranian Blockade, ADNOC Picks Up Pace of Oil Export Sales

Tugs & Salvage

Famed Lightship Turned Museum Collides with Sailboat off Germany

Government

EU Steps Up to Fund Ocean Data Collection as U.S. Pulls Back

Corporate News

DNV: Onboard CCS System Reaches 98% Carbon Capture Rate

Cruise Ships

Plans for Spanish Cruise Line Delayed by Uncertain Market

Ports

Retailers Forecast Early US Import Peak Season Followed by Further Declines

Offshore

UK Will Rebid Offshore Wind Lease Setting a Critical Test for the Sector

The UK's Crown Estate, which manages all the offshore assets, announced that it plans to launch a new competitive bid for a lease in the Irish Sea just months after the existing holders backed out of the project after five years of planning. The new competitive tender is seen as a key challenge for the sector after partners EnBW and JERA Nex BP opted not to proceed, calling the project no longer economically viable. The Morgan site is approximately 22...

Shipbuilding

Ghana’s New Drydock Project Progresses After Successful Financing Round

Ship diversions around Cape of Good Hope have seen vessel traffic growth along the West African coastline. Additionally, recent expansion of deepwater drilling operations by big oil companies is a development indicator for the offshore industry in West Africa. With these opportunities, the region is emerging as a global destination for ship repair and maintenance. In fact, several West Africa governments are ramping up plans to expand ship repair infrastructure. The latest milestone is from Ghana, with Takoradi Floating Dock...

Environment

Northern Lights Proceeds with Fleet Expansion with MISC and K Line

The first commercial cross-border carbon transport and storage program, Norway’s Northern Lights, is moving forward with its announced fleet expansion as it completed a second charter agreement with MISC Group and K Line (Kawasaki Kisen Kaisha). This follows the January 2026 announcement that the company would add four more vessels and the recent delivery of its newest ship to Bernhard Schulte Shipmanagement. Northern Lights was started in 2021 as a joint venture between Equinor, Shell, and TotalEnergies in support of...

Business

EU Calls for Sanctions on Bunker and Support Vessels in New Russian Package

Saying that the goal is to maintain the pressure from the West on Russia, the European Commission outlined its plans for the 21st sanction package since the start of the war in Ukraine. The European Union highlights the impact of its economic sanctions while saying, “Consistency with the sanctions packages is paying off.” President of the European Commission Ursula von der Leyen, however, also highlighted the increased Russian attacks on civilian targets in Ukraine as well as the wayward attacks...

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AFL-CIO Calls for Strengthening of U.S. Cargo Preference Rules

Retailers Forecast Early US Import Peak Season Followed by Further Declines

Four Indian Seafarers Rescued from Abandoned Ship After 10 Months

USCG Calls Off New Search for Missing Yacht Cruiser Lynette Hooker

ABS Proposes Using Efficiency Credits to Augment IMO Carbon Rules

Despite Iranian Blockade, ADNOC Picks Up Pace of Oil Export Sales

Famed Lightship Turned Museum Collides with Sailboat off Germany

EU Steps Up to Fund Ocean Data Collection as U.S. Pulls Back

DNV: Onboard CCS System Reaches 98% Carbon Capture Rate

Plans for Spanish Cruise Line Delayed by Uncertain Market

Retailers Forecast Early US Import Peak Season Followed by Further Declines

The Hidden Clause Contradictions Driving Demurrage Claims

Six Estonian Maritime Companies Solving Retrofit and Port Challenges

Rethinking Hull Maintenance: The Problem Goes Deeper Than Fouling

Despite Iranian Blockade, ADNOC Picks Up Pace of Oil Export Sales

Famed Lightship Turned Museum Collides with Sailboat off Germany

EU Steps Up to Fund Ocean Data Collection as U.S. Pulls Back

DNV: Onboard CCS System Reaches 98% Carbon Capture Rate

Plans for Spanish Cruise Line Delayed by Uncertain Market

Retailers Forecast Early US Import Peak Season Followed by Further Declines

UK Will Rebid Offshore Wind Lease Setting a Critical Test for the Sector

Ghana’s New Drydock Project Progresses After Successful Financing Round

Northern Lights Proceeds with Fleet Expansion with MISC and K Line

EU Calls for Sanctions on Bunker and Support Vessels in New Russian Package

Maritime Industry Conferences and Events

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