KARPOWERSHIP-BACKED KINETICS KICKS OFF WORK ON FLAGSHIP HIGH-CAPACITY FSRU
Kinetics, a Karpowership initiative, has embarked on the construction of the first in its series of planned next-generation floating storage and regasification units (FSRUs) at Seatrium’s Tuas Boulevard Yard in Singapore.
Kinetics describes the start...
MAERSK AND SEASPAN LAUNCH VESSEL UPGRADE PROGRAM TO IMPROVE EFFICIENCY
Seaspan, the large vessel owner that leases vessels to the container industry, is launching a vessel upgrade program with Maersk. The companies report commitments for at least $75 million, with additional efforts in planning,...
SHIPPING INCIDENT: PROJECTILE HITS LNG CARRIER IN STRAIT OF HORMUZ
Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has reported a vessel incident in the Strait of Hormuz.
Nakilat has confirmed that its Al Rekayyat liquefied natural gas (LNG) carrier (LNGC) was struck...
PANAMA CANAL PLANS TWO MORE DECREASES IN NEOPANAMAX DRAFT LEVELS
After taking what was called a preemptive step in June to lower the maximum drafts of vessels, the Panama Canal Authority announced it will step down the draft levels in two stages in July...
SHELL FEEDS VIETNAM’S LNG APPETITE THROUGH DEAL WITH PV GAS
Petrovietnam Gas Joint Stock Corporation (PV Gas), a subsidiary of Vietnam’s state-owned national energy group Petrovietnam, has inked a liquefied natural gas (LNG) agreement with Shell Eastern Trading (Shell Eastern LNG), a wholly owned...
CMA CGM, OOCL, AND ONE INTRODUCE NEXT-GENERATION CONTAINERSHIPS
As the buildout of the record orderbook for new container vessels proceeds, a new generation of vessels is being introduced, incorporating new technologies. CMA CGM, Ocean Network Express (ONE), and Orient Overseas Container Line...
TEXAS LNG PROJECT’S MOMENTUM BUILDS AS KIEWIT GETS GO-AHEAD FOR EARLY WORK
Texas LNG Brownsville, part of Glenfarne Group, has given conditional authorization to Kiewit Energy Group (KOS), a construction and engineering services provider, for work on a liquefied natural gas (LNG) export project being developed...
IRAN EXPLOITS CONTAINERSHIP GROUNDING TO ASSERT HORMUZ CONTROL
Image from Iranian state media of a containership it says is aground near Hormuz (Iribnews)
Published Jul 1, 2026 10:21 AM by The Maritime Executive
Iranian state media released a video and is reporting that a...
FUEL FOR THOUGHT: LPG REPORT
In this key report in our “Fuel for thought” alternative fuels series we evaluate Liquefied Petroleum Gas (LPG).
We will explore the current state of LPG as a fuel for shipping. LPG is already a...
CONVERSIONS TO LIVESTOCK CARRIERS ACCELERATE AS CONDITION ISSUES PERSIST
A new report developed by a group of animal welfare NGOs is once again highlighting the long-standing problems with live export and livestock carriers, while also warning that the pace of vessel conversions is...