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CMA CGM to Buy FedEx Supply Chain for $1.4 Billion, Expanding North American Logistics Business
News
July 1, 2026
From 
Mike Schuler
 via 
gCaptain

CMA CGM to Buy FedEx Supply Chain for $1.4 Billion, Expanding North American Logistics Business

The CMA CGM Group has agreed to acquire FedEx Supply Chain from FedEx in a deal valued at $1.4 billion, significantly expanding its North American contract logistics business while establishing new long-term ocean and air cargo...
Lawmakers Reintroduce $10 Billion Bill to Advance Clean Shipping in the U.S.
News
July 1, 2026
From 
Mike Schuler
 via 
gCaptain

Lawmakers Reintroduce $10 Billion Bill to Advance Clean Shipping in the U.S.

A group of Democratic lawmakers has reintroduced legislation that would authorize a major federal investment in clean shipping technologies, proposing a $1 billion annual program aimed at accelerating the development...
Russia Buys Gasoline From India to Tackle Shortages, Sources Say
News
July 1, 2026
From 
Reuters
 via 
gCaptain

Russia Buys Gasoline From India to Tackle Shortages, Sources Say

Russia has started seaborne imports of gasoline from India, two industry sources said on Wednesday, in an effort to mitigate fuel shortages triggered by Ukrainian attacks on its energy infrastructure.
CMA CGM to Buy FedEx Supply Chain for $1.4 Billion, Expanding North American Logistics Business
News
July 1, 2026
From 
Mike Schuler
 via 
gCaptain

CMA CGM to Buy FedEx Supply Chain for $1.4 Billion, Expanding North American Logistics Business

Iran said a foreign container ship ran aground while sailing through the Strait of Hormuz via an “unauthorized” route, repeating its warning that vessels should only transit the waterway in coordination with the Islamic Republic.
Report Challenges National Security Case for Extended Jones Act Waiver
News
June 30, 2026
From 
Mike Schuler
 via 
gCaptain

Report Challenges National Security Case for Extended Jones Act Waiver

A new analysis from maritime consulting firm Navigistics Consulting argues the Trump administration’s emergency Jones Act waiver has failed to deliver its stated objectives, finding no evidence of military necessity...
Congressman Urges Trump Administration to Deploy Navy Hospital Ship to Earthquake-Ravaged Venezuela
News
June 30, 2026
From 
Mike Schuler
 via 
gCaptain

Congressman Urges Trump Administration to Deploy Navy Hospital Ship to Earthquake-Ravaged Venezuela

A U.S. congressman is urging the Trump administration to deploy one of the Navy’s two hospital ships to Venezuela following the devastating earthquakes that have killed more than 1,400 people...
UN Warns Hormuz Crisis Will Leave Lasting Economic Scars Despite Shipping Recovery
News
June 30, 2026
From 
Mike Schuler
 via 
gCaptain

UN Warns Hormuz Crisis Will Leave Lasting Economic Scars Despite Shipping Recovery

The reopening of the Strait of Hormuz may ease immediate pressure on global shipping and energy markets, but the economic fallout from more than 100 days of disruption will continue...
China Conducts Patrols Around Scarborough Shoal in Disputed South China Sea
News
June 30, 2026
From 
Reuters
 via 
gCaptain

China Conducts Patrols Around Scarborough Shoal in Disputed South China Sea

China's military and coast guard said on Tuesday they had carried out patrols in the waters around Scarborough Shoal in the South China Sea, as part of safeguarding Beijing's territorial claims to the area.
Chinese Asphalt Tanker Makes Second U.S. Coastwise Voyage Under Jones Act Waiver
News
June 29, 2026
From 
Mike Schuler
 via 
gCaptain

Chinese Asphalt Tanker Makes Second U.S. Coastwise Voyage Under Jones Act Waiver

A Chinese-owned tanker has once again transported asphalt between U.S. ports under the Trump administration's emergency Jones Act waiver, renewing questions about the continued use of a national security exemption following this month's MoU between the U.S. and Iran to reopen the Strait of Hormuz and end ongoing hostilities.
Maersk Raises 2026 Earnings Outlook as Container Market Strength Continues
News
June 29, 2026
From 
Mike Schuler
 via 
gCaptain

Maersk Raises 2026 Earnings Outlook as Container Market Strength Continues

A.P. Moller-Maersk has sharply upgraded its financial guidance for 2026, citing stronger-than-expected demand in the global container shipping market and a sustained rise in spot freight rates, particularly on trades...
South Carolina Ports to Pause Leatherman Terminal Operations as Trade Headwinds Mount
News
June 29, 2026
From 
Mike Schuler
 via 
gCaptain

South Carolina Ports to Pause Leatherman Terminal Operations as Trade Headwinds Mount

South Carolina Ports (SC Ports) will temporarily suspend container operations at its Hugh K. Leatherman Terminal beginning August 1, marking the latest setback for the $1 billion facility that has struggled to gain momentum since opening just over five years ago.
Russia Appears to Arm LNG Tanker in Baltic as Maritime Tensions With NATO Deepen
News
June 29, 2026
From 
Malte Humpert
 via 
gCaptain

Russia Appears to Arm LNG Tanker in Baltic as Maritime Tensions With NATO Deepen

Russia has apparently equipped one of its most strategically important liquefied natural gas (LNG) carriers with heavy machine guns, according to photographs taken by Estonia’s border authorities, marking what analysts say is an unprecedented militarization of a civilian Russian energy vessel.