News
Articles

From
Mike Schuler
via
gCaptain
Environmental Groups Urge IMO: Keep Ammonia Waste Out of the Ocean
A coalition of environmental and clean-shipping groups is urging the International Maritime Organization to block any move that would allow ammonia-fueled ships to discharge toxic waste at sea, warning that shipping’s push toward zero-emission fuels must not come at the expense of ocean health.

From
Bloomberg
via
gCaptain
More Dark Tankers Arrive at India Scrapyards as Trade Expands
Three US-sanctioned tankers have arrived for demolition on India’s west coast in under a month, an unusually strong start to the year for a ship-breaking trade that is increasing its acceptance of dark vessels in order to counter a painful downturn.

From
Mike Schuler
via
gCaptain
Maersk’s Record-Setting Dual-Fuel Containership Goes LEGO
The Danish toy giant LEGO is set to launch a new collector’s set celebrating Maersk’s methanol-powered flagship, Ane Maersk. The Maersk Dual-Fuel Container Vessel (40955) hits shelves on March 1, bringing the world’s first...

From
Reuters
via
gCaptain
Mexican Ships Deliver Food and Supplies to Cuba as Island Faces U.S. Fuel Supply Crackdown
Two Mexican-flagged ships delivered 814 tons of humanitarian aid to Havana Harbor on Thursday, defying U.S. pressure after Washington threatened tariffs on countries supplying oil to Cuba. Mexico halted oil shipments in January but pledged food assistance.

From
Mike Schuler
via
gCaptain
CK Hutchison Escalates Legal Battle Over Panama Ports Ruling
Hong Kong-based CK Hutchison has escalated a legal fight over its Panama Canal port concessions, triggering treaty arbitration and raising uncertainty over operations at the Balboa and Cristobal terminals as Panama advances plans for a forced transition.

From
Mike Schuler
via
gCaptain
HMM Remains Profitable in 2025 Despite Global Freight Rate Collapse
South Korea’s HMM managed to stay in the black through a bruising 2025 for container shipping, posting a 13.4% operating margin even as freight rates collapsed across major trade lanes and several global rivals slipped into losses.

From
Mike Schuler
via
gCaptain
Container Rates Slide for Fifth Week as Lunar New Year Demand Disappoints
Global container shipping rates fell for a fifth consecutive week as the usual pre-Lunar New Year cargo surge failed to materialize, prompting carriers to ramp up blank sailings across major trade lanes.

From
Bloomberg
via
gCaptain
Gas-Hungry Europe to Get Rare LNG Shipment Reloaded From China
A liquefied natural gas shipment reloaded from China — the world’s top buyer of the fuel — is heading to Europe, a rare move that highlights the continent’s push to refill dwindling inventories.

From
Reuters
via
gCaptain
Two US Navy Ships Collide, No Major Injuries, US Southern Command Says
A U.S. warship and a Navy supply vessel collided during refueling Wednesday afternoon, the U.S. Southern Command told Reuters in an emailed statement on Thursday.

From
Bloomberg
via
gCaptain
U.S. Warns Peru is ‘Losing Sovereignty’ Over Chinese-Owned Chancay Port
The Trump administration warned that Peru is losing sovereignty over a Chinese-owned port near its capital city, after a local judge ruled that the port is exempt from some regulatory oversight.

From
Bloomberg
via
gCaptain
NATO Launches Arctic Mission After Trump’s Greenland Threats
NATO will bolster its Arctic presence with a new mission after US President Donald Trump triggered an alliance crisis over his attempts to take Greenland.

From
Mike Schuler
via
gCaptain
Saltchuk Expands Maritime Portfolio with $1.5 Billion Great Lakes Dredge & Dock Acquisition
Seattle-based Saltchuk has agreed to acquire Great Lakes Dredge & Dock, the largest dredging contractor in the United States, in a $1.5 billion all-cash deal that will keep the 136-year-old company operating as a standalone business while expanding Saltchuk’s maritime footprint.