CMA CGM Stonepeak United Ports Terminal Joint Venture Covers 10 Global Terminals
CMA CGM and Stonepeak have agreed to create UNITED PORTS LLC, a terminals joint venture that consolidates 10 CMA CGM-operated terminals across six countries. Stonepeak is putting in $2.4 billion for a 25% minority...
Galveston LNG and TOTE Plan Jones Act LNG Bunker Vessel Fleet for the US Gulf Coast
Galveston LNG Bunker Port (GLBP) and TOTE Services have signed a heads of agreement that maps out a Jones Act compliant LNG bunkering vessel program for the US Gulf Coast. The framework points to...
MSC Returns to 5000 TEU Container Newbuilds Reported at Yangzhou Guoyu
MSC is being linked to a fresh move back into the mid-sized 5,000 TEU newbuild bracket at China’s Yangzhou Guoyu, a notable pivot after years where its orderbook focus skewed much larger. Market talk...
Evergreen Extends Feeder and Mid-Size Ordering Wave
Evergreen Marine has disclosed a new two-part newbuilding programme covering 23 container ships, with capex guidance up to about $1.47 billion. The package is split between seven 5,900 TEU ships contracted at Jiangsu New...
Devon Bay Sinking Puts Nickel Ore Liquefaction Back on High Alert
Devon Bay’s capsize in late January has put nickel ore liquefaction back at the center of dry bulk safety discussion. The Singapore-flagged vessel issued a distress alert late Jan 22 while sailing from the...
Baltic Navigation Risk Alert as Coastal States Cite GNSS Interference and AIS Spoofing
A group of 14 European coastal states, joined by Iceland, has issued a joint open letter to the international maritime community warning that growing GNSS interference in European waters, particularly the Baltic Sea region,...
Ghost Ships and Jet Fuel Into Myanmar
Reuters reports a sanctions-evasion supply chain is moving jet fuel into Myanmar using tactics associated with “ghost ships” and shadow-fleet behavior, as Myanmar’s military relies on aviation fuel for air operations. Amnesty International separately...
Frontline Prints a Seven Ship VLCC Term Benchmark Near 77000 a Day
Frontline has fixed seven VLCCs on one year time charters at $76,900 per day per vessel, with start dates spread from late January through April 2026. The deal set is being treated as a...
Red Sea Alertness Returns as Houthi Messaging Reappears and U.S. Carrier Movement Re-enters the Risk Picture
A fresh Houthi threat signal has reappeared publicly, paired with renewed attention on U.S. naval posture as the USS Abraham Lincoln carrier strike group moves toward the region. Even without a confirmed new strike...
French Detention Action Raises the Bar for Shadow Fleet Voyages
French naval forces intercepted the oil tanker Grinch in the western Mediterranean and redirected it to the Marseille Fos area as authorities opened a maritime-law investigation focused on flag authenticity and navigation documentation. The...
Finland sets up Baltic Subsea Monitoring Center with EU and regional partners
Finland’s Border Guard says it is working with the European Commission and other Baltic Sea countries to stand up a maritime surveillance center focused on protecting critical undersea infrastructure in the Gulf of Finland....
False-flag tanker count jumps as Windward flags 285 vessels using fraudulent registries
Windward data shows about 285 internationally trading tankers were broadcasting AIS under a fraudulent registry flag or a false claim of registration with a legitimate flag state as 2025 closed, despite a widening crackdown...
FMC Signals Move to Collect Harbor Maintenance Tax on Land-Entered U.S.-Bound Imports Routed via Canada and Mexico
Two U.S. Federal Maritime Commission commissioners, Max Vekich and Laura DiBella, said the Administration is taking steps tied to Section 6 of the April 2025 Executive Order on restoring maritime dominance to close the...
ADNOC Offshore Award Keeps Middle East EPCI Demand Visible
ADNOC has awarded McDermott a major offshore EPCI package tied to the Nasr-115 Expansion Project at the Al Nasr offshore field in the UAE. The award is being described in the $750 million to...
Alpha Gas returns to LNG newbuilds as 2029 delivery slots sell
Alpha Gas has placed an order for two LNG carriers at Hanwha Ocean’s Okpo yard under a contract disclosed at about KRW 738.3bn (roughly $500m), with deliveries scheduled for 2029. The order was announced...
London Gateway Breaks 3m TEU and UK Box Volume Gravity Tilts Toward the Thames
London Gateway handled more than 3 million TEU in 2025, up from about 1.9 million TEU in 2024, according to DP World reporting. DP World also said its combined UK throughput across London Gateway...
EU ETS Ferry Step Up Faces Growing Resistance
Ferry operators are pushing back harder on EU ETS cost exposure right as the system is scheduled to move from 70% coverage to full coverage. Interferry is calling for the ferry sector’s surrender obligation...
Shadow Fleet Scrutiny Rises as Russia Issues Warnings
UK and regional partners are publicly discussing tougher action against vessels described as part of the Russian “shadow fleet,” with particular attention on ships whose flag status is disputed or unverifiable. Russia has responded...
IEA Puts a 4.25M bpd Q1 2026 Surplus on the Board
IEA just put a big number on the early-2026 balance: the agency says the global oil market is set for a deep surplus in Q1 2026, driven partly by seasonal refinery maintenance that reduces...
2026 Arctic Ice Trials Outlook: Escort Capacity, “Shadow LNG” Workarounds, and a Busier NSR Summer Window
The Arctic story in 2026 isn’t one ice-trial headline, it’s whether Russia can turn winter movement into a repeatable system while the Northern Sea Route (NSR) simultaneously gets more “commercially testable” for non-Russian cargo....