Thursday, April 30, 2026
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Indian registered containership

CMA CGM Transfers Two More Box Ships to Indian Registry

Published Apr 29, 2026 7:05 PM by The Maritime Executive

Officials in India report that CMA CGM is in the process of transferring two more containerships into the Indian registry. The shipping major started the trend last year in an effort to expand its operations in India and to meet new cabotage regulations. Earlier this month, CMA CGM was reported to have transferred the CMA CGM Vila do Conde from sailing under the flag of Malta to India. Built in 2009, it is a 33,434-dwt containership with a capacity of...

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tanker

Empty Tankers Are Extending Iran's Ability to Wait Out the U.S. Blockade

Published Apr 29, 2026 7:02 PM by The Maritime Executive

The U.S. Navy's blockade may be preventing Iran from moving much crude to market, but a small number of tankers in ballast have been leaking through, and the extra empty tank capacity appears to be extending the timeline before Iranian producers run out of storage. Previous independent estimates suggest that the full-storage date could come as early as this week, but the specialists at TankerTrackers.com believe that Iran has enough loitering tanker tonnage to keep pumping until mid-June - using...

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largest car carrier Hyundai Glovis Leader

First 10,000 Unit Car Carrier Delivered by China to Hyundai Glovis

Published Apr 29, 2026 6:19 PM by The Maritime Executive

The first car and vehicle carrier in the world to exceed 10,000 units was officially delivered on April 28, marking a new milestone as the sector continues to build out capacity to meet the demand for exports from Asia. In addition to its capacity, the vessel is notable as it is owned by South Korea’s HMM and part of a strategy by Hyundai Glovis to expand and diversify its operations. Named Glovis Leader, the pure car and truck carrier (PCTC)...

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containership arriving in port

Bankrupt Retailer Bed Bath & Beyond Wins Record $45M FMC Claim Against OOCL

Published Apr 29, 2026 5:10 PM by The Maritime Executive

A Federal Maritime Commission administrative law judge awarded a record $45.6 million in reparations to the administrator of the bankrupt retailer Bed Bath & Beyond in its claim against Orient Overseas Container Line (OOCL) stemming from denied service and higher shipping rates during the COVID-19 pandemic. The case has the potential to be a precedent-setting decision for the shippers' complaints against the business practices of carriers during the pandemic. The bankruptcy administrator for the former retailer now known as DF-Butterfly...

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MORE STORIES BY CATEGORY

Offshore

ADNOC

UAE Exits OPEC, Casting Shadow Over the Oil Cartel's Future

The United Arab Emirates has announced a decision to leave the Organization of Petroleum Exporting Countries (OPEC), a major blow to the supply cartel that has exerted influence over global oil prices since 1960. "The UAE’s decision to exit from OPEC reflects a policy-driven evolution aligned with long-term market fundamentals," said UAE energy minister Suhail Mohamed Al Mazrouei in a statement. "We thank OPEC and its member countries for decades of constructive cooperation. We remain committed to energy security, providing...

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Shipbuilding

Canadian Coast Guard vessel launched

First of Canadian Coast Guard’s New Arctic-Offshore Patrol Ships Launched

Canada marked the next milestone in its efforts to renew the fleets of the Canadian Navy and Coast Guard with the floatout of the first of its new Arctic and Offshore Patrol Ships. The future CCGS Donjek was successfully transferred from the building hall on a barge and floated out in Halifax. The construction is part of Canada’s National Shipbuilding Strategy, a long-term plan for what they are proudly saying are “Built by Canadians, for Canada” vessels. Irving Shipbuilding has...

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Environment

WCS sewage pipe

Study: MPAs are Unusually Vulnerable to Wastewater Runoff

Researchers have long understood that land-based pollution sources are a leading cause of environmental harm in the ocean, from plastic wastes to nutrient runoff. Land-based sewage is an issue as well, and it turns out that marine protected areas (MPAs) might be more affected by this form of pollution than the average acre of unprotected ocean, a new study in Ocean & Coastal Management has determined. Working together, researchers from the University of Queensland and the New York-based Wildlife Conservation...

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Business

containership arriving in port

Bankrupt Retailer Bed Bath & Beyond Wins Record $45M FMC Claim Against OOCL

A Federal Maritime Commission administrative law judge awarded a record $45.6 million in reparations to the administrator of the bankrupt retailer Bed Bath & Beyond in its claim against Orient Overseas Container Line (OOCL) stemming from denied service and higher shipping rates during the COVID-19 pandemic. The case has the potential to be a precedent-setting decision for the shippers' complaints against the business practices of carriers during the pandemic. The bankruptcy administrator for the former retailer now known as DF-Butterfly...

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