Friday, February 27, 2026
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Containers port of Cristobal Panama

Panama’s Ports Resume Operations as Investigations Continue

Published Feb 27, 2026 4:02 PM by The Maritime Executive

Government officials and the Panama Maritime Authority are highlighting the resumption of operations at the ports at each terminus of the Panama Canal as they work to complete the transition to Maersk’s AMP Terminals and MSC’s Terminal Investments Limited (TiL). However, at the same time, additional investigations are reported to be underway on the former operator, the Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison. Restoring the operations was critical both to the country and to sending a...

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Maersk containership in the Suez Canal

Maersk Temporarily Retreats from Red Sea Sailings for Two Routes

Published Feb 27, 2026 3:08 PM by The Maritime Executive

Maersk informed customers today, February 27, in an alert that it is retreating from its move back to the Suez – Red Sea corridor for two of its routes, including sailings for its Gemini Cooperation with Hapag. The company called it “temporary adjustments,” citing “unforeseen constraints,” but it is likely to have wider implications for the broader industry's return to routes through the Red Sea. “We are currently experiencing unforeseen constraints arising from the wider operating environment?in the Red Sea...

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container floating in ocean with tugboat

Containership Spills 85 Boxes Overboard Forcing Suspension at Casablanca

Published Feb 27, 2026 11:23 AM by The Maritime Executive

Port officials ordered a suspension of operations overnight at the Port of Casablanca in Morocco as they were dealing with an overboard incident with containers near the entrance to the harbor. It is unclear when operations would resume as daylight revealed numerous containers floating in the port’s fairway. The National Ports Agency issued the suspension order at approximately 2300 local time on Thursday, February 26, saying transit was unsafe due to the incident. Media reports indicate operations at the port...

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PCG servicemembers deliver the bodies of recovered victims from the Trisha Kerstin 3 sinking (PCG file image)

Four Philippine Coastguardsmen Dismissed Without Honor Over Ferry Sinking

Published Feb 26, 2026 11:22 PM by The Maritime Executive

The Philippine Coast Guard has dismissed four servicemembers with dishonorable discharges in connection with the loss of the ferry Trisha Kerstin 3, which resulted in at least 65 deaths. Unlike other maritime nations, the PCG conducts a pre-departure inspection and signoff before every voyage for merchant vessels. This means that PCG personnel bear some responsibility for the condition of the vessel when it leaves the dock, including its loading arrangements. Survivors claim that the Trisha Kerstin 3 was heavily overloaded...

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MORE STORIES BY CATEGORY

Offshore

Maersk Offshore Wind Turbine Installation Vessel

Seatrium Delivers WTIV to Maersk Offshore Wind

The next-generation wind turbine installation vessel, which became the center of a dispute before it was completed, has been successfully delivered, with both companies now celebrating the possibilities. Seatrium reports it completed the delivery on February 26 after sea trials and final readiness evaluations at the Tuas Boulevard Yard in Singapore, while Maersk Offshore Wind is calling the ship the first in its journey towards growing a future-ready fleet. Maersk Offshore Wind, which is owned by the investment company A.P....

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Shipbuilding

Greek Foreign Minister

Hanwha and Greece’s Onex Shipyards Partner to Expand U.S. Shipbuilding

A new trilateral agreement was formalized between Onex Shipyards & Technologies, which is working to revitalize Greek shipbuilding, and South Korea’s Hanwha Power Systems, with American officials looking on during the signing event. According to the reports, the effort will support the efforts in Greece but also looks to leverage the emerging opportunities in the United States under the Trump administration’s U.S. Maritime Action Plan. Onex reports that the agreement focuses on the development of newbuildings with LNG capacity as...

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Environment

Trawlers

Study: Ocean Warming Puts "Constant Negative Pressure" on Fish Populations

A new meta-study published in Nature Ecology & Evolution suggests that ocean warming has an outsize impact on the total amount of fish in the water, enough to have major implications for global fisheries. The study, led by researchers at Spain's Museo Nacional de Ciencias Naturales, looked at hundreds of thousands of studies of fish populations in the Northern Hemisphere over a period of nearly 30 years, spanning 1993-2021. The vast data set covered more than 1,500 fish species and...

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Business

Canadian-flagged Great Lakes bulker

Algoma Central Buys Mainstay Maritime’s Canadian Great Lakes Shipping

Canada’s Algoma Central, already one of the largest dry and liquid bulk carriers for the Great Lakes-St. Lawrence region, has agreed to buy three Canadian operating companies and six Canadian-flagged Lakers from Mainstay Maritime (formerly Rand Logistics). The transaction will permit each company to expand its Great Lakes operations under its respective flags. Mainstay Maritime is the newly launched brand name for the former Rand Logistics, and after the acquisition by Oaktree Capital completed in 2023, and the spinout with...

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