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ONE and Chinese Shipbuilder Increase Investment in Owner/Lessor Seaspan

ONE and Chinese Shipbuilder Increase Investment in Owner/Lessor Seaspan

By The Maritime Executive
March 12, 2026
Three years after taking Seaspan, the leading owner/lessor of containerships to the leading carriers, private Ocean Network Express is set to become its largest shareholder, along with the addition...
COSCO Cancels Container Service at Balboa in Panama

COSCO Cancels Container Service at Balboa in Panama

By The Maritime Executive
March 11, 2026
  China’s state-owned shipping company COSCO Shipping Lines informed customers in a memorandum dated March 10 that it has suspended all services at the Port of Balboa, Panama, at the Pacific termin...
China Reports it Held “Talks” with Maersk and MSC in Beijing

China Reports it Held “Talks” with Maersk and MSC in Beijing

By The Maritime Executive
March 10, 2026
  China’s Ministry of Transport issued a one-sentence notice reporting it had held “talks” with both Maersk and MSC Mediterranean Shipping Company. While no details were announced, it quickly raise...
Trump Administration Details $20B Maritime Reinsurance to Get Oil Moving

Trump Administration Details $20B Maritime Reinsurance to Get Oil Moving

By The Maritime Executive
March 6, 2026
  With the global energy markets in disarray, the Trump administration moved quickly and, late on Friday, March 6, announced more details on its plans for a $20 billion maritime reinsurance program...
Shipping Concerns Grow as Maersk and Hapag-Lloyd Suspend Routes

Shipping Concerns Grow as Maersk and Hapag-Lloyd Suspend Routes

By The Maritime Executive
March 6, 2026
  Container shipping continues to reel as the war in the Persian Gulf reaches its first week, and U.S. and Israeli officials are saying it could continue for weeks. Against that backdrop, an announ...
CK Hutchison Seeks $2B in Damages from Panama as It Takes More Legal Steps

CK Hutchison Seeks $2B in Damages from Panama as It Takes More Legal Steps

By The Maritime Executive
March 6, 2026
CK Hutchison and its Panama-based subsidiary, the Panama Ports Company, have taken a series of additional legal steps in the ongoing dispute over the concession to operate terminals in the ports of...
Norwegian Takes Delivery on New Cruise Ship in Long-Term Growth Plan

Norwegian Takes Delivery on New Cruise Ship in Long-Term Growth Plan

By The Maritime Executive
March 5, 2026
Fincantieri and Norwegian Cruise Line celebrated the delivery of the Norwegian Luna, the second ship in the company’s Prima Plus class and the midpoint of a six-ship order, which will later be follo...
Insurance and Naval Escorts May Not be Enough to Reboot Gulf Shipping

Insurance and Naval Escorts May Not be Enough to Reboot Gulf Shipping

By The Maritime Executive
March 4, 2026
War risk at the Strait of Hormuz continues to deter shipowners from venturing near to Iran, and AIS-active traffic remains 90 percent below normal levels, according to MarineTraffic. Despite the haz...
Oman Rescues Crew of UAE Containership Struck by Missile

Oman Rescues Crew of UAE Containership Struck by Missile

By The Maritime Executive
March 4, 2026
A small feeder containership, Safeen Prestige, became the fourth vessel targeted by the Iranians in and around the Straits of Hormuz over the past 24 hours. The Royal Navy of Oman reports it evacuat...
Report: MSC and BlackRock Push to Complete Hutchison Deal for Port Ops

Report: MSC and BlackRock Push to Complete Hutchison Deal for Port Ops

By The Maritime Executive
March 3, 2026
Nearly a year after the deal was first announced for a consortium of MSC Mediterranean Shipping Company and U.S. investment group BlackRock to acquire the global port operations of Hong Kong-based C...

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