Author: Maritime Current News

Ports and Shipping

CK Hutchison Suspends Panama Port Activities over ‘Unlawful’ Takeover Claim

Panama Ports Company (PPC) container terminals in Cristobal and Balboa, following a ruling by the Panama Supreme Court of Justice that declared the PPC concession unconstitutional. An Executive Decree issued by the President of Panama mandated the occupation of the terminals by the state, leading government representatives to arrive unannounced and assume control. PPC employees were instructed to comply with government directives, transfer out of PPC, and cease communications with the company, under threat of criminal prosecution, effectively giving the state full control of the facilities.

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Ports and Shipping

PSA Panama Launches Advanced Container Scanner and Inspection Area to Boost Trade Security

PSA Panama has inaugurated a state-of-the-art fixed container scanner and a new physical cargo inspection area at UNITEC, marking a key milestone in its Master Plan to elevate service standards to a world-class level. These advanced facilities are designed to enhance Panama’s capacity to prevent and combat illicit activities in international trade, including drug trafficking and smuggling, while strengthening trust in the country’s logistics ecosystem through collaboration between public and private sectors.

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Maritime Environment Policy and Law

Cameroon announces Crackdown as 13% of Sanctioned Dark Fleet Tankers Fly Its Flag

Cameroon has announced a sweeping crackdown on its ship registry after becoming a major flag state for sanctioned shadow fleet tankers, which now account for 13% of all sanctioned vessels broadcasting their flag via AIS in 2026.
The Government of Cameroon has pledged to deregister all shadow fleet tankers following diplomatic representations from Brussels and mounting scrutiny over a surge in registrations from sanctioned and previously stateless vessels in late 2025 and early 2026. According to Windward Maritime AI™ intelligence, more than 20 vessels reflagged to Cameroon in the past 30 days, and 43 in the past 60 days. Most of these tankers were previously flagless or stateless after using fraudulent registries or being removed by other flag administrations under international pressure.

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Maritime Environment Policy and Law

Scientists Discover Globe-Trotting Marine ‘Sea Monsters’ that Lived 250 Million Years Ago after Mass Extinction

The arid plains of the Kimberley region in Western Australia may seem far removed from the sea today, but around 250 million years ago the landscape was submerged beneath a shallow bay teeming with early marine life. New research has uncovered evidence that this ancient ecosystem was home to diverse, globe-trotting marine amphibians that thrived shortly after Earth’s most devastating mass extinction event.

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Maritime Safety , Security and Technology

US Shipbuilder HII Integrates AI to Automate Unmanned Shipbuilding Tasks

HII, a leading U.S. shipbuilding firm, is set to enhance unmanned shipbuilding operations by testing artificial intelligence (AI) to automate welding tasks. The Virginia-based company has signed a memorandum of understanding (MOU) with Path Robotics, aiming to integrate AI-driven welding into shipbuilding production. This move is expected to improve throughput, strengthen the maritime industrial base, and support the shipbuilding workforce.

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Maritime Safety , Security and Technology

Maritime Labour Convention Marks 20 Years: ILO and IMO Reaffirm Commitment to Seafarers’ Rights

The International Labour Organization (ILO) and the International Maritime Organization (IMO) are celebrating the 20th anniversary of the Maritime Labour Convention, 2006 (MLC, 2006), a landmark treaty that has transformed working and living conditions for seafarers worldwide while promoting fair competition in global shipping.
Adopted on 23 February 2006 through a historic tripartite consensus involving governments, shipowners, and seafarers, the MLC, 2006 established a comprehensive global framework regulating employment conditions, wages, working hours, accommodation, health care, welfare, and social security for seafarers. Strong compliance and enforcement mechanisms have ensured that these standards are implemented effectively, contributing significantly to decent work at sea.

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Maritime Trade & Economy

EU Rejects any US Tariff Increases after Supreme Court Ruling: ‘A Deal is a Deal’

The European Commission has urged the United States to fully respect the terms of last year’s EU-U.S. trade agreement following the U.S. Supreme Court’s decision to strike down former President Donald Trump’s global tariffs. The Commission, representing all 27 EU member states, called on Washington to provide “full clarity” on its next steps after the ruling.

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Maritime Trade & Economy

US Customs to Halt Collection of Supreme Court-Blocked Tariffs Starting Tuesday

The United States will stop collecting certain import tariffs ruled illegal by the Supreme Court starting early Tuesday, according to an announcement by U.S. Customs and Border Protection (CBP).
CBP confirmed that it will halt the collection of tariffs imposed under the International Emergency Economic Powers Act (IEEPA) at 12:01 a.m. EST (0501 GMT) on Tuesday. The move comes more than three days after the U.S. Supreme Court determined that the duties were unlawful.

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Maritime Safety , Security and Technology

Italy Launches First Next-Generation OPV Ugolino Vivaldi to Strengthen Italian Navy Maritime Security

Italian shipbuilder Fincantieri has launched Ugolino Vivaldi, the first of four next-generation Offshore Patrol Vessels (OPVs) ordered by the Italian Navy, marking a significant milestone in Italy’s naval modernization program. The 95-meter vessel is designed to enhance maritime surveillance, protect Italy’s Exclusive Economic Zone (EEZ), and reinforce sea line security operations across the Mediterranean.

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Maritime Trade & Economy

Trump Increases Global Tariffs to 15% Following Supreme Court Decision

US President Donald Trump has announced a sharp escalation in US trade policy, raising global tariffs to 15% just one day after a landmark ruling by the Supreme Court of the United States struck down his previous tariff measures.
The move increases the tariff rate from the 10% announced last Friday, when Trump invoked Section 122 of the Trade Act of 1974, a rarely used provision that allows the president to impose tariffs of up to 15% for a period of 150 days. Under the law, Congress must take action if the tariffs are to remain in place beyond that timeframe.

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Maritime Trade & Economy

Oman’s Non-Oil Exports Rise 7.5% to RO 6.7 Billion in 2025 Amid Strong Re-Export Growth

Oman achieved a notable boost in its foreign trade performance in 2025, driven by a surge in non-oil exports and re-export activities, even as oil export revenues declined due to falling global crude prices.

According to the latest monthly statistical bulletin by the National Centre for Statistics and Information (NCSI), Oman’s non-oil exports increased by 7.5%, reaching approximately RO 6.7 billion in 2025, up from RO 6.2 billion in 2024. Re-export activities recorded even stronger growth, rising 20.3% from RO 1.708 billion in 2024 to RO 2.056 billion last year.

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Maritime Trade & Economy

Cuba-Bound Tanker Carrying Russian Fuel Tests Trump Blockade amid Deepening Energy Crisis

A tanker believed to be carrying Russian fuels is en route to Havana, Cuba, in a development that could challenge the oil blockade imposed by U.S. President Donald Trump’s administration amid a worsening energy crisis on the island. According to maritime intelligence provider Kpler Ltd, the vessel Sea Horse is expected to arrive in early March 2026 with nearly 200,000 barrels of Russian gasoil, a diesel-type fuel essential for transportation and power generation. The shipment was loaded via a ship-to-ship transfer off the coast of Cyprus, Matt Smith, lead oil analyst at Kpler.

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Ports and Shipping

Drewry World Container Index Falls 1% to $1,919 as Transpacific and Asia–Europe Rates Continue to Weaken

The Drewry World Container Index (WCI), a widely used independent global benchmark for index-linked ocean freight contracts, declined 1% to $1,919 per 40ft container on Thursday, 19 February 2026. This marks the sixth consecutive weekly drop, driven by falling spot rates on the Transpacific and Asia–Europe trade routes.

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Maritime Environment Policy and Law

Colombia, Senegal and South Africa Join IMO GreenVoyage2050 Programme to Reduce Shipping Emissions

Colombia, Senegal and South Africa have been selected as 2026 partner countries of the International Maritime Organization (IMO) GreenVoyage2050 Programme, a technical cooperation initiative supporting the implementation of the 2023 IMO Greenhouse Gas (GHG) Strategy. Under the programme, GreenVoyage2050 will assist the three countries in developing National Action Plans, which will serve as strategic roadmaps outlining national measures to reduce GHG emissions from shipping. The support provided through the GreenVoyage2050 Programme and IMO’s Integrated Technical Cooperation Programme (ITCP) will be tailored to each country’s priorities, including expert technical guidance, stakeholder engagement, and administrative coordination.

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