Maritime Reader

MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY

May 2026

Page 10 · articles 451–500

ContainerFreightWaves·5 days ago

New Georgia inland port poised to take 26,000 truckloads off the road

The Georgia Ports Authority has officially opened an inland rail hub it estimates will take 26,000 truckloads of freight off highways annually.   The Gainesville Inland Port opened May 4, with direct rail service provided by Norfolk Southern (NYSE: NSC) five days a week between northeast Georgia and the Port of Sa

GeneralSplash247·5 days ago

Global Maritime Forum refreshes board with ING, Navigator executives

The Global Maritime Forum has reshaped its board, bringing in fresh voices from shipping and finance while long-serving members step down after reaching term limits. Stephen Fewster, global lead for shipping finance at ING Bank, and Mads Peter Zacho, chief executive of Navigator Holdings, have been appointed as new bo

ContainerFreightWaves·5 days ago

CMA CGM container ship hit by missile in Strait of Hormuz

The United States paused naval escorts of merchant ships in the Strait of Hormuz Tuesday after a missile attack on a container ship resulted in injuries to crew. Reports said that the 2,800-TEU CMA CGM San Antonio had switched off its identification system prior to commencing transit from Dubai.

TankersSplash247·5 days ago

Stainless Tankers reshuffles top management

Oslo-listed Stainless Tankers is reshaping its leadership, with a change at both board and executive level as the Tufton-backed owner prepares for its next phase. Chairman Ted Kalborg will step down from the board, with the company proposing that current chief executive Andrew…

GeneralSplash247·5 days ago

Hormuz toll authority goes live

The Trump administration’s Project Freedom operation to guide stranded vessels out of the Persian Gulf through the Strait of Hormuz has been suspended after just two days, as Iran pressed ahead with attacks on commercial shipping and unveiled a formal toll collection…

GeneralSplash247·5 days ago

Ship recycling’s ambition problem

Defending today’s demolition model may be pragmatic, but it risks locking the industry into a compromise it was never meant to keep, argues Captain Soumitro Roy from the Elegant Exit Company. Dr Anand Hiremath is right about one thing: South Asia has ship recycling capacity, and it is improving.

ContainerSplash247·5 days ago

OOCL challenges FMC court system after $45m ruling

Orient Overseas Container Line (OOCL) has launched a legal challenge against the Federal Maritime Commission, arguing the regulator’s in-house adjudication process is unconstitutional following a $45m ruling against the liner operator. In a filing submitted to a federal…

ContainerSplash247·5 days ago

CMA CGM looks inland with UAE logistics push alongside AD Ports

France’s CMA CGM Group is pushing further inland in the Gulf, signing a cooperation deal with AD Ports Group to extend its reach beyond the quay at Khalifa port. The liner major, alongside CMA Terminals Khalifa port, has agreed to work with AD Ports to anchor cargo flows across…

TankersSplash247·5 days ago

Japanese owners cash in as aframax prices hit record highs

Nissen Kaiun is capitalising on surging tanker asset values, offloading modern eco aframaxes at levels rarely seen before. The most talked-about sale in this weekend’s broker reports has been the 2018 Tsuneishi-built Pusaka Borneo, a 109,000 dwt, scrubber-fitted vessel.

GeneralSplash247·5 days ago

Bunker supplier TFG Marine links financing to digital delivery records

TFG Marine, Trafigura’s bunker fuel supply business with John Fredriksen’s Frontline and Alex Saverys-led CMB. TECH has secured a working capital facility of up to $300m from DBS Bank, boosting liquidity as it scales up operations and pushes further into digitalised fuel supply.

GeneralFreightWaves·5 days ago

$4 million cargo theft recovery shows what enforcement can do

In a recent case out of the Los Angeles County Sheriff’s Department , investigators recovered nearly $4 million in stolen cargo tied to multiple companies, according to NBC Los Angeles . One arrest was made following a search warrant in Vernon, California.