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OL  News

2602, 2026

Shippingtelegraph: Panama takes over Hutchison’s terminals control; APMT begins operations at Balboa

By |February 26th, 2026|

Hong Kong’s CK Hutchison Holdings Limited (CKHH) said Panama state on Monday took over the administrative and operational control of PPC’s terminals at the two ports – Balboa and Cristobal. The move comes after Panama’s Supreme Court of Justice ruled last month against Panama Ports Company S.A. (PPC),

2602, 2026

Maritime Executive: U.S. Treasury Sanctions 12 More Shadow Fleet Vessels Linked to Iran

By |February 26th, 2026|

On Wednesday, the U.S. Treasury's Office of Foreign Asset Control (OFAC) imposed sanctions on 12 more "shadow fleet" vessels linked to Iranian petroleum exports. It is the latest in a long string of actions aimed at Tehran's sanctioned oil trade, which is a financial lifeline for the Iranian regime. 

2602, 2026

Maritime Executive: An American Energy Company is Preparing to Drill for Oil in Greenland

By |February 26th, 2026|

U.S. President Donald Trump has repeatedly called for the annexation of Greenland on national security grounds, noting the increased activity of other powers in the region. Greenland's rich deposits of rare earth elements also come up in the heated debate over the island's ownership.

2602, 2026

Splash247: Jeremy Nixon hands reins of ONE to Till Ole Barrelet after eight‑year run

By |February 26th, 2026|

Jeremy Nixon, who has been CEO of Japanese liner Ocean Network Express (ONE) since it was founded in 2018, will move aside at the start of July, with Till Ole Barrelet, formerly head of Emirates Shipping Line (ESL), taking over. Nixon will stay on as a senior advisor.

2602, 2026

Splash247: Lloyd’s Agency Network moves to Lloyd’s List Intelligence

By |February 26th, 2026|

Commercial insurance market Lloyd’s will transfer management of the Lloyd’s Agency Network to Lloyd’s List Intelligence (LLI) from April, bringing one of shipping’s longest-running portside information networks under the control of the maritime data provider.

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