Heidmar Maritime Holdings Corp., an Athens-based commercial and pool management company servicing the crude and product tanker market, has announced the termination of its agreement to acquire the vessel C/V A. Obelix. The company said the Memorandum of Agreement, originally announced on July 7, 2025, was mutually terminated in accordance with its terms. The deposit […] The post Heidmar Maritime Holdings terminates agreement to acquire C/V A. Obelix appeared first on Container News.

An upper court of Bangladesh on Thursday paved the way for the government to lease out the biggest box terminal of Chittagong Port to Dubai-based global port operator DP World. In a verdict, the High Court bench of Justice Zafar Ahmed said the government’s act of handing over the New Mooring Container Terminal (NCT) to […] The post Bangladesh set to lease out Chittagong’s NCT to DP World following court verdict appeared first on Container News.

The Federal Maritime Commission assessed civil penalties totaling $22.67 million against MSC Mediterranean Shipping Company. The enforcement proceeding concluded with findings of three types of Shipping Act violations. The Commission’s Bureau of Enforcement, Investigations, and Compliance investigated and prosecuted the matter through its Offices of Investigation and Enforcement. BEIC alleged MSC violated the Shipping Act […] The post FMC assesses $22.67 million in civil penalties against MSC appeared first on Container News.

Panama’s Supreme Court has annulled key port concession contracts held by Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison, casting uncertainty over the future ownership of container terminals at the Panama Canal’s Pacific and Atlantic entrances. The ruling affects long-standing contracts dating back to the 1990s that allow Panama Ports Company to operate […] The post Panama Supreme Court annuls port concessions held by CK Hutchison unit appeared first on Container News.

Signal Ocean has announced the strategic acquisition of AXSMarine, a recognized leader in maritime freight and commodities tracking. The move reflects Signal’s commitment to advancing technology, innovation, and collaboration across the global shipping ecosystem. AXSMarine has built a strong suite of products with significant market adoption. Signal Ocean stated the investment underscores a shared belief […] The post Signal Ocean acquires AXSMarine to accelerate shipping innovation appeared first on Container News.