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Splash247
ports February 6, 2026

Panama's Port Decision Sparks Diplomatic Tensions with China

Panama's decision to revoke Hong Kong’s CK Hutchison's rights to operate the Balboa and Cristobal ports has escalated diplomatic tensions with China, as reported by Splash247. President José Raúl Mulino announced that Panama will no longer grant port concessions to a single company, a move that has drawn criticism from China.

Balboa (PA) Cristobal (PA)
Splash247
fleet February 6, 2026

Mercuria Eyes New VLCC Orders with Chinese Shipbuilder

Mercuria is reportedly in discussions with CSSC’s Dalian Shipbuilding Industry Corp (DSIC) for the potential order of up to four very large crude carriers (VLCCs), each with a capacity of 306,000 dwt, as reported by Splash247. This move marks a return to Chinese shipyards for the Swiss commodity trading group.

Splash247
operations February 6, 2026

CMA CGM Plans Electric Barge for Fos–Lyon Corridor

CMA CGM is advancing efforts to enhance inland container transport on the Mediterranean–Rhône–Saône corridor with an electric and hybrid river barge project, as reported by Splash247. The French shipping company aims to deploy the electric barge on the Fos–Lyon axis within two years, alongside a €40 million upgrade of the Lyon Rhône terminal.

Splash247
ports February 6, 2026

Panama-China Port Dispute Intensifies Amid Supreme Court Ruling

A landmark Supreme Court ruling has invalidated CK Hutchison's long-held concession contracts for two key ports at the Panama Canal, escalating tensions between Panama and China, as reported by Splash247. This development has been a constant source of headlines, highlighting the strategic importance of these ports.

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