regulations News

Latest maritime regulations updates and reports

gCaptain
regulations May 27, 2026

GMS Gains U.S. Approval to Scrap Sanctioned Ships

Dubai-based GMS has received approval from the U.S. government to scrap four container ships previously under Iran-related sanctions, as reported by gCaptain. This decision may help reduce the shadow fleet of vessels, potentially impacting maritime operations.

Splash247
regulations May 25, 2026

SS Teo Steps Down Amid US DOJ Container Cartel Allegations

Teo Siong Seng, executive chairman and CEO of Singamas Container Holdings, has taken a leave of absence from several high-profile positions to address allegations from the US Department of Justice regarding a global container cartel, as reported by Splash247. The 71-year-old Singaporean shipping veteran is preparing to contest these claims.

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