Iran’s declaration on June 20 will likely make more risk-averse shipowners with vessels that have been trapped inside Hormuz for months more wary of exiting.

Iran's chief negotiator Mohammad Bagher Ghalibaf said that the strait still needs to be managed, despite progress made on negotiations with the U.S.

The bureau will conduct a "broad examination" of Canada's food supply chain, including harvesting, production, processing, logistics and transportation.

Lloyd's List maritime data found that ships that have been trapped in the strait since February have already started exiting the waterway.

The surge in U.S. exports, however, doesn’t come close to meeting Cuba’s acute needs as the nation of 10 million people runs short of food and fuel.

Prime Minister Mark Carney said the office hadn’t been “effective” since it was set up in 2019.

Redesign the operating model, not just the network, the annual report's authors concluded.

There are over 40 vessels laden with fertilizer in the strait, according to tanker-tracking data compiled by Bloomberg and Kpler.

The new rules are designed to ensure that the final prices of food products better reflect production costs, while providing more income to farmers.

This comes as the Trump administration has sought to pressure trade partners to strengthen their own forced labor enforcement measures.