Ocean Transportation

Iran Says Hormuz Closed Again as Talks With U.S. Set to Open

Sat, 20 Jun 2026 18:19:34 -0400

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 Announces Plan to Charge Fees in Strait of Hormuz

Thu, 18 Jun 2026 16:13:08 -0400

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.

DP World Seeks Return to U.S. Container Operations at Texas Port

Thu, 18 Jun 2026 00:00:00 -0400

DP World exited the U.S. port business in 2006 over security concerns raised by some American lawmakers citing Sept. 11 terrorists’ links to the United Arab Emirates.

Imports Up, Exports Down at Port of LA

Wed, 17 Jun 2026 09:56:38 -0400

The 26% increase in imports was caused in part by softer import volume in May 2025, when many cargo owners temporarily paused shipments because of changing tariff policies.

CSCMP's State of Logistics Report: Get Used to the Fog

Wed, 17 Jun 2026 00:00:00 -0400

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

Transportation Secretary Announces American Supply Chain Sovereignty Initiative

Fri, 12 Jun 2026 17:19:12 -0400

Initiative will launch a “high-visibility dashboard” connecting major transportation hubs directly to ocean carriers, trucking companies, railroads and retailers, Sean Duffy said.

Trump’s Energy Chief Says Half of Hormuz Stoppages Restored

Fri, 12 Jun 2026 13:49:15 -0400

Chevron Corp. Chief Executive Officer Mike Wirth said there are indications that flows through the strait are probably not as high as the energy secretary said.

Ships, Seafarers Stuck in Gulf Face Tough Choices

Fri, 12 Jun 2026 10:10:27 -0400

Opening the Strait of Hormuz remains Iran’s most valuable bargaining chip; one it seems eager to retain after seeing the drastic effect its closing has had on world trade.

$3.4B PoLA Budget Approved

Fri, 12 Jun 2026 00:00:00 -0400

The budget plan includes anticipated total operating revenues of $826 million, a 26% increase.

DNV joins DCSA+ Container Shipping Data Exchange

Thu, 11 Jun 2026 13:31:03 -0400

DCSA says the collaboration will support the development and implementation of shared industry standards aimed at improving interoperability and enabling more seamless data exchange across stakeholders.

India Condemns U.S. Strikes on Three Ships That Killed Sailors

Thu, 11 Jun 2026 06:00:00 -0400

Three foreign-flagged vessels carrying Indian crew have recently been attacked by the U.S. Navy.

Oil Crunch Is Stoking Asia’s Demand for Coal, Shipping CEO Says

Thu, 11 Jun 2026 00:00:00 -0400

The effective closure of the Strait of Hormuz in early March has driven Asian buyers to look for alternative sources to replace disrupted Persian Gulf barrels.

Cuba Poised for Biggest U.S. Fuel Shipment Since Cold War Embargo

Wed, 10 Jun 2026 11:39:39 -0400

The Trump administration is pushing to bring about political and economic reforms to the island via a combination of sanctions, cutting off its access to energy supplies.

Giant Oil Supertanker Orders Eclipse Record Set in 2008

Tue, 09 Jun 2026 00:00:00 -0400

The tankers boom, and the potential for it to seed the next downturn, was a constant talking point at the industry’s biennial Posidonia gathering in Athens, June 1-5.

Houthis to Impose ‘Complete Ban’ on Israeli Ships in Red Sea

Mon, 08 Jun 2026 10:07:40 -0400

While the Houthis’ statement doesn’t amount to a ban on commercial shipping in the Red Sea, maritime intelligence agency Vanguard Tech advised caution.

Xeneta: Massive Freight Rate Increases Driven by War and Energy Crisis Fears

Sun, 07 Jun 2026 11:58:39 -0400

If shippers look to frontload imports, then carriers will look to push rates higher and higher, so the market may yet be far from its peak, warns the analyst.

First Oil Supertanker Moors at Kharg Island in Almost a Month

Thu, 04 Jun 2026 10:08:23 -0400

The blockade is depriving Tehran of petroleum revenue and the market of millions of barrels of supply.

Panama Canal Considers Water Limits to Thwart El Niño Impacts

Thu, 04 Jun 2026 00:00:00 -0400

The authority overseeing the Central American waterway is revisiting lessons learned from Panama’s 2023-24 drought in the face of what's predicted to be a “super El Niño.”

Hormuz Gauntlet Runner Says Trump Has Been Good for Shipping

Wed, 03 Jun 2026 00:00:00 -0400

The company has managed to send at least eight oil tankers through Hormuz during the war, far more than any other independent owner.

IRGC Attacks MSC Containership in Gulf

Tue, 02 Jun 2026 15:00:00 -0400

The Islamic Revolutionary Guards Corps claimed responsibility for the attack, saying it acted in response to U.S. strikes on an Iranian vessel.

Japan’s Takaichi Urges Passage of Vessels in Call With Iran

Tue, 02 Jun 2026 13:41:49 -0400

Japanese shipowners are typically conservative, and few Japan-linked vessels have passed through the Strait of Hormuz since Tehran effectively closed off the waterway.

Strait of Hormuz Ship Transits Are Rising Thanks to U.S. Help

Sun, 31 May 2026 15:30:20 -0400

Some of the ships that have crossed belong to companies that hadn’t transited Hormuz since the war began.

Quarter of Big Oil Tankers Trapped by Iran War Have Escaped

Fri, 29 May 2026 12:52:44 -0400

Control over the corridor is central to tortuous negotiations between the U.S. and Iran aimed at ending the conflict.

U.S. Denies Iran Report on Draft Peace Deal to Reopen Hormuz

Wed, 27 May 2026 11:00:00 -0400

Both Iran and the U.S. have said their talks, via mediators such as Pakistan and Qatar, are making progress.

Swiss Trader Had Lucrative Role Getting Iraqi Oil Through Hormuz

Tue, 26 May 2026 09:51:35 -0400

The outsized profits on offer for getting cargo out are drawing wide-ranging interest — from established players in the oil market to relative newcomers.

Japan to Receive First Oil Tanker to Exit Hormuz Since War Began

Fri, 22 May 2026 09:17:04 -0400

The Idemitsu Maru, a very large crude carrier that passed through the waterway in late April, could dock as soon as May 25.

Iran in Talks With Oman Over Permanent Toll System for Hormuz

Thu, 21 May 2026 08:44:48 -0400

Tehran has signaled it will keep control over Hormuz even after the war, to deter future attacks from the U.S. and Israel.

India Prepares to Send Oil Tankers Through Hormuz for New Supply

Wed, 20 May 2026 08:20:09 -0400

State-owned Shipping Corp. of India is ready to go back to the Persian Gulf once it has approval from the Indian Navy.

UN Cuts Global GDP Growth Forecast

Wed, 20 May 2026 00:00:00 -0400

UN Department of Economic and Social Affairs Director Shantanu Mukherjee said that this would represent one of the weakest growth rates so far this century.

U.S., Iran Stall on Hormuz Reopening as Oil Supplies Tighten

Mon, 18 May 2026 00:00:00 -0400

Iran has shown little interest in loosening its hold on the waterway, insisting it wants to maintain a degree of control even after the end of the war.