Bordelon Marine completes Lilly Bordelon conversion to ULIV Lockport, La.-based Bordelon Marine has completed the conversion and redelivery of the MV Lilly Bordelon, a Stingray Series 260 Class DP-2 Ultra-Light Intervention Vessel (ULIV). "We are proud to welcome the M/V
VIDEO: U.S. sea drones strike Iranian naval assets In America's first use of sea drones in combat operations, CENTCOM forces successfully struck a submarine and ship maintenance facility in Iran, July 12, 2026. Three Corsair unmanned surface vessels hit the
New Isles of Scilly ferry Scillonian IV set to start sea trials The Isles of Scilly Steamship Group reports that its new purpose-built passenger ferry, Scillionian IV, will be entering the sea trials phase in Vietnam this week. This marks a significant milestone in
Heerema: Data-driven voyage optimization delivers on Sleipnir winter transit Heerema Marine Contractors says that during the winter transit of its semi-submersible crane vessel (SSCV) Sleipnir, from Rotterdam to New York at the end of 2025, it demonstrated how data, technology and
German manager completes fleet-wide rollout of 300 CMT fuel testing kits Glueckstadt, Germany-headquartered testing and monitoring solutions provider CM Technologies GmbH (CMT) reports that an undisclosed German ship management company has now rolled out CMT's integrated onboard fuel/oil testing and analysis kits on
Turn Services adds M/V War Admiral to ongoing 8-boat construction program Turn Services, New Orleans, La., has added the M/V War Admiral as the second vessel completed in an ongoing eight-vessel construction program. Built by Verret Shipyard, the vessel follows the M/V Sir
Kongsberg Maritime to acquire Berg Propulsion Norway's Kongsberg Maritime ASA (OSE: KMAR) reports that it is to acquire Hönö, Sweden-based Berg Propulsion AB. Financial details of the transaction have not been disclosed. "This acquisition is central in
Moeve and Exolum secure financing for strategic Port of Huelva terminal Moeve and Exolum have secured €105 million in project financing for the Muelle Sur development at the Port of Huelva, supporting the construction of a new terminal designed to strengthen renewable fuel logistics and Europe's energy transition. The financing was arranged through their joint venture, Terminal Puerto Tartessos, with BBVA acting as Sole Bookrunner, Sole Underwriter, MLA and Hedge Coo
IMO adopts Singapore-Led resolution on protection of vital shipping lanes The International Maritime Organization has adopted a Singapore-led resolution on the protection of vital shipping lanes at the 137th Session of the IMO Council. Co-sponsored by 30 member states including Indonesia and Malaysia, the resolution reaffirms the importance of upholding and respecting navigational rights and freedoms for commercial ships transiting through vital shipping lanes, includi
ADNOC L&S orders four new LNG carriers in US$900 million fleet expansion ADNOC Logistics and Services (ADNOC L&S) has ordered four next-generation LNG carriers worth approximately US$900 million, expanding its LNG fleet to meet growing global demand for natural gas. The new vessels, each with a capacity of 175,000 cubic metres, will be built by Jiangnan Shipyard in Shanghai, China. Delivery is scheduled for 2029. The latest order increases ADNOC L&S' LNG newbuild prog
SM Group does not intend to offload HMM stake South Korean conglomerate Samra Midas (SM) Group, parent company of SM Line, is resolutely holding on to its shares in compatriot peer HMM, despite the group's construction business' financial struggles. Despite suggestions that the chaebol should sell off its HMM shares, now valued at around US$630 million, chairman Woo Oh-hyun is reportedly optimistic that the boom in container shipping could h
Port of Rotterdam introduces uniform permit system for port towage The Harbour Master of Rotterdam has introduced a mandatory permit system for providers of port towage services in the port of Rotterdam, establishing uniform quality standards within the nautical chain for the first time in the port's history. The permit requirement, grounded in the European Seaport Regulation and laid down in the Port Regulations, means that tugboat companies cannot offer port t
CEVA Logistics opens Derby distribution centre for UK eCommerce CEVA Logistics has opened a new 508,000-square-foot distribution centre in Derby, expanding its UK contract logistics network to support growing demand from the eCommerce sector. The facility is scheduled to become fully operational in August 2026. It will provide storage, handling and distribution services for global eCommerce customers, helping speed up deliveries across the UK. The new operati
Trump proposes 20% cargo charge for Hormuz Strait security US President Donald Trump has proposed imposing a 20% charge on all cargo transiting the Strait of Hormuz as part of a new US-led maritime security initiative for one of the world's busiest shipping corridors. In a statement published on Truth Social, Trump declared that the Strait of Hormuz "is OPEN, and will remain OPEN, with or without Iran," following heightened tensions in the Middle East an
Maersk adds Jeddah call to AE15 Gemini service Maersk will add a call at Jeddah to its AE15 Gemini Cooperation service from August, further strengthening connectivity between Asia, Europe and Saudi Arabia following the service's return to the trans-Suez route. The new port call follows the previously announced structural change that sees the AE15 service resume transits through the Suez Canal instead of routing vessels around the Cape of Good
Misurata Free Zone signs Italy agreements to boost investment and trade Misurata Free Zone (MFZ) has signed two Memoranda of Understanding (MoUs) with Confindustria Assafrica & Mediterraneo and the Libyan Italian Chamber of Commerce to strengthen economic cooperation and expand investment opportunities between Libya and Italy. The agreements establish a framework for collaboration in investment, trade, logistics, ports and industry. They also aim to attract more Ital
Maersk returns WAF6 service to trans-Suez route Maersk has announced immediate structural changes to its WAF6 service, which will now transit through the Red Sea and Suez Canal as part of the carrier's gradual return to the trans-Suez corridor. The WAF6 service, operated exclusively by Maersk, connects the Middle East, the Mediterranean and West Africa. Under the revised routing, vessels will sail via the Red Sea between Salalah and the West M
Maersk raises emergency contingency surcharge on India-Europe trades Maersk will increase its Emergency Contingency Surcharge (ECS) on shipments from the Indian Subcontinent to North Europe and the Mediterranean, with the revised charges taking effect from the Price Calculation Date (PCD) of 1 August 2026. The surcharge increase applies to cargo moving from North West India, Pakistan, Nepal, South and East India, Sri Lanka, the Maldives and Bangladesh to North Eur
DHL launches dedicated Bangkok-Cincinnati air freight service DHL Global Forwarding has expanded its Transpacific air freight network with a new three-times-weekly cargo service linking Bangkok and Cincinnati, strengthening connectivity between Southeast Asia and the United States. The new "TransPac Connect" solution offers dedicated widebody freighter capacity of up to 100 tonnes per flight. The service is supported by an extensive U.S. road feeder network
Kongsberg Maritime reports record backlog as Q2 newbuild activity accelerates Kongsberg Maritime reported a strong second quarter of 2026, driven by robust newbuild activity, record order intake and a record-high backlog, while continuing to expand its strategic position through acquisitions. The company ended the quarter with an order backlog of NOK 28.4 billion, the highest in its history. Quarterly order intake reached NOK 7.23 billion, resulting in a book-to-bill ratio
Strait of Hormuz attack damages container ship GFS Galaxy, one crew member missing The Cyprus-flagged container ship GFS Galaxy suffered heavy damage during an attack near the Strait of Hormuz, leaving one Indian crew member missing and raising fresh concerns over the security of commercial shipping in the Gulf. India's Ministry of External Affairs (MEA) confirmed that the vessel carried 11 Indian nationals. Rescue teams have recovered 10 crew members, while search efforts cont
Hambantota International Port sets new monthly records Hambantota International Port (HIP) recorded its highest-ever monthly throughput for both RoRo and containers in June 2026, handling 90,219 vehicles and 80,325 TEUs. The record performance came as the Sri Lankan port strengthened operations amid uncertainty surrounding shipping routes in the Middle East. HIP increased capacity and worked closely with customers to ensure uninterrupted services as
Readers Speak: Geopolitical risks seen as shipping's biggest blind spot The latest Readers Speak poll asked readers: What is shipping's biggest blind spot today? The results reveal a clear consensus. Readers believe geopolitical developments remain the industry's most underestimated challenge, outweighing concerns over artificial intelligence, cybersecurity, and port infrastructure. Geopolitical risks dominate industry concerns A decisive majority of readers selected
Kijing Terminal expands container handling capacity with two hybrid RTGs Kijing Terminal has strengthened its container handling capabilities with the addition of two hybrid battery-powered rubber tyred gantry cranes (RTGs), supporting its expansion following the launch of direct container export services. The two Sany Hybrid Full Battery RTGs arrived aboard the MV BILLIE on 4 July and were unloaded at Kijing Terminal in West Kalimantan. Each unit has a safe working l
Desgagnés expands fleet Desgagnés has expanded its fleet with the addition of the Johane A. Desgagnés, a multipurpose cargo vessel acquired from German shipowner Briese Schiffahrts. The vessel, which arrived in Quebec City in May and has now been registered under the Canadian flag, entered service on 12 June. It will support Desgagnés' operations serving remote communities and industries in the Canadian Arctic, includin
Hapag-Lloyd enhances Adriatic network Hapag-Lloyd is strengthening its Adriatic network with an upgraded ADX service and the launch of a new Intra Adriatic Service (IAS), improving connections between Egypt, the Adriatic and Asia. Starting in week 29, the revised ADX service will provide weekly sailings between Port Said, Damietta, Koper and Venice. The carrier said the new rotation offers transit times of four days from Damietta to
Xeneta: Container spot rates stabilise as carriers add capacity Container spot freight rates on the major east-west trades showed signs of stabilising this week as carriers continued to inject additional capacity into the market, according to the latest weekly market update from Xeneta . While freight rates remain at exceptionally high levels following the Strait of Hormuz crisis, Xeneta said the pace of increases has slowed and upcoming mid-July rate hikes a
Diana presses on with Genco takeover push Diana Shipping has extended its tender offer for Genco Shipping & Trading to July 24, keeping its takeover push alive after securing only a modest increase in shareholder support. The Athens-based bulker owner said 11.08m Genco shares had been tendered by the July 10 deadline, representing 29.7% of the outstanding stock it does not already ...
StealthGas to sell blast-damaged LPG carrier Nasdaq-listed StealthGas has settled the insurance claim linked to its damaged LPG carrier Eco Wizard and is preparing to sell the vessel in its current condition. The 40,000 cu m LPG carrier was damaged on July 6 last year while loading ammonia at Russia's Ust-Luga port. The incident triggered an ammonia leak and the evacuation ...
JUB Pacific diversifies fleet with AHTS purchase Singapore-based offshore marine solutions provider JUB Pacific has acquired an anchor handling tug and supply vessel. The company stated that it acquired the 2010-built AHTS Evay, formerly owned by Aussie Offshore Services. It is a DP2 vessel with a bollard pull of 120 tonnes. The financial details of the acquisition were not disclosed. This acquisition ...
Subsea cable alliance targets Scottish power network A consortium of Scottish energy firm SSEN Transmission, Sumitomo, and Van Oord has signed a long-term framework agreement to support the delivery of future HVDC subsea transmission infrastructure across northern Scotland. Together, the businesses aim to support the delivery of future subsea transmission infrastructure required to modernise and expand Scotland's electricity network. The agreement
Cadeler seals $282m loan for offshore wind installation vessel newbuild Offshore wind vessel heavyweight Cadeler has signed a senior secured green term loan facility of €247m to finance part of the construction of its third A-class newbuild offshore wind installation vessel Wind Apex. The 12-year facility is supported by Denmark's Export and Investment Fund (EIFO). The Hongkong and Shanghai Banking Corporation, Singapore branch, acted as ...
CYH Shipping tied to Jiangnan VLGC series Chinese gas carrier owner CYH Shipping has been linked to an order for up to six VLGCs at Jiangnan Shipyard. Shipbuilding sources report the Hong Kong-based company has signed for four firm 90,000 cu m units at the Shanghai yard, with options for two more. The firm ships are expected to deliver in 2030.No price ...
Kongsberg Maritime buys Berg Propulsion Kongsberg Maritime has agreed to acquire Swedish propulsion specialist Berg Propulsion in a deal designed to broaden its reach across commercial vessel segments and deepen its aftermarket business. Financial terms were not disclosed. Kongsberg said the transaction is priced at approximately the same EV/EBITDA level as its own current market valuation and remains subject to ...
Thomas Miller shareholders back UK Club and TT Club takeover UK P&I Club and TT Club have received strong shareholder backing for their proposed acquisition of Thomas Miller Holdings, with acceptances now above 89%. The offer was made on June 18 by TMH Bidco, a special-purpose vehicle jointly established by the two clubs to carry out the transaction. Completion is expected in the fourth quarter ...
China Merchants Energy lines up 10-ship order Shanghai-listed China Merchants Energy Shipping has laid out plans for 10 newbuildings across three shipping segments. The diversified shipping arm of China Merchants Group said its board had approved the construction of five scrubber-fitted aframax tankers at CSSC Dalian Shipbuilding, with deliveries starting in 2029. CMES said the ships form part of a plan to ...
Jiangnan's radical offshore nuclear floating port concept Wolfgang Lehmacher on a Chinese invention that could revolutionise world trade. Chinese shipbuilding company Jiangnan Shipyard has dropped a wildcard onto the maritime table: a floating, nuclear-powered logistics hub that acts as a container terminal, power station, and green-fuel factory far out at sea. Unveiled at the Posidonia exhibition in Athens, this concept feels like ...
Ukraine drone strikes force Azov shipping halt Russia has been forced to suspend shipping through the Sea of Azov after Ukrainian drones targeted scores of Russia-linked vessels in less than a week, in the latest escalation of Kyiv's campaign against Moscow's maritime logistics. Ukraine's unmanned systems chief Robert Brovdi said his units hit 10 tankers and four ferries overnight on Sunday, alongside ...
Hormuz security collapses after boxship attack The security situation in the Strait of Hormuz has deteriorated sharply after a 7,000 teu container vessel operated by Global Feeder Shipping was attacked over the weekend and caught fire, triggering a new round of US and Iranian strikes across the region. The crew abandoned ship and have been rescued, although separate reports from Oman ...
Burns Harbor brings ocean boxes to Chicago's doorstep Chicago, America's third-largest city, is effectively getting its first ocean-served container terminal as Ports of Indiana-Burns Harbor prepares to open a new sea cargo box facility this year. The terminal, located in Portage, Indiana, around 20 miles from Chicago, will be the only all-water container gateway serving the Greater Chicago market via the Great Lakes ...
ADNOC L&S bulker spending nears $74m with fourth acquisition ADNOC Logistics & Services has taken its recent bulker buying spree to four ships, committing just under $74m to secondhand tonnage over the past few months, according to sales register data from VesselsValue. The latest purchase to emerge is the Aliya, a 61,500 dwt ultramax formerly named Haato, which was sold by Greek owner Newport. ...
Petrobras rises as Unipec's tanker dominance weakens The Brazilian state-controlled oil company Petrobras has emerged as one of the biggest gainers in the crude tanker market during the first half of 2026, as disruption in the Middle East shifted tanker demand towards Atlantic Basin crude flows. According to Poten & Partners' Tanker Midterms report, Unipec retained its position as the largest reported dirty ...
How the Hormuz crisis upended first-half crude flows and spot tanker fixtures The plunge of China's Unipec and ascent of Brazil's Petrobras in Poten's dirty cargo fixture data highlights the enormity of...
US to reimpose blockade on Iran US confirms blockade on Iranian ports will be reinstated as the weeks-old ceasefire unravels
The Daily View: For whom the Trump toll tolls
Diana extends Genco tender offer Genco maintains that the offer is 'inadequate' and has urged its shareholders not to accept it
Trump suggests US-imposed fee for Hormuz transits Traffic transiting the Strait of Hormuz has slowed, but not stopped as the US and Iran trade attacks over the...
The Week in Charts: Stateless ships seek quick flag changes before entering European waters | Red Sea return gathers pace as Maersk restores another Suez service Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Ukrainian attacks kill seafarer Commander Robert Brovdi claims 27 vessels were struck in the latest round of drone attacks launched by Kyiv
Middle East port update: Monday, July 13 Port access, cargo operations alongside vessels at berth, and other port activities continue as normal and remain ISPS Level 1
Beijing cites high accident rate to justify Panama ship detentions ahead of bilateral talks China justifies its crackdown on Panama-flagged ships by citing safety data, while easing detentions ahead of diplomatic talks to resolve...
Cosco frees stranded tankers as Hormuz-fuelled rate surge doubles profit Soaring tanker rates during the Hormuz crisis helped Cosco Shipping Energy more than double first-half profit
Russia's oil surge lifts India imports as Hormuz choke bites New Delhi will need to weigh its energy security needs against diplomacy as US waivers on Russia have expired
Daily Briefing Strait of Hormuz conflict escalates as latest Iran strike leaves boxship on fire | Stateless ships seek quick flag changes...
Volume surge boosts OOCL revenue in second quarter The strong Q2 performance is a clear indication of the financial rewards carriers are reaping from frontloading on the two main trades out of Asia.
Booking restrictions for India exports tighten amid rush Ocean carriers are increasing penalties for cancelling orders and not delivering containers for services connecting India to Europe and North America.
Port of Houston's plan for third container terminal put on fast track While the port says the new terminal will not be needed for a decade, work needs to start now to be ready for future volume growth.
US tanker stocks take a dive amid latest Strait of Hormuz turmoil Renewed attempts by both sides in the US-Iran war to blockade the vital Strait of Hormuz sent most tanker stocks into a tailspin in New York on Monday. Public owners felt the sting of the renewed standoff over the strait, which has reversed a recovery in traffic that followed a temporary ceasefire signed between the parties on 17 June. Crude-tanker market bellwether Frontline fell more than 3%, wh
United Arab Emirates said to be plotting bypass of Strait of Hormuz Move comes following months of disruption to key waterway
Diana Shipping buys more time on Genco offer as tendered shares creep higher Tendered shares reach 29.7%, or nearly 40% with Diana holding included
Tankers lead the way in 'uneven' Red Sea recovery, Clarksons says Slow progress being made on wholesale return to key region in other sectors
Sinokor linked to deal for Greek VLCC at strong rate South Korean operator is said to have added to massive fleet with charter deal
Trump says US will run Strait of Hormuz as 'the guardian angel' Washington will be reimbursed 20% of cargo values, resume Iranian naval blockade immediately
Saudi Arabia and Aramco bid to recover as US-Iran fight reignites State-backed Aramco lowered official selling price just before the Strait of Hormuz was shuttered
Tanker fires warning shots after being chased by swarm of boats in Gulf of Aden Incident comes amid renewed fighting between the US and Iran
GNMTC buys Hayfin tanker to set new benchmark price for suezmaxes The last reported deals for suezmaxes of around 10 years old were in March, and those never went through
Major capesize owners cashing in as spot rates savour summer heatwave Miners and operators have been busy in the Pacific, lifting the overall spot market
Chinese shipbuilding heavyweight set for first-half profit surge Value matters more than volume, financial guidance suggests
US demands enhanced security for ships calling in troubled Haiti Armed gangs continue to exert influence over areas near ports
Greek owner Silk Searoad breaks into container ships Andreas Zissimatos-led tanker and bulker firm widens its footprint to a new segment
Maersk extends container ship chartering spree as owners push for longer deals A wave of fixtures is lifting rates, extending periods and bringing older vessels back into favour
Clearlake Shipping linked to multi-year charter of Navios VLCC newbuildings Gunvor's shipping arm is said to be on the hunt for long-term tanker tonnage stretching well into the future
UK P&I and TT Club win backing to buy Thomas Miller in expanded merger plan Insurers say takeover bid gains support from 89% of shareholders
Fledgling Greek LNG importer to buy 50% of Vardinoyannis FSRU Dioriga Gas aims to begin building Greece's second FSRU in 2027
Trafigura brings in banking heavyweight as finance head Trader and shipowner says new recruit will manage global financing strategy
BW-backed Cadeler secures $283m bank loan for offshore wind newbuilding Lending syndicate includes HSBC, KfW IPEX-Bank, Rabobank and DNB Bank
Russian tanker rates plunge as vessel supply strain eases Lower freight costs offer relief to Russian exporters
Iran war has given green marine fuels a price edge, says KPI OceanConnect boss London-based supplier explains the effects of the Middle East conflict on alternative fuels
'Disruption close to optimal': Latest Strait of Hormuz 'closure' sparks shipping stock rally Tanker and bulker owners advance following the latest twists
How tanker chartering and oil trade flows were impacted by Strait of Hormuz closure Poten says cargo volumes dropped nearly 4% over the first six months
Chinese tanker giant sees profit supercharged by Strait of Hormuz chaos Gulf tensions and soaring freight rates reshape first-half earnings
Seafarer killed in ongoing Ukrainian tanker onslaught Russia says attack took place on four ships in the port of Taganrog
Kongsberg Maritime buys Swedish supplier Berg Propulsion Norwegian company reported growing order backlog in second quarter
Greek tanker exits Gulf as Strait of Hormuz transits crash to five-week low Just six vessels tracked crossing the strait on Sunday amid renewed attacks
LPG carrier damaged in Russia sabotage attack to be sold by StealthGas Eco Wizard was hit in potential Ukrainian operation while loading at Ust-Luga
China Merchants Energy unveils 10-ship newbuilding plan in fleet renewal push Orders for five aframaxes tankers, a newcastlemax bulker and four container ships will be split between two Chinese shipbuilders
Lianson Fleet emerges as victor in bulker auction arranged by Chinese lessor Acquisition marks Malaysian shipowner's move into the ultramax sector as it continues to diversify into dry bulk
EU increased Russian LNG imports in first-half 2026 ahead of incoming ban France and Belgium remain top importers from Yamal LNG
Illinois employee driver v. contractor lawsuit now a class action fight A lawsuit against Illinois-based carrier Risinger Brothers Transfer Inc. has been granted class action status, widening the number of drivers in the lawsuit who are ostensibly independent contractors but who claim to have been governed as employees. The U.S. District Court for the Central District of Illinois ruled Friday that the case brought by two drivers at Risinger could be converted into a
Federal grants set $62M for truck parking in five states The U.S. Department of Transportation released grants totaling $1.73 billion for 127 highway, port, rail and air projects across 52 states, territories and the District of Columbia. The announcement by U.S. Transportation Secretary Sean Duffy covers competitive spending requests under the Better Utilizing Investments to Leverage Development (BUILD) grant program, which originated in 2009. The gra
Price of Forever stamp reaches 82 cents It now costs 82 cents to send a letter by First-Class mail after the U.S. Postal Service raised the price of a Forever stamp by 4 cents on Sunday as it tries to turn around its finances. The price of a domestic postcard went up by 4 cents to 65 cents. International postcards cost $1.75, up 5 cents. The Postal Service in early April notified the public of the planned price increase, which was appr
Iran conflict drives up Asia-US container rate by 276% It's a good sign that, after months of supply chain anxiety driven by tariffs and the Strait of Hormuz, shippers can finally welcome some mixed metaphors from shipping analysts. Those characterizations come as spot rates on the benchmark trans-Pacific moderated in the latest week's data despite the now-inflamed conflict gripping the Middle East. "It is still a very challenging market, but there i
'AI Agents Without Context Are Just Guessing Faster' AI agents are only as good as the data they run on. That's the case project44 CEO Jett McCandless made to FreightWaves CEO Craig Fuller on a recent episode of FW Today. McCandless and Fuller discussed how the freight industry should approach AI: both as an internal efficiency lever and as a customer-facing product. project44's Agentic Workflow Manager and the AI orchestration engine underneath it
DHL Forwarding charters 777 cargo jets to beef up Transpacific capacity DHL Global Forwarding this month launched a series of dedicated air cargo flights between Southeast Asia and the Midwest, expanding capacity on its Transpacific network for businesses seeking predictable flight availability. As FreightWaves first reported on May 4, DHL Group's ( DUSS: DHL ) air and ocean freight management arm, has begun service three times per week from Hanoi, Vietnam, and Taipe
Knight-Swift opens 4 LTL terminals Knight-Swift Transportation's less-than-truckload business, AAA Cooper, announced Monday further network expansion with the opening of four new terminals. Additions in Phoenix and Olympia, Washington, provided additional capacity in markets where the carrier has existing operations. Locations in Detroit and Toledo, Ohio, represent new service areas for the company. The Phoenix location is a major
Canada trade gets lifeline as Gordie Howe bridge set to open The $4.7 billion Gordie Howe International Bridge will officially open July 27 after Canada, the state of Michigan and the U.S. government reached an agreement resolving a months-long dispute over toll governance. The bridge's opening cleared the way for one of North America's most significant freight infrastructure projects in decades, trade stakeholders said. "For years, the Canadian trucking i
New chief at busy East Coast box gateway The Georgia Ports Authority didn't have far to go to implement its succession plans. Kevin Price assumed the title of agency president as of July 1. Price, who served as chief operating officer of facilities operator Gateway Terminals of Savannah since 2022, succeeds Griff Lynch, who retains the title of chief executive officer. Kevin Price Price was announced as the new president in February. He
Container ship attacked in Strait of Hormuz as Iran widens war Iran targeted a container ship in the Strait of Hormuz as it widened its war with the United States amid a crumbling ceasefire and climbing gas prices. Iran on Saturday attacked a feeder container ship transiting the Strait of Hormuz. British security monitors reported the vessel had been set afire, and the crew abandoned ship. The 7000-TEU GFS Galaxy is owned by a company out of the United Arab
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