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JUNE 16, 2026

East Coast Maritime Forum and Eastern Star Awards 2026 sees eminent participation, engaging deliberation and deserving commendation BCBA to host India Logistics Conclave 2026 in Mumbai tomorrow DGS orders shipping firms to restrict Indian seafarer deployment in Persian Gulf Electronics, pharma and engineering set to spearhead India's new export engine Indian tractor exports breach 10,000-unit milestone with 13-month high India's Russian oil imports jump 21 pc in May to hit 10-month high Japan's JTTRI partners with IPA and CMEC for long-term port research US-Iran deal: 'Lack of details and a history of overly optimistic reassurances' Compliance complexity is the defining challenge amidst tariff uncertainties, a survey shows VOC Port continues surge in windmill blades handling DFCCIL recognised for leveraging Artificial Intelligence in its operations Wheels turn for $10 bn US Customs refund to Indian exporters Owners increasingly preferring LR2s over Aframaxes Global shipping faces systemic shock as cyber, drone and mine threats converge Rotterdam reaches milestone in autonomous shipping: inland vessel sails independently between terminals AD Ports Group launches trial operations at Safaga Terminal in Egypt Port of Antwerp-Bruges launches Breakbulk Summit APM Terminals delivers Suape terminal, bringing a new gateway to Northeast Brazil

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JUNE 15, 2026

Kalmar delivers electric reach stackers to Rotterdam Gemini Cooperation wins VCOTA Award in Seattle BioNatur Plastics wins TIACA Award 2026 Menzies Aviation acquires SPdH in Portugal K2 Aviation acquires two Boeing 737-800 BCF Robert Reiter appointed Group Managing Director of Toll Group Air freight recovers after global holidays Argonaut & Ensera collaborate for pharmaceuticals Brendan Tate appointed COO at CRL Express Pepijn Timmermans resigns as COO at Sif CSP Iberian Bilbao Terminal invests 9.5 million euros for a STS crane Cargolux digitizes flight information with Cathay Technologies VDR welcomes US-Iran agreement for shipping FETEIA-OLTRA signs manifesto for maritime transport Daimler Truck expands Defence business globally Urban Partners sells logistics properties in Norway First WATT & MTN Nigeria promote renewable energies

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JUNE 15, 2026

'Delete this string of emails': bombshell allegations emerge in container cartel case 'Genuine partnerships' are what box shipping needs, not a 'power dynamic' From Robinson to Expeditors & UPS via K+N & DSV - the ladder is burning The Loadstar Leader: Fuel prices set to come down - just as BAFs are set to soar Sub-Saharan Africa shippers eagerly anticipating formal end to hostilities OceanX Radar: Morocco promises; air freight teases; peace beckons? Cautious air cargo shippers delay tenders amid signs rates may have peaked MSC boosts capacity and switches hubs on South Asia services Amazon 'by special request' LTL unveiling raises eyebrows

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JUNE 15, 2026

GAO: Navy needs to act on challenges to RAS deployment As was demonstrated only days ago by the rescue of two crew members from a downed Apache by a Saronic drone boat, the Navy is already successfully deploying Robotic Autonomous Systems (RAS) IRPT gains new ideas and partnerships at European Summit Inland Rivers, Ports & Terminals Inc. (IRPT) recently completed the first phase of its European Summit in The Hague, Netherlands, where members examined infrastructure, operational practices, technology, and freight transportation strategies used Q&A: Inside the Jones Act-A working mariner's view The Jones Act is often debated in terms of economics, trade policy, and domestic shipping costs. But for the thousands of American mariners who work aboard U.S.-flag vessels, the law represents something Sallaum Lines orders its largest PCTCs yet Limassol, Cyprus-headquartered Sallaum Lines has ordered the two largest vessels in its history. It has signing a shipbuilding contract with China's Xiamen Shipbuilding Industry Co., Ltd. (XSI) for two next-generation pure car Shipping cautiously welcomes news of U.S.-Iran peace agreement Details on the specifics of the peace agreement reached by the U.S. and Iran remain unclear. But in a post on Truth Social yesterday, President Trump said: "I hereby fully authorize the Everllence reports first order for methane dual-fuel ME-GI 10.7 engine Everllence has announced that the world's first order for its latest generation of dual-fuel methane engine, the Everllence B&W ME-GI (-Gas Injection) Mk10.7 type is for the engines that will power a 2026 Silver Bells Award celebration raises more than $825,000 The Seamen's Church Institute (SCI) welcomed 635 maritime leaders and professionals to Chelsea Piers in New York City on June 11 for its annual Silver Bell Award celebration. Genco Shipping and Trading

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JUNE 15, 2026

CSP Bilbao adds Atlantic Arc's largest quay crane CSP Iberian Bilbao Terminal has commissioned a new super post-Panamax ship-to-shore (STS) crane at the Port of Bilbao. The company invested €9.5 million in the equipment, which is now the largest quay crane in the Atlantic Arc. The crane will increase the terminal's capacity to handle larger container vessels and improve operational efficiency. It joins two existing super post-Panamax cranes alre Hiab starts Raisio facility expansion to boost capacity and sustainability Hiab has started a major expansion of its MULTILIFT demountables facility in Raisio, Finland. The project will modernize production and office spaces, increase capacity and improve operational efficiency. The expansion will support growing demand for MULTILIFT demountables in both the commercial and defence sectors. Hiab will also build a new showroom as part of the project. The company said sust ClassNK launches digital marketplace for maritime design data ClassNK has launched the ClassNK Design Data Marketplace, a new platform for sharing and using ship design data. The marketplace connects shipyards, design firms, software providers and other maritime stakeholders. Users can search, compare and access 3D models, design data and digital services through a single platform. ClassNK said the initiative aims to increase the use of design data beyond t DHL extends FIA World Endurance Championship logistics partnership DHL and the FIA World Endurance Championship (FIA WEC) have extended their global logistics partnership through a new multi-year agreement. The deal reinforces DHL's role as the championship's Official Logistics Partner and expands the collaboration to include the Asian Le Mans Series for the first time. The partnership began in 2012 and covers the FIA WEC and the iconic 24 Hours of Le Mans. DHL WinGD reaches new ammonia milestone with first X72DF-A engine approval WinGD has completed Factory Acceptance Testing (FAT) of its first X72DF-A ammonia-fuelled engine, marking another milestone in the development of low-carbon marine propulsion. The engine will be installed on a 210,000 dwt dry bulk carrier being built for CMB.TECH. CSSC Engine Co. (CSE) carried out the testing in China. Representatives from Lloyd's Register (LR), the American Bureau of Shipping (A What the dual-chokepoint crisis means for maritime professionals The signing of the US-Iran Memorandum of Understanding on June 14 may be to read this as a return to normalcy. It is not. The MoU ends one phase of the crisis while the conditions that define the next remain firmly in place KS AUTOTRADING launches operations in Misurata Free Zone KS AUTOTRADING has officially launched operations in Libya after opening a new branch in the Misurata Free Zone (MFZ). MFZ marked the launch with the signing of an investment agreement during a ceremony at the Seaside Convention Center. The event was attended by Eng. Muhsin M. Sigutri, Chairman of the MFZ Management Committee, and Jang Jihak, Ambassador of the Republic of Korea to Libya. The inve Valenciaport installs vertical photovoltaic system Valenciaport is advancing the installation of vertical solar panels on the breakwater of the northern expansion of the Port of Valencia, as part of the European RENEWPORT project, which aims to promote the clean energy transition of Mediterranean ports. The contract has been awarded to Pavener Servicios Energéticos SL for a total of EUR€169,314.55, with installation expected to be completed and o Explainer: Hormuz under the US-Iran framework A diplomatic announcement has been made but a transit regime has not been restored. Here is what maritime professionals need to understand before routing tonnage back through the strait Misurata Free Zone signs cooperation agreement with Port of Antwerp-Bruges Misurata Free Zone (MFZ) has signed a Memorandum of Understanding (MoU) with the Port of Antwerp-Bruges to strengthen cooperation in port development and logistics services. MFZ Chairman Muhsin M. Sigutri signed the agreement with representatives of the Belgian port during a ceremony attended by Belgium's Ambassador to Libya, François Dumont, and a delegation from Belgian ports and dredging compa ONE launches service connecting Port of Riga to Portugal Ocean Network Express has inaugurated the Iberia Baltic Express, a new weekly container shipping service calling at the Port of Riga that establishes the first direct connection in the port's history between Latvia and Portuguese ports. The service extends ONE's regional network significantly, providing Latvian exporters and importers with expanded access to European and global markets. The IBX r Maersk revises dry port surcharges for Hungary Maersk has announced revisions to its Dry Port Surcharge - Import (DPI) and Dry Port Surcharge - Export (DPS) for cargo moving through the Hungarian inland terminals of Budapest and Fényeslitke. The revised charges will take effect on July 1, 2026, for non-regulated countries and July 13, 2026, for regulated countries. Under the updated import surcharge structure, cargo moving through Fényeslitke APM Terminals delivers Suape Container Terminal APM Terminals has delivered its new container terminal at the Port of Suape in Pernambuco, Northeast Brazil, as the facility enters its final stages before commencing commercial operations. The terminal represents an investment of more than US$ 350 million and will be the first fully electrified container terminal in Latin America, setting a new benchmark for sustainable port operations in the re Hapag-Lloyd expands eBL adoption through Galileo platform Hapag-Lloyd has partnered with WiseTech Global to publish Electronic Bills of Lading (eBLs) through Galileo, supporting its goal of achieving 100% eBL adoption by 2030. The first Hapag-Lloyd eBL published through Galileo was issued for GEODIS, a CargoWise customer. The transaction demonstrated the transfer of a verified electronic document from the carrier to the freight forwarder during a live s US and Iran agree framework deal to end conflict and reopen Strait of Hormuz The United States and Iran have agreed on a framework deal to end their conflict and reopen the Strait of Hormuz. The announcement triggered a sharp decline in oil prices and boosted market sentiment across Asia. US President Donald Trump said the agreement was complete and confirmed that the Strait of Hormuz would reopen on Friday. Pakistan, which helped mediate the negotiations, said the two si Readers Speak: The biggest lesson from the Hormuz Crisis The latest Readers Speak poll asked readers: What is the biggest lesson from the Hormuz crisis? The results revealed a divided but insightful response, highlighting how the crisis has reshaped industry thinking about risk, trade, and resilience. Politics and trade are becoming inseparable Two responses emerged as the strongest among readers: "Politics drives shipping" and "Routes need diversif The geoeconomy of critical minerals restructure global shipping How the race for strategic resources is redrawing trade routes, fleet strategies, and the architecture of maritime logistics

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JUNE 15, 2026

How Hengli became one of shipping's biggest builders in four years Chinese shipbuilding phenomenon Hengli is on track to deliver at least 160 ships in 2028, according to new analysis from SSY, underlining one of the most extraordinary industrial expansions the shipbuilding sector has ever witnessed. The Dalian yard, which only acquired the former STX Dalian facility in 2022, has amassed an orderbook of at least ... Pan Ocean linked to four-VLCC order at Hanwha Ocean South Korean owner Pan Ocean has emerged as the buyer behind a four-vessel VLCC order at compatriot shipbuilder Hanwha Ocean. Hanwha Ocean disclosed on Friday that it had secured a KRW800.1bn ($524m) contract from an unnamed Asian shipping company for four very large crude carriers. Multiple shipbuilding sources have since identified the owner as Harim ... Petrobras taps OceanPact for Marlim field decom campaign Brazilian offshore vessel owner OceanPact has signed a R$443.7m ($88.75m) contract with Petrobras to execute specialised pull-out and collection services for flexible lines in the decommissioning of stationary production units. Work under the contract, awarded after a public competitive process, will focus on the risers of the P-18 platform in the Marlim field of the ... Sallaum Lines books its largest car carriers to date Car carrier owner Sallaum Lines has signed a contract for two firm and two optional 8,600 ceu newbuilds, marking the owner's largest vessel size to date and another step in its ongoing fleet expansion programme. The order has been placed with Xiamen Shipbuilding Industry for PCTCs designed to operate on LNG, VLSFO and MGO, with ... Scottish offshore wind farm stake changes hands in $208m deal The Renewables Infrastructure Group Limited (TRIG) will dispose of its entire stake in the 588MW Beatrice offshore wind farm for around £155m ($208.2m) after receiving a binding offer from a co-shareholder. TRIG agreed to dispose of the 17.5% stake in the Beatrice offshore wind farm located off the north-east coast of Scotland to funds managed ... Capital Tankers adds three VLCC newbuilds from Marinakis affiliate Evangelos Marinakis-backed Capital Tankers is expanding its fleet once again, agreeing to acquire three VLCC newbuilding contracts from parent company Capital Maritime & Trading Corp. The Oslo-listed tanker owner said the vessels are under construction at China's Hengli Shipbuilding and are scheduled for delivery in September, October and November 2027. The shipbuilding contracts were originally HD Hyundai and Malcon team up on Korean offshore wind vessel design HD Hyundai Heavy Industries has signed a cooperation agreement with Malcon to develop Korea-type offshore wind support vessels. Under this agreement, the two companies plan to jointly develop an eco-friendly Korea-type SOV optimised for the operational environment of domestic offshore wind farms and to pursue approval in principle from the Korean Register. HD Korea Shipbuilding ... Varamar takes plunge into ship ownership with four-vessel acquisition Antwerp-based multipurpose and breakbulk operator Varamar has entered the shipowning sector for the first time, acquiring four multipurpose vessels. The company, founded in 2009 by Alexander Varvarenko (pictured), has built its business around chartering and operating third-party tonnage across breakbulk, dry bulk, project cargo and heavylift trades. The latest move marks a strategic shift from ... Eitzen pushes ahead with all-electric boxships Norwegian maritime investment group Eitzen has moved ahead with plans to develop one of the world's first large-scale electric container shipping networks, placing an order for two battery-powered boxships in China. The Oslo-based group said its subsidiary Zen had contracted Zhejiang Dongpeng Shipbuilding & Repairing Co to build two fully electric 900 teu vessels for ... ESL Shipping to absorb AtoB@C under single brand Finland's ESL Shipping is bringing its Swedish subsidiary AtoB@C Shipping under a single ESL Shipping brand as part of a move to simplify its market presence and strengthen its position across the shortsea dry bulk sector. The company said the transition will be rolled out gradually over the coming months, with websites, marketing materials and ... Hormuz ceasefire deal leaves shipping in familiar wait-and-see mode Asian shipping stocks rallied on Monday as investors bet a tentative US-Iran deal could lead to the reopening of the Strait of Hormuz after 107 days of disruption, though industry experts warned any return to normal navigation will be gradual and far from guaranteed. Reports emerged yesterday that Washington and Tehran have reached a ceasefire-linked ... Fredriksen doubles down on newcastlemaxes with four more Chinese newbuilds John Fredriksen-backed Seatankers Management has moved ahead with a major expansion of its newcastlemax programme in China, exercising options for four additional bulk carriers at emerging shipbuilder Dajin Heavy Industry. The latest declarations take Seatankers' orderbook at the yard to eight 210,000 dwt newbuilds, following an initial contract for four ships placed earlier this year. ... Shell weighs $1bn offshore wind sell-off Energy supermajor Shell is reportedly preparing to launch a sale of its offshore wind farms in the company's latest move from renewable energy to focus on higher-returning fossil fuel business. According to a Bloomberg report, the company has tapped advisers from Rothschild & Co and PJT Partners to lead the sale, which could be worth ... Emarat Maritime expands containership fleet with Chinese newbuilding order Dubai-based shipowner Emarat Maritime has ordered up to six feeder containerships at China's Guangji Xinneng Shipbuilding. According to Clarksons Research, the company has contracted three firm 930 teu vessels with options for a further three units. Delivery of the firm vessels is scheduled for 2028. No price has been revealed. The order will bolster Emarat ... UK offshore wind workforce needs to double by 2030 With the rapid expansion of offshore wind, a new report has highlighted how the UK can increase its offshore wind industry workforce from 40,000 to between 75,000 and 94,000, a step crucial to hit its clean power targets by 2030. The report, 'Workforce Foresighting for Offshore Wind 2030-2035', published by the Offshore Renewable Energy (ORE) ... Panama flag caught in US-China crossfire The Panama Ship Registry is paying the price for a geopolitical dispute far beyond its control, with shipowners abandoning the flag as tensions between Washington and Beijing spill over into global shipping. Clarksons Research data shows the Panama flag has shrunk by 3.3% so far this year, making it one of the biggest losers among ... Shearwater lands $40m capital injection in debt restructuring Norwegian offshore seismic vessel player Shearwater Geoservices has signed an agreement with lenders and key stakeholders to amend its capital structure, improving its free liquidity and strengthening its financial position. The agreed equity capital injection and debt amendments, in addition to the previously announced divestment of SW Baret, materially improve the company's liquidity outlook, r Call to arm shadow tankers follows UK boarding operation British forces have carried out their first-ever seizure of a Russian shadow fleet tanker, boarding the sanctioned tanker Smyrtos in the English Channel during a six-hour operation that culminated in the arrest of a seafarer on suspicion of sanctions offences. The vessel has since been moved to an anchorage off England's south coast where it ... GE Offshore Marine Services bags AHTS charter in Equatorial Guinea UK-based oil and gas player Trident Energy has hired an anchor handler from GE Offshore Marine Services for work in Equatorial Guinea. The UK firm hired the 2008-built Red Tiger vessel, formerly the Norman F McCall, on a five-year contract to support operations offshore Bata. The vessel is a 120-tonne diesel-electric anchor-handling tug and supply ... Maritime healthcare's real challenge Ronald Spithout, OneHealth by VIKAND managing director, outlines predictable problems and preventable disruption. When people think about medical emergencies at sea, they often picture dramatic evacuations, critical injuries or rare illnesses unfolding far from shore. Yet the reality facing the maritime industry is far less visible, and far more consequential. The greatest healthcare risk at ...

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JUNE 15, 2026

Tanker manager calls for 'accountability' following deadly US strike The manager of a shadow fleet tanker hit by US forces last week said 'serious questions must be asked' about... Ship recycling sales rise, but monsoon season clouds recovery The monsoon season, which lasts through to October across South Asia, is expected to limit recycling activity by disrupting beaching... Hormuz war risk rates yo-yo as underwriters watch politics unfold Friction with shipowners after some insurers reject loss of hire payouts How will the Strait of Hormuz reopening work? Industry awaits missing details US-Iran deal to reopen the Strait of Hormuz is expected on Friday, but key transit and security details remain unresolved... The week in newbuildings: Sallaum Lines adds more vehicle carrier newbuilds in China Switzerland's Sallaum Lines joins several leading vehicle carrier operators that have ordered new ships in 2026, after a quiet 2025 Norway's Eitzen Group orders first two electric containerships Oslo-based shipowner Eitzen Group has ordered two fully electric containerships, calling it a milestone in green shipping Vessel security team in 30-minute firefight The cargoship was approached by six armed people on two separate boats, security sources told Lloyd's List The Daily View: Seafarers must not bear burden Wuhu Shipyard to revive defunct Rongsheng assets in $147m expansion Revival of long-idled Rongsheng yard will give Wuhu Shipyard access to large-vessel construction capacity and relieve inland bottlenecks The Week in Charts: Container spot rates still rising | Analysis exposes who dares use Iran's Hormuz Lanes Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage Middle East port update: Monday, June 15 In UAE, Vopak Terminal and ADNOC SPM Terminal are operational A fragile thaw in Hormuz but timing and sequence now matter A 60-day US-Iran ceasefire promises to re-open the Strait of Hormuz, triggering rapid market reactions, but the maritime sector remains... Some VLCC owners look to capture Hormuz first-mover advantage as others hold off Opportunistic shipowners are looking to be the early birds, pre-emptively positioning vessels for charterers looking to restock. But others are... Stocks soar, but shipping stays cautious as US-Iran deal promises Hormuz reopening Investors are excited by the US-Iran ceasefire, but ships and insurers aren't convinced a Hormuz reopening is at hand Daily Briefing Tanker-by-tanker analysis exposes who dares use Iran's Hormuz Lanes - and who hides | UK seizes shadow fleet tanker expelled from...

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JUNE 15, 2026

Intermodal supply chain exposes recent weak link: drayage While the war-driven boost in intermodal demand is not breaking the rail network, it is exposing a weak link at the end of the trip where drayage fleets cut during the freight downturn are now struggling to find enough drivers to handle the cargo. Shipping wants clarity on US-Iran deal before Hormuz transits can resume Statements made by the combatants are unclear and did not offer enough information around key aspects of Hormuz transits such as timings and safe routes, industry stakeholders say. Gulfport looks to future of bigger ships with dredge project approval The US Army Corps of Engineers has recommended deepening the Mississippi port's main channel to a depth that would allow it to accommodate post-Panamax vessels, up from the feeder container ships it now handles.

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JUNE 15, 2026

China completes world's largest bulker-to-boxship conversion Chinese owner transforms 80,000-dwt kamsarmax into 3,600-teu vessel as demand for container tonnage fuels a wave of conversions Right about so much, Andreas Sohmen-Pao reveals one big thing he got wrong Master consolidator also seizes on Elon Musk's record IPO to point out area where shipping 'has some work to do' Metrostar comeback extends wave of Greek product tanker newbuildings Panagiotis Angelopoulos-led firm books its first MRs in more than a decade 'Do not cross': US warns Hormuz blockade still very much in effect Threat level 'severe' until deal is signed on Friday, military says Bullish bulker market opens asset play window for canny Greek cape owners Alberta Shipmanagement, NGM Energy and Lavinia Bulk profitably shed capesizes they bought cheaply six years ago Norway's car carrier owners take cautious approach to Hormuz peace deal Hoegh Autoliners' vessel in the Middle East Gulf left last month, while Wallenius Wilhelmsen still has one there Cuban tanker trade complicated by US sanctioning of state oil company Last tanker delivery to Caribbean island was in March Sallaum Lines continues newbuildings push with second series on the way Cypriot owner again heads to China, this time for its largest-ever vessels Klaveness says Japanese dry bulk trading has evolved beyond cheap freight Chartering manager Junji Aratani says cargo structure and vessel selection growing in influence Greek owner Iolcos resumes growth with new orders in China Bulker specialist books kamsarmaxes at New Dayang Sallaum Lines continues newbuilding push with second series on the way Cypriot owner again heads to China, this time for its largest-ever vessels Emarat Maritime expands into container shipping with newbuildings Middle Eastern company has ordered up to six 930-teu feeder ships in China Mercuria named as charterer of Yangzijiang's first LNG newbuilding Chinese yard nets business for one of two vessels it opted to build speculatively US-Iran truce poses greatest risk for container ships as Red Sea return beckons Return inches closer after Maersk completes second transit of Bab el-Mandeb since start of Iran war Hundreds of VLCCs needed: How Strait of Hormuz reopening will impact big tankers Vessels will be in demand as crude volumes return Eleven Indian seafarers convicted of cocaine smuggling in Nigeria Owner and crew members fined a total of $6m in trafficking case Attackers fire at and attempt to board container ship in Gulf of Aden The region has seen an uptick in pirate incidents in recent months Mothballed Norway ship tunnel gets state sign-off Tunnel will be large enough for small cruise ships and coastal ferries Shipping stocks split as investors digest US-Iran deal to open Strait of Hormuz Tanker equities on the rise, but container and car carrier stocks sink Major shipowners shun quick Strait of Hormuz return amid Iran-US peace deal Shipping companies are taking a wait-and-see approach before committing tonnage to the chokepoint waterway China welcomes US-Iran ceasefire deal as experts warn Hormuz crisis 'not over' Beijing backs memorandum and urges parties to pursue dialogue Shipping stocks split as investors digest US-Iran peace deal to open Strait of Hormuz Tanker equities on the rise and container and car carrier stocks drop Laden Indian LNG carrier openly sails through Strait of Hormuz Petronet LNG's vessel appears to be among first in ship sector to leave AIS on during passage The great escape: Shipping regulator advances plan to free 500 ships and 20,000 crew from Gulf Safety and security guarantees are paramount, IMO warns Hormuz reopens: Was shipping's doomsday scenario really as bad as feared? Estimates of exports lost could be well wide of the mark The great escape: Shipping regulators advance plan to free 500 ships and 20,000 crew from Gulf Safety and security guarantees are paramount, global regulator warns Swedish bulker owner AtoB@C to be merged into ESL Shipping Finnish parent seeking clarity by unifying its operations under one name 'Welcome relief': Tanker owners hail Iran-US deal and seek details on Hormuz Intertanko urges caution until deal is formally signed and demands end of parallel sailing regimes in the area MOL and HMM shun quick Strait of Hormuz return amid Iran-US peace deal Shipping companies are taking a wait-and-see approach before committing tonnage to the chokepoint waterway Shadow fleet VLCC master pleads guilty in US false flag case Georgian captain of runaway tanker admits resisting seizure by US Coast Guard Eitzen orders electric-powered container ship pair Owner to consolidate electric shipping business in Zen subsidiary Pan Ocean inks $542m VLCC newbuilding contract with Hanwha Ocean Four crude carriers said to have been ordered against employment contract from South Korean oil major SK Energy Capital Tankers already $82m in the money as it buys VLCC trio from Marinakis firm Oslo-listed vehicle acquires Hengli newbuildings from privately owned Capital Maritime Stolt-Nielsen sends stainless steel-laden tanker to India for recycling Sale of Stolt Innovation comes months after operator sent two other vessels to Alang 'Human safety over commercial interests': Charterers back Mediterranean rescue diversion despite 14-hour delay Chinese bulker captain recounts logistical and commercial challenges of rescuing 41 migrants from a sinking raft Indian seafarer dies of neglect on US-sanctioned tanker stranded off Oman Crew members used cold water bottles to keep body from decomposing Strait of Hormuz opens and naval blockade of Iran lifted after mediators announce US-Iran interim deal Free transits on vital waterway to resume after formal signature of 'Great Deal' on 19 June

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JUNE 15, 2026

LRT Group acquires F2F Transport Chattanooga-based F2F Transport announced Monday that it has been acquired by LRT Group. Fort Payne, Ala.-based LRT Group is a transportation holding company focused on building transportation-based businesses as part of its strategic growth. As part of the acquisition, F2F Transport will join a growing portfolio of transportation companies under the LRT Group umbrella. The move is expected to cr Cass says freight volume recovery set for second half A positive inflection in freight shipments now appears likely after 40 months of year-over-year declines, according to a monthly report from Cass Information Systems. A turn in demand would further bolster the supply-driven rate recovery that began late last year. The multimodal shipments component of the Cass Freight Index dipped just 1.2% year over year in May, the smallest decline in 18 months Routing guides are crumbling: 'It is different this time' Routing guides are crumbling. Truckload contract rates set early in the 2026 bid season aren't holding, management teams at some of the nation's largest carriers told investors at a conference last week. Mini-bid activity has spiked, and some shippers have been forced to rebid their entire book as tender rejections surge, Spencer Frazier, head of sales and marketing at J.B. Hunt Transport Service U.S.-Iran peace deal reopens Strait of Hormuz The United States and Iran reached agreement on a deal to end the war and lift restrictions on the vital Strait of Hormuz that stranded thousands of ships in the Persian Gulf. Reports said that the memorandum of understanding, the terms of which were not released, will be signed June 19. It would suspend sanctions on Iran oil, release $24 billion in frozen Iranian assets, and provide 60 days for How hackers allegedly stole $1.7 million worth of condoms A shipment of condoms and personal lubricant valued at approximately $1.7 million was allegedly diverted after criminals compromised the identity of a legitimate trucking carrier and used that identity to secure freight bound for a Walmart distribution center. According to reporting by Cybernews , the shipment originated in Lynn, Massachusetts, and was destined for a Walmart distribution center i Shippers say renewed tax on Chinese ships could put some U.S. ag producers out of business A trade group representing U.S. shippers of grain, soybeans and other agricultural commodities say a push by Democrats to renew port taxes on Chinese ships docking at American ports could put some crop producers out of business. Democratic Senators Mark Kelly of Arizona and Elizabeth Warren of Massachusetts want the Trump administration to reinstate port fees on Chinese cargo vessels calling U.S. July 4 holiday period exposes supply chain vulnerabilities As warehouses prepare for extended holiday closures and trailers begin accumulating in yards ahead of the Fourth of July weekend, the transportation industry is entering what some security professionals consider one of the highest-risk periods of the year for cargo theft. The combination of reduced staffing, longer dwell times and unattended freight creates conditions that organized theft groups