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Strait of Hormuz Traffic is Beginning to Return, But it is Hard to Spot

Strait of Hormuz Traffic is Beginning to Return, But it is Hard to Spot

Despite some new conflicting guidance from U.S. and Iranian forces on the safest route through the Strait of Hormuz, commercial shipping is resuming slowly - though it is tough to spot. "50-60 perc...

With U.S.-Iran Deal Signed, Jones Act's Defenders Call for an End to Waiver

With U.S.-Iran Deal Signed, Jones Act's Defenders Call for an End to Waiver

Now that the U.S. has signed a ceasefire deal with Iran and tanker flows in the Strait of Hormuz appear to be back on the rise, American domestic shipping interests are renewing their call for the Tru...

Why Cargo, Not Ships, Will Decide the Future of Logistics Digitalization

Why Cargo, Not Ships, Will Decide the Future of Logistics Digitalization

[by Mikael Lind, Wolfgang Lehmacher, Sandra Haraldson, Morten Brühl, Matilda Gustafsson, David Hallgren, Mikaela Kenne, Krister Rosendahl, Mårten Sondell, Daniel Storm, Hans Thijs, Emil Thodal, and Pe...

Activist Shareholder Calls for Sale of Seacor Marine’s Offshore Fleet

Activist Shareholder Calls for Sale of Seacor Marine’s Offshore Fleet

Houston-based Seacor Marine is the latest company in the offshore sector to face a challenge from its shareholders. The company has been struggling with the downturn in many segments of the offshore s...

U.S. Coast Guard SAR Helicopter Crashes Near Sitka, Alaska

U.S. Coast Guard SAR Helicopter Crashes Near Sitka, Alaska

The U.S. Coast Guard reports that a rescue helicopter went down just outside of Sitka, Alaska on Monday morning.  At about 1007 hours on Monday, the command center for Coast Guard Arctic District r...

Sale of South Korea’s K Shipbuilding (Formerly STX) Falls Through

Sale of South Korea’s K Shipbuilding (Formerly STX) Falls Through

A plan to sell South Korea’s mid-sized shipyard K Shipbuilding has fallen through, with the potential buyer reporting it had been unable to reach terms with the debt investor and private equity firm t...

DHL Partners with Under-Development Vela Wind-Powered Cargo Ship

DHL Partners with Under-Development Vela Wind-Powered Cargo Ship

The freight forwarding arm of global shipping giant DHL is partnering to offer customers the option of transporting goods transatlantic on a wind-powered cargo ship. Vela announced its partnership tod...

Giant Blast Kills 13 Workers at Ras Laffan Gas Plant

Giant Blast Kills 13 Workers at Ras Laffan Gas Plant

A blast at the Ras Laffan gas complex has killed 13 workers and injured 66 more, Qatari officials say. 12 of the deceased were Indian nationals, plus one Pakistani citizen.  The giant Ras Laffan In...

Fortescue and CMB.TECH Sign Milestone Charter for 12 Ammonia Bulkers

Fortescue and CMB.TECH Sign Milestone Charter for 12 Ammonia Bulkers

In what is being called a “milestone agreement” designed to accelerate the adoption of zero-emission shipping, Belgium’s CMB.TECH and Australian mining giant Fortescue signed a large ship charter agre...

U.S. Treasury Suspends Restrictions on Iranian Oil and Tankers for 60 Days

U.S. Treasury Suspends Restrictions on Iranian Oil and Tankers for 60 Days

Indicating that there was positive movement in the negotiations between the United States and Iran, Treasury Secretary Scott Bessent announced on Monday a sweeping 60-day suspension of nearly all rest...