Cargo News

U.S. President Donald Trump said on Tuesday he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran."We have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom ... will be paused for a short period of time to see whether or not the Agreement can be finalized and signed," Trump wrote on social media.There was no immediate reaction from Tehran, where it was very early on Wednesday morning.Only hours earlier, U.S.

The U.S. military said on Monday it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran sought to thwart a new U.S. naval effort to open shipping through the Strait of Hormuz.U.S. President Donald Trump launched the operation, called Project Freedom, on Monday as he sought to wrest control of the critical waterway from Iran, which effectively closed the Strait of Hormuz after the U.S. and Israel started the conflict on February 28.U.S.

President Donald Trump said on Sunday that the United States would begin an effort to free up ships stranded in the Strait of Hormuz on Monday morning.Trump, in a post on his Truth Social site, gave few details about the operation, including whether the U.S. Navy would be involved. He described the effort as a "humanitarian gesture" meant only to aid neutral countries that were not involved in the U.S.-Israeli war on Iran."For the good of Iran, the Middle East, and the United States…

Panama President Jose Raul Mulino said his country maintains a positive relationship with China despite being caught up in a dispute between the Asian superpower and the U.S., and defended Panama's takeover of port contracts held by Hong Kong's CK Hutchison.He spoke at a regular press conference after receiving what he called a "high-level" message from China's government acknowledging that a dispute over the port contracts will be heard by international arbitration courts, and did not constitute an issue between the Panamanian and Chinese governments.The message…

A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed and analysts said.With some vessels switching off tracking systems and U.S. forces turning back Iranian tankers, how much crude Iran is delivering to customers, particularly main customer China, is impossible to measure.Just a handful of carriers carrying Iranian crude have left the Gulf of Oman between April 13-25, oil analytics firm Vortexa said.

Russia has added four LNG carriers to its fleet, LSEG ship-tracking data and the Russian ship register showed on Wednesday, which could help the country to increase its market share ahead of an EU ban on Russian gas imports.The European Union in January gave its final approval to a ban on Russian gas imports by late 2027.The bloc has also imposed sanctions on Russia in response to its war on Ukraine. The sanctions have limited Russia's access to the vessels it needs to gain a…

A long-running dispute over container detention charges between Evergreen and a U.S. trucking company has been resolved, with a federal appeals court siding squarely with the regulator and reinforcing limits on when carriers can impose such fees.In a decision issued April 28, 2026, the United States Court of Appeals for the District of Columbia Circuit denied a petition by Evergreen Shipping Agency (America) Corp. and upheld a ruling by the Federal Maritime Commission (FMC) that certain detention charges were unreasonable.The case stems from a 2020 shipment handled for Yamaha Motor Co.…

"The Iran war and the resulting disruptions to ship transits through the Strait of Hormuz have increased uncertainty for both the global economy and the dry bulk market. Around 4% of dry bulk cargoes and tonne mile demand typically sail through the strait and at present, and around 210 ships, equivalent to roughly 1% of the dry bulk fleet, are currently trapped in the Persian Gulf,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Given the high uncertainty over when transits may resume, we present two forecast scenarios.

An LNG tanker managed by UAE's ADNOC has crossed the Strait of Hormuz and appears to be near India, ship-tracking data showed on Monday.If confirmed, this will be the first loaded LNG tanker to cross the strait since the Iran war started on February 28. Adnoc did not immediately respond to a Reuters request for comment.The 136,357-cubic-meter tanker, which is managed by Adnoc Logistics & Services and was last seen in the Gulf on March 30, has shown up off the west coast of India…

President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White House said on Friday, the latest effort to curb rising energy costs linked to the war with Iran.The move reflects a broader push by the White House to dampen politically sensitive fuel price spikes ahead of November’s midterm elections, where affordability is expected to be a defining issue for voters. Recent polling shows…

Pacific International Lines (PIL) and PSA International (PSA), supported by DNV, have launched Singapore’s first joint land-sea green value-added service for cargo transhipped through the Port of Singapore.The new service enables participating shippers and cargo owners to achieve verifiable emissions reductions through the allocation of carbon reductions generated from the use of lower-carbon fuels across multiple modes of transportation within the logistics, shipping and port operations.

BIMCO’s Jakob Larsen, Chief Safety & Security Officer, warns of a potential scam from parties claiming to be Iranian authorities and demanding toll:“BIMCO has received reports of an email scam, but we are still awaiting confirmation that this was in fact a scam. The fact that ships were attacked following apparent Iranian approval to transit underscores the complexity and volatility of the current security situation.”Iran is blockading the Strait of Hormuz against what they perceive as hostile ships.

Golden Pass LNG, a joint venture between QatarEnergy and U.S. oil major Exxon Mobil, said on Wednesday that the first cargo of liquefied natural gas has departed from its new Sabine Pass terminal in Texas.Shipping data showed that the vessel, Al Qa'iyyahal, had departed but it was not immediately apparent where the first shipment was headed. Reuters previously reported it was expected to go to Italy to make up for some of the contracted LNG QatarEnergy has not been able to deliver because of the U.S.-Israeli war with Iran."As we advance toward full commercial operations…

An LNG tanker has arrived at the Golden Pass facility in Texas to collect the plant's inaugural export, the company confirmed on Monday, after finally beginning production earlier this year following prolonged delays in construction.The Al Qaiyyah LNG tanker arrived at Golden Pass on Monday, according to LSEG data. The ship is owned by QatarEnergy, which has a 70% stake in the Texas LNG plant. Oil major Exxon holds the other 30% of the project's equity.The Golden Pass project has faced delays and cost overruns since construction began in 2019…

Cool Carriers, the world’s largest operator of specialized reefer vessels, reports strong results despite a sharp downturn in demand for its Chilean subsidiary for the 2025/26 Summer season, from 1 October 2025 to 31 March 2026.Despite a sharp downturn in demand for imported fruits in the United States, Cool Carriers Chile moved 260,000 pallets of cherries, blueberries, grapes, and stone fruit to the United States.Cool Carriers Chile operates maritime shipping routes out of the Chilean ports of Coquimbo and Valparaiso…

Concerns grew on Monday that the ceasefire between the United States and Iran might not hold after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade and Iran vowed to retaliate.Efforts to build a more lasting peace in the region likewise appeared to be on shaky ground, as Iran said it would not participate in a second round of negotiations that the U.S. had hoped to kick off before the ceasefire expires on Tuesday.The U.S. has maintained a blockade of Iranian ports…

Four States deposited their instruments of ratification of the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 2010 (2010 HNS Convention), bringing the treaty’s entry into force a step closer. The 2010 HNS Convention aims to ensure adequate, prompt, and effective compensation for those affected by incidents involving hazardous and noxious substances (HNS) carried on seagoing ships. This…

The U.S. military on Monday detailed the boundaries of its Strait of Hormuz blockade, saying it would extend east to the Gulf of Oman and Arabian Sea, while ship-tracking data showed two ships turned around in the strait as the blockade went into effect.In a note to seafarers about the blockade that seeks to take control of the strait away from Iran, the U.S. Central Command said: "Any vessel entering or departing the blockaded area without authorization is subject to interception…

More than 20 commercial ships have passed through the Strait of Hormuz in the past 24 hours, the Wall Street Journal reported on Tuesday, citing U.S. officials.Reuters could not immediately verify the report.Earlier on Tuesday, the U.S. military's Central Command said no ships have made it past a U.S. naval blockade of Iran's ports and coastal areas, and six merchant ships have followed orders to turn back.U.S. President Donald Trump announced the blockade on Sunday after weekend peace talks in Islamabad between the U.S.

Iran could consider allowing ships to sail freely through the Omani side of the Strait of Hormuz without risk of attack as part of proposals it has offered in negotiations with the United States, providing a deal is clinched to prevent renewed conflict, a source briefed by Tehran said.The U.S.-Israeli war with Iran has resulted in the largest-ever disruption of global oil and gas supplies due to Iran's interruption of traffic through the strait, which handles about 20% of the world's oil and liquefied natural gas flows.Hundreds of tankers ‌and other ships and 20…

Stolt-Nielsen Limited opened 2026 with a solid—if more tempered—financial performance, underscoring both the resilience of its diversified logistics portfolio and the mounting pressures facing global chemical shipping markets.The London-based group reported first-quarter revenue of $716.8 million and net profit of $47.5 million for the period ending February 28, 2026, compared to $675.6 million and $151.4 million, respectively, in the same period a year ago. The sharp year-on-year profit decline was largely attributable to one-off gains booked in 1Q25…

British Prime Minister Keir Starmer spoke with U.S. President Donald Trump on Thursday about the need for a plan to restore shipping through the Strait of Hormuz "as quickly as possible," following a U.S. ceasefire with Iran, Downing Street said.Starmer discussed with Trump the UK's efforts to convene partners to agree to a "viable plan" on restoring freedom of navigation in the waterway."They agreed that now there is a ceasefire in place and agreement to open the Strait, we are at the next stage of finding a resolution…

President Donald Trump said on Sunday the U.S. Navy would start blockading the Strait of Hormuz, raising the stakes after marathon talks with Iran failed to reach a deal to end the war, jeopardizing a fragile two-week ceasefire.The U.S. Central Command said U.S. forces would begin implementing the blockade of all maritime traffic entering and exiting Iranian ports at 10 a.m. ET (1400 GMT) on Monday.It would be "enforced impartially against vessels of all nations entering or departing Iranian ports and coastal areas…