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Ocean Transportation: Page 13

Freight in 2026: The Trilemma That No Shippers Can Avoid

Operational efficiency is a durable solution, as it’s where emissions reduction and cost reduction share a common foundation.

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Somali Pirates Hijack Oil Tanker in Red Sea

The Houthis and Somali pirates have cultivated an alliance over the years, with the rebels at times providing technology and military backup.

Photo: iStock / Vidas Pocius

Trump Says U.S. to Start Guiding Trapped Ships Through Hormuz

This new effort does not currently involve U.S. Navy escorts, but rather a coordination process for countries, insurance companies and shipping organizations.

Photo: iStock / 35007

Oil Tanker Pricing Feud Embroils a Centuries-Old London Market

The case is the latest example of how oil traders and shippers are struggling to adjust to the disruption wrought by the near-closure of the Strait of Hormuz.

Photo: Bloomberg

Iran Doubles Down on Fight for Control over Strait of Hormuz

Khamenei stressed that Iran has no intention of relinquishing control of the Strait of Hormuz, and that the country plans to implement new legal frameworks for managing the waterway.

An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69

ONE Reports 92% Dip in 2025 Profits

ONE took in $338 million in full-year net profits for the fiscal year, down from $4.24 billion the previous year.

A methanol-fueled ship. Image: Ocean Network Express Pte. Ltd. (ONE)

Iranian Ports Could Be Blockaded for ‘Months,’ Says Trump

The economist Paul Krugman, a former New York Times columnist, said he believed most analysts had been “far too sanguine” about the effects of a prolonged Hormuz crisis.

Photo: Bloomberg

Hormuz Disruptions Trigger Billions of Dollars in Oil Trading Disputes

The increasingly widespread issues are adding to headaches for producers and traders already grappling with the biggest oil supply shock in history.

Photo: Bloomberg

Trump Admin Announces $774M in Funding for U.S. Port Infrastructure

The initiative will include projects to expand rail tunnels, upgrade screening technology for national security, and add new cargo terminals.

Photo: iStock / Edgar Feliz

Cosco’s Profit Drops by Half as Lower Freight Rates Bite

“The conflict in the Middle East has posed significant challenges to the safety and stability of global shipping,” China’s biggest container liner said.

A Cosco Shipping Holdings container ship at the Port of Prince Rupert in British Columbia, Canada. Photographer: James MacDonald/Bloomberg

Japanese Crude Supertanker Manages Hormuz Exit in War First

The Idemitsu Maru began sailing late on April 27 toward the strait from northwest of Abu Dhabi, where it had been sitting idle for more than a week.

An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69

Mideast Urea Output Slumps with Lack of Fertilizer Ships to Load

Since the Iran war began at the end of February, only 11 ships laden with fertilizer have transited the Strait of Hormuz.

Photo: iStock / Elena Perova

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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