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Ocean Transportation: Page 9

IMO to Carry Out Evacuation Plan for Stranded Hormuz Ships

The IMO said that it will carry out a large-scale operation with cooperation between the maritime industry and the U.S., Iran, Oman and other Gulf Coast states.

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

U.S. Temporarily Authorizes Sale of Iranian Oil

With the U.S. temporarily lifting its sanctions on Iranian oil, the Middle Eastern nation will now temporarily be allowed to sell oil using U.S. dollars

Photo: iStock / onurdongel

Iran Says Hormuz Closed Again as Talks With U.S. Set to Open

Iran’s declaration on June 20 will likely make more risk-averse shipowners with vessels that have been trapped inside Hormuz for months more wary of exiting.

Vessels remain anchored off Port Sultan Qaboos, on June 20. Photo: Bloomberg

Iran Announces Plan to Charge Fees in Strait of Hormuz

Iran's chief negotiator Mohammad Bagher Ghalibaf said that the strait still needs to be managed, despite progress made on negotiations with the U.S.

Photo: iStock / 35007

DP World Seeks Return to U.S. Container Operations at Texas Port

DP World exited the U.S. port business in 2006 over security concerns raised by some American lawmakers citing Sept. 11 terrorists’ links to the United Arab Emirates.

The Port of Corpus Christi in Texas. Photographer: Eddie Seal/Bloomberg

Imports Up, Exports Down at Port of LA

The 26% increase in imports was caused in part by softer import volume in May 2025, when many cargo owners temporarily paused shipments because of changing tariff policies.

Photo: iStock/halbergman

CSCMP's State of Logistics Report: Get Used to the Fog

Redesign the operating model, not just the network, the annual report's authors concluded.

Image: iStock/greenbutterfly

Transportation Secretary Announces American Supply Chain Sovereignty Initiative

Initiative will launch a “high-visibility dashboard” connecting major transportation hubs directly to ocean carriers, trucking companies, railroads and retailers, Sean Duffy said.

Secretary of Transportation Sean P. Duffy (center left), with Port of Los Angeles director, Gene Seroka (center), June 12, 2026. Photo: Department of Transportation

Trump’s Energy Chief Says Half of Hormuz Stoppages Restored

Chevron Corp. Chief Executive Officer Mike Wirth said there are indications that flows through the strait are probably not as high as the energy secretary said.

Chris Wright, U.S. energy secretary, during a signing ceremony at Rice University in Houston, Texas, U.S., on Thursday, June 11, 2026. The signing ceremony is meant to commemorate the establishment of a global partnership with commitment to energy security. Photographer: Mark Felix/Bloomberg

Ships, Seafarers Stuck in Gulf Face Tough Choices

Opening the Strait of Hormuz remains Iran’s most valuable bargaining chip; one it seems eager to retain after seeing the drastic effect its closing has had on world trade.

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

$3.4B PoLA Budget Approved

The budget plan includes anticipated total operating revenues of $826 million, a 26% increase.

Los Angeles, California. Photo: iStock / KKStock

DNV joins DCSA+ Container Shipping Data Exchange

DCSA says the collaboration will support the development and implementation of shared industry standards aimed at improving interoperability and enabling more seamless data exchange across stakeholders.

Photo: iStock / Suphanat Khumsap

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