
South Korea Attributes Strait of Hormuz Ship Attack to Iranian Missile
South Korea's Foreign Ministry indicated an Iranian anti-ship missile likely hit an HMM cargo ship in the Strait of Hormuz.
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South Korea's Foreign Ministry indicated an Iranian anti-ship missile likely hit an HMM cargo ship in the Strait of Hormuz.

A House committee has begun the legislative process for a new surface transportation bill impacting the trucking industry

Maersk is introducing a new 'lean service' to leverage the strong China-Australia trade lane, supported by high surcharges.
ABB is converting an expedition yacht to hybrid-electric propulsion for operations in the Galápagos Islands.
The Port of Long Beach will award $1 million to the first shipping line to bunker methanol at the port.

The deadline for the Air Cargo News Awards 2025 has been extended to June 12 due to popular demand

Canada is investing in transport infrastructure and pursuing trade deals to reduce reliance on US trade.
The Port of Oslo and Fjuel AS are piloting digital energy management to advance the port's electrification and emission reduction targets
Anglo-Eastern's Global Security Desk is actively assessing daily risks for vessels and crew due to the Strait of Hormuz closure

The FMC and Maersk reached a US$1.9 million settlement over alleged detention charge violations of the US Shipping Act

Alaska Airlines and Hawaiian Airlines have unified their cargo operations on IBS Software's iCargo platform for enhanced efficiency.

A new study suggests floating nuclear power plants are technically viable for deployment in Greece, marking a first for Europe

China's container manufacturing output is projected to fall by as much as 30% this year due to market rebalancing.

CargoBeamer is expanding its Calais-Perpignan semi-trailer rail service due to rising demand and improved rail predictability

Freightos's Q1 2026 earnings call revealed minimal financial impact from the Middle East crisis

A potential closure of the Strait of Hormuz could trigger a major energy supply shock, with oil prices possibly reaching $200.
Shipping leadership is evolving from technical knowledge to broader skills, driven by industry integration and rapid change
Genco Shipping & Trading Limited issued a presentation to correct inaccuracies found in Diana Shipping Inc.'s investor materials.
G20 merchandise trade saw strong growth in Q1 2026, with exports and imports up 5.3% despite Middle East disruptions.
Scan Global Logistics expanded its collaboration with Hapag-Lloyd to reduce CO2 emissions through a book-and-claim system.
Iron ore futures saw a slight dip, with port spot prices holding steady and steel mills showing limited buying interest
Geopolitical tensions in the Middle East are hindering maritime casualty response, increasing delays and costs for shippers
Asian stock markets saw mixed results, with Japan and South Korea hitting records, while Iran geopolitical concerns persisted.
Russian fuel oil volumes in Singapore hit a one-year peak, driven by Middle East supply disruptions.
Copper futures climbed as markets anticipated a US-Iran peace agreement, with talks ongoing to reopen the Strait of Hormuz
Oil prices fell as US-Iran negotiations progressed, despite recent military exchanges, easing market concerns.

Digital freight forwarders are debating whether technology should be deeply integrated into logistics or act as a separate layer

Cathay Cargo has expanded its Airbus A350F order by two, bringing the total to eight aircraft with options for twenty more

US high-tech airfreight imports surged by 57% in Q1 2026, with Southeast Asia and Taiwan leading the volume growth.
The EU Solidarity Lanes have facilitated €282 billion in trade with Ukraine, remaining a critical route for heavy industry.
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