Shipping
Iran war-induced fertilizer shortage threatens Republicans in farm states ahead of midterms
Garrett Mauch spreads manure as fertilizer on fields at his family’s farm in Lamar, Colorado, on January 21, 2026. RJ Sangosti | The Denver Post Via Getty Images | Denver Post | Getty Images The Strait of Hormuz shutdown caused by the war in Iran is jacking up fertilizer prices, hitting farmers in their pocketbooks […]
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Oil supertanker rates hit all-time high as insurers drop war risk protection in the Middle East
Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Stringer | Anadolu | Getty Images Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping through […]
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The Strait of Hormuz crisis explained: What it means for global shipping
Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images The escalating war in the Middle East has ratcheted up fears of prolonged disruption to global trade via key maritime corridors like […]
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Panama cancels China-linked port deal, hands canal terminals to Maersk, MSC
This aerial view shows a cargo ship sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. Martin Bernetti | Afp | Getty Images Panama annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison in its official gazette Monday, transferring interim operations of the […]
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U.S. urges ships to stay ‘as far as possible’ from Iran’s waters in Strait of Hormuz after boarding attempts
An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel. Nurphoto | Nurphoto | Getty Images U.S.-flagged ships have been advised to stay “as far as possible” from Iranian waters when navigating the Strait of Hormuz as tensions between Washington and Tehran remain elevated. In a notice issued […]
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Oil ship seized by the U.S. over Venezuela sanctions was newly registered under Russian flag
The U.S. has announced the seizure of the Bella-1 for violations of U.S. sanctions. The vessel, known as the Marinera after recently reflagging to Russia, was seized in the North Atlantic pursuant to a warrant issued by a U.S. federal court after being tracked by USCGC Munro. Source: @US_EUCOM | U.S. Coast Guard | Via […]
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How Russia is benefiting from Trump’s Venezuelan oil plan
New data on the shadow fleet shows an increasing number of tankers are seeking the protection of Moscow by changing their flag of registration to Russia. That trend has been further accelerated by the United States’ seizures of vessels carrying sanctioned Venezuelan oil. President Donald Trump has said U.S. oil companies will invest billions of […]
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Trump’s trade war shift away from Chinese manufacturing has reached tipping point
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over […]
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‘This is a structural goods recession’: U.S. freight market is starting to roll over as Chinese trade plummets
The impact of President Donald Trump’s tariffs continues to rip through the logistics and transportation sectors, with major ports experiencing a steep drop in imports after records were set earlier this year, and volumes throughout the supply chain rolling over. For the first time in 2025, rates for van, flatbed, and refrigerated loads in October […]
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Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion
The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach. Einride Autonomous EV freight trucking company Einride is planning to go public on the New York Stock Exchange through a SPAC deal with Legato Merger Corp. III, a blank check […]
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