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The Trump administration has signed an interim agreement with Iran aimed at ending months of disruption in the Strait of Hormuz, restoring oil flows and creating a 60-day window for broader negotiations. The arrangement reportedly includes a US$300 billion reconstruction and economic fund, although no outside guarantors or enforcement mechanisms have been disclosed, leaving many in shipping cautious about declaring the crisis over.
Tankers began moving through the strait within hours ...
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Robert J. Harvey was sworn in June 1 as the newest commissioner of the Federal Maritime Commission, filling a seat on the five-member agency that regulates the U.S. international ocean transportation system.
Harvey, of Florida, was nominated by President Donald Trump in September 2025 and confirmed ...
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Federal authorities have arrested a California resident and chief executive of an Iranian technology company on charges he orchestrated a years-long scheme to acquire and ship U.S.-origin networking, security and encryption equipment to sanctioned Iranian nuclear and military entities.
The U.S. Department of Justice said Jamshid ...
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The Montreal Port Authority (MPA) has appointed Paul Bird as president and CEO, succeeding Martin Imbleau, who departed earlier this year, the authority said.
Bird was chief commercial officer of the MPA and has been closely involved in the port’s recent commercial development and infrastructure initiatives, ...
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Nearly 500 maritime and transportation industry executives gathered Wednesday evening at Chelsea Piers for the 32nd International Maritime Hall of Fame Awards hosted by the Maritime Association of the Port of New York and New Jersey.
The annual event recognized four maritime leaders for their contributions ...
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GEODIS has reported several executive leadership appointments and organizational changes in the Americas as the global logistics provider seeks to strengthen customer experience capabilities and support continued regional growth.
The company said the changes include the formation of a dedicated client experience organization intended to improve ...
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Austrian cleantech startup REPS has secured US$23.6 million in equity financing to expand deployment of its Road Energy Production System, a technology designed to convert vehicle traffic into electrical energy.
The company said its patented system captures mechanical energy generated when vehicles brake or slow down ...
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When an Arkansas museum approached GEODIS in late 2025 about transporting pieces of the Berlin Wall to the United States, the assignment quickly evolved into a carefully orchestrated multimodal project involving ocean shipping, rail transportation, trucking and extensive engineering coordination.
Over the following several months, the ...
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Container shipping and logistics trends across Latin America are becoming increasingly shaped by supply chain digitalization, infrastructure investment and mounting geopolitical uncertainty, according to Maersk’s latest regional market assessment.
In its May Latin America market outlook, Danish shipping and logistics group A.P. Moller - Maersk said ...
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Awery Aviation Software has won the International Air Transport Association ONE Record Hackathon for the fifth time, developing a real-time cargo monitoring solution during the 48-hour event in Hong Kong.
The winning platform, called Voyager, was designed to integrate with the ONE Record API and provide ...
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