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JUNE 9, 2026

Allcargo Group honoured for Project Maitree's environmental impact on World Environment Day J M Baxi Marine Services recognised as 'Best Agent for Project Cargo Handling' by Mumbai Port AD Ports Group enters South American market with strategic acquisition of Brazil's leading independent agri-bulk port terminal operator DP World inks feasibility study agreement on using nuclear power in Port of Constanta Panama Canal Authority to reduce draft at Neopanamax Locks Shuttle feeder service between Tuticorin and Colombo commences from V. O. Chidambaranar Port's Tuticorin Container Terminal CONCOR deploys its own tank containers for bulk cement Guarding against copper theft, now a persistent supply chain threat Experts warn India against signing lopsided US trade deal under Section 301 pressure China outspent India 5-to-1 on industrial subsidies over last two decades: OECD Asia-to-US container rates skyrocket since start of Iran war Weak project economics, high fuel costs stall private funding for EU transit greening Home Minister to launch digital Land Port Management System today; aimed at ending cargo delays APSEZ secures 10-year marine services for Argentina's first LNG export to India

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JUNE 8, 2026

Cessna SkyCourier launches in the Philippines Inchcape launches NVOCC service in the USA Accelleron partners with Whale Guardians for whale safety Mark Hindley becomes President of ECG Japanese partners test biodiesel Argan hands over logistics platform in Louailles Girteka strengthens logistics operations in Poland Polish railway reports freight increase Rohlig SUUS opens terminal in Kielce Lineage opens new warehouse in Northern Germany Einride electrifies refrigerated transport for Scan Sverige Militzer & Münch expands in Africa Daniel Kjær becomes Vice President at deugro EU & Kenya deepen partnership in trade Qatar Airways Cargo achieves CEIV Fresh recertification Schroeter leads Corporate Affairs of the HGK Group Results of UECC's 10-year LNG course OpenSky World supports SolitAir in Italy APEDA exports millet products to New Zealand FedEx and China Southern: strategic partners GXO Logistics appoints Pascual Managing Director for Spain and Portugal Sallaum Lines receives two new ships in Nanjing Debrun becomes CEO of DHL Supply Chain in France Nico Schütz appointed new CEO of ASMO ThPA S.A. modernizes port parallel to Posidonia Hellmann builds logistics center in Dubai Air freight at the end of May: volume down, prices up

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JUNE 8, 2026

Gemini carriers set for market share grab on Asia-Mediterranean Near-record transpac spot rate surge a 'harbinger of instability', says Sea-Intelligence Ceva's next CEO faces a different challenge - integration, not expansion Booked out until 2028: the AI boom is now air cargo's growth engine Fuel crisis drives hefty CMA CGM surcharges on India-Africa cargo OX: 100 days of Iran war - growth forecasts ravaged but box numbers stay strong Hyundai Glovis to develop finished vehicle hub in Amsterdam The forwarders winning with AI started with a solid rate foundation Looking ahead: The STB's new rail scorecards - 'start benchmarking now' World Cup dream ruled offside for Mexicana, amid US aviation dispute

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JUNE 8, 2026

Ship Repair USA: Panel to discuss government shipbuilding and repair Federal spending priorities play a critical role in shaping opportunities for shipyards, repair facilities and maritime service providers. At Marine Log's Ship Repair USA-taking place June 23-24 in Jacksonville, Fla.-industry leaders and ABS takes a measured look at IMO mid-term measures and path to decarbonization ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization. Titled, The ABS View: A Practical Path Forward on IMO Mid-Term TTD to Congress: U.S. Merchant Marine needs tax incentives and government cargo Yesterday, the executive committee of the Transportation Trades Department, AFL-CIO (TTD) released a policy statement calling on Congress to adopt tax incentives and commercial cargo requirements to strengthen the U.S. Merchant Marine. NASSCO christens USNS Thurgood Marshall General Dynamics NASSCO, San Diego, last week christened and launched the USNS Thurgood Marshall (T-AO 211), the seventh ship in U.S. Navy Military Sealift Command fleet oiler program. The ship is named Oak Ridge dual fuel combustion system enables 75% methanol operation Oak Ridge National Laboratory (ORNL) reports that a methanol dual fuel combustion system it has developed in collaboration with Caterpillar Inc. has produced significant progress, with clear relevance for inland and coastal Austal USA names Gene Miller president and adds three new leadership team members Austal USA reports that Gene Miller has now been chosen as the company's president. He has served as interim president since February 16, 2026, following the planned retirement of former president Michelle Op-Ed: Uncovering hidden failure points in vessel fires As the maritime industry evolves integrating lithium-ion batteries, hybrid propulsion systems, and increasingly complex onboard technologies vessel fires are no longer straightforward events. Yet many investigations and insurance evaluations still rely on

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JUNE 8, 2026

HJSC wins AiP for 10,000-TEU biofuel-powered container ship HJ Shipbuilding & Construction (HJSC) has received Approval in Principle (AiP) from the Korean Register (KR) for the design of a 10,000-TEU biofuel-powered container ship. The companies held the AiP award ceremony on June 4 during Posidonia 2026 in Athens. HJSC CEO Yoo Sang-cheol and KR Senior Managing Director Cho Byung-sam attended the event. HJSC developed the vessel in response to growing dem Hellmann expands automotive logistics network with new Dubai hub Hellmann Worldwide Logistics has started construction of a new automotive logistics hub in Dubai's Jebel Ali Free Zone (Jafza). The project supports the company's long-term growth strategy and strengthens its automotive logistics capabilities in the Middle East. Hellmann said the facility will support existing automotive customers while creating additional capacity for future growth. The company Kuehne+Nagel expands Inspire air freight network Kuehne+Nagel has expanded its own-controlled air freight network by adding Frankfurt to its Inspire aircraft rotation. The move strengthens connections between North America, Europe and Asia. It also improves support for pharmaceutical and other time-sensitive cargo shipments. The first Inspire flight arrived in Frankfurt as part of the expanded network. Frankfurt is Europe's largest air cargo hu Eugenides Foundation puts seafarer education at the heart of Posidonia 2026 The Eugenides Foundation hosted a high-level event at Posidonia 2026 focused on the training and upskilling of the next generation of seafarers, bringing together leading figures from international maritime education and industry. The event, titled "Skilling and Upskilling the NextGen Seafarers: Eugenides Foundation Advances into the International Education Ecosystem", drew on the Foundation's 70 How three simultaneous shocks are reshaping global shipping Dark transits, secondary rate contagion, and a revived Houthi blockade are converging to produce a shipping crisis that no single chokepoint map can capture "K" LINE to roll out electronic UMS inspection system across managed fleet Kawasaki Kisen Kaisha ("K" LINE) has decided to implement a new Electronic UMS (Unattended Machinery Space) Check System across its managed fleet following a series of operational trials conducted between 2024 and 2026. The company plans to begin phased deployment of the system around July 2026, aiming to reduce crew workload, enhance onboard safety and improve the use of operational data collect Icelandic court dismisses Alcoa lawsuit against Eimskip and Samskip The Reykjavík District Court has dismissed a tort case brought by Alcoa Fjardaál against Eimskip, Eimskip ísland, Samskip and Samskip Holding. The case was the second legal action filed by Alcoa concerning the same underlying matter. In May 2025, Alcoa suspended its original lawsuit against Eimskip and agreed to pay the associated litigation costs. The company subsequently filed a new case in De Busan's maritime hub goal gains impetus as former minister becomes mayor Pan Ocean and Sinokor Merchant Marine may join other South Korean shipping companies in relocating to Busan, after Jeon Jae-soo, a member of the ruling Democratic Party and former Minister of Oceans and Fisheries, was elected as Busan's new mayor. Jeon was elected on 3 June, with 50.5% of votes counted. Many shipping companies, originally based in Seoul, are being encouraged to move to Busan to f APM Terminals expansion to cut rail capacity at Maasvlakte II APM Terminals is preparing to reduce rail handling capacity at its Maasvlakte II terminal in Rotterdam as expansion and testing works continue at the facility. The temporary changes will affect operations between the rail area and the terminal yard, with rail capacity expected to be reduced by approximately 40% from July 1, 2026 until around June 2027. During the construction period, rail handlin UniSea acquires Kaiko Systems to strengthen AI-powered fleet management platform UniSea has acquired German maritime software company Kaiko Systems. The deal expands UniSea's Fleet Management System (FMS) with AI-powered inspection and compliance tools. It also creates a larger maritime technology group serving more than 4,000 vessels worldwide. UniSea currently provides HSEQ, maintenance, procurement and drydocking software for more than 3,000 vessels. Kaiko Systems supports Drewry Intra-Asia Container Index hits record high as freight rates surge The Drewry Intra-Asia Container Index (IACI) rose 10% this week to a record high of US$1,114 per 40-foot container. The benchmark index has strengthened in 11 of the last 12 weeks. Drewry said the index has more than doubled since the US-Israeli attacks on Iran, reflecting strong demand and growing market uncertainty. Freight rates increased sharply on several routes connecting China with South a Posidonia 2026 wraps up with record-breaking attendance The 29th edition of Posidonia closed at the Athens Metropolitan Expo, setting new records for both attendance and exhibitor participation. More than 35,000 visitors and 2,200 exhibitors took part in what organisers describe as the world's premier maritime business platform. A defining moment for the industry The 2026 edition took place against a backdrop of intense geopolitical and regulatory pre DP World launches SMR feasibility study at Port of Constanta DP World has signed an agreement with French research organisation CEA and strategy specialist TerraWater Institute to conduct a feasibility study into the application of Small Modular Reactor technology at the Port of Constanta in Romania. The study will assess how nuclear energy could meet the port's long-term energy needs, support decarbonisation and strengthen operational resilience as electr Israel and Iran exchange heavy strikes as Houthis seal Red Sea shipping The fragile regional ceasefire established on April 8 has collapsed after a sequence of direct military exchanges between Israel, Iran, and Yemen's Houthi rebels. The escalation has forced the United States to shutter its primary diplomatic facilities in Israel, ordering personnel into bunkers as air raid sirens echoed across the country. The Catalyst and Crossfire The rapid unraveling of the two Wallem-managed bulk carrier rescues Filipino fishermen near Philippines A bulk carrier under Wallem Group management rescued two Filipino fishermen after their vessel began sinking near the Babuyan Islands in the Philippines. The incident took place in May while the vessel was sailing from Abbot Point, Australia, to Cam Pha, Vietnam. The ship was carrying a full cargo of 80,000 tonnes of coal. At around 08:35 local time, the crew spotted a small fishing boat in distr Readers Speak: Diplomacy seen as key to Hormuz shipping future The latest Readers Speak poll asked readers a forward-looking question: What will shape Hormuz shipping most? The results reveal a clear industry message: while regulations, military pressure, and regional politics all matter, readers believe diplomatic progress will ultimately have the greatest influence on the future of shipping through the Strait of Hormuz . Diplomacy emerges as the leading fa Lorenzo Shipping records softer first-quarter performance Lorenzo Shipping Corporation reported weaker revenue performance during the first quarter of 2026 while continuing efforts to reshape its business model. The Philippine domestic shipping operator generated PHP 224.8 million (approximately US$3.7 million) in ocean freight revenue during the quarter, reflecting a 16% year-on-year decline as transported volumes fell by 8%. Despite softer revenue per JTTRI signs maritime cooperation agreements with Indian organizations The Japan Transport and Tourism Research Institute (JTTRI) has signed two memoranda of understanding in India to strengthen maritime research cooperation. The agreements were signed with the Indian Ports Association (IPA) and the Centre for Maritime Economy and Connectivity (CMEC). Both agreements cover research cooperation and joint projects over the next five years. JTTRI signed the MoUs last F SCA receives Egypt's first petroleum services vessel The Suez Canal Authority (SCA) has received FAKHR 1, Egypt's first integrated petroleum supply and services vessel. The vessel arrived at Timsah Shipbuilding Company after completing a 33-day voyage from China. FAKHR 1 was built at Ningde Tai Jinzhou Yuajin Shipyard. The vessel transited the Suez Canal within the southbound convoy before reaching its berth. FAKHR 1 measures 64.8 meters in length

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JUNE 8, 2026

Where will tomorrow's seafarers come from? A landmark study warns that nearly half of today's seafarers plan to quit within five years. As traditional crewing markets age and working conditions drive talent away, shipmanagers are scrambling to build new pipelines. The latest chapter from our new shipmanagement magazine. The numbers are alarming. A major new survey by the World Maritime University ... Purus CSOV wins work on Dutch offshore wind project The OranjeWind project, a joint venture between RWE and TotalEnergies, and Purus have signed a five-year charter agreement to operate the CSOV Purus Power. The vessel will be used for planned and unplanned maintenance work within the OranjeWind offshore wind farm. The deal has options to extend past the fixed five years. The 88-m Purus ... Eni and Petronas create Southeast Asia upstream powerhouse Italian major Eni and Malaysian state-owned company Petronas have formed Searah, a new 50-50 joint venture combining key businesses across Indonesia and Malaysia. The JV was officially established seven months after the investment agreement was signed in November 2025, and 16 months after the MoU in February 2025. All Eni Indonesia and Petronas Indonesia staff ... Technip Energies secures major role on Mozambique FLNG project French-based engineering and technology company Technip Energies has been awarded an EPCIC contract by the Eni-led Mozambique Rovuma Venture for the Coral Norte FLNG project. The contract, won in partnership with JGC and Samsung Heavy, represents a major award for the company, placing it in the region of above €1bn ($1.15bn) in revenue. This reflects ... Jinhui's ultramax ordering spree rolls on Jinhui Shipping and Transportation has expanded its ultramax newbuilding programme with an order for two more bulk carriers at China's New Dayang Shipbuilding. The Oslo-listed, Hong Kong-based owner has contracted a pair of 64,100 dwt vessels at the Sumec Marine-controlled yard for a combined price of $68m, according to stock exchange filings. The ships are ... Houthis enter the fray as Israel and Iran trade missiles Middle East tensions have escalated sharply after Israel launched strikes against Iran, triggering fresh concerns for global shipping markets already grappling with disruption in the Strait of Hormuz and renewed threats in the Red Sea. The Israeli military said it had struck a petrochemical plant in Iran's southwest, along with military targets in western and ... Safeen Subsea lands offshore installation contract Saudi Arabia-based provider of subsea services, Safeen Subsea, has won a contract to perform installation work on sleepers, riser clamps, and risers for an undisclosed offshore project in the region. The project will utilise Safeen Subsea's integrated offshore capabilities, combining engineering, project management, and offshore execution expertise to deliver the works safely and efficiently to ... Leadership shakeup sees MedcoEnergi name new chief executive Indonesian oil and gas company MedcoEnergi has appointed Ronald Gunawan as its new chief executive officer (CEO). The change comes following a leadership shakeup after the company's annual general meeting of shareholders. Gunawan will replace Roberto Lorato, who will transition to the board of commissioners to serve an advisory role. Gunawan has 37 years of ... Norway averts offshore oil strike with last-minute pay deal Norway has avoided a strike at offshore oil platforms after trade unions and oil companies agreed on an improved wage package. If workers had gone on strike, Norway's oil and gas output could have fallen by about 45,500 boe per day. The three unions, Safe, Styrke, and Lederne, have around 8,100 members involved in oil ... Petronas forms regional alliance to boost offshore oil recovery Petronas has signed a memorandum of understanding with regional exploration and production operators and University Technology Petronas to jointly evaluate opportunities to enhance oil recovery in offshore acreages. The agreement, signed through Malaysia Petroleum Management, was signed by Petronas, Petronas Carigali, Universiti Teknologi Petronas, PTTEP, and Pertamina. Under the MoU, the parties Panama Canal draft cut revives memories of drought crisis The Panama Canal Authority (ACP) has announced a reduction in the maximum authorised draft for vessels transiting its neopanamax locks, a move likely to rekindle concerns across global shipping about a repeat of the severe disruption experienced during the canal's last drought crisis. Effective July 3, vessels using the neopanamax locks will be limited to ... Lidl-backed carrier switches to German flag as Heilbronn becomes seaport for first time Tailwind Shipping Lines, the container shipping arm of German retail giant Lidl, has placed its first vessel under the German flag, making inland city Heilbronn the home port of an oceangoing ship for the first time in its history. The 5,527 teu containership Panda 001 officially adopted Heilbronn, located on the Neckar River in southern ... Private equity and shipmanagement PE capital has turbocharged shipmanagement consolidation. But in a business built on safety, seafarers and decades-long relationships, the fit has never been straightforward. The latest installment from our new shipmanagement magazine. Capital has flooded into third-party shipmanagement over the past decade, backing consolidation, fuelling technology investment and reshaping the competitive lands

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JUNE 8, 2026

Hormuz crisis still pumping up Panama Canal transits as El Niño threat looms The future concern over the Panama Canal is all about the weather: the chance of a potentially severe El Niño... Can we stop seafarers from being criminalised? Lloyd's List reporter Joshua Minchin asks why seafarers continue to be detained for extended periods over crimes in which they... EU used new powers to sanction Iran over Hormuz The EU imposed its first sanctions under a new maritime security regime, targeting two Iranian individuals and an IRGC naval... Choose your fighter: New IMO plans set up carbon pricing showdown Three policy proposals are emerging as contenders for the next round of IMO talks. They point to a showdown between... The Week in Charts: China-controlled vehicle carriers clear MEG | Sinokor's buying spree pulls three former shadow fleet tankers into the light Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage UPDATE: India says 24 crew safe after US disables sanctioned tanker off Oman A fire and explosion were reported aboard sanctioned tanker Marivex off Oman, but all 24 Indian crew members are safe... From TACO to NACHO: The pricing logic behind the tanker stock rout Smart money is betting big on prolonged tanker prosperity, but collective optimism has backfired before EU's Mediterranean naval force joins fight against Russia's shadow fleet Operation Irini's boarding of two suspected fraudulently flagged tankers is the first evidence of coordinated efforts at an EU-level to... Middle East crisis drags on global box volumes April's carrier volume figures show MEG disruption continuing to weigh heavily on global box numbers, but the wider market is... The week in newbuildings: Orders valued at $6bn signed Continued strong ordering activity confirms confidence across many shipping sectors, as shipowners pile up orders for more fuel-efficient ships Middle East port update: Monday, June 8 In UAE, the Fujairah Oil Tanker Terminal is mostly operational, according to the latest update from the port Hormuz sinks Chinese tanker tonne-mile demand to 10-year low, but restocking lies ahead Beijing's foresight to shield itself from turbulent geopolitical risks has allowed China to reduce its crude import dependence, as shipping... The Daily View: Faltering foundations Houthis declare 'total ban' on Israeli ships in Red Sea as Israel-Iran strikes shatter ceasefire Israel and Iran have exchanged direct strikes for the first time since April's ceasefire, as the US continues its naval... MPA warns of drifting containers after vessel sinks off Singapore All nine crew were rescued and vessel traffic in the Singapore Strait remains unaffected Daily Briefing Importers frontload now to avert higher fuel surcharges and tariff bills later | Russia challenges ship insurance rules as pressure...

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JUNE 8, 2026

US retailers forecast early - and brief - peak shipping season The National Retail Federation on Monday upgraded its previous forecast for June imports, but lowered expectations for imports landing through the rest of the summer and into early fall. Top 25 LTL carriers look to industrial gains for freight in 2026 After three years of flattish revenue, the largest US LTL carriers are poised for growth, as long as manufacturing activity continues to expand. Hormuz closure drives deepening divide in east-west bunker supplies While there is no widespread drying up of fuel in the worst-hit ports, availability is steadily tightening in specific regions, particularly around low-sulfur blends.

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JUNE 8, 2026

Tanker burining in Gulf of Oman was hit by US fighter jet Product tanker was sanctioned in January for carrying Iranian fuel oil and bitumen in the Gulf Diana Shipping pivots in proxy fight by withdrawing most nominees. Genco calls it 'gamesmanship' Semiramis Paliou-led shipowner's move comes after failing to secure proxy firms' stamp of approval for board takeover Pangaea Logistics' director shakeup leaves Strategic Shipping with more board influence Three directors with more than a decade on the board shown the exit door Were tanker owners right to be upbeat at Posidonia? UK researcher says owners naturally lean towards optimism, but market could weaken over coming year More than 20 seafarers rescued from burning product tanker off coast of Oman Product tanker was sanctioned by the US in December for moving Iranian cargoes Over 20 seafarers rescued from burning product tanker off coast of Oman Product tanker was sanctioned by the US in December for moving Iranian cargoes Adnoc L&S LNG newbuilding snapped up on multi-month deal Another next generation company vessel ships key Canadian shipment into South Korea Hermann Lohmann exits container shipping with final vessel sales Deal adds to trickle of sales from German market while asset values remain strong Scramble to clear dozens of containers from major waterway after boxship sinking Samudera deployed Golden Star 1 on service to Malaysia StealthGas to focus on fleet renewal when ship sabotage insurance claim settled Talks with NorthStandard ongoing over damaged Eco Wizard Lidl-owned shipping line to place entire fleet under German flag Shipping line registers 5,527-teu Panda 001 (built 2005) in port close to parent company in Southwest Germany New shipping shock brewing as delays grow at Panama Canal Analysts see pressure increasing at global chokepoint, with vessels likely to reroute Russian insurer silent over sanctioned tanker seizure The French military seized the aframax Tagor last month in an operation off the Britanny coast Last of big three proxy firms swings behind Genco in takeover battle with Diana ISS recommends shareholders stick with US bulker owner's board in key vote next week Father of Genco Shipping talks about knowing when it's time to go Peter Georgiopoulos and Leo Vrondissis founded the New York bulker owner being chased by Diana Shipping CMA CGM orders eight container ships at Hengli Heavy Industry It is the first time that the French line has ordered newbuildings at the Dalian-based shipyard Dry bulk's 'sleeping giant' wakes up as rates hit strongest levels in years Capesize market has enjoyed its best start to the year since 2010 Car carrier market swallows newbuildings as analysts mull how long the party will last Massive earnings have made major investors fortunes in recent years LPG stocks defy choppy markets as investors urged to buy gas carrier owners Fearnleys and Pareto maintain buy ratings for VLGC stocks Sanctioned tanker hit in suspected sabotage attack off Yemen Security experts say the attack on the shadow fleet tanker hauling Russian crude fits method of previous attacks Jinhui Shipping newbuilding programme hits double figures with latest pair Hong Kong shipowner's orderbook now stands at 10 ultramax bulkers Vafias-controlled StealthGas reveals LPG carrier sale as profit rises Greek owner says the Eco Royalty will be the third ship offloaded this year Dry bulk's 'sleeping giant' wakes up as rates hit strongest levels in years Capesize market has enjoyed its best start to the year since 2010 New appetite for maritime digitech investment as mergers continue GTT Marine brings together trio of acquisitions as new funds emerge to invest in AI and maritime technology Emergency response delayed as three boxships torn from moorings in storm Australian report says tug crews could not immediately reach their vessels due to transport chaos Scramble to clear hundreds of containers from major waterway after boxship sinking Samudera deployed the Golden Star 1 on its Singapore-Pasir Gudang service Samsung Heavy Industries launches hull of Canada's Cedar FLNG unit Shipbuilder is now constructing three FLNG producers Swiss owner ABC Maritime hungry for tonnage after forming new tanker firm ABC Tankers has lined up initial 10-ship fleet in partnership with European owner Purus Marine linked to LNG carrier order at Samsung Heavy Industries The company has four LNG carriers on order at the Koje shipyard Bulk carriers are back - and bauxite is leading the charge New bauxite trade routes and fresh orders are returning dry bulk to the heart of Greek shipping 'All enemy movements are legitimate targets': Houthis threaten new attacks on Red Sea shipping The rebel group has kept a lower profile in the Middle East crisis since attacking ships in a near two-year campaign 'Go big or go home': Peter Georgiopoulos opens up on return to the VLCC market Legendary New York shipowner sees long-term upside in big tankers Bangladesh shipbreaker tries to return US-sanctioned tanker to sender SN Corp says recycling has been complicated by blacklisting Fujian Shipping inks MPP newbuildings at Nantong Xiangyu Order forms part of a fleet diversification strategy Seacon Shipping banks big gain from bulker sale to Greek owner Hong Kong-listed owner sells kamsarmax to Greece-based shipowner Yevgen Lavrenko Marinakis company lifts backlog to $3.1bn with a series of newbuilding charters Greek owner's Capital Clean Energy Carriers has boosted its fleet with newbuildings Iran and Oman to charge for Strait of Hormuz 'services', says Tehran Kazem Jalali sees fees as inevitable when strait reopens Asyad Shipping LNG carrier arrives off India for demolition Scrapping numbers inch up for sector, albeit slowly Seacon Shipping's selling spree leads to huge gains Hong Kong-listed owner sells kamsarmax to Greek shipowner Yevgen Lavrenko Chinese owner puts bulker up for auction as part of fleet upgrade plans Small fleet operator targets 30,000-dwt replacement Pleiades joins MR tanker bandwagon with order for two ships It has contracted China's Guangzhou Shipyard International to build the newbuildings Samudera emerges as charterer of sunken boxship in Singapore Strait Indonesian owner deployed the Golden Star 1 on its Singapore-Pasir Gudang service John Su's Erasmus teams up with CULines to order feeder container ships CSSC Huangpu Wenchong is contracted to build up to four 1,900-teu vessels

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JUNE 8, 2026

AI-powered broker Fura announces latest acquisition Freight broker Fura announced Monday that it has acquired LG Logistics Solutions. This marked the sixth acquisition for the Cincinnati-based AI-powered 3PL. Financial terms of the transaction were not disclosed. "Freight brokerage is one of the largest and most fragmented service industries in the country - thousands of small brokers running on manual processes and heavy overhead," stated a news FreightWaves Today: Mergers, fraud rings and the mid-June rate pause Rail: Bipartisan push for rigorous UP-SP merger review The bipartisan House Appropriations Committee added language to its fiscal 2027 transportation appropriations bill urging the Surface Transportation Board (STB) to apply strict scrutiny to the proposed $72 billion Union Pacific-Southern Pacific merger . If evaluated under the STB's rigorous 2001 rules, the merger -which would create the first Kloster sworn in as STB member Kloster was appointed by President Donald Trump in September and confirmed by the Senate on May 18, 2026, for a term ending December 31, 2028. A graduate of Northern Illinois University, Kloster for the past 17 years has been president and founder of Integrity Rail Partners, Inc., a consultant specializing in rail equipment as well as strategic planning, acquisitions, and marketing. Kloster bring LTL general rate increases no longer an annual event ArcBest announced Monday a 5.9% increase to general rates and charges for less-than-truckload services in both of its business units. The increase takes effect on June 22. This year's general rate increase is a little ahead of the 11-month cadence the company has followed over the past few years. ArcBest's ( NASDAQ: ARCB ) LTL unit, ABF Freight, last implemented a GRI on Aug. 4. That increase was C.H. Robinson's next AI step: adding Engineer to the Planner Last year, C.H. Robinson, whose embrace of AI helped to drive its stock up by almost by a factor of three in a little more than two years, is rolling out its next initiative with a public launch. Many of the AI enhancements that the country's biggest brokerage has implemented in its operations are done without fanfare. But that changed a year ago when the company announced its Lean AI Planner . A Containers say 'hold my disruptions' as ocean rates surge Global container volumes maintained a strong pace in April, turning in strong year-on-year gains in the first full month since Iran closed the Strait of Hormuz. Despite serious disruptions from the Iran war, where hostilities now stretch from the Persian Gulf to the Mediterranean, global container traffic remained 'remarkably resilient' at 16.2 million twenty foot equivalent units in April, accor Customs fraud cases surge as whistleblowers target tariff evasion The U.S. Department of Justice is increasingly turning to the False Claims Act to pursue companies accused of evading customs duties, a trend legal experts say is likely to accelerate as tariffs remain elevated and whistleblowers become more active. Alexander M. Owens, a partner at Pietragallo Gordon Alfano Bosick & Raspanti LLP in Philadelphia who represents whistleblowers and businesses in Fals Robots drive $10B Amazon investment for European fulfillment centers Amazon plans to deploy three types of new robots as part of a plan to invest more than $10 billion to expand and modernize fulfillment centers in Europe and grow its workforce by 25,000 by the end of the decade. Amazon ( NASDAQ: AMZN ) relies on robots to make the work environment safer and easier for employees, while improving package processing speed. Amazon Robotics was founded in 2012 when Am Samsara raises guidance amid data center boom Samsara said the construction of data centers, updates to the energy grid, and other government-related infrastructure investments are driving new demand across its platform. Recent business wins prompted the fleet telematics and safety technology company to raise its full-year revenue and earnings outlook. San Francisco-based Samsara ( NYSE: IOT ) reported total revenue of $479 million, a 31% ye The Supreme Court Just Stripped Brokers of Their Biggest Legal Shield The freight brokerage industry has operated for decades under a legal assumption that is now gone. On May 14, the U.S. Supreme Court ruled unanimously in Montgomery v. Caribe Transport II, LLC that state-law negligent-hiring claims against freight brokers are not preempted by the Federal Aviation Administration Authorization Act (FAAAA). The 9-0 decision, authored by Justice Amy Coney Barrett, re Hungry? Get a Subway sandwich with your Walmart parcel delivery As Walmart rolls out 30-minute delivery in select markets it's throwing in a Subway sandwich to make its service more tasty to shoppers than express delivery from rival Amazon, Uber Eats and DoorDash. The retail behemoth on Thursday announced that customers in six states can order a Subway meal directly through the Walmart ( NASDAQ: WMT ) app or website and have it delivered in as little as 30 mi FedEx, China Southern Airlines to explore cargo cooperation FedEx Corp. and the air cargo arm of China Southern Airlines last week agreed to strategically collaborate on ways to improve the efficiency and service capabilities of their air logistics networks by leveraging each company's respective advantages and sharing best practices. The companies signed a memorandum of understanding formally establishing a working relationship in Guangzhou, China, where Veterans in Logistics names John Tozer as Chairman The Broker-Carrier Summit officially launched Veterans in Logistics at its 2026 event in Kansas City. It named John Tozer as the initiative's first chairman to lead efforts connecting, supporting and advancing military veterans in freight and transportation. Tozer, a naval aviator who spent 13 years flying helicopters in theaters worldwide, brings extensive operational and leadership experience. Eight indicted in alleged carrier impersonation scheme; prosecutors allege $4.49 million in cargo losses Eight individuals have been indicted in New York in connection with what prosecutors allege was a multi-state cargo theft operation. Prosecutors allege the scheme involved the unauthorized use of shipment information and the impersonation of legitimate trucking carriers to divert freight shipments valued at approximately $4.49 million, according to the indictment and a public announcement from th House endorses 25-year old rules for rail merger review A coalition opposing the Union Pacific-Southern Pacific merger got a boost from a powerful House committee that called for a thorough review of the deal that would create the first all-freight transcontinental railroad. The Surface Transportation Board was urged to conduct a rigorous review of the merger in language added to the fiscal 2027 Transportation, Housing and Urban Development (THUD) App