The Logistic News

The Logistic News

CSX Completes Baltimore Tunnel Expansion, Opens Full Double-Stack Rail Access at Port of Baltimore

CSX Completes Baltimore Tunnel Expansion, Opens Full Double-Stack Rail Access at Port of Baltimore

CSX Transportation has officially completed its long-awaited $495 million Howard Street Tunnel expansion project in Baltimore, a milestone expected to significantly improve freight rail efficiency and strengthen cargo connectivity between the Port of Baltimore and major inland markets.     The project enables full double-stack container train operations through the historic 1.7-mile tunnel, eliminating a...

IMO to Evacuate Thousands of Seafarers Stuck in the Gulf

IMO to Evacuate Thousands of Seafarers Stuck in the Gulf

The International Maritime Organization is planning a major evacuation of thousands of seafarers stuck in the Persian Gulf after months of regional unrest and disrupted shipping traffic.     IMO Secretary-General Arsenio Dominguez announced the initiative while paying tribute to the seafarers who lost their lives during the crisis. According to the organization, 14 crew members died as a result of the conflict, while approximately 11,000 seafarers remain trapped in Gulf...

US Tanker Owner Criticises Iran Sanctions Waiver as Gulf Oil Flows Rebound

US Tanker Owner Criticises Iran Sanctions Waiver as Gulf Oil Flows Rebound

As oil shipments gradually resume through the Strait of Hormuz following recent diplomatic developments, debate is intensifying over who should benefit from the renewed flow of crude exports.  During a webinar organised by BTIG, International Seaways (INSW) Chief Executive Officer Lois Zabrocky voiced strong concerns regarding the temporary waiver of US sanctions on Iranian oil exports, arguing that compliant shipowners should be the primary beneficiaries of the recovering market.  The discussion, which also featured Rystad Energy analyst Susan...

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