The Logistic News

The Logistic News

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...

Oriental Sky Aviation Becomes First Chinese GSSA to Join Awery’s CargoBooking Platform

Oriental Sky Aviation Becomes First Chinese GSSA to Join Awery’s CargoBooking Platform

Oriental Sky Aviation has officially joined Awery Aviation Software’s CargoBooking platform, becoming the first Chinese General Sales and Service Agent (GSSA) to offer digital air cargo quotations and bookings through the online marketplace.     The announcement was made during Air Cargo Shanghai and represents a significant step forward in...

ITS Logistics warns shippers of looming capacity crunch as freight market tightens

ITS Logistics warns shippers of looming capacity crunch as freight market tightens

After nearly three years of historically low transportation rates, shippers may soon face a much different reality. According to executives at ITS Logistics, mounting pressure across the freight market is creating the conditions for a significant capacity crunch that could challenge companies still budgeting for flat transportation spending in 2026.  Speaking with FreightWaves, Ryan Martin, President of Distribution and Fulfillment at ITS Logistics, warned that warning signs have been building for months. ...

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