Gibson Weekly Shipping Report: 17 April Update

Iran’s foreign minister says the Strait of Hormuz is open to commercial vessels under coordinated transit during the ceasefire, a key development for Gulf trade, though it remains unclear if shipping volumes will meaningfully recover.

Class actions seeking tariff refunds are rising against brands and retailers, reflecting growing disputes over import duties and supply chain costs, with potential implications for global trade and shipping-linked pricing practices.

Explains how operators can meet the “covered small passenger boat” exception under the US Limitation of Liability Act, outlining eligibility criteria, regulatory requirements, and practical implications for limiting liability exposure in passenger vessel incidents.

DHS has issued a limited Jones Act waiver amid Iran-related supply disruptions, especially in oil markets, as U.S. forces conduct Operation Epic Fury, raising legal and logistical implications for maritime transport and energy supply chains.

Recent maritime chokepoint disruptions highlight how decisions made under security pressure can trigger long-term legal and insurance disputes, with fragile ceasefires likely to fuel a new wave of complex claims.

VPS has flagged multiple bunker fuel quality issues in Singapore following recent testing, issuing several alerts and a circular to warn the industry of potential risks affecting vessel operations and fuel reliability.

MSC explains the differences between spot and contract logistics, outlining benefits, flexibility, and cost considerations to help businesses choose the most suitable supply chain strategy.