Daily Supply Chain Report
May 16, 2026 - Saturday
This day, we bring together the 8 key events that entered the chronology, in date order.
MicroVision Turns $33M Luminar Deal Into Trucking LiDAR Expansion. Company combines Luminar assets acquired from bankruptcy and Scantinel technology to offer cost-focused sensor solutions
In the same period, Iran Establishes New Transit Mechanism for Strait of Hormuz: Europe Begins Permit Negotiations. Iranian Parliament officials announce paid permit system for Strait of Hormuz transit; Chinese, Japanese and Pakistani v
Elsewhere, Dry Bulk Carrier Hayriye Ana Towed to Ambarlı After Engine Failure in Marmara. The 118-meter vessel lost propulsion off Beylikdüzü and was safely towed to anchorage by tugboat under pilot supervision
Then, US Allows Russia Oil Sales Waiver to Expire Despite Tight Market Conditions. Trump administration lets waiver lapse that enabled purchases of Russian crude, even as Iran conflict tightens global oi
Continuing on, USS Ford Strike Group Earns Presidential Unit Citation After Historic 326-Day Deployment. America's newest aircraft carrier completed one of the longest deployments since Vietnam War as fleet shortage stretched
Meanwhile, China Imposes Administrative Fines on MSC, CMA CGM and Hapag-Lloyd for Freight Rate Violations. China's Ministry of Transport has fined nine international container carriers and seven NVOCCs for violating freight rat
Shortly after, Port of Tuticorin Launches Tender for 420,000 TEU Container Terminal. V.O. Chidambaranar Port Authority issued global tender to transform Berth No. 7 into container terminal with USD 540 mil
On another front, MV Marquise Hit Off Ukraine Transits Istanbul Strait Under Security Escort. Cameroon-flagged Marquise vessel struck by drone attack off Ukraine transited Istanbul Strait under security protocols,
