Last year, the waterway saw a record 36 million tons of cargo pass through, of which more than half was super-chilled liquefied natural gas.

The Glovis Sun — carrying a couple thousand cars as its cargo — had recently traveled around Southern Africa, before arriving at the Port of Zeebrugge on July 18.

The program is designed to give women- and minority-owned small businesses the chance to learn the skills needed to work and grow within the maritime industry. 

After colliding with the Hafnia Nile, the Ceres I appears to have then switched off its transponder for more than a day.

Many port operations were disrupted, and air freight was hit the hardest, with a recovery period of the complex air cargo network predicted to last days or weeks.

The firm with $4 billion of assets is keen to branch out from its Middle East base to play a larger global role as economic growth expands demand for shipping.

The funds will be used for 10 separate projects across five ports, including cargo route optimization, emission reductions, and trucking appointment systems.

The Port of Los Angeles processed 827,757 Twenty-Foot Equivalent Units (TEUs) in June, a 10% increase over the previous month

The cables were severed by the anchor of a cargo ship sunk by Iran-backed Houthi militants in late February.

June figures were down in part due to some vessel owners opting to unload or refuel at Malaysian ports to avoid delays.