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News
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From
Mike Schuler
via
gCaptain
Los Angeles and Long Beach Post Strong June as Retailers Frontload Imports
The nation’s two busiest container gateways continued to benefit from an early peak shipping season in June as importers rushed cargo into the United States ahead of potential new tariffs,...
From
Lori Ann LaRocco
via
gCaptain
Port of Los Angeles Tops 1 Million TEUs in Record June
By Lori Ann LaRocco – The Port of Los Angeles, the nation’s busiest container seaport, processed more than 1 million twenty-foot equivalent units (TEUs) in June, making it the busiest...
From
Mike Schuler
via
gCaptain
Delfin Advances Second Floating LNG Vessel Off U.S. Coast
Delfin Midstream is moving ahead with plans for its second floating LNG export vessel off the Louisiana coast, announcing a new partnership with MidOcean Energy and authorizing the purchase of...
From
Reuters
via
gCaptain
White House Weighs Jones Act Waiver Extension As Hormuz Conflict Reignites
The White House is weighing another extension of waivers allowing foreign ships to transport goods between U.S. ports as renewed conflict with Iran raises concerns about energy prices and supply disruptions, two sources familiar with the discussions said on Wednesday.
From
Mike Schuler
via
gCaptain
Iran Threatens Wider Energy Chokepoints After Fresh U.S. Strikes
By Enas Alashray and Tala Ramadan CAIRO/DUBAI, July 15 (Reuters) – The U.S. conducted a new wave of strikes against Iran’s coastal defense systems and cruise missile storage and launch sites on Wednesday after reimposing a...
From
Bloomberg
via
gCaptain
Trump Pledges to Escalate Attacks Until Iran Relents on Hormuz
President Donald Trump said he would intensify the US’s bombardment against Iran until it stops attacking ships in the Strait of Hormuz and agrees to open the waterway.
From
Reuters
via
gCaptain
One Dead, 2 Missing After Boat With 19 Aboard Capsizes In San Francisco Bay
July 14 (Reuters) – One person died and two others were missing on Tuesday after a triple-deck pontoon boat with 19 people aboard capsized near Alcatraz Island in San Francisco Bay, officials...
From
Mike Schuler
via
gCaptain
U.S. Intensifies Sanctions on Iranian Shipping Network as Naval Blockade Resumes
The Trump administration on Tuesday expanded its economic campaign against Iran by imposing sweeping new sanctions on a major shipping and oil trading network just hours after the U.S. military...
From
Mike Schuler
via
gCaptain
Seafarer Death Toll Climbs as Trump Declares Hormuz ‘Open to ALL Ship Traffic’
The human toll of the escalating conflict in and around the Strait of Hormuz continues to rise, with one Indian seafarer killed and at least 10 others injured after missile...
From
Mike Schuler
via
gCaptain
Refiners, Not Consumers, Are Biggest Winners From Jones Act Waiver, OSG CEO Says
The Trump administration’s emergency Jones Act waiver has delivered a windfall to U.S. refiners while doing little to lower fuel prices for consumers, according to a new analysis from the...
From
Reuters
via
gCaptain
Red Sea Shipping Faces Renewed Risk as Iran Signals Pressure Beyond Hormuz
By Samia Nakhoul BEIRUT, July 14 (Reuters) – Having choked off shipping through the Strait of Hormuz, Iran is now signaling it could play its most dangerous card yet: using Yemen’s Houthi...
From
Mike Schuler
via
gCaptain
Trump Drops Proposed 20% Hormuz Fee, Replaces It With Gulf Investment Deals
President Donald Trump has abandoned his proposal to charge a 20% fee on cargo moving through the Strait of Hormuz, saying the United States will instead seek trade and investment...