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From
John Konrad
via
gCaptain
USS Ford Strike Group Earns Presidential Unit Citation After Historic Cruise
NORFOLK, Va. — America’s newest commissioned aircraft carrier USS Gerald R. Ford (CVN-78) tied up at Pier 11 this morning after 326 days at sea, completing one of the longest deployment by...

From
Mike Schuler
via
gCaptain
Long Beach Cargo Drops as Hormuz Crisis Keeps Pressure on Supply Chains
The Port of Long Beach posted another year-over-year decline in cargo volumes in April as global market volatility, rising fuel costs and supply chain uncertainty continue to pressure international trade...

From
Reuters
via
gCaptain
Greek-Operated Tanker Breaks Through Hormuz Gridlock
A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through the waterway this week, ship tracking data showed on Friday.

From
Bloomberg
via
gCaptain
Iran Seizes Chinese-Owned ‘Floating Armory’ Ship Near Hormuz
Iran seized a Chinese-owned ship that’s one of a handful of so-called floating armories that operate in the region, according to two maritime security consultants who asked not to be identified discussing sensitive information.

From
Mike Schuler
via
gCaptain
$13 Billion Commonwealth LNG Project Gets Green Light in Louisiana
Caturus announced Friday it has reached final investment decision (FID) on the long-delayed 9.5 million tonnes per annum (mtpa) Commonwealth LNG export terminal in Cameron Parish, Louisiana, backed by $9.75 billion in project...

From
Reuters
via
gCaptain
Trump Says Patience With Iran ‘Running Out’ After Xi Talks on Hormuz
U.S. President Donald Trump said his patience with Iran was running out and that Chinese President Xi Jinping had agreed that Tehran must reopen the Strait of Hormuz, but China gave no indication it would weigh in.

From
Bloomberg
via
gCaptain
UAE Will Double Oil Export Capacity Bypassing Hormuz by 2027
The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by next year, as it seeks to reduce reliance on the shipping chokepoint.

From
Reuters
via
gCaptain
China Wants Strait of Hormuz Open Free of Curbs, USTR Greer Tells Bloomberg News
China wants to see the Strait of Hormuz reopen without curbs or tolls, U.S. Trade Representative Jamieson Greer told Bloomberg News in a live interview on Friday, adding that the U.S. was confident Beijing would act to limit material support for Iran.

From
Bloomberg
via
gCaptain
Trump Says China Offered to Help on Iran
US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and reopen the Strait of Hormuz, after a commercial vessel was apparently seized near the United Arab Emirates.

From
Bloomberg
via
gCaptain
Hormuz Oil Flows Creep Higher as More Supertankers Exit
The number of supertankers hauling unsanctioned oil through the Strait of Hormuz has shown signs of rising in recent days, offering limited relief to an oil market that’s suffered the largest supply disruption in history.

From
Reuters
via
gCaptain
New Attacks Hit Ships Near Hormuz as Trump Discusses Iran With Xi
U.S. President Donald Trump discussed the Iran war with China's President Xi Jinping in Beijing on Thursday, while new attacks on vessels near the Strait of Hormuz brought a reminder of the costs of a prolonged stalemate, with peace talks stalled.

From
Mike Schuler
via
gCaptain
Shipping’s $180 Billion Push Into Dual-Fuel Ships Shows No Signs of Slowing
The global liner shipping industry’s investment in alternative-fueled vessels continues to accelerate, with the combined fleet of dual-fuel containerships and vehicle carriers surpassing 1,200 vessels delivered or on order, according...