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From
Bloomberg
via
gCaptain
Japan Energy Plan Seeks to Back Pipelines Bypassing Hormuz
Japan plans to support the construction of pipelines that bypass the Strait of Hormuz after the US-Iran war laid bare the country’s vulnerability to disruptions in Middle Eastern oil supplies.

From
Reuters
via
gCaptain
Iran and Oman Plan for Temporary Hormuz Corridor as Impasse With US Persists
Iran has held new talks with neighboring Oman on management of the Strait of Hormuz, blockaded over nearly six months of conflict, with Oman's foreign minister saying he was hopeful a temporary corridor through the waterway could be announced soon.

From
Mike Schuler
via
gCaptain
Panama Canal Auction Hits New Record at $5.3 Million
By Ruth Liao, Lucia Kassai and Nicholas Lua (Bloomberg) — A shipper needing to transit the Panama Canal bid a record $5.3 million to secure its spot, according to people familiar...

From
Mike Schuler
via
gCaptain
SpaceX to Build $100 Billion Spaceport on Louisiana Gulf Coast
SpaceX plans to invest $100 billion in a massive new launch facility on Louisiana’s Gulf Coast, a project the company says could eventually support thousands of launches a year. The...

From
Mike Schuler
via
gCaptain
Iran and Oman Unveil Framework for Future Management of Strait of Hormuz
Iran and Oman have unveiled a framework for restoring safe navigation through the Strait of Hormuz, including a temporary shipping corridor, joint mine-clearing operations and further talks over the future...

From
Mike Schuler
via
gCaptain
IMO Sounds Alarm as Somali Pirates Hold More Than 90 Seafarers
The International Maritime Organization is calling for urgent action against a resurgence of piracy in the Gulf of Aden, where six merchant ships and more than 90 seafarers are now...

From
Bloomberg
via
gCaptain
Malacca Strait States Will Keep Waters ‘Free, Open and Safe’
Indonesia, Malaysia and Singapore — countries that share the primary stewardship of the Strait of Malacca — said on Tuesday they were committed to keeping the narrow corridor and the waters around it “free, open and safe for international shipping.”

From
Mike Schuler
via
gCaptain
Iran Blacklists 46 Ships On Hormuz ‘Non-Compliant’ List
Iran has published a list of 46 vessels it says violated its arrangements for transiting the Strait of Hormuz, warning that the ships could face fines, detention, seizure or confiscation...

From
Mike Schuler
via
gCaptain
U.S. Threatens Iran’s Trading Partners in New Economic Pressure Campaign
Treasury Secretary Scott Bessent threatened economic punishment against any country doing business with Iran as part of what he called an “economic D-Day” campaign to isolate the country and end nearly six months of war.

From
Mike Schuler
via
gCaptain
U.S. Takes Next Step Toward Nuclear-Powered Commercial Ships
The U.S. Maritime Administration has signed an agreement with nuclear technology developer CORE POWER to explore a pathway toward U.S.-flagged nuclear-powered commercial ships, expanding the Trump administration’s push to bring...

From
Mike Schuler
via
gCaptain
Trump Administration Launches Sweeping New Iran Sanctions Campaign Targeting Shipping and Oil Trade
The Trump administration on Monday launched a sweeping new economic campaign against Iran, expanding the threat of secondary sanctions to the shipping sector while targeting dozens of companies, individuals and...

From
Mike Schuler
via
gCaptain
Cost to Ship a VLCC Through Hormuz Hits $20 Million, TotalEnergies CEO Says
By Mitchell Ferman and Alex Longley (Bloomberg) — The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about $20 million, the boss of TotalEnergies SE...