News
Articles

From
Reuters
via
gCaptain
TotalEnergies Made Middle East Oil Mega-Trades After Noticing US Navy Buildup in Gulf in February, CEO Says
French oil major TotalEnergies TTEF.PA made the decision to buy large amounts of Middle East crude in March after its traders noticed the U.S. Navy amassing ships near the Gulf in February, its CEO told French newspaper Le Figaro in an interview published on Thursday.

From
Bloomberg
via
gCaptain
Merchant Ships Desert Strait of Hormuz Amid Renewed US Strikes
Traffic through the Strait of Hormuz appeared all but deserted on Thursday as commercial operators remain wary of renewed military escalation.

From
Mike Schuler
via
gCaptain
U.S. Sanctions Iran’s ‘Persian Gulf Strait Authority’ as Hormuz Transit Fight Escalates
The U.S. Treasury Department on Wednesday formally sanctioned Iran’s so-called Persian Gulf Strait Authority (PGSA), accusing the organization of working with the Islamic Revolutionary Guard Corps (IRGC) to extort commercial...

From
Reuters
via
gCaptain
Trump Threatens Oman as Hormuz Deal Remains Elusive
President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a deal to end the war, in a sign that any potential agreement remained elusive.

From
Mike Schuler
via
gCaptain
Jones Act Waiver Reshapes U.S. Oil Trade as Foreign Tankers Flood Domestic Routes
The Trump administration’s emergency Jones Act waiver is rapidly reshaping U.S. oil flows, opening domestic shipping routes to foreign-flagged tankers and triggering trade patterns rarely seen in modern American energy...

From
Reuters
via
gCaptain
SPR Oil Heads to California for First Time Amid Iran War Disruptions
A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first time ever, ship tracking service Kpler said.

From
Mike Schuler
via
gCaptain
Scorpio Tankers Dumps Older LR2 Tankers in $286 Million Fleet Shakeup
Scorpio Tankers is moving to reshape its product tanker fleet, announcing agreements to sell four LR2 tankers while lining up two new MR newbuildings and preparing to repay all secured...

From
Reuters
via
gCaptain
Fed Official Says Global Energy Demand May Need to Fall if Hormuz Stays Shut
The world may need to find a way to get by on less oil and gas if the Strait of Hormuz remains closed much longer dueto the U.S.-Israeli war on Iran, Dallas Federal Reserve President Lorie Logan said on Wednesday.

From
Editorial
via
gCaptain
Opinion: The Three Maritime Action Plan Provisions That Could Matter Most
Sean Pribyl and Rear Admiral James Watson, USCG (ret.) As Maritime Week put the spotlight squarely on Washington, D.C.’s maritime sector, the Maritime Action Plan (MAP) continued to attract attention...

From
Bloomberg
via
gCaptain
Adnoc Exports Another LNG Shipment Through Hormuz to India
Another tanker carrying liquefied natural gas from Abu Dhabi National Oil Co. has exited the Strait of Hormuz, adding to a recent uptick in energy flows through the vital waterway.

From
Reuters
via
gCaptain
South Korea Says Attack on Ship in Strait of Hormuz Likely Involved an Iranian Missile
South Korea's Foreign Ministry said on Wednesday that an attack on a cargo ship operated by local shipper HMM 011200.KS in the Strait of Hormuz earlier this month likely involved an Iranian anti-ship missile.

From
Mike Schuler
via
gCaptain
Stena Immaculate Crew Honored with Gallant Ship Award Following Deadly Tanker Collision
Crowley mariners aboard the U.S.-flagged tanker Stena Immaculate have received one of the U.S. maritime industry’s highest honors after their dramatic response to a deadly collision in the North Sea last year. ...