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From
Mike Schuler
via
gCaptain
Iran Launches Official ‘Persian Gulf Strait Authority’ Account, Declares Unauthorized Hormuz Transit ‘Illegal’
The Iranian-backed Persian Gulf Strait Authority (PGSA) has officially launched a public presence on X, marking the clearest effort yet by Tehran to formalize and publicize its emerging control regime...

From
Mike Schuler
via
gCaptain
Boskalis Orders Massive New Cable Layer for Offshore Energy Projects
Dutch offshore contractor Royal Boskalis Westminster N.V. is betting big on the future of subsea power infrastructure, announcing plans to build a massive new 24,000-ton Cable Lay Vessel (CLV) designed to support...

From
Mike Schuler
via
gCaptain
Global Oil Inventories Are Collapsing at Record Pace, IEA Warns
The International Energy Agency says the ongoing Strait of Hormuz crisis is triggering one of the most severe oil market disruptions in modern history, with global oil demand now expected...

From
Reuters
via
gCaptain
Military Jets’ Crew Members Safely Ejected after Idaho Air Show Collision, Navy Says
Four crew members involved in a mid-air collision of military jets at an air show ejected safely on Sunday outside Mountain Home Air Force Base in Idaho, the U.S. Navy said.

From
Bloomberg
via
gCaptain
Russia Expands LNG Dark Fleet With Four Tankers to Boost Exports
Four liquefied natural gas tankers that until recently serviced Oman’s export plant are beginning to load fuel from a US-sanctioned Russian project, the latest sign of Moscow’s efforts to boost shipments and skirt Western restrictions.

From
Reuters
via
gCaptain
Greece Asks EU To Step In Over ‘Unlawful Fishing’ By Turkey
ATHENS, May 15 (Reuters) – Greece on Friday asked the European Union to step in and stop what it said was unlawful fishing and violation of maritime law by Turkish fishermen in the...

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.