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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...

From
Mike Schuler
via
gCaptain
Container Spot Rates Surge as Carriers Layer Surcharges Ahead of Early Peak Season
Global container spot rates posted their sharpest weekly gain in months as carriers pushed through emergency surcharges and capacity cuts amid rising geopolitical disruption and signs of an early start...

From
Mike Schuler
via
gCaptain
UKMTO Warns Ship Seized Near Hormuz Is Being Taken Toward Iran
The UK Maritime Trade Operations (UKMTO) organization has issued a warning after receiving reports that a vessel was boarded by unauthorized personnel northeast of Fujairah, United Arab Emirates, amid continuing...

From
Reuters
via
gCaptain
Second Japan-linked Oil Tanker Sails Via Strait of Hormuz as PM Asks Iran to Help Out
A Panama-flagged crude oil tanker managed by Japanese refining group Eneos 5020.T has passed through the Strait of Hormuz, ship-tracking data from LSEG showed on Thursday, the second instance of such a Japan-linked oil ship making it through.

From
Reuters
via
gCaptain
China-Linked Supertanker Makes Rare Strait of Hormuz Transit Ahead of Trump-Xi Summit
A Chinese supertanker carrying two million barrels of Iraqi crude was attempting to sail through the Strait of Hormuz on Wednesday, according to LSEG and Kpler ship-tracking data.

From
Mike Schuler
via
gCaptain
IEA Warns Hormuz Crisis Could Trigger First Global Oil Demand Contraction Since Pandemic
The International Energy Agency is warning that the ongoing disruption in the Strait of Hormuz is triggering one of the largest oil market shocks in modern history, with global oil demand now...

From
Reuters
via
gCaptain
Trump Heads to Beijing as Iran Expands Control Over Strait of Hormuz
U.S. President Donald Trump has said he does not expect to need China's help to end the war in Iran and ease Tehran's grip on the Strait of Hormuz, in remarks made before he arrived in Beijing on Wednesday for a summit with President Xi Jinping.