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From
Reuters
via
gCaptain
Trump Discusses Sustaining Iran Blockade for Months as Oil Prices Surge
Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with oil companies, a White House official said on Wednesday, as the U.S. president urged Tehran to "get smart soon" and sign a deal.

From
Paul Morgan
via
gCaptain
The Forgotten Fuel That Could Power Shipping’s Future
Thorium, an abundant and largely overlooked radioactive metal, is emerging as the fuel of a new generation of compact molten salt reactors that could transform how ports produce marine fuels and support the energy transition. With China achieving the world’s first experimental proof of the thorium breeding cycle, and Danish engineers designing factory-built reactors that fit inside a shipping container, the timeline may be shorter than most in shipping expect.

From
Mike Schuler
via
gCaptain
Appeals Court Backs FMC in Landmark Detention Charges Ruling Against Evergreen
A federal appeals court has upheld a closely watched Federal Maritime Commission ruling against Evergreen Marine over container detention charges, in a decision that could reinforce regulatory scrutiny of carrier fee practices and strengthen...

From
Mike Schuler
via
gCaptain
U.S. Treasury Warns Hormuz ‘Toll’ Payments to Iran Could Trigger Sanctions
The U.S. Treasury Department has issued new sanctions guidance warning that payments to Iran or the Islamic Revolutionary Guard Corps for so-called “safe passage” through the Strait of Hormuz are prohibited, adding...

From
Mike Schuler
via
gCaptain
US-Led Bloc Condemns China Pressure on Panama-Flagged Ships
Secretary of State Marco Rubio on Monday released a joint statement with five Latin American and Caribbean governments backing Panama’s sovereignty and condemning pressure tied to recent actions against Panama-flagged vessels, escalating...

From
Mike Schuler
via
gCaptain
Security Council Demands Freedom of Navigation in Hormuz as Shipping Risks Mount
The United Nations Security Council heard urgent calls Monday to restore freedom of navigation through the Strait of Hormuz, as world leaders warned disruptions in one of the world’s most critical maritime chokepoints...

From
Mike Schuler
via
gCaptain
Opposition to Jones Act Waiver Extension Widens as Maritime Industry Pushes Back
The Trump administration’s decision to extend its broad Jones Act waiver another 90 days is drawing mounting opposition across the U.S. maritime sector, with labor unions, domestic operators, trade groups...

From
Reuters
via
gCaptain
UAE Quits OPEC in Major Blow to Global Oil Producers’ Group
The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers' group as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations.

From
Reuters
via
gCaptain
Iran’s Guards Seize Wartime Power, Blunting Supreme Leader’s Role
Two months into a war with the U.S. and Israel, Iran no longer has a single, undisputed clerical arbiter at the pinnacle of power — an abrupt break with the past that may be hardening Tehran’s stance as it weighs renewed talks with Washington.

From
Bloomberg
via
gCaptain
Trump Says Iran Wants Hormuz Open in Tussle Over War’s End
President Donald Trump said Iran has asked the US to lift a naval blockade of the Strait of Hormuz while the two sides negotiate an end to the two-month war, which has upended global energy supplies.

From
Reuters
via
gCaptain
Idemitsu Maru Tanker Carrying Saudi Oil Seeks to Cross Strait of Hormuz
Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, is attempting to cross the Strait of Hormuz, LSEG shipping data showed on Tuesday, and is poised to be the first Japan-linked crude tanker to do so since the Iran war began.

From
Bloomberg
via
gCaptain
Trump to Address Iran Proposal ‘Soon’ as Oil Rises Further
US President Donald Trump convened his national security team to discuss Iran’s proposal to end a war now in its third month and which has left thousands dead across the Middle East, as well as disrupted energy supplies.