News
Articles

From
Lori Ann LaRocco
via
gCaptain
Hold the Champagne: Oil Recovery Faces Weeks of Delay as Supply Chain Shocks Deepen
Don’t be fooled by the latest declaration that the Strait of Hormuz is “open.” Many things still need to be put in place for that to truly happen. There is a lot of bluster right now—don’t get caught up in it.

From
Mike Schuler
via
gCaptain
Shipping Industry Pushes Back on ‘Open’ Hormuz Narrative as Risks Persist
The global shipping industry is urging caution after declarations from both Washington and Tehran that the Strait of Hormuz is “open,” warning that conditions on the water remain far from...

From
Paul Morgan
via
gCaptain
Europe Moves From Rhetoric to Planning as Paris Summit Weighs Hormuz Security Mission
The prospect of a multinational mission to secure commercial shipping through the Strait of Hormuz has moved sharply up the diplomatic agenda after European leaders gathered in Paris today, even as Iran and the United States declare the waterway “open” following a ceasefire tied to Lebanon.

From
Mike Schuler
via
gCaptain
Iran and Trump Declare Hormuz ‘Open,’ But Route, Mines, and U.S. Blockade Cloud Reality
Iran has declared the Strait of Hormuz open to commercial shipping following the ceasefire in Lebanon, but the terms of that reopening—and how it interacts with ongoing U.S. enforcement measures—remain...

From
Reuters
via
gCaptain
European Countries Have Capacity to Clear Mines in Hormuz, French Defence Minister Says
European countries such as Belgium, the Netherlands and France have mine clearance capacity which could help secure passage through the Strait of Hormuz, French Defence Minister Catherine Vautrin told French TV station TF1 on Friday.

From
Editorial
via
gCaptain
Breaking the Bottleneck: Building a Resilient Future for U.S. LNG and Global Maritime Fueling
Amid escalating tensions in the Strait of Hormuz, a critical artery for roughly 20% of global oil and LNG flows, cracks in the world’s maritime energy system are coming into sharp focus. In this editorial, Lou Sola argues that the U.S.—despite being the world’s largest LNG producer—remains constrained by a lack of marine fueling infrastructure, leaving it exposed at a moment of rising geopolitical risk.

From
Mike Schuler
via
gCaptain
Six-Week Container Spot Rate Rally Runs Out of Steam
The six-week rally in global container freight rates has come to an end, with the latest reading from the Drewry World Container Index (WCI) showing a 3% decline to $2,246 per 40-foot container....

From
Bloomberg
via
gCaptain
Half-Full Tanker Heading to Japan Highlights Scramble for Oil
A partially filled supertanker heading to Japan after receiving its Middle Eastern oil cargo via a ship transfer at sea highlights the desperate measures the nation’s refiners are taking to secure supply quickly.

From
Reuters
via
gCaptain
US-Sanctioned Supertankers Enter Gulf Despite Blockade
A second U.S.-sanctioned supertanker has entered the Gulf via the Strait of Hormuz, shipping data showed, despite a U.S. blockade on vessels visiting Iranian ports.

From
Reuters
via
gCaptain
Iran War Pushes U.S. to Brink of Net Oil Exporter Status Not Seen Since WWII
The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyers scrambling to replace Middle East supplies cut by the Iran war.

From
Reuters
via
gCaptain
Europe Eyes Canada LNG as Iran War Rewires Energy Routes
European buyers, including Germany's Uniper, are exploring the possibility of purchasing liquefied natural gas from Canada's Pacific coast and shipping it through the Panama Canal as part of a long-term strategy to diversify supply, an effort made more urgent in the wake of the Iran war, two sources familiar with the matter said.

From
Mike Schuler
via
gCaptain
Maximum Pressure Returns: U.S. Targets Shadow Fleet Tankers as Iran Oil Waiver Expires
The Trump administration has snapped back to full “maximum pressure” on Iran’s oil trade, ending a short-lived sanctions reprieve while unleashing a sweeping crackdown on the shipping networks that keep...