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From
Mike Schuler
via
gCaptain
Chubb Says U.S. Hormuz Insurance Backstop Stalled as Military Convoys Fail to Materialize
Washington’s headline-grabbing maritime insurance backstop for the Strait of Hormuz appears stuck on the launchpad. Comments this week from Chubb Chairman and CEO Evan Greenberg suggest the Trump administration’s much-publicized $40 billion...

From
Reuters
via
gCaptain
EU Revives Fight for Global Shipping Carbon Price, Setting Up IMO Clash With U.S.
European Union countries agreed on Friday to keep pushing for a global price on shipping's CO2 emissions in U.N. talks next week, setting up another potential clash with the United States over the proposal.

From
Mike Schuler
via
gCaptain
Panama Canal Traffic Climbs as Officials Downplay Congestion Fears
The Panama Canal is pushing back against renewed concerns over congestion, telling the maritime industry it is handling rising traffic volumes efficiently even as geopolitical disruption and stronger demand drive...

From
Reuters
via
gCaptain
Iran’s Swarm Tactics Show Why Hormuz Is Far From Safe
Iran's use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its naval threat and reveals the challenges facing reopening one of the world's most important oil export routes.

From
Mike Schuler
via
gCaptain
Trump Moves to Extend Jones Act Waiver 90 Days as Maritime Industry Says Fuel Relief Never Came
The Trump administration is preparing to extend its controversial Jones Act waiver for up to 90 days, a move that would deepen an already contentious policy experiment launched during the...

From
Bloomberg
via
gCaptain
US-Iran Tensions Build Over Hormuz in Absence of Peace Talks
US and Iran tensions grew over the Strait of Hormuz with both sides maintaining their blockades of the critical waterway, creating an uneasy standoff with no sign of peace talks on the horizon.

From
Mike Schuler
via
gCaptain
BIMCO Warns Hormuz Reopening Hinges on Mine Clearance as Trump Orders Sweep Surge
Fresh warnings from the world’s largest shipping association are underscoring how far the Strait of Hormuz remains from normal, even as new comments from President Donald Trump pointed to a...

From
Mike Schuler
via
gCaptain
‘We Need to Get This Done’: Lawmakers, Labor and Industry Renew Push for SHIPS for America Act
Backers of the SHIPS for America Act mounted a renewed push Wednesday to move sweeping maritime legislation through Congress, with lawmakers, labor leaders and shipbuilding executives portraying the bill as...

From
Mike Schuler
via
gCaptain
Golden Pass Ships First LNG Cargo, Launching Major New U.S. Export Supply
The departure of the first export cargo from the Golden Pass LNG terminal marks the formal entry of one of America’s largest new liquefied natural gas projects into global trade,...

From
Reuters
via
gCaptain
Iran Seizes Two Ships in Hormuz After Trump Halts Attacks Indefinitely
Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway after U.S. President Donald Trump called off attacks indefinitely with no sign of peace talks restarting.

From
Mike Schuler
via
gCaptain
Iran Ship Seizures Show ‘Weaponization of Trade’ in Hormuz, Xeneta Warns
Iran’s reported seizure of two MSC containerships in the Strait of Hormuz is the latest sign the crisis in the strategic waterway has evolved beyond a shipping disruption into what...

From
Lori Ann LaRocco
via
gCaptain
Interview: America’s Oil Surge Is Pulling Tankers West — and Reshaping Global Trade
The United States continues to export record amounts of oil. Demand for U.S. black gold shows no signs of lessening. The long line of tankers dotting the ocean shows the...