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OPEC+ Set For Fourth Oil Quota Hike Since Hormuz Closure
News
June 7, 2026
From 
Reuters
 via 
gCaptain

OPEC+ Set For Fourth Oil Quota Hike Since Hormuz Closure

By Ahmad Ghaddar and Olesya Astakhova LONDON, June 7 (Reuters) – OPEC+ is set to agree on Sunday a fourth increase in oil output targets in as many months, three OPEC+ sources said, even...
Russian Forces Attack Rescue Vessels In Ukrainian Waters, Causing Injuries
News
June 7, 2026
From 
Reuters
 via 
gCaptain

Russian Forces Attack Rescue Vessels In Ukrainian Waters, Causing Injuries

June 6 (Reuters) – Russian forces have attacked two civilian search and rescue vessels in Ukrainian waters, causing injuries, Ukrainian Deputy Prime Minister Oleksiy Kuleba said on Saturday.  “The enemy launched strikes on two boats of the...
U.S. Counts Far More Hormuz Ship Transits Than Commercial Tracking Data Shows
News
June 5, 2026
From 
Bloomberg
 via 
gCaptain

U.S. Counts Far More Hormuz Ship Transits Than Commercial Tracking Data Shows

American forces have counted nearly 1,000 commercial vessel transits in and out of the Strait of Hormuz in the last two months, according to an official familiar with US Central Command operations, a figure that’s higher than private sector estimates that rely mostly on ship transponders.
Treasury Targets Iranian LPG Smuggling Network as U.S. Pressure Campaign Intensifies
News
June 5, 2026
From 
Mike Schuler
 via 
gCaptain

Treasury Targets Iranian LPG Smuggling Network as U.S. Pressure Campaign Intensifies

The Trump administration on Friday imposed a new round of sanctions targeting an international network accused of smuggling Iranian liquefied petroleum gas (LPG) and laundering revenue through shadow banking channels,...
Why Lars Jensen Is Driving 40,000 Miles Across Africa to Study the Future of Trade
News
June 5, 2026
From 
Bloomberg
 via 
gCaptain

Why Lars Jensen Is Driving 40,000 Miles Across Africa to Study the Future of Trade

At nearly 40 years old, Lars Jensen’s Volkswagen camper van appeals to him mostly for its lack of modern features. The vehicle he calls “Sally” is just the right rig to drive around Africa over the next 18 months to explore the world’s most promising supply chain frontier.
Peak Season and Hormuz Crisis Fuel New Surge in Container Shipping Rates
News
June 5, 2026
From 
Mike Schuler
 via 
gCaptain

Peak Season and Hormuz Crisis Fuel New Surge in Container Shipping Rates

Container freight rates are rising sharply across major east-west trades as the conflict in the Middle East, disruption at key Asian transshipment hubs, and growing fears of an energy crisis...
U.S. Boards Sanctioned Tanker as Iran Maritime Blockade Expands Into Indian Ocean
News
June 5, 2026
From 
Mike Schuler
 via 
gCaptain

U.S. Boards Sanctioned Tanker as Iran Maritime Blockade Expands Into Indian Ocean

U.S. forces boarded a sanctioned tanker in the Indian Ocean overnight as Washington continued expanding a maritime enforcement campaign targeting vessels accused of supporting Iran’s oil trade. In a statement...
Mercuria Lawyers Say Government Deals Got Oil Through Hormuz
News
June 5, 2026
From 
Bloomberg
 via 
gCaptain

Mercuria Lawyers Say Government Deals Got Oil Through Hormuz

Mercuria Energy Group Ltd. has moved oil through the Strait of Hormuz through government-brokered deals, according to legal filings that shine a rare light on how commodity traders are navigating the closely watched waterway during the Iran war.
Maritime Labor Coalition Renews Call to End Jones Act Waiver on Law’s 106th Anniversary
News
June 5, 2026
From 
Mike Schuler
 via 
gCaptain

Maritime Labor Coalition Renews Call to End Jones Act Waiver on Law’s 106th Anniversary

U.S. maritime labor leaders used the 106th anniversary of the Jones Act on Friday to renew calls for the Trump administration to end its emergency waiver program, arguing the policy...
Panama Canal to Reduce Neopanamax Draft Limit as El Niño Concerns Mount
News
June 5, 2026
From 
Mike Schuler
 via 
gCaptain

Panama Canal to Reduce Neopanamax Draft Limit as El Niño Concerns Mount

The Panama Canal Authority (ACP) will reduce the maximum authorized draft for vessels transiting its Neopanamax locks beginning July 3, citing concerns over the potential development of El Niño conditions...
US Forces Board Sanctioned Tanker in Indian Ocean, Pentagon Says
News
June 5, 2026
From 
Reuters
 via 
gCaptain

US Forces Board Sanctioned Tanker in Indian Ocean, Pentagon Says

U.S. forces conducted an interdiction of the sanctioned stateless oil tanker Davina overnight in the Indian Ocean, the U.S. military's Indo-Pacific Command said on Friday.
Jan de Nul Wins Contract to Dig Argentina’s $10 Billion Waterway
News
June 5, 2026
From 
Bloomberg
 via 
gCaptain

Jan de Nul Wins Contract to Dig Argentina’s $10 Billion Waterway

Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief trade route in a concession overshadowed by accusations of Chinese influence.