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From
Mike Schuler
via
gCaptain
Australia Names First Ship in Strategic Fleet
Australia has selected the ANL Kokoda as the first vessel in its Strategic Fleet Pilot Program, launching a key element of the Albanese government’s plan to rebuild the nation’s sovereign...

From
Bloomberg
via
gCaptain
‘Very Real Risks’: Chevron CEO Says Vessels Attacked This Week in Hormuz
By Kevin Crowley, Annmarie Hordern and Jonathan Ferro (Bloomberg) — Several vessels transiting through the Strait of Hormuz have been attacked in recent days, underscoring the “very real” risks that remain...

From
Bloomberg
via
gCaptain
US, Iran Reach Deal on Extended Ceasefire Pending Trump Approval
The US and Iran have reached a preliminary deal to extend a ceasefire by 60 days and discuss the future of Tehran’s nuclear program, a person with knowledge of the matter said, buoying hopes for a resolution to a three-month conflict that has killed thousands and roiled the global economy.

From
Mike Schuler
via
gCaptain
U.S. Targets Iran Shipping Network With New Sanctions
The U.S. Treasury Department on Thursday unveiled a fresh round of sanctions targeting a network of shipping companies, tanker operators, and commercial facilitators allegedly involved in Iranian petroleum and petrochemical...

From
Mike Schuler
via
gCaptain
Cheniere Moves Ahead With Sabine Pass LNG Expansion
Cheniere Energy Partners has taken a key step toward expanding its flagship Sabine Pass LNG export terminal in Louisiana, signing an engineering, procurement and construction contract with Bechtel for the...

From
Mike Schuler
via
gCaptain
Diana Shipping Sweetens Bid for Genco as Takeover Battle Escalates
Dry bulk shipping takeover drama intensified Thursday as Diana Shipping Inc. raised its all-cash offer for Genco Shipping & Trading Limited to $24.80 per share, increasing pressure on Genco’s board...

From
Reuters
via
gCaptain
Report Says Iran and U.S. Reach Outline Ceasefire Deal After Latest Attacks
By Jana Choukeir, Enas Alashray and Phil Stewart WASHINGTON/DUBAI, May 28 (Reuters) – The United States and Iran have reached an outline agreement to extend their ceasefire pending the approval of President...

From
Reuters
via
gCaptain
TotalEnergies Made Middle East Oil Mega-Trades After Noticing US Navy Buildup in Gulf in February, CEO Says
French oil major TotalEnergies TTEF.PA made the decision to buy large amounts of Middle East crude in March after its traders noticed the U.S. Navy amassing ships near the Gulf in February, its CEO told French newspaper Le Figaro in an interview published on Thursday.

From
Bloomberg
via
gCaptain
Merchant Ships Desert Strait of Hormuz Amid Renewed US Strikes
Traffic through the Strait of Hormuz appeared all but deserted on Thursday as commercial operators remain wary of renewed military escalation.

From
Mike Schuler
via
gCaptain
U.S. Sanctions Iran’s ‘Persian Gulf Strait Authority’ as Hormuz Transit Fight Escalates
The U.S. Treasury Department on Wednesday formally sanctioned Iran’s so-called Persian Gulf Strait Authority (PGSA), accusing the organization of working with the Islamic Revolutionary Guard Corps (IRGC) to extort commercial...

From
Reuters
via
gCaptain
Trump Threatens Oman as Hormuz Deal Remains Elusive
President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a deal to end the war, in a sign that any potential agreement remained elusive.

From
Mike Schuler
via
gCaptain
Jones Act Waiver Reshapes U.S. Oil Trade as Foreign Tankers Flood Domestic Routes
The Trump administration’s emergency Jones Act waiver is rapidly reshaping U.S. oil flows, opening domestic shipping routes to foreign-flagged tankers and triggering trade patterns rarely seen in modern American energy...