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From
Mike Schuler
via
gCaptain
Port of Long Beach Posts Third-Busiest May on Record as Imports Surge 40%
The Port of Long Beach handled 842,030 twenty-foot equivalent units (TEUs) in May, marking its third-busiest May on record and a sharp rebound from the tariff-driven slowdown that weighed on...

From
Mike Schuler
via
gCaptain
U.S., Iran Near Deal to Reopen Strait of Hormuz After Months of War
The United States and Iran signaled on Friday that an agreement to end their war was close, with a senior U.S. administration official saying both sides had agreed on a text and that Washington expects to sign an initial deal in the coming days.

From
Bloomberg
via
gCaptain
Shipowners Owners Brace for Hormuz Reopening as Peace Deal Nears
Shipowners are watching warily for a peace deal between the US and Iran and what it would mean for the Strait of Hormuz, with some tanker owners expressing caution, while others were already predicting a frantic free-for-all if the waterway opens in earnest.

From
Reuters
via
gCaptain
Lost Gulf Oil Exports Far Smaller Than Thought, Traders and Shippers Say
Since the start of the Iran war and Tehran's announcement that the Strait of Hormuz was "closed," the market has grappled to put a figure on lost crude supply and to predict the price of oil.

From
Reuters
via
gCaptain
Indians Grieve and Call for Action After US Strike Kills Seafarers
DEORIA, India, June 12 (Reuters) – Sushila Devi sat sobbing on the floor of her house in Deoria, northern India after authorities told her that her husband was one of three sailors...

From
Mike Schuler
via
gCaptain
Shipping Industry Condemns Attacks on Seafarers as Hormuz Death Toll Reaches 14
The world’s largest shipping industry organizations have issued a joint condemnation of attacks on commercial shipping in and around the Strait of Hormuz, warning that seafarers are increasingly paying the...

From
Bloomberg
via
gCaptain
US, Iran Edge Toward Interim Deal Signing Close to G7 Next Week
The US and Iran may sign an agreement to reopen the Strait of Hormuz on the sidelines of the Group of Seven world leaders summit next week, according to senior officials.

From
Mike Schuler
via
gCaptain
Tanker Industry Advisory Sheds New Light on Trump’s Secret Hormuz Transit Operation
President Donald Trump’s claim that a covert U.S. military operation has helped hundreds of commercial ships transit the Strait of Hormuz appears to be corroborated by an advisory earlier this...

From
Mike Schuler
via
gCaptain
Trump Administration Vows to Offset Hormuz Tolls With Seized Iranian Funds
The Trump administration is signaling that any payments made by commercial vessels to Iran’s self-declared Strait of Hormuz transit authority could ultimately be recovered from Iranian assets, adding a new...

From
Reuters
via
gCaptain
Hundreds of BHP Workers Back Strike at Key Australian Iron Ore Export Hub
Hundreds of BHP workers BHP.AX at Port Hedland in Western Australia voted in favor of taking strike action, two unions said on Thursday, raising the ?risk of disruptions to iron ore shipments from one of the world's biggest export hubs.

From
Mike Schuler
via
gCaptain
U.S. Military Says Hormuz Open After Iran Declares Strait Closed
U.S. Central Command (CENTCOM) on Thursday publicly reaffirmed that the Strait of Hormuz remains open to commercial shipping after an Iran-linked organization claiming authority over the strategic waterway declared it...

From
Mike Schuler
via
gCaptain
El Niño Has Arrived: NOAA Warns It Could Become One of the Strongest on Record
NOAA has officially declared the arrival of El Niño conditions, confirming the climate pattern that prompted the Panama Canal Authority to announce its first vessel draft restriction of 2026 earlier...