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Port of Long Beach Posts Third-Busiest May on Record as Imports Surge 40%
News
June 12, 2026
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...
U.S., Iran Near Deal to Reopen Strait of Hormuz After Months of War
News
June 12, 2026
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.
Shipowners Owners Brace for Hormuz Reopening as Peace Deal Nears
News
June 12, 2026
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.
Lost Gulf Oil Exports Far Smaller Than Thought, Traders and Shippers Say
News
June 12, 2026
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.
Indians Grieve and Call for Action After US Strike Kills Seafarers
News
June 12, 2026
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...
Shipping Industry Condemns Attacks on Seafarers as Hormuz Death Toll Reaches 14
News
June 12, 2026
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...
US, Iran Edge Toward Interim Deal Signing Close to G7 Next Week
News
June 12, 2026
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.
Tanker Industry Advisory Sheds New Light on Trump’s Secret Hormuz Transit Operation
News
June 11, 2026
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...
Trump Administration Vows to Offset Hormuz Tolls With Seized Iranian Funds
News
June 11, 2026
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...
Hundreds of BHP Workers Back Strike at Key Australian Iron Ore Export Hub
News
June 11, 2026
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.
U.S. Military Says Hormuz Open After Iran Declares Strait Closed
News
June 11, 2026
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...
El Niño Has Arrived: NOAA Warns It Could Become One of the Strongest on Record
News
June 11, 2026
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...