The Port of Long Beach posted another year-over-year decline in cargo volumes in April as global market volatility, rising fuel costs and supply chain uncertainty… Weiterlesen »Long Beach Cargo Drops as Hormuz Crisis Keeps Pressure on Supply Chains
General Dynamics NASSCO has received $856 million in funding to build T-AO 217, the latest ship in the U.S. Navy’s John Lewis-class fleet replenishment oiler… Weiterlesen »NASSCO Secures $856 Million for Another Navy Fleet Oiler
Caturus announced Friday it has reached final investment decision (FID) on the long-delayed 9.5 million tonnes per annum (mtpa) Commonwealth LNG export terminal in Cameron Parish, Louisiana, backed… Weiterlesen »$13 Billion Commonwealth LNG Project Gets Green Light in Louisiana
Iran seized a Chinese-owned ship that’s one of a handful of so-called floating armories that operate in the region, according to two maritime security consultants… Weiterlesen »Iran Seizes Chinese-Owned ‘Floating Armory’ Ship Near Hormuz
A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through… Weiterlesen »Greek-Operated Tanker Breaks Through Hormuz Gridlock
U.S. President Donald Trump said his patience with Iran was running out and that Chinese President Xi Jinping had agreed that Tehran must reopen the Strait of… Weiterlesen »Trump Says Patience With Iran ‘Running Out’ After Xi Talks on Hormuz
The Panama Canal is not planning vessel passage restrictions for the remainder of 2026 even if an El Niño weather pattern begins in the second half of the… Weiterlesen »Panama Canal Aims to Avoid Repeat of 2023 Drought Crisis as El Niño Looms
The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by next year, as it seeks to reduce… Weiterlesen »UAE Will Double Oil Export Capacity Bypassing Hormuz by 2027
China wants to see the Strait of Hormuz reopen without curbs or tolls, U.S. Trade Representative Jamieson Greer told Bloomberg News in a live interview… Weiterlesen »China Wants Strait of Hormuz Open Free of Curbs, USTR Greer Tells Bloomberg News
US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and… Weiterlesen »Trump Says China Offered to Help on Iran