First Seafarer Casualties Reported Since US Iran Blockade
At least two crew members were reported missing and one injured after U.S. forces disabled the tanker M/T Settebello in the Gulf of Oman, marking what appears to be the first reported seafarer casualties since Washington launched its maritime blockade of Iran in April. https://t.co/F4JKfAeyXf
98 Foreign-Flag Coastwise Voyages Completed Under Waiver
@DOTMARAD records show 98 completed foreign-flag coastwise voyages conducted under the current Jones Act waiver as of June 8.
Shipping Doubts Iran’s 39‑day Mine‑removal Promise and “Unrestricted” Access.
Is shipping supposed to trust that Iran will remove mines from the SoH within 39 days? Does “unrestricted” access to SoH imply continued coordination with IRGC for transits via Iranian route?
Chinese Container Makers Colluded to Cut Output During COVID
Federal prosecutors say Chinese container manufacturing giants secretly coordinated production cuts just before and during the early stages of the COVID pandemic, helping fuel one of the worst supply chain crises in modern history. The DOJ indictment alleges executives used quotas,...
Funding Gap Cripples Mariner Credentialing, Delays Threaten Dominance
You want to hear how messed up the mariner credentialing pipeline is from this funding gap? The National Maritime Center just warned mariners not to send USPS shipping labels with applications because processing delays are now so long the labels...
Shipping Demands Mutual Security Guarantees Before Hormuz Return
Shipping needs security guarantees from both sides and clarity on mines before returning to Hormuz. Just saying
Deadlock Persists as Mines Block Shipping and Navigation
Bessent says U.S. blockade will continue until "pre-February 27 Freedom of Navigation" is restored. Hegseth says mines are the biggest issue. Iran says it doesn't know where it's mines are. Shipping says it won't return until it's confirmed free of...
S&P 500 Surges Past All-Time High Despite Energy Crisis
The S&P 500 shrugs off global energy crisis and hits a new all-time high https://t.co/VUKIJmA8mW
U.S. Can Blockade, Yet Fails to Restore Trade Confidence
I have no doubt the U.S. military can execute an effective blockade. What it has not shown is an ability to restore commercial confidence once a major waterway is disrupted, which we have seen in the Red Sea and is...
AI Model Shows Iran War Yields $90B Net Loss
I used AI to run a rough ROI model on the Iran war: $25B in military costs vs. higher U.S. oil/LNG exports, refining gains, gas prices, shipping costs and inflation drag. Base case: exporters gain, but the national ROI is...
OFAC Confirms Hormuz Toll Payments May Trigger Sanctions
OFAC confirms what I’ve been been saying for weeks U.S. Treasury Warns Hormuz ‘Toll’ Payments to Iran Could Trigger Sanctions https://t.co/trxwCyJZO3
Shipping Won’t Resume in Hormuz Until Mines Cleared
Commercial shipping won’t return to the Strait of Hormuz until it's cleared of mines and there are security guarantees from all sides. https://t.co/WkuHknkDJQ
Iran's New Maritime Regime Undermines “Open Hormuz” Claim
Hormuz is anything but “open”, like I said yesterday during market hours. Fresh Attacks Shatter ‘Open Hormuz’ Narrative as Iran Pushes New Maritime Regime https://t.co/7PMz5tYFgd
IRGC Says only Khamenei Can Order Hormuz Reopening
IRGC: Only Iran's leader Khamenei can order a Hormuz reopening, "not some idiot" on Twitter
False Optimism on Hormuz Threatens Seafarer Safety
The rhetoric around the Strait of Hormuz being open is going to get seafarers killed https://t.co/UF8FsbKqsy