Export Controls Separate H200 From Vera Rubin Supply Chains
Export Controls: National Security Tool or Industrial Policy Lever? H200 exports do not pose a meaningfully trade off against newer Vera Rubin due to distinct supply chains. Yes, have been saying this for some time, fully debunks this TP.... https://t.co/WJlqCYF9zG
Shipowners Eye Gulf Exit, Risk Persists Amid Unclear Protocols
Shipowners and charterers prepare to move after US and Iran agree ceasefire ▶️Several shipowners are planning swift exits from the Middle East Gulf in the wake of a two-week ceasefire ▶️Industry security officials warn that moving before new protocols are clarified could...
Shipowners Consider Exit, Yet Remain Cautiously Patient
World’s Shipowners Are Eyeing the Exit, But They’re Not Rushing For It Just Yet https://t.co/50JyQtqKIq https://t.co/tyv7c76iez
Iran, US Mull Hormuz Toll; Oman Warns Legal Fallout
Iran and the US are considering imposing tolls on ships in the Strait of Hormuz, challenging the UN Law of the Sea's free passage principle. Oman opposes the tolls, raising legal and economic concerns that could impact global maritime norms...
Drone Strikes Saudi East-West Oil Pipeline Pumping Station
“Saudi Arabia’s East-West oil pipeline carrying crude from the Gulf to the Red Sea for export has been attacked, the Financial Times reports, citing two unidentified people familiar with the matter.” - pumping station was hit at 1 p.m. local time -...
Strategic Carrier Networks Transform Logistics Efficiency
The Power of the Network: Enhancing Logistics Through Strategic Carrier Connection - https://t.co/QTyNnNd6Tm @e2open @ShippeoFRA #TMS #transportation #SCON #logistics #supplychain
Hormuz Loses Relevance as Rivals Rush Pipeline Bypasses
COLUMN: No matter what the US and Iran agree over the future of Hormuz, the strait’s status will change. But the waterway will never be as critical as it was six weeks ago: Iran's rivals will rush to build more...
Normal Tanker Flows in 2‑3 Months; Products 6‑12 Months
If the ceasefire holds, expect 2–3 months before tanker flows and refinery feedstock delivery approach anything like normal, and 6–12 months before refined product markets (jet fuel, diesel, chemicals) fully normalize.
Only Two Bulkers Move Out, Rest Remain Stationary
Checking @MarineTraffic this morning and there is no large scale movement of ships. NJ Earth cleared the toll booth outbound. Daytona Beach is out of Bandar Abbas Iolcos Destiny and New Ambition, both bulkers, are heading outbound to the toll booth after offloading...
FedEx Freight Investor Day Live at 8 AM – Register Now
For those interested in listening, FedEx Freight Investor Day starts at 8:00 am this morning. To register - https://t.co/TZsxiHyJ7n
US Blocks Ford's Bid for Aluminum Tariff Relief
"US rejects aluminum tariff relief request from Ford" https://t.co/jFypu1NlqH "While Novelis has been making up for lost production with aluminium from its plants in South Korea and Europe, the imported metal is subject to a 50% duty" https://t.co/KYjObj1b2R
No Navy, No Uniform: UK's Deployable Fleet Fails
New rule: nobody in your nation gets to wear a Navy uniform if you don’t have a single deployable warship. Not in ceremonies. Not in parades. Not at NATO. You don’t have a navy. STOP THE COSPLAY
800+ Vessels Trapped in Gulf as Owners Seek Release
More than 800 are stuck inside the gulf. Although the terms for safe passage are still unclear, owners are moving to free up their ships writes WSJ's @CostasParis https://t.co/BQY0GcPPvk
Delta Faces $2 Billion Fuel Cost Surge From Middle‑East Conflict
Latest: Delta Air Lines expects to incur more than $2 billion in higher fuel costs through June because of the US-Israel war on Iran https://t.co/pfNgi3ALzA
US Navy Appears Unhurried to Reopen Hormuz Strait
As I hypothesized a few weeks ago. What if the US Navy is in no rush to reopen the Strait of Hormuz?
Elon Musk’s $16.5B Deal Rescues Samsung From Chip War
Samsung was getting crushed by TSMC in the chip war. - $3.6B in losses - 7% market share vs TSMC's 67% - About to be overtaken by China's SMIC But Elon Musk just changed everything with one $16.5 BILLION deal... Leaving Big Tech in shock. Here's...
Machina Labs Secures $124M for AI‑Powered Aerospace Factory
Machina Labs raised $124mn to build an AI-driven factory for aluminum and titanium aerospace structures. https://www.metalnomist.com/2026/04/machina-labs-aerospace-factory-signals.html
China Upskills, Vietnam Low‑Costs, Mexico Nearshoring Falters
Global trade is rewiring. China is moving into HIGH-VALUE, ADVANCED manufacturing. Vietnam is rising as a LOW-COST HUB. Meanwhile, Mexico’s nearshoring hype has FAILED to deliver. https://t.co/moYJrnHSfE
Hostile Ships Lose Navigation Rights Amid Aggressive Actions
"Vessels and aircraft associated with hostile states—or those facilitating military operations—cannot simultaneously claim protective navigation rights while engaging in aggressive acts." The US and its proxies have only themselves to blame for the closure of the Strait to their traffic.
German Factory Orders Flat, Recovery Still Elusive
Good Morning from Germany, where industry was showing little sign of recovery even before the war. Factory orders rose just 0.9% in Feb MoM, missing expectations. Excl volatile large orders, demand was up a stronger 3.5%. Still, a downward revision...
IMO Seeks Mechanism to Secure Hormuz Ship Transit
IMO sec-gen: "I am already working with the relevant parties to implement an **appropriate mechanism** to ensure the safe transit of ships through the Strait of Hormuz. The priority now is to ensure an evacuation that guarantees the safety of...
Chinese Interest in Iranian Oil Wanes as Discount Disappears
Chinese refiners are inquiring about Iranian oil, although it's not a wholesale rush given prices are still significantly higher than before the war (the ~$10 discount to Brent is gone). Story link at the end
Asia Pivots to Russian Oil Amid Middle East Turmoil
Asia’s energy reality is shifting FAST. As the Middle East’s supply of oil is disrupted by the US-Israeli war on Iran, countries are turning to Russian oil. RUSSIA = BIG WINNER. https://t.co/akGGPsbivA
China's LNG Demand Stalls, Shifts to Domestic and Pipeline Sources
Don't expect China's LNG demand to bounce back from the Middle East turmoil 🇨🇳🚢 China gets a quarter of its LNG from the world's biggest export plant in Qatar.. which remains offline. To makeup for the shortfall, China is expected to...
Japan, Australia Forge Graphite Anode Supply Chain
Japan and Australia are building a graphite anode supply chain to strengthen battery materials security and reduce import dependence. https://www.metalnomist.com/2026/04/japan-australia-graphite-anode-supply.html
Jet Fuel Supply May Need Months to Rebound Post-Hormuz Reopening
IATA chief says jet fuel supply could take months to recover after Hormuz reopening https://t.co/9qcnn6QlNE
Kipushi Zinc to Boost US Critical Minerals Stockpile
Ivanhoe’s Kipushi zinc concentrate could support US critical minerals stockpiling through a proposed Mercuria and Gécamines deal. https://www.metalnomist.com/2026/04/kipushi-zinc-concentrate-could-link-drc.html
800 Oil Tankers Await Hormuz Reopening in Gulf
POV: The 800 oil tankers stuck in the Gulf when the Strait of Hormuz opens up again. https://t.co/jmhUZYYjld
Iranian Trade Vessels Near Toll Booth, Not Strait Opening
Two ships are heading towards the Iran Toll Booth - between Qeshm and Larak Islands. The ships are the 37k ton, St Kitts-Nevis flagged bulk carrier, which just loaded at Busheur, Iran and is sailing for India. The other is the...
Watching Strait of Hormuz Traffic Amid Ceasefire Uncertainty
Lots of conflicting messages about the proposed ceasefire between the US and Iran. I am waiting to see if there is any movement of ships into the Strait of Hormuz and not through Iran's Toll Booth. https://t.co/poGvHY51S7
IRGC Slashes Hormuz Flow to a Quarter
15 ships per day thru Hormuz 5 mmb/d of oil (vs 20) 2.5 bcf/d LNG (vs 10) That's a starvation diet. Controlled by the IRGC #LNG #NaturalGas #EnergyMarkets #OilMarkets #Geopolitics https://t.co/ej80nFO2XR
Ceasefire May Reopen Hormuz, 800 Ships Await Release
Shipowners are now scrambling to understand the fine print in a ceasefire that could temporarily open up the Strait of Hormuz 🚢🚢🚢 There are currently more than 800 vessels trapped in the Persian Gulf https://t.co/cDsoyn09pr
Hormuz Closure Irreversible: Once Shut, No Reopening
The Strait of Hormuz May have been “shut” like a tap. It cannot be turned back “on” like a tap.
Tomorrow’s Hormuz Tanker Count Cuts Through Market Noise
Let’s see how many tankers cross the Strait of Hormuz tomorrow. Literally everything else is noise.
Hormuz Ceasefire Permits Mere 10‑15 Ships Daily
From account close to Tehran—not saying it’s correct, but it’s the first real colour we’re getting on what any interim Hormuz reopening during the ceasefire could look like: “During the two-week ceasefire, only about 10 to 15 ships will be permitted...
Future Impacts Already Set Despite Strait Reopening
Even if the Strait fully opens and stays open…the ramifications 6-9 months down the road are already baked in. https://t.co/wlXmGv0rls
LNG Ships Stalled; None yet Navigating Hormuz
I'm not seeing any LNG ships moving to go through Hormuz yet 🚢🚢 Those two Qatari LNG ships that had aborted an attempt earlier this week are sitting tight (pic below) But of course it is very early days. It will take...
Spot Brent Lags Futures Yet Set to Drop Quickly
It takes an oil tanker between 2 and 4 days to go from the Persian Gulf to India, which is where the most severe shortfall exists. The spot Brent oil price (white) will be slower to fall than the futures...
Iran, Oman Authorized to Charge Strait of Hormuz Fees
JUST IN: Iran and Oman can now impose fees on ships transiting the Strait of Hormuz under the ceasefire deal, per a regional official.
Flatbed Rates Surge to $4.05, Rejections Hit 48%
DAT bullish, except for flatbeds, with SONAR signaling flatbed as white hot and the strongest mode at unprecedented strength. Flatbed rates up to $4.05/mile and flatbed rejections at 48%. https://t.co/MaglxTT53T
Strait Reopening Will Eliminate Dark Ship
Heads up that if that Strait *actually* reopens, ships will be crossing with their AIS transponders on so we can cut it with all the contested dark (ie AIS off) transit estimates.
Supply Chain Instability Is Inevitable and Growingly Volatile
The disruptions to supply chains are unfortunately predictable, while the actors and dates are fluid. And here is the preview: supply chain instability is a permanent feature and things are bound to get more volatile https://t.co/qYNbnvbpPZ
Freight Volumes Set to Stay Strong Amid Lean Inventories
LMI suggesting freight market volumes expected to be robust over next near term horizon as inventories stay lean https://t.co/5XGm9vl5J5
Iran Gains Strait Control, Better Deal, Yet Costs Lives
So we get the strait reopened with Iran controlling it and a toll. And Iran gets a much better deal than JCPOA. And it cost them the death of some old men and some destruction of some stuff. ...
Iran Claims to Guide Ships Through Hormuz, Knows Mine Locations
🚨 Iran says their military will coordinate passage of ships through the Strait of Hormuz during the ceasefire. -probably because they know where the mines are...
Iran Offers Two‑Week Safe Passage Through Hormuz, Coordination Required
Iran says safe passage via Hormuz is “possible” for two weeks 🚨 … but must be via coordination with Iran's Armed Forces and with due consideration of technical limitations (So far, no loaded LNG tanker has gone through Hormuz in over...
Open Hormuz Strait Triggers Massive Eastward Market Rush
If the Strait of Hormuz is open, get ready to watch for a stampede to the East. https://t.co/3rohg52Jti
Iran Claims Open Strait, Demands Payment; Trump Disagrees
And this is why it’s hard to believe that Iran has agreed to not regulate passage at this point because it’s Irans primary leverage. In Irans eyes the strait IS open—you just have to pay them & the insurance companies....
Flatbed Rates Hit Record $4.05/mile Post‑Easter
Flatbeds come out of Easter surging to record high of $4.05/mile Up from $3.93/mile before the Easter Holiday. https://t.co/lhIwUSiFya
$2 Million Toll
and the new point of contention? the $2 million+ tolls on traversing the Strait of Hormuz?
