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Iran Built a Toll Booth on the Strait of Hormuz. The IRGC Is Charging $2 Million Per Ship. Payments Are Accepted in Cash or Crypto. And Five…
One tanker paid $2 million. Ships transit with AIS off and GPS jammed through a 5-mile channel past an IRGC naval base. Five countries are negotiating.
24 hrs ago
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A 277-Meter Ghost Ship Loaded with 62,000 Tons of LNG Is Drifting Toward Libya with No Crew, No Power, and No Plan. Europe Is Watching It…
The Arctic Metagaz has been crewless for 18 days. It’s listing at 30 degrees, leaking gas, and heading for Libyan oil platforms. Nine EU countries wrote…
Mar 21
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🚨 5,000 Marines, Six Warships, and Zero Escort Plans. The Hormuz Reopening Just Got Closer and Further Away at the Same Time.
The USS Boxer group left San Diego with 2,500 Marines. Combined with the Tripoli group, that's 5,000 ground troops headed for the Gulf. Ship captains…
Mar 20
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20 Nations Just Signed a Joint Statement on Hormuz. Not One Committed a Warship.
20 nations declared "readiness to contribute." Zero committed a warship. The escort timeline just got longer.
Mar 20
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Iran Just Knocked Out 17% of Qatar's LNG Export Capacity. Repairs Will Take Up to Five Years.
Two LNG trains at Ras Laffan are down. 12.8 million tons per year offline. Force majeure declared on long-term contracts to Italy, Belgium, South Korea…
Mar 20
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OFAC Blocks Cuba From Russian Oil — But Two Tankers Are Already En Route. One Is Sanctioned. One Is Running Dark.
Mar 20
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🚨 5,000 Marines, Six Warships, and Zero Escort Plans. The Hormuz Reopening Just Got Closer and Further Away at the Same Time.
Mar 20
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MSC Just Bought Half of Sinokor. The World's Biggest Container Line Now Controls a Quarter of the Compliant VLCC Fleet.
Mar 19
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Trump Waives the Jones Act for 60 Days. Foreign Tankers Can Now Move Oil Between U.S. Ports — But It Won't Fix What's Actually Broken.
Mar 19
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Intelligence Briefs
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OFAC Blocks Cuba From Russian Oil — But Two Tankers Are Already En Route. One Is Sanctioned. One Is Running Dark.
The U.S. eased Russian oil sanctions for the world. It carved Cuba out. Now a sanctioned Sovcomflot tanker and an AIS-spoofing Hong Kong vessel are…
Mar 20
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MSC Just Bought Half of Sinokor. The World's Biggest Container Line Now Controls a Quarter of the Compliant VLCC Fleet.
The Aponte family's tanker play is no longer speculation. Regulatory filings confirm MSC is behind Sinokor's $2.5 billion VLCC buying spree — and the…
Mar 19
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Trump Waives the Jones Act for 60 Days. Foreign Tankers Can Now Move Oil Between U.S. Ports — But It Won't Fix What's Actually Broken.
Foreign-flagged tankers can now move oil between U.S. ports. The real problem — a Strait of Hormuz running at 3% of normal — remains untouched.
Mar 19
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The Great Reroute: Cape Becomes Default Route—Again
Second Cape reroute in two years forces carriers away from Suez, piling 19 additional transit days and $2B+ weekly cost increments.
Mar 7
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Shadow Fleet Under Siege: 2026 Sanctions Enforcement Redux
EU’s 43 new shadow fleet designations, US vessel seizures, and Arctic Metagaz sinking signal shift to predictive sanctions enforcement.
Mar 7
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Qatar’s LNG Force Majeure and the Fragility of Global Gas
Qatar’s force majeure declaration after drone attack on Ras Laffan threatens 20% of global LNG supply, exposing critical vulnerability in Europe’s…
Mar 7
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