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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.
18 mins ago
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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
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
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
The Hormuz Chokepoint: How Seven Days Reshaped Shipping Risk
A week of Strait closure triggered 90% tanker traffic collapse and 86% overall decline, forcing insurers to redefine risk models.
Mar 7
DHT Holdings Taps Hafnia Founder Erik Bartnes — A Power Play for Tanker Supremacy?
Legendary tanker operator joins DHT board amid record rates. Is consolidation coming to the VLCC market?
Mar 7
Oil Majors Ghost Trump's Alaska Drilling Dreams at Cook Inlet Auction
Zero bids for 1M acres of Cook Inlet leases despite $90+ oil. Industry's final verdict on Arctic economics.
Mar 7
Panama Canal's Surprise Revenue Surge Defies Trade War Predictions
Canal revenue up 8-10%, beating forecasts and trade war predictions. Is global chaos actually good for Panama?
Mar 7
Iraq and Kuwait Quietly Cutting Production as Gulf Storage Overflows
Middle East producers are silently shutting down millions of barrels per day. Nobody's talking about it yet.
Mar 7
Trump's Tanker Escort Flip-Flop: Navy Said 'No Chance' Just Hours Before
Navy kills escort plans in private, Trump announces them on X. The Hormuz confusion saga just got messier.
Mar 7
Performance Shipping Orders Two Suezmax Tankers for $163 Million
Performance Shipping orders two 158,000 DWT Suezmax tankers from CSSC/Shanghai Waigaoqiao for $81.5 million each. Deliveries scheduled October 2028 and…
Mar 7
Shipping Giants Return to Cape Route as Suez Bookings Collapse
Maersk and CMA CGM abandon Suez Canal sailings, reroute around Cape of Good Hope. Westbound transits add 19 days versus Suez; industry faces déjà vu of…
Mar 7
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