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Mike Scheideman
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June 9, 2025
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Controlled Passage: First Ships Edge Through Hormuz as Crisis Redefines Global Shipping

A small number of merchant vessels have begun edging back through the Strait of Hormuz, offering the first visible signs of movement after weeks of disruption. But far from signalling…

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U.S. Intel Warns Iran Has No Incentive to Reopen Hormuz as Oil Leverage Grows

Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery provides the…

U.S. Doubles Hormuz Insurance Backstop to $40B in Hopes of Luring Ships Back

The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the Strait of Hormuz—even as shipowners continue to largely…

Container Rates Stall as Capacity Glut Offsets Hormuz Shock

Container spot freight rates on the main east-west trades largely flatlined this week as excess capacity and uneven demand failed to further spur recent pricing increases by carriers.

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French and Japanese-Owned Ships Make First Hormuz Crossings

By Weilun Soon and Samy Adghirni (Bloomberg) — A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to be the first such transits…

French-Owned Container Ship Exits Hormuz in First Since Iran War

A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe since the…

Hormuz Shutdown Sends Global Shockwaves as UN Warns of Inflation Surge and Slowing Growth

The Strait of Hormuz—one of the world’s most critical energy chokepoints—remains effectively closed, sending shockwaves through global trade, energy markets, and financial systems, according to a new report from the…

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Iran’s ‘Tollbooth’ Tightens Grip on Hormuz as Ships Offered Safe Passage—For a Price

In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could…

Panama-Flagged Ships Dominate China Detentions in Sudden March Spike

The number of Panama-flagged ships detained by China’s Port State Control soared in March, compared with February and January, according to The Loadstar’s analysis of the Tokyo MOU detention list.

Trump Says U.S. May Exit Iran War Soon and Threatens to Quit NATO, as Oil Crisis Escalates

Global oil supplies are expected to be hit twice as hard this month as in March, the International Energy Agency said on Wednesday, underlining the urgent need to resolve the…

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