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• Long Beach Cargo Drops as Hormuz Crisis Keeps Pressure on Supply Chains
  The Port of Long Beach posted another year-over-year decline in cargo volumes in April as global market volatility, rising fuel costs and supply chain uncertainty continue to pressure international trade...
• NASSCO Secures $856 Million for Another Navy Fleet Oiler
  General Dynamics NASSCO has received $856 million in funding to build T-AO 217, the latest ship in the U.S. Navy’s John Lewis-class fleet replenishment oiler program. The funding is part...
• Greek-Operated Tanker Breaks Through Hormuz Gridlock
  A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through the waterway this week, ship tracking data showed on Friday.
• Iran Seizes Chinese-Owned ‘Floating Armory’ Ship Near Hormuz
  Iran seized a Chinese-owned ship that’s one of a handful of so-called floating armories that operate in the region, according to two maritime security consultants who asked not to be identified discussing sensitive information.
• $13 Billion Commonwealth LNG Project Gets Green Light in Louisiana
  Caturus announced Friday it has reached final investment decision (FID) on the long-delayed 9.5 million tonnes per annum (mtpa) Commonwealth LNG export terminal in Cameron Parish, Louisiana, backed by $9.75 billion in project...