Wednesday news
Trump Claims Hormuz Control as US, Iran Harden Their Stances
US Energy Secretary Chris Wright put the seven-day average for oil leaving Hormuz at almost 9 million barrels a day, above many trader estimates. The claim comes as President Donald Trump asserted "total control over the Hormuz Strait" late Tuesday at Joint Base Andrews, while Brent crude extended a six-day rally to just over $89 a barrel in London. Iran immediately dispelled the ownership claim, and former US deputy secretary of state Wendy Sherman described negotiations as "definitely at a stalemate." Pakistan's Khawaja Asif told Bloomberg the two sides are "close to some sort of arrangement," while Interior Minister Mohsin Naqvi delivered a message from Prime Minister Shehbaz Sharif and army chief Asim Munir to Iran's leadership. Iran's Mohsen Rezaee said any agreement with Oman on strait control would remain separate from a full reopening, and that Tehran wants the war ended and frozen assets unfrozen. Twelve ship-to-ship cargo transfers were spotted Monday along over 100 kilometers of Omani and UAE coasts, indicating tankers are crossing with transponders off. gCaptain
U.S. Navy Helicopter Fires on Panama-Flagged Containership in Gulf of Oman in Blockade Enforcement
gCaptain
Four Crew Killed in Red Sea Attack While Missile Strike Reported in Gulf
gCaptainPort of Antwerp-Bruges tenders caisson-type quay wall construction work
TED Europa
De Vlaamse Waterweg tenders Dender & Moervaart maintenance framework
TED Europa
Norfolk Dredging Lands $27.2 million Maintenance Dredge Contract for Delaware River
DredgeWire
Oil Spill From Grounded Shadow Fleet Tanker Could Rival Exxon Valdez
gCaptain
IEA Warns Oil Market Risks Mount as Hormuz Disruptions Drain Inventories
gCaptain
Ship Pays $4 Million to Cut the Line at Panama Canal
gCaptain
Dredging Market Outlook Signals Expansion To $16.3 Billion Through 2030
DredgeWire
US Pays RWE $1.22B to Abandon Coastal Wind Leases
DredgeWire
TiL and Hutchison Ports withdraw EU merger notification for Barcelona’s BEST terminal
Ports Europe
