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TODAY: Is bypassing Hormuz creating a tanker bottleneck?
What we’re tracking this morning regionally and around the world
Adnoc L&S has now committed roughly USD 2.7 bn to vessel acquisitions in 2026 alone
The ships are contracted — but can they beat Hormuz?
Gulf producers double down on the oil handoff
Gulf countries are joining the ship-to-ship transfers club as it comes under threat.
Gulf energy earnings split along one line: who built a way around Hormuz before the war started
The war raised prices, but chokepoint exposure and shipping flexibility split the victors from the losers
China’s state tankers sidestep from chokepoints, shifting to offshore transfers
Cosco and CMES have stopped sending tankers through both Hormuz and Bab Al Mandab
TODAY: DP World expands African port capacity + Fujairah is getting a Mediterranean oil terminal
What we’re tracking this morning regionally and around the world
Maersk’s CEO warns supply chains can’t handle the next shock
Rail, trucking, and barge capacity are falling behind the same networks, Clerc warns
DP World makes headway on Port of Tartous, another Egypt route for Jeddah + Turkey prepares its Syria crossings for more trade
Stories on our radar this morning from around the region
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