US President Trump’s announcement earlier today (17 April) that the Strait of Hormuz is ‘fully open’ is inaccurate, and shipping should consider avoiding the area, says Jakob Larsen, BIMCO Chief Safety & Security Officer. As previously reported by ship.energy, in a post on X, Iran’s Foreign Minister Abbas Araqchi said that restrictions on commercial vessels passing through the Strait of Hormuz have been lifted for the duration of the 10-day ceasefire between Israel and Lebanon which took effect yesterday (16 April). President Trump subsequently posted on Truth Social that: ‘The Strait of Hormuz is completely open and ready for business […]

UK Prime Minister Keir Starmer and President Macron of France will chair a virtual meeting later today (17 March) of the new Strait of Hormuz Maritime Freedom of Navigation Initiative, which is being established as ‘an international mission’ to look at options for the reopening of this vital conduit for maritime trade. According to a UK Government statement, around 40 countries are expected to join the meeting which will focus on supporting the current ceasefire in the region and ensuring that shipping routes are reopened and secured through the Strait ‘for the long term.’ The International Maritime Organisation will also […]

Daniel Cheverall, previously London Head of Trading at Shipergy, is joining Eleven Energy as Head of Global Trading. Cheverall had worked for Shipergy since January 2024 and has held previous roles at Aurora Marine Fuels and Integr8 Fuels. News of his move was revealed on a social media post by Eleven Energy’s CEO Chris Todd, who commented: ‘From a business perspective, the experience, network, and leadership he brings are, in my view, truly unmatched and will add significant value as we continue to build and expand.’ Image: Eleven Energy/LinkedIn