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At a Glance Operational Overview  Maritime activity through the Strait of Hormuz remains severely constrained as disruption enters its fourth week. Traffic continues at minimal levels, while routing behavior is shifting toward controlled and selective transit patterns. The system is operating under constraint, with defined access, uneven flows, and global trade adapting through rerouting, selective…

At a Glance Covert Transfers and Reflagging Activity Three 20-year-old liquefied natural gas (LNG) carriers were recently sold to a newly formed company in Türkiye, with two subsequently reflagged to Sierra Leone, a ship registry favored by Russia’s dark fleet. All three LNG carriers have yet to signal their next destination to load a post-sale…

At a Glance Strikes Disrupt a Critical Supply Hub Attacks on Kuwait’s Mina Al-Ahmadi and Mina Abdulla refineries on March 19 are roiling the global jet fuel market — one of the less visible but critical energy commodities already under strain from the effective closure of the Strait of Hormuz, now entering its fourth week….

At a Glance The New Operating Reality Operation Epic Fury began on February 28 and has since pushed the global maritime system into a new phase of sustained disruption. The disruption is no longer limited to isolated vessel attacks or temporary route changes. It now spans chokepoints, oil exports, LNG, bunkering, container rotations, port systems,…