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The Latest Breaking News from Windward

Secret passwords and crypto payments: Inside Iran’s mysterious new ‘tollbooth system’ in the Strait of Hormuz

Oil prices surged again on Thursday after Donald Trump dashed hopes of a swift resolution to the Middle East war

The Independent UK

‘Tehran’s tollbooth’: a visual guide to how a trickle of ships still passes through strait of Hormuz

Many of the vessels willing to make the crossing are taking an alternative route through Iranian waters

The Guardian - UK

Inside Iran’s ‘toll booth regime’: How Tehran chooses who can pass through Strait of Hormuz

Maritime experts say ships are being ordered to submit detailed documentation to the Iranian authorities before being escorted through a controlled corridor

The Independent UK

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Oil tankers divert from Venezuela after Trump threatens ‘total blockade’ of sanctioned ships

Hundreds of ships have been sanctioned, part of a massive shadow fleet of often aging vessels that has proliferated in recent years

The Independent UK

US seizure of rogue oil tanker off Venezuela signals new crackdown on shadow fleet

The recent seizure of an oil tanker known as Skipper by the U.S. off the coast of Venezuela marks a dramatic escalation of President Donald Trump’s campaign to choke off Venezuelan leader Nicolás Maduro’s access to oil revenues

The Independent UK

London stocks move higher before Christmas despite weaker housebuilders

The FTSE 100 finished 34.27 points, or 0.42%, higher to end the day at 8,136.99.

Evening Standard

US investor to snap up maritime AI specialist Windward for £216m

The company, which is chaired by former BP boss Lord John Browne, is to be bought by a fund linked to FTV Capital.

Evening Standard

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What is the economic cost of Baltimore’s Key Bridge collapse?

The Baltimore port’s closure could cost the economy $15m per day while insurers face up to $3bn in claims.

Al Jazeera

‘Dark activities’ of Russian-linked oil tankers have doubled, analysis shows

Maritime intelligence firm points to rise in tankers switching off trackers for sanctions-busting transfers

The Guardian - UK

Russian ships switch flags at record rate on sanctions scrutiny

Many more Russian-flagged vessels than usual switched their flags to other countries in March, possibly to conceal their ties to Moscow and avoid being caught up in sanctions over the invasion of Ukraine, according to maritime consultancy Windward Ltd.

Tribune News Service

Russian tankers are going dark, raising flags on sanctions evasion

Russian tankers carrying oil chemicals and products are increasingly concealing their movements, a phenomenon that some maritime experts warn could signal attempts to evade unprecedented sanctions prompted by the invasion of Ukraine.

Tribune News Service

Digital warfare tech at sea helping US foes evade sanctions

A maritime intelligence company whose data is used by the U.S. government to investigate sanctions violations says that since January 2020 it has detected more than 200 vessels using technology to hide a ship location that was previously available only to militaries

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