
Family Matters But So Does the Steel Horse...
Let me tell you something family always comes first. But you can't protect your family if you don't keep that engine running. Right now things are heating up in the Strait of Hormuz and the Red Sea. This BIMCO outfit is warning about increased threats to shipping after some action went down at Iran's nuclear spots and Houthis are in the mix too. It's like a street race gone global and everyone's got a souped up ride with something to prove.
Houthis and Missiles? Sounds Like a Party!
This Jakob Larsen dude from BIMCO is saying the Houthis are specifically eyeing ships linked to Israel or the U.S. But let's be real anything can happen out there. Hapag Lloyd is admitting their alert level is 'high.' Maersk? They're pulling out of Haifa port temporarily. Smart move. Better to be safe than sorry. No one wants to end up like Johnny Tran and his Honda S2000. Not a pretty sight.
Strait of Hormuz: Gas Pedal or Emergency Brake?
Now this Strait of Hormuz...it's the highway for oil. If things get blocked prices go through the roof. Larsen is worried Iran might try to disrupt shipping there. Missiles drones sea mines...it's like they're trying to rewrite the rulebook. It's all about family and right now that means protecting our assets in the global market. We don't forget who we are.
Warships or Barges? Choose Your Ride
They're saying U.S. warships might be stretched thin protecting everyone. So if you're not flying the Stars and Stripes or the Israeli flag you might be on your own. That's when you gotta rely on your crew your instincts and maybe a little NOS if things get dicey. Like I always say it doesn't matter if you win by an inch or a mile; winning's winning.
The Price of Freedom... and Fuel
Even before the fireworks started shipping rates were going up. Xeneta says rates from Shanghai to Jebel Ali have jumped 55%! Tanker rates are sky high too. It's costing more for security fuel...everything. Marsh McLennan says insurance for ships in the Strait of Hormuz is up 60%. Someone's making a killing out here. This is bigger than us
Stay Vigilant Stay Fast Stay Safe
BIMCO's telling everyone to review their security stay away from the Iranian coast and keep in touch with the naval forces. They're also saying to toughen up your ships and be ready for anything. In the end it's your call if you wanna risk it all. But remember family comes first. Don't do anything stupid out there. And remember what I always say: 'I live my life a quarter mile at a time. Nothing else matters: not the mortgage not the store not my team and all their bullshit. For those ten seconds or less I'm free'. So go out there and live free but don't forget to come back home.
kegsdelight
Sounds like a good time to short oil futures.