Pacific Maritime Climate Push: Majuro is set to host next month’s inaugural Pacific Blue Shipping Partnership ministerial meeting, where transport ministers from 10 Pacific countries will back low-carbon shipping plans, national action plans for the International Maritime Organization, and a proposed $300 million Green Climate Fund push—using models like the Marshall Islands’ sail-and-solar inter-island vessel Juren Ae that’s already cutting fuel use by over 50%. Quad Ports for Future Cooperation: The Quad (US, Japan, India, Australia) announced plans to jointly develop Fiji port infrastructure in Suva and Lautoka, framing it as a Pacific-priority alternative to China’s supply-chain dominance and a potential new flashpoint in US-China competition. Strait of Hormuz Shipping Under Strain: Global crude prices slid to six-week lows on tentative US-Iran ceasefire extension hopes, but shipping remains tense; a Marshall Islands-flagged tanker, Nissos Keros, carrying about 270,000 MT for India, safely cleared the Strait and is expected in Visakhapatnam June 3. US Tightens Iran Oil Pressure: Even amid ceasefire talk, the US Treasury and State imposed fresh sanctions on Iran’s military-linked oil and petrochemical trade, targeting vessels and companies across multiple jurisdictions, including Marshall Islands-flagged shipping interests. Marshall Islands Wins Compensation: The International Tribunal for the Law of the Sea awarded the Republic of the Marshall Islands over $14 million in compensation over the 2022 detention of the VLCC Heroic Idun and mistreatment of its crew. Gulf Claim Denied: Iran’s claim that it destroyed a US aircraft near Bushehr was rejected by US Central Command, which said no US aircraft were shot down.