Attacks in the Red Sea and Strait of Hormuz drive up logistics costs.
Tag: Shipping
Iran Claims Strait of Hormuz Is Closed After US Strikes — US Military Immediately Disputes the Assertion
Iran’s military command announced it had shut down shipping through the strategic waterway but the US military rejected the claim saying the strait remained navigable.
UN Agency Pauses Ship Evacuation Through Strait of Hormuz After Attack on Commercial Vessel
A UN maritime organisation temporarily halted its coordination of commercial shipping through the Strait of Hormuz following an attack on a vessel in the waterway.
Did Iran Actually Close the Strait of Hormuz After June 28 Strikes? US Military Disputes the Claim
Iran’s joint military command said the strait was closed but the US military denied this saying Iran does not control the waterway and traffic continues.
Foreign Minister, Egyptian Counterpart Condemn Threats to Maritime Navigation
Saudi Arabia and Egypt issued a joint statement condemning hostile drone attacks on shipping lanes.
Shipping Traffic in Strait of Hormuz Increases as US-Iran Tensions Ease
MarineTraffic data shows multiple vessels transiting the strait daily as the US-Iran MOU enables gradual reopening; before the war 110 vessels transited daily.
Global Shipping Disruption from Strait of Hormuz Sends Energy Prices Surging
The ongoing blockade of the Strait of Hormuz has pushed global fuel prices to multi-year highs benefiting Russia and Iran at the expense of importing nations.
Mumbai Water Tankers Go on Indefinite Strike
Dispute over civic regulations threatens citywide water access
Woman Awarded 35000 Compensation from KSRTC
Consumer forum punishes bus corporation for departing ahead of schedule
24 Indian Sailors Rescued from Marivex Ship
Crew safely evacuated after US missile strike off coast of Oman