Shipping
Iran threatens 'legal action' against South Korean shipping company in Strait of Hormuz
Tehran has sought to tighten its grip on the strategic waterway by attacking shipping there since US and Israeli airstrikes on Iran on February 28.
CENTCOM chief flies over Strait of Hormuz during Middle East visit, affirms waterway clear of mines
How could Israel help Saudi Arabia defend against the Houthis - and at what cost? - analysis
Iranian fishermen scramble for loot from sunken container ship after explosion
Three sailors dead from US strikes on tanker off Oman, India confirms
The deaths are the first reported since the blockade began on April 13, operations which have seen the US disable eight ships and turn back more than 100 others.
Cargo vessel exchanges fire with armed craft off of Yemen, UKMTO reports
There was an exchange of fire between the small craft and the vessel's armed security team, and the craft then turned away, UKMTO added.
Maritime leaders say US-Iran peace deal must provide clear framework for Strait of Hormuz transit
Shipowners and maritime industry officials met at a Capital Link conference and other events ahead of Posidonia, a week-long biennial shipping exhibition, where they commented on the matter.
Israeli ministries move to block $4.2 billion sale of ZIM over security concerns
The opposition centers on a deal approved by ZIM shareholders at the end of April under which the company would be acquired for $4.2 billion, roughly $1 billion above its current market valuation.
Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea says
Saeed Koozechi, the Iranian ambassador to South Korea, denied Iran's role in the South Korean vessel attack, saying his country "took no part" in it, local news agency Yonhap News reported.
Iran's intensified closure of Strait of Hormuz piles misery on stranded sailors
Sailors interviewed by Reuters in recent weeks have described the hardships and anxieties of their experience, and a federation representing them warns of dire conditions.
Islamic regime launches Persian Gulf Strait Authority, ships reportedly start paying tolls
Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.
Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order
Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, they said separately on Sunday, with both citing a US executive order issued on May 1.
CS Anthem chemical tanker was second US-flagged vessel to exit Strait of Hormuz
US forces are helping to restore commercial shipping through the strait, using US Navy guided-missile destroyers that are operating in the Gulf under a directive called "Project Freedom."
European freight firms benefit from war-driven supply chain disruption
Heightened supply-chain complexity may boost profits for firms like DHL, DSV and Kuehne+Nagel, but analysts warn the energy shock and wider economic fallout could weaken demand later this year.
