Shipping traffic in the Strait of Hormuz has significantly declined due to renewed hostilities between the…
Tag: shipping
Cargo Ship Attacked in Red Sea, Investigation Underway
A cargo ship reported being attacked by unknown armed assailants in the Red Sea on Sunday,…
Container Ship Grounds in Hormuz Amid Iran’s Control Claims
A foreign container ship ran aground in the Strait of Hormuz on Wednesday, as Iran asserts…
Japan Plans $616 Million to Boost Ship Repair Capacity
Japan's government has approved a new industrial strategy aimed at enhancing its ship repair capacity, allocating…
US Strikes Iranian Targets After Shipping Drone Attack
On Saturday, the U.S. military conducted strikes on multiple Iranian targets in response to a drone…
US-Iran Ceasefire Sparks Surge in Strait of Hormuz Shipping Traffic
The recent ceasefire agreement between the United States and Iran has led to a significant increase…