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Iran has changed its tactics in the waterway to exert pressure on vessels, with the U.S. Navy calling the threat to shipping in the region ‘severe’.
Iran's Islamic Revolutionary Guard Corps Navy said on Thursday that four vessels involved in illegal oil transfers in the northern Persian Gulf were simultaneously hit and caught fire after being tracked by its forces…
By Julian Lee (Bloomberg) — Oil shipments from the Middle East are showing little sign of buckling in the face of Iran’s more frequent and damaging attacks on merchant ships in the...
A ship was struck on Wednesday by “an unknown projectile” off the coast of Oman, near the Strait of Hormuz, sparking a fire, a British maritime security agency said. The tanker, 11 nautical miles…
After USS Charleston’s presence was detected, China immediately sent forces to monitor the ship’s activities near the Sabina Shoal in the South China Sea.
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Tuesday, rising about 1.9% to a near one-week high of 2,593…
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