Shipping
Red Sea shipping drops after Houthi attacks on Saudi oil sites, data shows
Eleven commodity vessels passed through the Bab el-Mandeb Strait on Sunday, the lowest level in months, the data showed.
Hormuz tanker crossings slip to lowest in more than two months, data shows
Saudi tankers make U-turn in Red Sea, head towards Suez following Houthi blockade announcement
US still open to diplomatic solution with Iran if attacks in Strait of Hormuz end, Rubio says
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.
Iran-linked ships drive traffic through Strait of Hormuz, ship tracking data shows
Despite a two-week ceasefire between Iran and the US, most vessels sailing through the Strait of Hormuz in the past day are linked to Iran, according to ship tracking data.
Hormuz at near standstill as Iran warns ships to keep to its waters
Mitsui O.S.K. Lines, one of Japan’s big three shipping firms, is among those caught up in the confusion as firms try to work out what impact the US-Iran two-week ceasefire is having.
