Maersk has imposed a new $1,000 surcharge per container for cargo carried on vessels transiting…
Tag: Hormuz
India Bars Seafarers from Hormuz Routes as Regional Conflict Escalates
India has ordered shipowners, ship managers and recruitment agencies to stop deploying Indian seafarers on…
Trump Reverses Course on Hormuz Fee, Seeks Gulf Investment Instead
US President Donald Trump has abandoned plans to impose a 20% fee on cargo transiting…
Trump Reimposes Iran Shipping Blockade, Announces 20% Hormuz Transit Levy
US President Donald Trump has announced the reinstatement of the United States’ blockade of Iranian…
IMO Council Reaffirms Free Passage Through Hormuz, Condemns Attacks on Shipping
The International Maritime Organization (IMO) Council has adopted a resolution reaffirming the right of unhindered…
Hormuz Shipping Faces Long Road to Recovery as 80 Mines Block Key Sea Route
The Strait of Hormuz remains littered with around 80 mines along its historic shipping lanes,…
IMO Suspends Hormuz Evacuation Plan After Merchant Ship Attack
The International Maritime Organization (IMO) has temporarily suspended its evacuation scheme for ships stranded in…
Hormuz Shipping Traffic Rebounds as Tankers Resume Gulf Transit Despite Iran Threats
Oil and liquefied natural gas tankers resumed sailing through the Strait of Hormuz on Monday,…
US Dismisses Iran’s Hormuz Closure Claim as Ceasefire Deal Nears Breaking Point
The United States military has rejected Iran’s claim that it has reclosed the Strait of…
Maersk Keeps Gulf Shipping Restrictions, Surcharges Despite Hormuz Deal
Maersk is maintaining sweeping cargo restrictions and emergency surcharges across the Persian Gulf, underscoring how…
U.S. Rules Out Sanctions Relief Until Iran Reopens Hormuz
United States Secretary of State Marco Rubio has ruled out any immediate sanctions relief for…
Iran Launches Bitcoin-Backed Shipping Insurance Amid Hormuz Tensions
Iran has unveiled a Bitcoin-backed insurance scheme for shipping companies operating through the strategically vital…