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indianexpress.comNBC News reported that U.S. military searches have not confirmed any mines in the Strait of Hormuz after three months of operations. Officials described the threat as less than expected. Shipping insurance rates have risen due to uncertainty.
naturalnews.comIranian authorities reported managing vessel traffic in the Strait of Hormuz by assigning designated routes. Twenty-four ships crossed in the most recent 24-hour period, down from 26 the day before. Tehran stated the measures aim to prevent congestion in the waterway that carries…
etftrends.comMost commercial tanker traffic through the Strait of Hormuz has stopped. A small number of non-Iranian vessels have still completed round trips since March 1.
insidermonkey.comNearly all large non-Iranian tankers that entered the Persian Gulf during the war have exited carrying cargo. The pattern covers vessels that arrived after the conflict began.
koreaherald.comSamsung Heavy Industries Co. announced a 750.5 billion won (US$504 million) contract to build two liquefied natural gas carriers for an unidentified client in Oceania. The ships are scheduled for delivery by June 2029. The order brings the company's total deals secured so far thi…
koreaherald.comHD Korea Shipbuilding & Offshore Engineering announced a 505 billion-won deal to build three very large gas carriers. The vessels are scheduled for delivery by the end of 2029 to an unidentified customer. This order contributes to the company's achievement of 40 percent of its an…