TagsStrait of Hormuz Closure

Tag: Strait of Hormuz Closure

Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’

International Shipping
LONDON: If you’d never heard of the Strait of Hormuz before, you probably have by now. Iran’s effective closure of the waterway, which usually...

Iran turns back 3 Containerships trying to transit Hormuz: IRGC

Export - Import
TEHRAN: Iran's Revolutionary Guard Corps (IRGC) said that its navy has turned back three container ships attempting to pass through the strait of Hormuz...

Iran war will impact wider fleet safety

International Shipping
HAMBURG: The escalating conflict in the Middle East and the blocking of the Strait of Hormuz is set to become a major operational challenge...

PM Modi speaks with Iran President, flags attacks on energy infra, shipping lanes

Global Trade
NEW DELHI : As the war in West Asia entered its fourth week with no signs of a let-up, Prime Minister Shri Narendra Modi...

Iran warns Strait of Hormuz will be “completely closed” if US targets power plants

Foreign Ports
TEHRAN: Iran on Sunday warned that the strategic Strait of Hormuz would be "completely closed" and the energy infrastructure of Israel and the Gulf...

Hormuz naval escorts will not ensure vessel transits through Hormuz: IMO head

International Shipping
LONDON: Naval escorts for oil tankers and other merchant vessels through the Strait of Hormuz have limited power to restore the free flow of...

Iran ready to let Japanese vessels transit Strait of Hormuz,

Foreign Ports
TEHRAN : Iran is ready to let Japanese-related vessels pass through the Strait of Hormuz, a vital artery for global oil supplies, Kyodo news...

CMA CGM starts bypassing Hormuz by deploying emergency multimodal solutions

Foreign Ports
MARSEILLE: CMA CGM is deploying emergency multimodal solutions for its customers to support supply chains in the United Arab Emirates and the northern Gulf...

West Asia crisis impact limited so far, but risks rise if Strait of Hormuz disruption prolongs: Jefferies

Economy
NEW YORK: The ongoing West Asia crisis has not yet triggered a sharp market correction, but risks to energy-dependent economies like India could intensify...

Middle East conflict raises stagflation risks for global economy, Asia, Europe more vulnerable: Report

Business
NEW DELHI: The ongoing conflict in the Middle East and the effective closure of the Strait of Hormuz since the start of March have...
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