France Deploys Aircraft Carrier to Red Sea Ahead of Possible Hormuz Mission
France on Wednesday deployed its carrier strike group to the Red Sea as part of planning for a potential mission to secure the Strait of Hormuz, urging Washington and Tehran to consider the proposal given the global economic impact of their competing blockades.Fresh exchanges of fire on Monday underscored the stakes as the U.S. and Iran struggle for control of the narrow waterway, a vital artery for global energy and trade, shaking a fragile four-week-old truce and reinforcingâŠ
HMM Vessel Damaged in Hormuz Blast to Be Towed to Dubai
South Korean shipper HMM said on Wednesday it had secured a vessel to tow a bulk carrier it operates to a port in Dubai after an explosion and fire damaged the ship, which had been stranded in the Strait of Hormuz.U.S. President Donald Trump blamed the incident on an Iranian attack, while South Korea's Foreign Ministry said the cause of the fire would only be confirmed after the vessel was towed back to port and inspected.HMM said in a text message that the damaged vessel was expected to arrive in Dubai on Thursday night or Friday morning Seoul time.The Panama-flagged shipâŠ
Trump Pauses Effort to Escort Ships in Strait of Hormuz
U.S. President Donald Trump said on Tuesday he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran."We have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom ... will be paused for a short period of time to see whether or not the Agreement can be finalized and signed," Trump wrote on social media.There was no immediate reaction from Tehran, where it was very early on Wednesday morning.Only hours earlier, U.S.
US, Bahrain Support UN-Backed Resolution for Strait of Hormuz
U.N. Security Council members will begin talks on Tuesday on a U.S.- and Bahrainâbacked draft resolution that could lead to sanctions against Iran, and potentially authorise force, if Tehran fails to halt attacks and threats to commercial shipping in the Strait of Hormuz, three Western diplomats said.Fresh exchanges of fire on Monday underscored the stakes as the U.S. and Iran struggle for control of the narrow waterway, a vital artery for global energy and trade, shaking a fragile four-week-old truce and reinforcing rival maritime blockades.The U.S.
Project Freedom Gets Off to a Troubled Start
The U.S. military said on Monday it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran sought to thwart a new U.S. naval effort to open shipping through the Strait of Hormuz.U.S. President Donald Trump launched the operation, called Project Freedom, on Monday as he sought to wrest control of the critical waterway from Iran, which effectively closed the Strait of Hormuz after the U.S. and Israel started the conflict on February 28.U.S.
Fire Breaks Out on HMM Vessel in Strait of Hormuz
There was a fire and an explosion on a vessel operated by South Korean shipper HMM in the Strait of Hormuz on Monday, the foreign ministry in Seoul said.The government was checking intelligence that the vessel, HMM Namu, may have been attacked, Yonhap News reported citing government officials.There were no casualties reported and authorities were investigating what caused the blaze that, HMM said, broke out in the engine room of the Panama-flagged cargo ship.Twenty-four crew members, including six Korean nationals, were on board, the company told Reuters.The U.S. military said two U.S.
UAE Accuses Iran of Attacking Empty Oil Tanker in Strait of Hormuz
The United Arab Emirates on Monday accused Iran of attacking an empty crude oil tanker belonging to the Abu Dhabi state oil firm ADNOC with drones as it attempted to pass through the Strait of Hormuz.ADNOC's maritime energy logistics unit said the Barakah was empty when it was attacked by two drones, and no injuries were reported."The UAE further stressed the need for Iran to halt these unprovoked attacks, ensure its full commitment to an immediate cessation of all hostilitiesâŠ
Two US Missile Destroyers Enter Gulf, Two American Ships Crossed Hormuz
The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. merchant ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering the Gulf.U.S. Central Command said its forces were supporting President Donald Trump's "Project Freedom", which aims to "guide out" commercial ships stranded in the Gulf by the U.S.-Israeli war on Iran, and were enforcing a blockade of Iranian ports.The intervention appeared to raise the risk of a direct confrontation between the U.S.
US Treasury Advises Shippers to Not Pay Tolls for Hormuz Passage
Any shipper paying tolls to Iran for passage through the Strait of Hormuz, including charitable donations to organizations such as the Iranian Red Crescent Society, is at risk of punitive sanctions, the U.S. Treasury warned on Friday.The Strait of Hormuz is one of the worldâs most strategically vital maritime routes, with about 20% of the worldâs seaborne crude oil and liquefied â natural gas flows passing through it.Tehran has proposed fees or tolls on vessels passing through the StraitâŠ
TotalEnergies Pauses Middle East Production Until Hormuz Transit Stabilizes
TotalEnergies will not resume Middle East production until shipping transit through the Strait of Hormuz has stabilised, its CEO said on Wednesday.About 15% of Total's upstream oil and gas production is offline because it is unable to ship cargoes through the Strait of Hormuz as the Iran war continues, though resulting higher oil prices and increased output in other regions have offset the company's Middle East losses.The French oil major has nine tankers stuck in the strait, after one managed to make it out over the weekend of April 17.
Shipping Traffic in the Strait of Hormuz Remains at a Trickle
At least six ships - a fraction of the usual traffic - have crossed the Strait of Hormuz in the past 24 hours, shipping data showed on Wednesday, while the U.S. and Iran remain deadlocked over coming to terms that would re-open the crucial waterway.The vessel traffic was mainly through Iranian waters and included the Vast Plus chemical tanker, which is subject to US sanctions, according to Kpler ship-tracking data and satellite analysis from SynMax.Most of the ships were dry bulk carriersâŠ
Strait of Hormuz Closure Curbs Dry Bulk Demand
"The Iran war and the resulting disruptions to ship transits through the Strait of Hormuz have increased uncertainty for both the global economy and the dry bulk market. Around 4% of dry bulk cargoes and tonne mile demand typically sail through the strait and at present, and around 210 ships, equivalent to roughly 1% of the dry bulk fleet, are currently trapped in the Persian Gulf,â says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Given the high uncertainty over when transits may resume, we present two forecast scenarios.
Japan-Linked Tanker Carrying Saudi Oil Passes Strait of Hormuz
Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, crossed the Strait of Hormuz, LSEG shipping data showed on Tuesday, becoming the first Japan-linked crude tanker to do so since the Iran war began.Before the U.S.-Iran conflict broke out on February 28 and disrupted Middle East crude oil and liquefied natural gas supplies, Japan relied on the region for 95% of its oil imports, much of it coming via the Strait of Hormuz.The move comes as Japan's recent diplomatic efforts to safeguard energy supplies were disrupted by the war.Earlier in AprilâŠ
Tanker Carrying Saudi Oil Crosses Strait of Hormuz
Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, crossed the Strait of Hormuz, LSEG shipping data showed on Tuesday, becoming the first Japan-linked crude tanker to do so since the Iran war began.Before the U.S.-Iran conflict broke out on February 28 and disrupted Middle East crude oil and liquefied natural gas supplies, Japan relied on the region for 95% of its oil imports, much of it coming via the Strait of Hormuz.The move comes as Japan's recent diplomatic efforts to safeguard energy supplies were disrupted by the war.Earlier in AprilâŠ
Russian Superyacht Crosses Strait of Hormuz
A superyacht owned by Russian billionaire Alexey Mordashov was able to transit the blockaded Strait of Hormuz after undergoing maintenance in Dubai because neither Iran nor the United States objected, a source close to Mordashov said on Tuesday.It has been unclear how the multi-deck pleasure vessel, worth over $500 million, gained permission to sail on Saturday through the commercially important waterway at the heart of the U.S.-Iran conflict, where traffic has been severely restricted since February.Sailing under a Russian flagâŠ
ADNOC LNG Tanker Crosses Strait of Hormuz
An LNG tanker managed by UAE's ADNOC has crossed the Strait of Hormuz and appears to be near India, ship-tracking data showed on Monday.If confirmed, this will be the first loaded LNG tanker to cross the strait since the Iran war started on February 28. Adnoc did not immediately respond to a Reuters request for comment.The 136,357-cubic-meter tanker, which is managed by Adnoc Logistics & Services and was last seen in the Gulf on March 30, has shown up off the west coast of IndiaâŠ
Six Iran Oil Tankers Sent Back by US Blockade
Six tankers loaded with Iranian oil have been forced back to Iran by the U.S. blockade in recent days, ship-tracking data shows, underscoring the impact the Iran war is having on traffic through the Strait of Hormuz, a major global oil export route.Between 125 and 140 ships usually crossed in and out of the strait daily before the U.S.-Israeli war on Iran began on February 28, but only seven have done so in the past day, according to Kpler ship-tracking data and satellite analysis from SynMaxâŠ
IMO: No Safe Passage Through Strait of Hormuz
IMO Secretary-General Arsenio Dominguez has called on all member states to support efforts to address the situation in the Strait of Hormuz, where around 20,000 seafarers remain trapped and unable to leave.In an informal briefing to member states and industry representatives,âŻDominguezâŻconfirmed thatâŻseveralâŻvessels had been seizedâŻand detainedâŻin the regionâŻover the past few days. He urged maximum caution,âŻconsideringâŻpotentialâŻmines present throughout the Strait and threat ofâŻfurther attacksâŻon ships. âMy call is to release the seafarers because they are not at fault,â he said.
US Intercepts Sanctioned Tanker in Arabian Sea
U.S. Central Command said it intercepted a merchant vessel trying to get through the blockade of Iran on Saturday.The ship, identified as the Sevan, was part of a 19-vessel "shadow fleet" transporting Iranian oil and gas products to foreign markets, the U.S. military said.Central Command said it was intercepted in the Arabian Sea by a U.S. Navy helicopter from the guided-missile destroyer USS Pinckney and was "currently complying with U.S. military direction to turn back to Iran under escort."The âshadow fleetâ vessels have been sanctioned by the U.S.
BIMCO Warns of Hormuz Toll Scam
BIMCOâs Jakob Larsen, Chief Safety & Security Officer, warns of a potential scam from parties claiming to be Iranian authorities and demanding toll:âBIMCO has received reports of an email scam, but we are still awaiting confirmation that this was in fact a scam. The fact that ships were attacked following apparent Iranian approval to transit underscores the complexity and volatility of the current security situation.âIran is blockading the Strait of Hormuz against what they perceive as hostile ships.
Iranian Swarms of Fast Boats Used to Seize Container Ships Add to Shipping Threats
Iran's use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its naval threat and reveals the challenges facing reopening one of the world's most important oil export routes.U.S. President Donald Trump on Monday acknowledged that while Iranâs conventional navy had been largely destroyed, its "fast-attack ships" had not been considered much of a threat.He said any such vessels coming near a U.S.
Brent Crude Prices Rise as Trump Threatens to Attack Mine-Laying Ships in Hormuz
Brent crude futures climbed more than $1 a barrel on Thursday following U.S. President Donald Trump's threat to attack ships laying mines in the Strait of Hormuz, casting doubt on the survival of a ceasefire in the war with Iran.Brent crude futures were up $1.26, or 1.24%, to $103.17 a barrel at 9:19 a.m. CDT (1419 GMT) after settling above $100 for the first time in more than two weeks on Wednesday. West Texas Intermediate futures were up 72 cents, or 0.77%, at $93.68.Iran flaunted its tightened grip over the Strait of Hormuz with video of its commandos storming a huge cargo shipâŠ
Ships Seized by Iran Taken to Port
Two container ships seized by Iran near the Strait of Hormuz with about 40 crew aboard have been taken toward the port of Bandar Abbas, sources said on Thursday, Tehran having vowed to retaliate after U.S. forces seized an Iranian vessel three days earlier.Iranâs Islamic Revolutionary Guard Corps seized the ships on Wednesday, one operated by MSC, the world's biggest container shipping group, and according to three sources, the other chartered by the firm."Some 20 Iranians armed to the teeth stormed the ship.