Keywords: International shipping
A proposed framework to regulate commercial shipping through the Strait of Hormuz is facing significant challenges as international sanctions, insurance restrictions, and financial regulations complicate efforts to implement new maritime arrangements. Industry sources say discussions involving Iran......
US President Donald Trump said Washington could use Iranian assets currently frozen under US control to compensate commercial vessels that suffered damage in the Strait of Hormuz, describing the proposal as a fair response to the losses incurred. Speaking to reporters aboard Air Force One on Monday,......
The United Nations has raised urgent alarms regarding the worsening plight of thousands of civilian crew members stranded in the volatile Strait of Hormuz. With thousands of mariners still trapped aboard hundreds of commercial vessels in this critical maritime corridor, international bodies are pressing......
U.S. President Donald Trump has issued a strong warning to Iran and Yemen's Houthi movement, threatening significant military retaliation following attacks on oil tankers in the Red Sea involving missiles and drones. In a statement published on his Truth Social platform, Trump said Washington would......
Iran has submitted a draft proposal that would introduce environmental service fees for commercial vessels passing through the Strait of Hormuz, one of the world's most strategically important maritime routes for global energy supplies and international trade. According to Iranian officials, the......
U.S. President Donald Trump has claimed that all commercial shipping would be allowed to transit the Strait of Hormuz except vessels linked to Iran, as tensions in the Gulf continue to draw international attention. In a post on his social media platform, Truth Social, Trump stated that the strategic......
The U.S. military has reaffirmed that the Strait of Hormuz remains open to international maritime traffic, emphasizing that commercial vessels can continue to navigate the strategic waterway despite heightened tensions between Washington and Tehran. In a statement released by U.S. Central Command (CENTCOM),......
Ten Indian sailors detained in Iran since mid-2025 have been released following what authorities described as sustained diplomatic efforts, according to maritime officials in India. The sailors were part of the crew aboard the vessel MV Harbour Phoenix, which was intercepted near the port of Jask in......
A vessel operating near the coast of the United Arab Emirates was reportedly seized by unidentified individuals close to the strategically important Strait of Hormuz, according to British maritime security authorities. The United Kingdom Maritime Trade Operations (UKMTO) stated that the ship was boarded......
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