Tag: #shipping

U.S. Treasury Sanctions 17 Vessels, 18 Firms in Crackdown on Iran's 'Shadow Fleet'

Treasury sanctions 17 vessels and 18 companies tied to Iran’s remaining “shadow fleet,” warning foreign banks of secondary sanctions and blocking assets.

#iran, #sanctions, #treasury, #shipping

Grain Ship Sinks in Black Sea Near Romania After Fire; Zelensky Blames Russian Drone Strike

A grain ship sank in the Black Sea near Romania after a fire; two crew died and 11 were rescued. Zelensky blamed a Russian drone strike; Romanian probe ongoing.

#blacksea, #shipping, #ukraine, #romania

Bank of Canada study: Canadian ports' global connectivity fell sharply from 2016 to 2023

Bank of Canada staff research finds a 28% drop in deadweight tonnage through Canadian ports and a marked fall in maritime network connectivity from 2016–2023.

#canada, #shipping, #trade, #bankofcanada, #ports

U.S. Navy Fires on and Seizes Iranian-Flagged Cargo Ship in North Arabian Sea

The U.S. disabled and boarded the Iranian-flagged M/V Touska on April 19 in the north Arabian Sea, a significant escalation in a U.S. blockade of Iranian ports.

#iran, #us-navy, #blockade, #maritime, #shipping

Trump and Iran Offer Conflicting Claims on Strait of Hormuz Reopening, Leaving Shippers Uncertain

Trump and Iran issued overlapping statements on the Strait of Hormuz reopening; a U.S. blockade targeting Iran may still apply, leaving shippers and markets uncertain.

#iran, #straitofhormuz, #oil, #shipping

Maersk Keeps Ships on Longer Detours Despite Two‑Week Ceasefire for Strait of Hormuz

Maersk will keep vessels on longer detours despite a US‑Iran two‑week ceasefire that could allow limited, conditional transit through the Strait of Hormuz.

#maersk, #shipping, #straithormuz, #oil