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Global Gateways: Page 13
Hormuz Gauntlet Runner Says Trump Has Been Good for Shipping
The company has managed to send at least eight oil tankers through Hormuz during the war, far more than any other independent owner.
IRGC Attacks MSC Containership in Gulf
The Islamic Revolutionary Guards Corps claimed responsibility for the attack, saying it acted in response to U.S. strikes on an Iranian vessel.
Japan’s Takaichi Urges Passage of Vessels in Call With Iran
Japanese shipowners are typically conservative, and few Japan-linked vessels have passed through the Strait of Hormuz since Tehran effectively closed off the waterway.
Strait of Hormuz Ship Transits Are Rising Thanks to U.S. Help
Some of the ships that have crossed belong to companies that hadn’t transited Hormuz since the war began.
$200M Venture Fund to Target U.S. Supply Chain Efficiency
The fund will also seek to stimulate a revival in U.S. shipbuilding and other maritime operations.
U.S. Denies Iran Report on Draft Peace Deal to Reopen Hormuz
Both Iran and the U.S. have said their talks, via mediators such as Pakistan and Qatar, are making progress.
Swiss Trader Had Lucrative Role Getting Iraqi Oil Through Hormuz
The outsized profits on offer for getting cargo out are drawing wide-ranging interest — from established players in the oil market to relative newcomers.
Japan to Receive First Oil Tanker to Exit Hormuz Since War Began
The Idemitsu Maru, a very large crude carrier that passed through the waterway in late April, could dock as soon as May 25.
Iran in Talks With Oman Over Permanent Toll System for Hormuz
Tehran has signaled it will keep control over Hormuz even after the war, to deter future attacks from the U.S. and Israel.
India Prepares to Send Oil Tankers Through Hormuz for New Supply
State-owned Shipping Corp. of India is ready to go back to the Persian Gulf once it has approval from the Indian Navy.
UN Cuts Global GDP Growth Forecast
UN Department of Economic and Social Affairs Director Shantanu Mukherjee said that this would represent one of the weakest growth rates so far this century.
U.S., Iran Stall on Hormuz Reopening as Oil Supplies Tighten
Iran has shown little interest in loosening its hold on the waterway, insisting it wants to maintain a degree of control even after the end of the war.
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