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Addressing recent risks at Strait of Hormuz

On 20 June 2019 the US pulled back from retaliatory military strikes against Iran, after Iran's targeting of a US drone allegedly operating in Iranian airspace. This came after a series of attacks on vessels in the Gulf of Oman area, most recently on the Front Altair and the Kokuka Courageous. For this reason, Jean Koh, Daniel Martin and Isabel Phillips, HFW, advise brokers to consider their shipowners' and charterers' rights while operating in this tense climate.

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