MSC Aries’ crew reported safe after seizure by Iran
Shipping company MSC announced that the 25 crew members of the MSC Aries, seized by Iran on April 13, are confirmed to be safe, Reuters reports.
Read moreShipping company MSC announced that the 25 crew members of the MSC Aries, seized by Iran on April 13, are confirmed to be safe, Reuters reports.
Read moreThe container ship MSC Aries was seized by Iran in the Strait of Hormuz on April 13 for "violating maritime laws," according to Iran's foreign ministry, Reuters reports.
Read moreThe seizure of container ship MSC Aries by Iranian Revolutionary Guards in the Strait of Hormuz, on April 13, poses a major issue for the maritime industry, as it threatens to further jeopardize trade lanes in the Middle East.
Read moreIran has the capability to close the vital Strait of Hormuz but currently has no intention to do so, according to Alireza Tangsiri, the commander of Iran's Islamic Revolution Guards Corps (IRGC) naval forces.
Read moreIran has announced its intention to release the 17 crew members who were on board a ship seized in January. This release is contingent on the condition that the Philippine Government sends replacement crew members for those being released.
Read moreOne of the eighteen Filipino crew members aboard the oil tanker ST Nikolas, which was seized by Iranian authorities in January, has been released, according to the Department of Foreign Affairs (DFA) of the Philippines.
Read moreCompanies engaged in trading commodities like iron ore and grain are resorting to legal threats and contract modifications to influence shipowners to opt for the Suez Canal route, despite its increased danger, in exchange for cost savings and quicker transit times.
Read moreEmpire Navigation Inc., managers of M/T St. Nikolas, reports with great pleasure the safe release of the youngest crew member onboard its seized vessel.
Read moreIndia is engaging in diplomatic talks with Iran and implementing measures to protect its exporters from the impact of attacks on ships in the Red Sea by the Iran-aligned Houthi group in Yemen, Reuters reports.
Read moreAccording to IEA, rising geopolitical tensions in the Middle East, which accounts for one-third of the world’s seaborne oil trade, has markets on edge at the start of 2024.
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