Shipping lines are re-evaluating the risk of operations in Persian Gulf waters in the backdrop of Iran-US peace understanding

According to the International Maritime Organisation there have been 46 attacks on in and around Strait of Hormuz since February 28 resulting in fourteen casualties

TOKYO, June 15 : Japanese shippers welcomed on Monday the U.S.-Iran peace agreement which will reopen the Strait of Hormuz but are awaiting more details of the deal and clearance…

Shipowners and traders are cautiously awaiting details on a potential reopening of the Strait of Hormuz, a vital oil and gas route disrupted by conflict. While a US-Iran deal is…

Mine clearance is essential before more than 480 trapped ships can safely leave Gulf