Shipping

Iran says Oman deal is in 'final stages,' but US must act first to open Strait of Hormuz

A US official said on Friday that an agreement between Iran and Oman was close and could reopen the strait, which carried a fifth of global oil and liquefied natural gas shipments before the war.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, July 26, 2026.
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026.

IRGC says re-opening Hormuz dependent on US talks, as Araghchi signals progress on Hormuz deal

Vessels in the Strait of Hormuz, as seen from Musandam, Oman, August 3, 2026.

Iran war teaches importance of Gulf cooperation with Europe for maritime security, ISPI says

Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026.

Proposed Hormuz passage deal not feasible for shipping industry, sources say


Three sailors dead from US strikes on tanker off Oman, India confirms

The deaths are the first reported since the blockade began on April 13, operations which have seen the US disable eight ships and turn back more than 100 others.

INDIAN VESSEL 'Nanda Devi' carrying liquefied petroleum gas (LPG) arrives at Vadinar Port in the Jamnagar district of Gujarat state on March 17, 2026 after Iran allowed it to pass through the Strait of Hormuz, a key energy corridor that remains disrupted by the Middle East war.

Cargo vessel exchanges fire with armed craft off of Yemen, UKMTO reports

There was an exchange of fire between the small craft and the vessel's armed security team, and the craft then turned away, UKMTO added.

 Ship and tug boats are seen at the Red Sea port of Hodeidah, Yemen February 1, 2017.

Maritime leaders say US-Iran peace deal must provide clear framework for Strait of Hormuz transit

Shipowners and maritime industry officials met at a Capital Link conference and other events ahead of Posidonia, a week-long biennial shipping exhibition, where they commented on the matter.

A drone view shows vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 30, 2026.

Israeli ministries move to block $4.2 billion sale of ZIM over security concerns

The opposition centers on a deal approved by ZIM shareholders at the end of April under which the company would be acquired for $4.2 billion, roughly $1 billion above its current market valuation.

Zim containers are stacked just outside Israel's port of Ashdod February 23, 2012

Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea says

Saeed Koozechi, the Iranian ambassador to South Korea, denied Iran's role in the South Korean vessel attack, saying his country "took no part" in it, local news agency Yonhap News reported.

A CARGO ship carrying containers at Gwangyang Port in Gwangyang on April 7, 2026.

Iran's intensified closure of Strait of Hormuz piles misery on stranded sailors

Sailors interviewed by Reuters in recent weeks have described the hardships and anxieties of their experience, and a federation representing them warns of dire conditions.

Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula on May 17, 2026.

Islamic regime launches Persian Gulf Strait Authority, ships reportedly start paying tolls

Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.

Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026.

Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order

Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, they said separately on Sunday, with both citing a US executive order issued on May 1.

Hapag-Lloyd sign on a container ship at the Valparaiso port, Chile, January 11, 2024.

CS Anthem chemical tanker was second US-flagged vessel to exit Strait of Hormuz

US forces are helping to restore commercial shipping through the strait, using US Navy guided-missile destroyers that are operating in the Gulf under a directive called "Project Freedom."

Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026.

European freight firms benefit from war-driven supply chain disruption

Heightened supply-chain complexity may boost profits for firms like DHL, DSV and Kuehne+Nagel, but analysts warn the energy shock and wider economic fallout could weaken demand later this year.

 DHL delivery trucks parked outside a delivery center on August 26, 2025 in Berlin, Germany