At least 15 vessels struck in waterway in past 10 days, with rumours that they were carrying valuable goods
People have been scouring the strait of Hormuz for spilt cargo after Iran attacked at least 15 container ships passing through the crucial waterway in the past 10 days.
Some ships have been hit by drones, others by mines. On Sunday, a ship was struck by a rocket-propelled grenade launched from a small boat 75 miles (120km) north-east of the Saudi port of Jubail.
Continue reading...Nato source says drones came from Russia, while Romania’s president says attacking commercial ships ‘is unacceptable and has to stop’
Seven sailors are missing after drones struck two tankers near Romania’s Black Sea coast, setting them ablaze and raising fresh security concerns on a vital shipping route used by Ukraine.
A Nato military source told Reuters the drones that had hit the Wine Trader and the Yara J came from Russia. “The drones that caused the fires on board two tankers inside Romanian territorial waters were of Russian origin,” the source said.
Continue reading...Russian officials said a Liberian-flagged tanker was attacked and a crew of 23 Indian nationals rescued
An oil tanker off Russia’s Black Sea coast was struck by a naval drone, triggering a huge fire and black smoke cloud that blanketed parts of the resort city of Sochi, Russia’s transport ministry has said.
The transport ministry said a Liberian-flagged tanker had been attacked and that “crude oil is burning openly in the waters of the Black Sea”.
Continue reading...Russian officials said a Liberian-flagged tanker was attacked and a crew of 23 Indian nationals rescued
An oil tanker off Russia’s Black Sea coast was struck by a naval drone, triggering a huge fire and black smoke cloud that blanketed parts of the resort city of Sochi, Russia’s transport ministry has said.
The transport ministry said a Liberian-flagged tanker had been attacked and that “crude oil is burning openly in the waters of the Black Sea”.
Continue reading...Alternative ways being used to move fuel out of Gulf region, but flows of refined products such as diesel still constrained
Exports of crude from the strait of Hormuz have largely returned to levels seen before the outbreak of the Iran war, as oil producers and the shipping industry have found alternative ways of transporting crucial fuel out of the Middle East.
Pipeline exports and ship-to-ship transfers are among the methods being used, according to analysts tracking the situation, while the US military continues to escort some vessels. However, flows of refined products such as diesel remain constrained, pushing prices higher.
Continue reading...Iran’s seven-day timetable would restart nuclear talks, but will the US be willing to deliver on terms that include reining in Israel in Lebanon?
Iran’s seven-day timetable to reopen the strait of Hormuz and start talks on its nuclear programme has been pitched as a deal that could rapidly extricate Donald Trump from a political crisis but requires the US president to make difficult concessions.
In the five days left before the proposed reopening of the strait, which is expected to relieve pressure on global energy markets, Trump would need to lift Iranian asset freezes, permit Iran to export its oil and, probably most difficult of all, order Benjamin Netanyahu to end Israel’s attacks on Hezbollah in Lebanon, thus achieving the “ceasefire on all fronts”.
Continue reading...Estimated 100,000 Yemenis displaced amid renewed fighting as Qatar sounds alarm over Bab al-Mandab strait
Saudi cities faced the threat of a second day of Houthi attacks as fighting across Yemen led the UN to warn of a humanitarian crisis with 100,000 Yemenis already displaced.
As oil prices remained well over $100 (£74) a barrel, Qatar warned of a catastrophe if the Iran-backed Houthi militants won full control of the Bab al-Mandab strait, the narrow waterway at the bottom of the Red Sea dominating the key naval route to Asia. The strait has become vital to Saudi crude oil exports as the wider Middle East war chokes the strait of Hormuz in the Gulf.
Continue reading...Estimated 100,000 Yemenis displaced amid renewed fighting as Qatar sounds alarm over Bab al-Mandab strait
Saudi cities faced the threat of a second day of Houthi attacks as fighting across Yemen led the UN to warn of a humanitarian crisis with 100,000 Yemenis already displaced.
As oil prices remained well over $100 (£74) a barrel, Qatar warned of a catastrophe if the Iran-backed Houthi militants won full control of the Bab al-Mandab strait, the narrow waterway at the bottom of the Red Sea dominating the key naval route to Asia. The strait has become vital to Saudi crude oil exports as the wider Middle East war chokes the strait of Hormuz in the Gulf.
Continue reading...Estimated 100,000 Yemenis displaced amid renewed fighting as Qatar sounds alarm over Bab al-Mandab strait
Saudi cities faced the threat of a second day of Houthi attacks as fighting across Yemen led the UN to warn of a humanitarian crisis with 100,000 Yemenis already displaced.
As oil prices remained well over $100 (£74) a barrel, Qatar warned of a catastrophe if the Iran-backed Houthi militants won full control of the Bab al-Mandab strait, the narrow waterway at the bottom of the Red Sea dominating the key naval route to Asia. The strait has become vital to Saudi crude oil exports as the wider Middle East war chokes the strait of Hormuz in the Gulf.
Continue reading...Russian and Ukrainian strikes in July killed more crew than in whole war to that month, preventing grain exports
A summer of hostilities in the Black Sea proved deadly for seafarers, as Russia and Ukraine attacked each other’s ships and port infrastructure, preventing vital grain exports and prompting concerns that the conflict will push global food prices even higher.
More crew were killed in the Black Sea in July than during the entirety of the war before that month as the conflict has intensified, making the body of water the most dangerous in the world for commercial shipping. This is despite the conflict between the US and Iran, with vessels still being targeted in the strait of Hormuz, Red Sea and Gulf of Aden.
Continue reading...Five months of U-turns and false boasts leave Donald Trump in worse position than when he started
Donald Trump has taken the war with Iran into a new, murkier phase as the two sides move further and further from the vague memorandum of understanding (MoU) signed on 17 June.
And as during the opening phase of the conflict, the US leader’s objectives and methods are clouded in confusion, daily U-turns and boasts that within hours are revealed to be false.
Continue reading...Plans specify tolls must not be compulsory, as US officials urge Iran to make public statement that strait is open and that shipping can safely pass
Europe is studying proposals that may allow the charging of navigational fees in the strait of Hormuz so long as the tolls are not compulsory and have the support of the UN agency that regulates maritime transport.
Britain’s deputy prime minister, David Lammy, said the imposition of compulsory tolls would be disastrous. But some of his cabinet colleagues said they recognised that systems of payments for specific navigational services were permissible in many natural waterways, including the strait of Malacca and the Channel.
Continue reading...International Maritime Organization says safety guarantees must be confirmed before ships can move again
A United Nations agency has paused the evacuation of ships through the strait of Hormuz after the British military said a vessel was hit by a projectile off the coast of Oman following the passage of several tankers that used a route backed by the UN.
The head of the UN’s International Maritime Organization said on Thursday that the plan to move stranded ships out of the Persian Gulf through the strait would be on hold until the agency could confirm safety guarantees for the ships on the evacuation list and in the region.
Continue reading...Tanker owner trade body says centre of strait will stay shut for ‘some time’, and vessels forced to hug Omani coast risk running aground
The centre of the strait of Hormuz is blocked with about 80 mines that will need clearing for normal shipping to resume, the independent tanker owner trade body has said.
Several vessels began to exit the Gulf through the key maritime chokepoint on Thursday after the signing of a memorandum of understanding (MoU) between the US and Iran.
Continue reading...President Macron says ship subject to sanctions and posts video of operation that took place with UK support
A suspected Russian oil tanker has been detained in the Atlantic, France has announced, in the latest seizure aimed at combatting Moscow’s “shadow fleet” of vessels contravening international sanctions.
The Tagor was detained on Sunday morning in international waters more than 400 nautical miles (740km) west of Brittany with the help of the UK and other partners, said the French president, Emmanuel Macron.
Continue reading...Port has upgraded offshore wind facilities and is to expand quays, ferry terminals and cruise ship services
The operator of Belfast harbour plans to spend £1.3bn over the next 25 years to take advantage of strong economic growth in Northern Ireland, in what would be one of the largest non-governmental investments in the region’s history.
The Belfast Harbour Commissioners said the money would be spent on upgrading the port, with the possibility of residential property developments that could add another £750m in investment on top.
Continue reading...Muscat silent about plans – opposed by US – to charge fee and demand details on nationality of all transiting ships
Oman has been caught in geopolitical crossfire after Iran said it was coordinating with the Gulf state over the future management of the strait of Hormuz, including Tehran’s plans to impose fees on commercial shipping.
The Omani exclave of Musandam lies to the south of the contested waterway, which normally carries a fifth of the world’s seaborne oil traffic but has been blockaded for 10 weeks since the US-Israeli attack on Iran in February.
Continue reading...President says US navy will ‘guide’ stranded ships out of waterway but report says warship was hit by Iran
The world’s shipping industry has questioned whether vessels will be able to travel safely to and from the Gulf after Donald Trump announced his latest plan to open the strait of Hormuz.
Trump wrote on Monday that the US navy would “guide” stranded ships out of the waterway, writing on his social media site Truth Social that the operation, “Project Freedom”, would be a humanitarian gesture “on behalf of the United States, Middle Eastern Countries but, in particular, the Country of Iran”.
Continue reading...Trump says cargo ship tried to get past US naval blockade near strait of Hormuz ‘and it did not go well for them’
The US military took custody of an Iranian-flagged container ship that attempted to get past an American blockade near the strait of Hormuz, Donald Trump announced on Sunday.
In a social media post, Trump said that an “Iranian-flagged cargo ship named TOUSKA” tried to get past the US naval blockade, “and it did not go well for them”.
Continue reading...Oil prices and borrowing costs are expected to rise this week as tankers remain stranded in the Gulf
The failure of the US and Iran to reach a peace deal after marathon negotiations has put markets on alert for further oil and gas price rises.
With large numbers of oil tankers remaining stuck in the Gulf, the US vice-president, JD Vance, blamed the collapse of the talks on Tehran’s refusal to abandon its nuclear weapons programme, while Iranian sources hit back at “excessive” demands from Washington.
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