The Belize-flagged, Chinese-owned Tankship, ECHO STAR, was seized at the request of the Blue Fleet Group following a court decision by the High Court of Singapore.Learn More Nov 20 2019
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A North Korean vessel attacked a Russian Border Patrol ship operating in the Sea of Japan, wounding three Russian crewmembers in the process.Learn More Sep 18 2019
Iran seized a vessel transiting through the Strait of Hormuz on Saturday the 7th of September, over its alleged involvement in oil-trafficking.Learn More Sep 10 2019
The Chinese-owned, Panama-flagged Bulk Carrier, Fortune Genius has been detained by the Australian Maritime Safety Authority (AMSA) in the port of Gladstone, after its crew members reported that they have been underpaid over the last six months.Learn More Sep 06 2019
According to the owners of the Iranian-seized, British-flagged Oil Tanker, Stena Impero, Iran is planning to release seven of the 23 crew members onboard the tanker.Learn More Sep 05 2019
On May the 12th four shipping vessels were attacked in Fujairah anchorage. The hard-earned, relative peace and stability that had temporarily settled into the region over the last few years was being threatened. This could have been a one-time incident, but the threat was far from over.Learn More Jul 29 2019
The owners of the Stena Impero, the UK-flagged Oil Tanker that was seized by Iran in the Strait of Hormuz on June the 19th, have denied allegations of a collision involving their vessel.Learn More Jul 24 2019
North Korea has seized the Russian-flagged fishing vessel, XIANG HAI LIN 8 during the early morning hours of July the 17th, as the vessel was transiting through the Sea of Japan.Learn More Jul 24 2019
In what constitutes a dramatic escalation of tensions between Iran & the West, the Iranian Revolutionary Guard seized two British Oil Tankers during the evening hours of Friday the 19th of July.Learn More Jul 20 2019
Eastern Pacific Shipping issued a statement on the 6th of February, announcing the release of their Aframax-class crude oil tanker, Barents Sea.Learn More Feb 07 2019
I. Vlad Sutea
As the only sea passage from the Persian Gulf to the open sea, the Strait of Hormuz is the world’s most important hydrocarbon chokepoint, accounting for almost 40 percent of global energy transport. While Iran has repeatedly threatened to close the Strait of Hormuz in the past, recent attacks in the adjacent waters have heightened fears of an Iranian blockade. Although the likelihood of armed conflict in the region remains low, the possible impact of hostilities is far too serious to ignore.
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