Tag: Persian Gulf
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UK Military to Escort All British-Flagged Vessels Through Strait of Hormuz
July 25: The U.K. has announced that the Royal Navy will begin escorting all British-flagged sea traffic through the Strait of Hormuz. The announcement comes amid rising tensions between the […]
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UAE-Based Oil Tanker Disappears in Iranian Waters in the Strait of Hormuz
July 16: An oil tanker based in the United Arab Emirates is missing after it stopped in Iranian waters three days ago [July 13] and switched off its transponder, raising […]
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FREE CSOA REPORT: Iran Seizes British Tanker
July 19: On July 19, the Iranian Revolutionary Guard Corps Navy (IRGC(N)) intercepted two vessels in the Strait of Hormuz –UK flagged oil/chemical tanker STENA IMPERIO and UK owned crude […]
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Iranian Boats Attempt to Intercept British Tanker; UK Orders Heightened Security for All British Ships in Strait of Hormuz and Deploys Second Destroyer to Region
July 11: On Wednesday, July 10 Iranian boats tried to impede a British oil tanker near the Gulf – before being driven off by a Royal Navy ship, the Ministry […]
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Oil Tankers Avoiding Middle East Refuelling Hub After Attacks; Some May Turn to Singapore
July 08: Oil tanker owners are avoiding sending their ships to the Middle East’s main refuelling hub after a spate of attacks on vessels in the past two months ratcheted […]
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Industry Guidance on Safety & Security and the Use of Privately Contracted Armed Security Personnel (PCASP) in Arabian Gulf, Strait of Hormuz and Gulf of Oman
July 08: The Oil Companies International Marine Forum has published a press release regarding Safety & Security and the use of Privately Contracted Armed Security Personnel (PCASP) in Arabian Gulf, […]
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MSC, Maersk, and Hapag-Lloyd Also Implement War Risk Surcharges for Persian Gulf
July 04: MSC Mediterranean Shipping Company has announced it will institute a war risk surcharge for all cargoes moving to and from the Arabian Gulf. The move follows CMA CGM […]
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CMA CGM Introduces War Risk Surcharge in Middle East
July 02: Due to the recent incidents in the Strait of Hormuz and amid significantly increasing insurance costs in the Middle East region, French container transportation and shipping company CMA […]
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U.S. Launches Maritime Security Initiative for Strait of Hormuz
June 24: The United States is launching a new maritime security initiative for the Persian Gulf region to counter the threat of Iranian attacks on shipping, a State Department official […]
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Persian Gulf Oil Shipments Now Cost More Than $500,000 to Insure
June 24: The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum. So-called war risk […]
