Strait of Hormuz, Container Ship
Digest more
In a reported bid to bring down freight rates, the Trump administration is considering easing sanctions on ships that move oil products from countries including Russia, Iran and Venezuela.
THIS is the moment US helicopters strike an Iranian spy boat with missiles sparking a huge onboard fireball. The strike came before a cargo ship carrying 2,500 containers hit an Iranian sea mine
The incident prompted unions at the French shipping giant to criticize the company's lack of transparency, while a growing number of captains are refusing to sail through the strait.
South Korean President Lee Jae Myung said on Tuesday his government would strictly comply with international rules and sanctions principles as it develops Arctic shipping routes, seeking to reassure partners over plans to expand use of the route.