A maritime tracking company said the move was likely performative, given the Chinese-owned ship has an “established history within the Iranian trade ecosystem.”
Category: Ships and Shipping
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Attack on French Cargo Ship Highlights Continued Risks in Strait of Hormuz
The New York Times – Business:U.S. Central Command and the ship’s owner disagreed on whether the vessel coordinated safe passage with the United States military.
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Why Is Gas So Much More Expensive in Some States Than Others?
The New York Times – Business:Shipping, taxes, competition and environmental regulations all play a part in the cost of gasoline. That can lead to stark differences in pump prices.
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Maersk Ship Passed Strait of Hormuz Under U.S. Military Protection
The New York Times – Business:A U.S.-flagged ship operated by a Maersk subsidiary exited under American military guidance, part of President Trump’s effort to encourage ships to pass the Strait of Hormuz.
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Confusion in Strait of Hormuz Leaves Shipping Firms Guessing
The New York Times – Business:The United States vowed to help tankers navigate the perilous conditions that have kept them stranded in the Persian Gulf, but it remained unclear if companies would try to get out.
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3 Dead in Hantavirus Outbreak Aboard Cruise Ship, W.H.O. Says
The New York Times – Business:One case of hantavirus infection has been confirmed in a laboratory, the organization said on Sunday. There are five additional suspected cases.
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First Fully Loaded L.N.G. Tanker Since War Began Appears to Have Crossed the Strait
The New York Times – Business:Liquefied natural gas transit has been effectively halted. A ship managed by Abu Dhabi’s state oil company managed to cross, said Kpler, a maritime data firm.
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The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can
The New York Times – Business:Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
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The U.S. Started the War. The Rest of the World Is Feeling the Effects.
The New York Times – Business:In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.
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The Peril of Piloting Ships Through the Strait of Hormuz
The New York Times – Business:Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”
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Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The New York Times – Business:The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.