Category: Ships and Shipping

Ships Pull Back Amid Heightened Risk From Iran-U.S. Strikes

The New York Times – Business:
Four days of attacks by both countries forced a sharp decline in the number of vessels navigating through the Strait of Hormuz.
China Emerges as a Relative Winner From Strait of Hormuz Crisis

The New York Times – Business:
A report examines how the war in Iran has weighed on Asian economies, but left China in a more advantageous position.
Renewed Strikes Threaten Setback to Shipping Recovery in Persian Gulf

The New York Times – Business:
The attacks came after traffic through the Strait of Hormuz had reached the highest levels since the start of the U.S. war in Iran.
Oil Prices Return to Prewar Levels After Four Months

The New York Times – Business:
The cost of crude has become a real-time barometer of the Iran war’s toll on the global economy.
How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock

The New York Times – Business:
For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.
Iran Strikes Ship in Strait of Hormuz, Undermining Efforts to Restore Traffic

The New York Times – Business:
The attack, confirmed by U.S. and Iranian officials, came after Tehran threatened to disrupt shipping in the waterway and as Washington sought regional support for its peace agreement.
Movement Through Strait of Hormuz Is Halted After Attack on Cargo Ship

The New York Times – Business:
The strike on a vessel near the coast of Oman prompted a U.N. agency to pause an evacuation of ships from the Persian Gulf.
Lesson Learned From Iran War: Reduce Reliance on Strait of Hormuz

The New York Times – Business:
Increased stockpiles, more pipelines and other tactics could loosen the waterway’s stranglehold on the global economy.
Iranian Oil Is Moving Again, but Getting Through the Strait Is Complicated

The New York Times – Business:
With the central route of the Strait of Hormuz laden with mines, ships are taking the northern route in Iranian waters or the southern path in Omani waters. Both have risks.
U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf

The New York Times – Business:
U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.
Mines, Logistics and Deep Uncertainty Threaten a Middle East Oil Rebound

The New York Times – Business:
More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up plans for alternative routes.
After Deal to Reopen Strait of Hormuz, Ships Begin to Move Cautiously

The New York Times – Business:
Shipping companies hoping to get their stranded vessels out face complications like mines and the lack of clear coordination.