Shipping

Iran seizes third foreign ship in less than a month
Vessel is suspected of smuggling large volume of fuel, ISNA reports
Saudi issues licence to Maersk to operate in all ports
The licence is the fourth of its kind to be issued to foreign investors in Saudi Arabia
Can Iran block the entire Strait of Hormuz?
Refinitiv, a global provider of financial markets data and infrastructure, looks at the implications of an Iranian blockade of the Strait of Hormuz
HMS Duncan arrives in Gulf as British navy begins escorts in Strait of Hormuz
UK Defence Ministry takes action after Iranian soldiers seized a tanker in the Gulf region
Dubai maintains top five shipping hub status
Dubai ranks fifth in International Shipping Centre Development Index for 2nd consecutive year
Iran crisis hits Bahri’s profits in H1 for 2019
Operating income for the first half of 2019 increased by 3% compared to the same period last year, but net profit plunged 27.1%
India ramps up efforts to find sailor missing in Iranian waters
The family of Aayush Chaudhary were told by his company that the sailor "fell off their ship and had been swept away by a wave".
US Central Command chief vows to boost Gulf maritime security
Kenneth McKenzie pledges to work 'aggressively' to ensure maritime safety in strategic Gulf waters
DP World says its ‘business as usual’ amid Iran shipping tensions
Shipping lines and port operators across the UAE have been functioning normal, with no cancellations or major changes in schedules of cargo shipping lines due to escalating US-Iran tension in the region, according to several executives.
Turkish sailors taken hostage by pirates off Nigeria
Ghanian Navy is tracking the ship and attempting to contact the pirates
Traxens closes $22.7-million Series C financing round with key partners
Funding will allow company to finance scale-up of its smart containers and rail freight businesses while extending operations worldwide, with focus on Asia
Comment: the impact of Arabian Gulf vessel attacks on shipping and logistics
Jeb Clulow, partner, Reed Smith, London looks at the impact of the Iran tensions on shipping in the region

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