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Reopening strait of Hormuz would have limited impact on cargo flows, says Maersk
HABER
07.05.2026

Reopening strait of Hormuz would have limited impact on cargo flows, says Maersk

CEO of Danish shipping group says increased costs due to higher fuel bills passed on to customersBusiness live – latest updatesThe boss of the shipping company Maersk has said the reopening of the strait of Hormuz would have a “limited impact” on cargo flows, as the industry grapples with a sharp rise in energy costs.Vincent Clerc, chief executive of the Danish shipping group, said its fuel bill had nearly doubled since the start of the conflict, adding as much as $500m (£367m) in costs per month, but it had passed this on to its customers through higher freight rates. Continue reading...

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Guardian Business
Seoul says ‘explosion and fire’ on South Korean ship in Hormuz strait
HABER
04.05.2026

Seoul says ‘explosion and fire’ on South Korean ship in Hormuz strait

Seoul said on Monday that an “explosion and fire” had struck a South Korean ship in the Strait of Hormuz, the crucial Middle Eastern waterway effectively blocked following US-Israeli attacks on Iran. The foreign ministry said that, at around 8.40pm in Seoul, “an explosion and fire occurred on a vessel operated by a South Korean shipping company … anchored in waters near the United Arab Emirates inside the Strait of Hormuz”. There had been “no casualties to date” among the 24 crew members on...

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SCMP Economy
MSC Launches Europe-Red Sea-Middle East Express Service Amid US-Iran Tensions
Gelişiyor
Business·04.05.2026AI özeti

MSC Launches Europe-Red Sea-Middle East Express Service Amid US-Iran Tensions

MSC announces a new Europe-Red Sea-Middle East express service linking European ports to Saudi Arabia's King Abdullah Port and Jeddah via the Suez Canal, bypassing the Strait of Hormuz disrupted by US-Iran conflict. The first vessel departs Antwerp on May 10, offering multimodal alternatives as companies respond to mounting Middle Eastern trade route disruption.

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Euronews News
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