Hormuz Strait Controlled: 12 Daily Transits, 50+ Ships Stranded
Iran limits Strait of Hormuz to 12 daily transits, stranding 50+ container ships. Crude exports stable at 160M barrels, 90% to China. Oman becomes key hub.
South Korean Shipbuilding Order Book Stable as War Speeds Contracts
South Korean shipbuilders maintain stable order books and accelerate contracts despite a month-long war, driven by demand for LNG carriers and green technology investments.
Interyards appointed exclusive rep for TNG shipyard in Veracruz
Interyards becomes sole agent for Hutchison Ports TNG shipyard in Veracruz, centralising naval repair services in the Gulf of Mexico to enhance operational efficiency.