Muscat silent about plans – opposed by US – to charge fee and demand details on nationality of all transiting ships

Oman has been caught in geopolitical crossfire after Iran said it was coordinating with the Gulf state over the future management of the strait of Hormuz, including Tehran’s plans to impose fees on commercial shipping.

The Omani exclave of Musandam lies to the south of the contested waterway, which normally carries a fifth of the world’s seaborne oil traffic but has been blockaded for 10 weeks since the US-Israeli attack on Iran in February.

CEO of Danish shipping group says increased costs due to higher fuel bills passed on to customers

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The 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, the 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.

President says US navy will ‘guide’ stranded ships out of waterway but report says warship was hit by Iran

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The world’s shipping industry has questioned whether vessels will be able to travel safely to and from the Gulf after Donald Trump announced his latest plan to open the strait of Hormuz.

Trump wrote on Monday that the US navy would “guide” stranded ships out of the waterway, writing on his social media site Truth Social that the operation, “Project Freedom”, would be a humanitarian gesture “on behalf of the United States, Middle Eastern Countries but, in particular, the Country of Iran”.

Pirates appear to be taking advantage of international naval strength being diverted to Middle East

Three vessels have been hijacked off the coast of Somalia in the past week, raising fears of a resurgence in piracy around the Horn of Africa, and adding to the woes of the global shipping industry.

The merchant vessel Sward was taken over on 26 April, a day after a dhow was seized. These followed the 21 April hijacking of Honour 25, a motor tanker carrying 18,000 barrels of oil, according to the Maritime Security Centre Indian Ocean (MSCIO), the tracking service of the EU’s naval force.