merdfitrrraneran-shipping-co

Iran Seizes MSC Ships in Strait of Hormuz, Xeneta

Iran’s Islamic Revolutionary Guard Corps has seized two container ships operated by MSC Mediterranean Shipping Co. in the Strait of Hormuz, hours after the U.S. and Iran announced an extension of their ceasefire, according to an April 22 market update issued by Xeneta. The vessels, the MSC Francesca and MSC Epaminondas, were detained while transiting eastbound through the strait, a critical shipping corridor linking the Persian Gulf with global trade routes. Peter ... [+]