On April 13, Iran submitted an official document to the Legal Committee of the International Maritime Organization (IMO), systematically detailing for the first time the damage inflicted on its maritime sector by recent conflicts:39 merchant ships were sunk, 110 fishing vessels were damaged, and 20

At nearly 2 p.m. on April 9th, a submarine named "Hong Bum-tu" that was undergoing major repairs suddenly caught fire at the Hyundai Heavy Industries shipyard in Ulsan, South Korea.There were 47 people on board at the time, including shipyard employees and outsourced workers. When the alar

The U.S. and Iran announced a ceasefire, and I had expected the Strait of Hormuz to be “unblocked” immediately. The reality, however, was stark—only 10 ships dared to pass through in two days, and all of them were small vessels or ships linked to Iran. Large oil tankers and major shipping compani

To be honest, when we saw the news that “the Strait of Hormuz has been closed again,” we gasped in shock.Just yesterday (April 8), everyone was still breathing a sigh of relief over the “two-week ceasefire agreement” between the U.S. and Iran—two ships had even successfully passed through the s

Global asset management giant BlackRock has officially become a major shareholder in South Korea’s Samsung Heavy Industries. According to information disclosed by the Financial Supervisory Service of South Korea, BlackRock Advisors recently reported a new holding of 44,056,088 shares, representing