Shipping industry on high alert as Middle East tensions escalate

The global shipping industry has moved swiftly to shield fleets and crews as tensions between the United States, Israel and Iran spill into key maritime corridors, prompting warnings from governments, international bodies and major operators over rising risks in the Strait of Hormuz and beyond.

In Cyprus, the Deputy Ministry of Shipping over the weekend urged owners and operators of Cyprus-flagged vessels to avoid calls and commercial transactions in ports or countries where political instability...