Singapore-flagged container ship sinks in Strait of Hormuz

· Shipping · Singapore

A container ship hit by a projectile sank in the Strait of Hormuz, Singapore's maritime authorities said. All 21 sailors on the Singapore-flagged GFS Pride were evacuated safely after it was hit on Tuesday. The sinking is part of a surge in attacks on commercial shipping in the strait, the sharpest rise since the start of the US-Israel war with Iran, threatening global oil and goods flows.

Why it matters:The sinking underscores how attacks in Hormuz are raising costs and risks for global shipping and energy supplies.

Key points

  • The Singapore-flagged GFS Pride sank after being hit on Tuesday.
  • All 21 crew were evacuated safely.
  • Attacks in the strait are at their highest since the Iran war began.

Sources (original reporting)

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