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Iran’s seizure of the 15,000 teu MSC Aries over the weekend is a cause for grave concern for pretty much anyone involved in global supply chains.

Footage of Houthi rebels storming a car-carrier in the Red Sea is one thing, it is quite another to witness Iranian national forces seizing an MSC-chartered vessel in the Straits of Hormuz on the basis of its links to Israel – the vessel’s owner is Zodiac Maritime, which although UK-based is controlled by Israel’s Ofer ...

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