Houthis’ Ship Seizure Is A Threat To International Trade
Unless Iran reins in its proxy force, the US and its allies may have to turn to the playbook that defeated piracy off East Africa a decade ago. By James Stavridis (Bloomberg...
By Sotiris Nikas (Bloomberg) Iran is releasing the crews of two Greek tankers it seized in May, a Greek merchant marine group said Sunday.
Iran agreed to the replacement during a recent visit by a Greek delegation, the Greek Union of Merchant Marine Sailors said on its website. The stranded crew members “will immediately return to their countries of origin” starting as soon as Monday, according to the group.
Greek authorities in coordination with US counterparts stopped an Iranian tanker, the Lana, and confiscated its cargo on May 25. Iran retaliated by seizing two Greek tankers in Persian Gulf waters and diverting the ships, each loaded with about 1 million barrels of oil, into Iranian territorial waters on May 27.
Related Book: A Captain’s Duty: Somali Pirates, Navy SEALs, and Dangerous Days at Sea by Captain Richard Phillips
A Greek court overturned the Lana’s confiscation in June and Greece’s Supreme Court sustained the verdict. The oil seized by Greek authorities was returned to the Lana in late August.
Read more: Iranian Tanker Reloads Oil Confiscated in Greece, Embassy Says
Read more: Iranian Tanker Reloads Oil Confiscated in Greece, Embassy Says
© 2022 Bloomberg L.P.
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