Iranian Authorities Release Maersk Tigris

Tensions in the Strait of Hormuz were raised after the cargo ship was seized

Thirty percent of the world's seaborne oil shipments pass through the Strait of Hormuz in the Middle East. But it's often a flashpoint for both regional and global powers.

DUBAI—Maersk Line said Thursday that the M/V Maersk Tigris, a cargo ship under its charter, had been released more than a week after its seizure by Iranian naval vessels raised tensions in the Strait of Hormuz.

In a statement, the Danish shipping giant said it was “pleased and relieved” to learn that the ship had been freed and that, according to Rickmers Shipmanagement, which managed the vessel, its crew was in good condition.

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