Iran's Tanker Seizures Continue to Rattle Global Shipping Industry.

Greece warned shipowners to avoid sailing close to Iranian waters due to recent Iranian threats of possible retaliation against Greek shipping. The warning was issued days before Iran seized two tankers in the Gulf of Oman. Greece is home to many of the world's leading ship owners, managers, and the broader maritime services industry. The number of tankers that left Gulf countries near to Iran reached 107 vessels and an additional 36 LNG carriers in the April 19-26 period versus 60 tankers and 26 carriers in the April 27-May 3 period.