Shipping
Maersk unit's US-flagged ship transits Hormuz accompanied by US military
Maersk announced that the Alliance Fairfax, a U.S.-flagged vehicle carrier operated by its Farrell Lines subsidiary, exited the Gulf via the Strait of Hormuz accompanied by U.S. military assets on Monday. The vessel is part of the U.S. Maritime Security Program and was among hundreds of ships stranded following the virtual closure of the strait in early March. U.S. Central Command confirmed that American forces are actively assisting efforts to restore commercial shipping through this vital maritime chokepoint, where some 20% of the world's oil previously passed.