Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD Bank of England Statistics AD Investing.com Markets AD LSEG Data AD CME Group Education
FCA & Rules

‘Like being in prison’: the ship crews stuck in Gulf since February

Trade Hub UK regulation desk (2026-08-09): The panicked crew of a cargo ship broadcast a distress signal late on Monday night from their location in the strait of Hormuz . About 20 nautical miles north… Primary source: original at The Guardian (theguardian.com).

‘Like being in prison’: the ship crews stuck in Gulf since February

The panicked crew of a cargo ship broadcast a distress signal late on Monday night from their location in the strait of Hormuz. About 20 nautical miles north of the coast of Oman, the Minoan Pioneer bulk carrier was hit by an unknown projectile, causing a blackout in the engine room and a fire in the accommodation area.

The crew scrambled to put out the blaze and called for help from nearby vessels. When they managed to disembark from the Greek-owned, Liberian-flagged ship on Tuesday morning, they realised the third engineer was missing. Days later, he is yet to be found.

Continue reading...