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Iran warns Jangkeum Shipping
Legal action from November 1

Photo: 연합뉴스

In short

Iran has warned Jangkeum Shipping, a South Korean shipping company, of legal measures against its vessels.

The reason is that the company most frequently violated transit regulations in the Strait of Hormuz.

The Korea Shipping Association clarified that the warned vessels are not owned by Jangkeum Shipping but are chartered ships.

Key facts

WhenStarting November 1, Iran announced legal measures against vessels operated by Jangkeum Shipping.
WhoIran's Persian Gulf Strait Authority (PGSA) targeted South Korean shipping company Jangkeum Shipping.
WhatThey reported that over the past 3 months, the company most frequently violated transit regulations and took action against at least 7 vessels.
HowThe Korea Shipping Association confirmed that the warned vessels are chartered ships, not owned by Jangkeum Shipping.

What it means for me

It could affect South Korean vessels transiting the Strait of Hormuz and crude oil transport.