An update on the current situation in the Strait of Hormuz, Persian Gulf, and Gulf of Oman. There are reports of an attack on a containership in the Strait, several ships were also hit outside the Strait. There was also an attack by a US submarine against an Iranian corvette off Sri Lanka and by a suspected Ukrainian unmanned surface vessel against a Russian LNG tanker in the Mediterranean. Contact What’s Going on With Shipping via: Patreon: www.patreon.com/wgowshipping Twitter: @mercoglianos Bluesky: @mercoglianos.bsky.socialFacebook: @wgowshipping Email: [email protected]:00 March 4 Update04:30 Can the US Navy Escort Ships through the Strait? 08:58 Can the US Underwrite War Risk Insurance? 17:38 US Navy Sinks Iranian Corvette off Sri Lanka20:18 Natural Gas Sector & Attack on Russian LNG24:44 Container Sector & Black Swan Event27:13 Cruise Ship Sector 28:21 Port Status 28:34 Conclusion