Precious Shipping

Precious Shipping is the owner of the Thai-flagged cargo ship, Mayuree Naree. The company is in the news due to a recent attack on the Mayuree Naree while it was transiting the Strait of Hormuz on March 11th, 2026. The ship was struck by projectiles after leaving the port of Khalifa in the United Arab Emirates. The attack occurred amidst heightened tensions in the Middle East, reportedly following US-Israeli strikes on Iran, which prompted Tehran to effectively close the Strait of Hormuz. Following the attack, three crew members were reported missing. Recent reports confirm the discovery of human remains aboard the Mayuree Naree. This incident highlights the increasing dangers faced by commercial shipping in the Strait of Hormuz, a crucial waterway for global oil supplies, and the potential for escalation in the region.