VOL. XXXI

NO. 42

25-JULY-1988

GULF SHIPPING

All Quiet on the Water Front

Attacks on Gulf shipping went into remission last week after the announcementby Iran of its acceptance of UN Security Council Resolution 598, althoughfighting did continue both on the ground and in the air. The last attack onshipping in the Gu]f prior to the 18 July Iranian announcement was ahit-and-run operation carried out by Iranian gunboats on 15 July against the85,989 dwt Liberian-flag tanker Sea Victory as it was...