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Mawani launches new IM2 Shipping Service at Jeddah Islamic Port

JEDDAH : The Saudi Ports Authority (Mawani) has announced the addition of the new IM2 Shipping Service by Emirates Shipping Line and Wan Hai...

Khaled bin Mohamed bin Zayed attends Abu Dhabi Maritime Academy’s inaugural commencement ceremony

ABU DHABI : His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu...

Ships collide in Hormuz Strait in shadow of Israel-Iran war

OMAN : Two oil tankers have collided in the Strait of Hormuz, the world’s most critical oil checkpoint just off the coast of Iran. British...

Middle-East oil freight rates jumping for Iran conflicts

DAMMAM : Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from...

AD Ports Group signs 3 HoTs on maritime projects and ship recycling

ABU DHABI : AD Ports Group signed three Heads of Terms (HoTs) with the Arab Shipbuilding & Repair Yard Company (ASRY) for the provision...

DG Shipping issues Advisory for Indian Seafarer and Indian-flagged vessels operating in Iranian Ports amid Iran-Israel conflicts

MUMBAI : The Directorate General of Shipping issues advisory in reference to the alert from the Embassy of India, Tehran, Ministry of External Affairs,...

Adani’s Haifa Port unaffected by Iranian Missile Strikes, Operations Normal: Report

JERUSALEM : Indian billionaire Gautam Adani-led group's Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered,...

Global freight ships set defensive plans for Israel-Iran conflict, Strait of Hormuz risks

NEW JERSEY: Commercial traffic including critical global oil trade continues to flow through the Strait of Hormuz after Israel’s attack on Iran, but maritime...

Israel’s attack on Iran bullish for oil prices but unlikely to last unless exports affected: Report

NEW YORK : Israel's airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional...

Maritime war risk premium could rise if Israel-Iran conflict escalates

LONDON : Maritime war risk premium in the Middle East could increase if the Israel-Iran conflict escalates following the latest Israeli attacks, market participants...
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