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Saudi Arabia adds 5 shipping services to bolster trade links amid Hormuz disruptions

RIYADH: Saudi Arabia’s ports authority has added five new shipping services with major global carriers, including Maersk and Hapag-Lloyd, to help combat disruptions in...

TGA Temporarily Exempts Saudi, Foreign Vessels from Document Validity Requirement

RIYADH: The Transport General Authority (TGA) announced the suspension of the requirement for the validity of certificates and documents needed for the issuance or...

Iran war will impact wider fleet safety

HAMBURG: The escalating conflict in the Middle East and the blocking of the Strait of Hormuz is set to become a major operational challenge...

Shipping banks remain exposed to latent systemic refinancing risks as a result of the energy transition and tightening shipping emission regulations, UCL study finds

LONDON: A new report from the UCL Energy Institute and Strider Carbon finds that while banks seem largely insulated from direct losses when climate...

PM Modi addresses the Lok Sabha on the ongoing conflict in West Asia

The situation in West Asia is concerning at this time: PM In the past two-three weeks, Mr. Jaishankar and Mr. Hardeep Puri have provided the...

Two more Indian-flagged LPG tankers set to cross Strait of Hormuz

NEW DELHI : Two more Indian-flagged LPG tankers have started their journey from the Persian Gulf and are expected to cross the war-hit Strait...

Marsa Maroc to invest $2.1 billion in port expansion through 2030

MOROCCO: Morocco’s leading port operator, Marsa Maroc, announced a nearly MAD 21 billion ($2.1 billion) investment program spanning 2025 to 2030. The plan aims...

Middle East Conflict: Straits of Hormuz Transits Remain 95% Down

LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising...

Kuwait Customs reroute cargo via land routes; vital supplies flow continues amid disruptions

KUWAIT CITY : Kuwait’s General Administration of Customs has implemented emergency measures to safeguard supply chains and ensure the uninterrupted flow of essential goods,...

Crucial updates to the Guidelines on the Application of the ILO Maritime Labour Convention released by ICS

LONDON: The International Chamber of Shipping (ICS) has released the fifth edition of its Guidelines on the Application of the ILO Maritime Labour Convention,...
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