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MSC to offload all cargo bound for Gulf at nearest safe seaport

LOS ANGELES : MSC, the world's largest carrier of ocean container cargo, said on Tuesday all cargo bound for ports in the Gulf...

24 US states sue Trump over new 10% tariffs after Supreme Court blocks earlier duties

WASHINGTON D.C.: A group of US states said Thursday that they had filed a lawsuit against President Donald Trump's new tariffs on imports, imposed...

Explosion reported off tanker near Kuwait, crew safe, UKMTO says

LONDON: A tanker at anchor off Kuwait ​reported seeing a large explosion ‌on its port side and was taking on water, the United Kingdom...

MSC introduces war-risk surcharge on Africa trade

GENEVA : Mediterranean Shipping Company (MSC) has announced the introduction of war-risk surcharges on cargo shipments bound for African markets and Indian Ocean island...

Saudi Red Sea Authority Appoints Dr. Maryam Ali Ficociello as Chief Executive Officer

RIYADH: The Saudi Red Sea Authority (SRSA) on Friday announced the appointment of Dr. Maryam Ali Ficociello as Chief Executive Officer, effective March...

Global trade reroutes to Africa as Hormuz traffic plunges 90%

LONDON: Commercial shipping traffic through the Strait of Hormuz has dropped as much as 90% amid escalating conflicts in the Middle East, forcing global...

Indonesia, Philippines, Vietnam forging maritime security triangle

HAMILTON: Faced with mounting challenges, Indonesia, the Philippines and Vietnam are exploring security cooperation focused on maritime order in the South China Sea. The...

37 Indian-flagged ships with over 1,100 seafarers stranded near Hormuz amid West Asia tensions

NEW DELHI : With tensions between US-Israel and Iran on the rise, at least 37 Indian-flagged ships, along with 1,109 crew members, are stuck...

Oil tankers seen floating storage as shipments from Persian Gulf at near standstill

Oil tanker companies are exploring opportunities to store refined products in the Persian Gulf to ensure cash flow at a time when they are...

ICS Chairman Emanuele Grimaldi’s message on the military conflict in the Strait of Hormuz

LONDON : ICS Chairman Mr. Emanuele Grimaldi messaged in the military conflict that, “I have been deeply concerned about the seafarers who are being...
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