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Drewry: World Container Index up 5% last week

LONDON: For many years, World Container Index (WCI) has been the go-to, independent, global reference for index-linked contracts. If your organisation requires regional visibility/coverage...

SCI welcomes ‘MT Desh Vibhor’ following safe transit through Strait of Hormuz

NEW DELHI : The Shipping Corporation of India Ltd. (SCI) successfully welcomed its tanker MT Desh Vibhor at Sikka Port in Gujarat following the...

Iran targets US military positions in retaliation for American airstrikes

TEHRAN: The Islamic Revolutionary Guard Corps (IRGC) Navy announced that it has targeted US military positions in the region in retaliation for American airstrikes...

“Act of folly will be met with harsh response,” Iran issues warning after US strikes

TEHRAN: Ibrahim al-Fiqar, Official military Spokesperson for Iran's Khatam al-Anbiya Central Headquarters, the operational command center that coordinates the Islamic Revolutionary Guard Corps (IRGC)...

US-Iran agree to setup direct channel with IRGC to de-escalate conflict, says VP Vance

WASHINGTON DC: US Vice President JD Vance confirmed that the US and Iran have agreed to set up a direct deconfliction channel with military...

Iran, US set up “communication line” to avert military incidents in Hormuz as per MoU

TEHRAN: Iran and the United States on Friday have established a "communication line" in the Strait of Hormuz to prevent incidents that could escalate...

IRGC says transit through Hormuz only possible via routes approved by Tehran

TEHRAN: Iran's Islamic Revolutionary Guard Corps (IRGC) Navy on Friday said that transit through the strategic Strait of Hormuz would only be permitted through...

“K” LINE Group-Managed Vessel receives 2025 Best Quality Ship Award

TOKYO: Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that pure car carrier DRIVE GREEN HIGHWAY, managed by “K” LINE in-house ship...

ABB to acquire Høglund to expand marine automation offering

ZURICH: ABB announced on Friday that it has entered into an agreement to acquire marine automation specialist Høglund AS, headquartered in Tønsberg, Norway. The...

IMO suspends Hormuz transits after Evergreen ship attacked

LONDON: The UN's International Maritime Organization announced that it would be pausing its plan to evacuate the Strait of Hormuz on Thursday, following a...
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