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Half of India’s LNG imports come from Qatar and UAE, relying on Strait of Hormuz for supplies

NEW DELHI : Half of India's total natural gas requirement is met via imports that come through the Strait of Hormuz - supplied by...

Strait of Hormuz could be vulnerable to Iran retaliation

OMAN : The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an action President Trump said aimed to...

Hapag Lloyd reducing services to Port of Haifa temporarily

HAMBURG : German shipping line Hapag-Lloyd has temporarily reduced its container services to the Port of Haifa, Israel, which is being operated by Adani-Gadot...

NYK acquires Kadmos, a salary payment platform for seafarers

TOKYO : Japanese shipping company Nippon Yusen Kabushiki Kaisha, or NYK Line, is acquiring Germany’s salary payment platform for seafaring workers, Kadmos, as it...

Wilson Sons starts operations powered by 100% renewable energy at the Rio Offshore Support Base

RIO DE JANEIRO : Recognized for its extensive experience of over 187 years, Wilson Sons has begun operating with 100% renewable energy, primarily from...

Baltic Dry Bulk Index dips to over 2-week low as capesize rates retreat

LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a more than two-week...

Exporters may use other routes if Iran blocks Strait of Hormuz

NEW DELHI : The dramatic escalation in the Iran-Israel war with the entry of the US has aggravated the uncertainty over India’s foreign trade in goods, with the...

Iran-Israel war escalation to impact India’s trade with West Asia, say experts

NEW DELHI : Any further escalation of the ongoing war between Iran and Israel will have wider implications for India's trade with West Asian...

Iran may decide closure of Strait of Hormuz — putting one-fifth of world’s oil supply at risk

WASHINGTON : Iran’s parliament has voted to close the Strait of Hormuz, the vital shipping channel through which around 20% of the world’s daily...

Yemen’s Houthis say ready to attack Red Sea after US strikes on Iran

SANA : Yemen’s rebel government says it supports a vow by its armed wing a day earlier to hit US ships in the Red...
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