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MEA issues Advisory for Indian nationals undertaking employment on commercial vessels operating in Black Sea region

NEW DELHI: The security situation in and around the Black Sea and adjoining maritime areas remains highly volatile due to the ongoing conflict. Commercial...

Iran says IRGC fired warning shots at four ships in Strait of Hormuz

TEHRAN: Iran's Islamic Revolutionary Guard Corps (IRGC) said its naval forces fired warning shots at four vessels attempting to transit the Strait of Hormuz...

Oil Tanker explodes in Strait of Hormuz after hitting naval mine amid the battle for control of vital energy passage

OMAN : An oil tanker exploded in the Strait of Hormuz after striking a naval mine on July 26, 2026. According to reports, the...

Ukraine strikes Iranian vessels in Caspian Sea, Tehran accuses Kyiv of ‘hostile and criminal act’

TEHRAN : Iran summoned a Ukrainian diplomat in Tehran on Sunday to protest an attack on an Iranian commercial vessel in the Caspian Sea,...

EU moves to include Two Indian Ship Recycling Yards on Approved List

LONDON: In a significant development for India’s ship recycling industry, the European Commission has proposed adding two Indian ship recycling facilities to the European...

Hanwha Ocean advances Korea-U.S. Shipbuilding Cooperation through naval vessel development and broader industry collaboration

SEOUL: Hanwha Ocean signed one agreement and two Memoranda of Understanding (MOUs) with U.S. partners covering naval ship design, workforce development, and supply chain...

Hyundai Glovis wins Chinese EV logistics deals, expands non-affiliate revenue

SEOUL : Hyundai Glovis has been signing transportation contracts in succession with Chinese manufacturing corporations, expanding non-affiliate (outside the group) revenue. Hyundai Glovis said on...

Panama Canal reports Higher Transits and Tonnage while preparing to meet demand amid expected El Niño Conditions

PANAMA CITY: The Panama Canal reported higher transit volumes and cargo tonnage during the third quarter of fiscal year 2026 (October 2025–June 2026), while...

“K” LINE Notice on Revision to Consolidated Financial Forecasts for the Fiscal Year ending March 2027

TOKYO: Kawasaki Kisen Kaisha, Ltd ("K" Line), announces that it has revised its consolidated financial forecasts for the fiscal year ending March 2027 from the...

Carbon cost “reimbursement right” in shipping’s EU ETS is largely unenforceable, new study finds

Research is a warning to owners, managers and charterers that the statutory right to pass on carbon costs cannot be relied upon — commercial...
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