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Yemen’s Iranian-backed Houthis say they will block Saudi shipping at Red Sea Gateway

CAIRO : Yemen’s Iranian-backed Houthi rebels on Monday announced they are imposing a maritime embargo against Saudi Arabia in retaliation for a blockade on...

Trump discusses demining Strait of Hormuz, military alliance with new UK PM Andy Burnham

WASHINGTON DC: US President Donald Trump on Tuesday (local time) held a conversation with UK's new Prime Minister Andy Burnham. The discussions ranged from...

Colombo Port to get $40 million funding from World Bank’s IFC, HSBC

COLOMBO : World Bank Group member International Finance Corporation (IFC) and HSBC Bank will invest up to $40 million to modernise and decarbonise operations...

Largest shipbuilder CSSC, exploring automated design

SHANGHAI : China State Shipbuilding Corp(CSSC), the world's largest shipbuilder, has begun exploring artificial intelligence to automate and optimize ship design, according to a...

Middle East Conflict: Strait of Hormuz Transits back to 90% below “Normal”

LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets impacted by the...

KR Leads World-First Pilot Demonstration of MobED, Hyundai Motor and Kia’s Autonomous Mobile Robot Platform, aboard HYUNDAI DUBAI

BUSAN: Korean Register (KR, CEO & Chair Mr Lee Yongsok), together with Hyundai Motor and Kia, HMM, HMM Ocean Service (HOS) and Gosung Engineering,...

“We control the Strait”, says Trump amid fresh wave of US strikes against Iran

FLORIDA: As hostilities continue to rise in West Asia, the United States Central Command said on Sunday (local time) that it carried out a...

Maersk to announce 2 major tariff changes from August 1

COPENHAGEN : Shipping giant Maersk will increase its tariffs on India-Europe container cargo flow from August 1 this year, which is expected to hit...

Gulf states race to make Hormuz less relevant

DUBAI : Gulf states are fast-tracking pipelines, export terminals and logistics corridors to reduce reliance on the Strait of Hormuz after the latest disruption...

World’s largest naval replenishment vessel constructed by China at Guangzhou Shipyard

GUANGZHOU : China is building what appears to be the world’s largest naval supply ship at a shipyard located on Longxue Island, near Guangzhou. According...

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